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Ivanhoe Mines posts $46M Q2 profit with strong copper and zinc production, tightens 2026 copper guidance.

Company Fundamentals
29 Jul 2026
Newsfile Corp
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Bullish
pluang ai news

Ivanhoe Mines reported a $46 million profit in Q2 2026, driven by robust copper production at Kamoa-Kakula and record zinc output at Kipushi. The company tightened its 2026 copper production guidance to 290,000-310,000 tonnes, expecting higher output in H2 2026 due to increased mining rates and inventory destocking. Key projects include ongoing expansions at Platreef and Kamoa-Kakula, with solar power facilities ramping up to reduce costs. Ivanhoe also plans a major resource update for the Western Forelands copper district in September 2026.

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