Ivanhoe Mines (TSX: IVN) produced 71,226 tonnes of copper and a record 57,200 tonnes of zinc from its operations in the Democratic Republic of the Congo during the third quarter.
Copper production at the Kamoa-Kakula mine totalled 316,393 tonnes, with full-year guidance maintained at 370,000 to 420,000 tonnes of copper in concentrate, the company said on Tuesday, adding that mining is now shifting to higher-grade zones.
At the Kipushi mine, zinc production surged 37% quarter-on-quarter, driven by a program to remove processing bottlenecks and boost throughput. The improvement positions the mine among the world’s top zinc producers, Ivanhoe said, while maintaining its 2025 production guidance of 180,000 to 240,000 tonnes.
Production at Kakula came in slightly below Jefferies’ estimate of 73,700 tonnes, while Kipushi exceeded the firm’s 49,500-tonne forecast.
“We see Ivanhoe Mines as a very…
