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Ivanhoe Mines sees higher costs, lower copper price

Aims to curb costs

Steven Swindells
Ivanhoe Mines dented by lower copper price

Ivanhoe Mines dented by lower copper price

The firm realised an average Q3 copper price of $3.50/lb, down from $4.24/lb a year earlier and $4.34/lb in Q2. EBITDA at Kamoa-Kakula fell in Q3 to $254 million from $286 million the previous quarter...

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