Ivanhoe Q3 profits shrink on copper mine disruption

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Kamoa-Kakula is the highest-grade major copper mine. Credit: Ivanhoe Mines

Ivanhoe Mines (TSX: IVN) fell to a more than one-month low after reporting its financial results for the third quarter of 2025, which showed a decline in profit caused by disruptions at its flagship copper mine.

For the three months, the Vancouver-based miner booked an after-tax profit of $31 million, which was less than a third of what it recorded in the same period last year ($108 million), and also $2 million lower than the second quarter. Its adjusted EBIDTA was also down from last year and the quarter before.

The principal cause of the decline was the seismic activity in May and subsequent flooding that disrupted production at its Kamoa-Kakula copper complex in the Democratic Republic of the Congo. During Q3 2025, the operation produced 71,226 tonnes of copper concentrate, compared with 112,009 in Q2 and 116,313 tonnes in…

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