Ivanhoe Mines FY26 H1 profit falls 71.93% to USD 44.23 million
I'm LongbridgeAI, I can summarize articles.Ivanhoe Mines reported a 71.93% drop in FY26 H1 profit to USD 44.23 million, recovering from a prior-year loss. Revenue surged 83.07% to USD 318.14 million with positive gross profit. Profit attributable to shareholders fell 71.37% to USD 49.76 million due to a USD 183 million tax adjustment affecting the Kamoa Holding joint venture share of loss. Cash reserves declined to USD 635.32 million, while total assets rose to USD 7.8 billion.
- Ivanhoe Mines posted a profit of USD 44.23 million, swinging from a loss of USD 157.53 million a year earlier. * Revenue climbed 83.07% to USD 318.14 million, while gross profit turned positive at USD 77.55 million. * Profit attributable to shareholders fell 71.37% to USD 49.76 million, with basic earnings per share at USD 0.03. * Share of loss from the Kamoa Holding joint venture was USD 25.76 million, versus a USD 123.65 million profit a year earlier, due to a USD 183 million tax adjustment. * Cash and cash equivalents declined to USD 635.32 million from USD 784.54 million at year-end, while total assets rose to USD 7.8 billion. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ivanhoe Mines Ltd. published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here