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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 17, 2024 10:30am
144 Views
Post# 35885750

Food for thought

Food for thoughtCould you be more specific as to what you consider bashing?   Do you include any criticism, even if factual and reasonable?  Is Ivanhoe a cult, an immaculate creation, or just another business enterprise subject to all the ordinary forces of the marketplace? 

It seems to me that some Ivanhoe supporters fear any real discussion of the geopolitical situation and circumstances that all mining operations in southern Africa have experienced over the last decade, and will encounter in the next.   What I can’t understand is the justification for the rude insults, sarcasm, and viscous hatred that has been projected toward those who would discuss the potential risks associated with mining.

I have a background in Environmental Science as well as having invested in mining stock since 2002, and have applied my experience to evaluating the threats to mine operations and production, as well as transport from extreme weather events since the 2017 floods in Peru that caused force majeure to be declared by some mining companies.

Extreme weather events and climate change is NEW in human experience in terms of frequency and strength.  All the manifestation of EW and CC have historically occurred in the past but the effects of greater floods and longer droughts will have one far larger populations in affected areas.

Along with the cost to maintain road and rail infrastructure transportation, the other critical consideration must be given to the effect of CC upon subsistence farmers –

“The Republic of Congo’s agricultural sector is limited and cannot satisfy domestic demand. Approximately 40% of the population is engaged in subsistence agricultural production”

https://www.privacyshield.gov/ps/article?id=Republic-of-Congo-Agricultural-Sector#:~:text=Approximately%2040%25%20of%20the%20population,gross%20domestic%20product%20(GDP).

The fact is that hunger like armed conflict tends to spread.  Another decade like the last and you are likely to see a break down in social and civil order in more than one African nation.  Hungry people are so damned unreasonable.
 
b.


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