Ivanhoe Mines Posts Higher Q3 Earnings YoY, Lowers 2027 Guidance for Kamoa-Kakula Mine
MT newswire2026/11/04 11:09Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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07:09 AM EST, 11/04/2026 (MT Newswires) -- Ivanhoe Mines (IVN.TO) booked Q3 earnings of $0.04 per share from $0.02 in the previous year. Analysts polled by FactSet expected $0.07 per share. Revenue for the three months ended Sept. 30 jumped to $263.8 million from $129.4 million a year ago. Analysts expected $274.0 million. The miner produced 68,188 tonnes of copper in concentrate at the Kamoa-Kakula mine in the Democratic Republic of Congo, falling from 72,143 tonnes year over year. Ivanhoe lowered its 2027 copper production guidance at Kamoa-Kakula to a range of 300,000-350,000 tonnes from 380,000-420,000 tonnes previously, citing a slower ramp-up.
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