Ivanhoe Mines Ltd (IVN.TO) on Thursday reported higher profit for the year ended December 31, 2025, primarily driven by a sharp increase in revenue.
Profit attributable to owners of the company increased to $261.56 million or $0.19 per share from $228.14 million or $0.17 per share a year earlier. In 2024, the company had recorded a loss on fair valuation of embedded derivative liability of $164.17 million.
Revenue rose to $441.62 million from $40.82 million in 2024.
Share of profit from joint venture declined to $180.60 million from $291.91 million. Finance income also decreased to $174.16 million from $241.54 million.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.