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Bullboard - Stock Discussion Forum Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s):  IVPAF

Metals & Mining Industrial Metals & Minerals
Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa... see more

TSX:IVN - Post Discussion

Ivanhoe Mines Ltd > Remeasurement of contract receivables?
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Post by Coppernut on Aug 18, 2022 10:35am

Remeasurement of contract receivables?

I was surprised to see the $205mm remeasurement of contract receivables "loss" this quarter. Does anyone know what that is about? Is it an adjustment due to the fall in copper prices?
Comment by nextime on Aug 18, 2022 4:10pm
Provisionally-priced revenue and remeasurement of contract receivables Sales in the Kamoa Holding Limited joint venture are provisionally priced at the average market price on the date that the products are delivered to the buyers at the Kamoa-Kakula Mine concentrate warehouse or the demarcated holding area at the Lualaba Copper Smelter premises. Revenue from the contract receivables is recognized ...more  
Ivanhoe Mines Ltd
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