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Ivanhoe Mines Ltd.
7/30/2026
Good morning, ladies and gentlemen. Welcome to the Ivanhoe Mines Ltd. second quarter earnings call. At this time, you are in a listen-only mode. Following the presentation, we will conduct a question and answer period. This call is being recorded on Thursday, July 30th, 2026. I would now like to turn the call over to Tommy Horton, Vice President, Investor Relations and Corporate Development. Please go ahead.
Thank you, operator. Hello, everyone. As introduced, my name is Tommy Horton, and I am Vice President of Investor Relations and Corporate Development for Ivanhoe Mines. That is my pleasure to welcome you to our second quarter, 2026, from the school. This call will be recorded on today, Thursday, July 30th, 2026. On the line today from Ivanhoe Mines, we have Ivanhoe Mines founder and co-chairman, Robert Friedland. and Chief Executive Officer Marla Cloeter, Chief Operating Officer Tom van den Berg, Executive Vice President of Technical Services Simon Bottoms and Executive Vice President of Projects Steve Amos. We've finished today's event with a question and answer session. You can submit questions using the Q&A box on our webcast page as well as through the conference operator via the phone line. Given our time constraints, we will be unlikely to finish every question, but we will endeavour to follow up after the calls via our investor relations team. Before we begin, I'd like to remind everyone that today's event will contain forward-looking statements that will involve risks and uncertainties that could differ from actual results materially. Details for our forward-looking statements are contained on our news release on July 29th, as well as on CEDAR+, as well as on our website, www.ivanhomemines.com. It's now my pleasure to hand over to Ivan Home Mines founder and co-chairman, Robert Friedland, for his opening remarks. Robert, please go ahead.
Thank you to all of our shareholders and stakeholders. I'm speaking to you from a cloudy and relatively cool day in New York City. And I'd like to draw your attention to the slide on page three, as you see our phase one solar power plant generating 60 megawatts of power when it's fully running at the end of this quarter in a few weeks. Thank you for joining us. This is 60 megawatts, 24 hours a day. And in time, it will be twice as big as this vast field of solar arrays. And then it will be triple this size. So this is a very good paradigm for our sort of vision for Ivano Mines for the future. A company at the bottom of the world cost curve. and many more. and I rarely give investment advice. I've seen shares overvalued and undervalued. But if you pay close attention to this conference call, you'll see why it's obvious that it's intelligent to approach our shares from the long side. They're now oversold. There's nothing but upside going forward. There's an incredible series of opportunities as we develop the largest precious metals mine in the world, the richest zinc mine in the world, and yes, and the near future about the Western Forelands. So with that, I'm going to turn this over to a woman I love a lot. She's our Chief Executive Officer. She just celebrated her 20th anniversary with Ivano Mines. I've watched her grow enormously. As a manager, as a human being, as a visionary, as a politician, she's great. And if you want blunt advice about what to do with your wallet, I'm happy to talk about it later at the end of this call. But now over to Marna, our president and CEO. Marna?
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