Newsfile Corp
04 Jun 2026, 11:44 UTC · 3h ago
Ivanhoe Mines Reports Kipushi Mine Produced a Record 25,677 Tonnes of Zinc in May, Equivalent to 308,000 Tonnes of Zinc Annualized
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Newsfile Corp
04 Jun 2026, 11:44 UTC · 3h ago
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Ivanhoe Mines' Kipushi Mine is on track to become one of the world's top four zinc mining operations in 2026. — Achieving top-tier global producer status significantly increases the company's market share and revenue potential.
+0.60The Kipushi Mine achieved a monthly production record of 25,677 tonnes of zinc in May, representing an annualized rate of 308,000 tonnes. — The annualized rate exceeds the upper end of the company's 2026 guidance (240k-290k tonnes), suggesting potential for an earnings beat.
+0.50Construction of the second tailings storage facility is over 90% complete, with first deposits expected in October 2026. — Completion of critical infrastructure mitigates operational risk and ensures the mine can sustain its increased production capacity.
+0.30Ticker attribution
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The company achieved a monthly production record at the Kipushi Mine and is on track to become one of the world's top four zinc producers.
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