Ivanhoe Mines Pulls Production, Cost Forecast Due to Seismic Activity at DRC Copper Mine

Ivanhoe slumps after withdrawing Congo copper mine guidance

Ivanhoe Mines Ltd. shares slumped after it withdrew cost and production guidance for Africa’s largest copper mine. Find out more

Ivanhoe Mines pulls production, cost forecast due to seismic activity at DRC copper mine

Shares in Ivanhoe were down by more than 15 per cent in late morning trading on the TSX

Ivanhoe shares fall as pulls Kamoa production guidance

IVANHOE Mines experienced its worst trading day in over a decade after it withdrew production guidance at its Congo copper mine Kamoa-Kakula, said Bloomberg News. Ivanhoe Mines said on Monday that ongoing seismic disturbances had forced the suspension of certain underground activities at the facility. It was consequently reassessing its annual copper production estimates of 520,000 to 580,000 tons from the mine and has postponed its timeline for…

Loncor Gold Inc. (TSX:LN) - Adumbi – A Tier-1, High-Grade Gold Project - Research Portal

Loncor Gold (TSX:LN) is focused on advancing the 84.69% owned, 3.7M oz Adumbi gold deposit located in the NE Democratic Republic of Congo (DRC). It is one of three known gold deposits found within a banded iron formation host along a 14km mineralized shear system. The current aim is to expand the resource to ~5.0M oz by drilling beneath the $1,600/oz pit shell.  Armed with the proceeds of the recent C$9.4M equity financing which closed on May 23r

Lunch Wrap: ASX inches up, copper stocks rally after Ivanhoe shuts Congo mine

ASX edges up as Europe rallies on tariff truce Ivanhoe tremors jolt copper stocks higher Telstra plots leaner, meaner five-year plan   The ASX tiptoed modestly higher Tuesday morning, up by just 0.15%. With Wall Street and London both closing for the long weekend, local traders took their cue from the Old Continent, where stocks jumped after Trump hit pause on his 50% EU tariff threats. Nasdaq 100 futures also climbed, feeding optimism into tech…

Free Article Limit Reached – The Northern Miner

During the first quarter of 2025, a combined $3.01 billion worth of battery metals were contained in the packs of newly sold electric vehicles worldwide, up a modest 1.3% year...