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Ivanhoe Mines Ltd. T.IVN

Alternate Symbol(s):  IVPAF

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. It is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include Kamoa-Kakula Complex, Western Foreland, Kipushi and Platreef. The Kamoa-Kakula Complex project is a stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (kms) west of the town of Kolwezi and approximately 270 kms west of the provincial capital of Lubumbashi. The 17 licenses in the Western Foreland cover a combined area of 2,407 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex. The Kipushi Project lies adjacent to the town of Kipushi and 30 kms southwest of the provincial capital of Lubumbashi. Its Platreef project is situated approximately eight km from Mokopane and 280 km northeast of Johannesburg, South Africa.


TSX:IVN - Post by User

Post by bogfiton Feb 16, 2024 7:59pm
121 Views
Post# 35885341

Typhoon Idai hit Ivanhoe's route to port. 2019

Typhoon Idai hit Ivanhoe's route to port. 2019Idai brought strong winds and caused severe flooding in MadagascarMozambiqueMalawi, and Zimbabwe, which killed at least 1,593 people[9] – and affected more than 3 million others.[10] Catastrophic damage occurred in and around Beira in central Mozambique. The President of Mozambique stated that more than 1,000 people may have died in the storm.[11] 

A major humanitarian crisis unfolded in the wake of the cyclone, with hundreds of thousands of people in urgent need of assistance across Mozambique and Zimbabwe. In the former nation, rescuers were forced to let some people die in order to save others.
[12] A cholera outbreak ensued in the storm's wake, with more than 4,000 confirmed cases and seven fatalities by 10 April. Total damages from Idai across Mozambique, Zimbabwe, Madagascar, and Malawi were estimated to be around $3.3 billion (2019 USD),[13][10] with US$1 billion alone in infrastructure damages, making Idai the costliest tropical cyclone in the South-West Indian Ocean basin.[14][15][16][17]


Cyclone Idai - Wikipedia

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