CA - Ivanhoe Mines GAAP EPS of $0.07 revenue of $702.38M
2023-08-03 09:55:15 ET
- Ivanhoe Mines press release ( OTCQX:IVPAF ): Q2 GAAP EPS of $0.07.
- Revenue of $702.38M (+1.9% Y/Y).
- Kamoa-Kakula Copper Complex sold 101,526 tonnes of payable copper in Q2 2023 and recognized record quarterly revenue of $702 million and EBITDA of $457 million
- Ivanhoe Mines recorded a quarterly profit of $87 million, driven by income from the Kamoa-Kakula joint venture of $123 million
- Platreef progressing well towards Q3 2024 start-up; over 2,000 metres underground development completed.
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Ivanhoe Mines GAAP EPS of $0.07, revenue of $702.38M