The Canadian precious metals miner has paid down an additional $41 million in debt using cash on hand.
The rise was supported by a strong fourth quarter during which 34 million lb. of copper and 369,000 lb. of molybdenum were produced.
The country also announced a $182 million mineral exploration incentive programme.
C4V is currently involved in some of the world's largest gigafactory developments.
Ivanhoe Electric is part of a growing number of international mining companies investing in Saudi Arabia.
The company's report, the second since 2020, reveals that rubies are gaining steam among Chinese consumers.
Diamond rain in Neptune and Uranus forms at a lower depth than previously thought.
The approved investment will be used in converting the Jwaneng open pit mine into an underground operation.
Vale Base Metals plans to use Epiroc’s technology and digital advances in underground technology to remove employees from the rock face, production drilling areas, and ground support locations.
