Ivanhoe Mines Reshapes Leadership Team with Key Appointments

Ivanhoe Mines has announced significant changes to its leadership team, effective January 1, 2026. The company has appointed Tom van den Berg as Chief Operating Officer, while Mark Farren transitions to a role as Strategic Advisor to the board. Additionally, Nick Popovic, a veteran in the mining industry, has joined as a Strategic Advisor. These appointments aim to bolster the company’s operational capabilities and strategic growth.

In his new position, Mark Farren will continue to support Ivanhoe’s expansion initiatives, including the Platreef Phase 2 development and the advancement of the Western Forelands. Farren has been integral to the company for over a decade, having led several successful projects, including the Kamoa-Kakula Copper Complex. He will work alongside van den Berg to establish a technical center of excellence.

Meanwhile, Tom van den Berg will oversee the ongoing operational recovery at Kamoa-Kakula before officially stepping into his role at Ivanhoe Mines. With 37 years of experience in the mining sector, van den Berg is expected to enhance technical expertise and operational excellence within the organization. His interim responsibilities will ensure a seamless transition as he implements Ivanhoe’s strategic objectives.

As part of the leadership changes, Nick Popovic brings over 30 years of experience from Glencore International AG, where he held senior roles in metals trading. His expertise is anticipated to significantly impact Ivanhoe’s commercial and operational strategies moving forward.

In a noteworthy shift, Manfu Ma will step down from the board after six years of service. His contributions during a transformative period for Ivanhoe have been acknowledged and appreciated by the company. Xianwen Wu, General Manager of CITIC Metal Group, has been appointed to replace Ma, effective November 26, 2025. Wu’s extensive background in international commodity trading is expected to further strengthen the board.

“Ivanhoe is poised for extraordinary growth,” said Robert Friedland, Executive Co-Chair of Ivanhoe Mines. He expressed enthusiasm about the future, stating that the recent appointments set a strong foundation for the company’s next phase. Friedland also extended gratitude to Ma for his dedication to the Kamoa-Kakula project and the broader objectives of Ivanhoe Mines.

Looking ahead, Ivanhoe Mines plans to issue its 2026 and 2027 copper production guidance in the week commencing December 1, 2025. This announcement is part of the company’s ongoing commitment to transparency and growth in its operations.

Ivanhoe Mines continues to focus on advancing its principal projects in Southern Africa, including the expansion of the Kamoa-Kakula Copper Complex and the phased development of the Platreef mine. The company is also exploring new opportunities in the highly prospective Western Forelands, aiming to solidify its position as a leader in the mining sector.