Ivanhoe Mines Ltd. T.IVN

RE:RE:Food for thought

[bogfit]

"Okey, You are bullkraping....I know that."
 
Perhaps if you could cite some authority for your assertions?  Then perhaps others might “know that” as well?  LOL
 
As it is, a major concern for Peru is not the threat to the Coastal Plain that you mentioned, “… divert water from overflowing rivers coming from the highlands.”  This is a mistake I account to the fact that you are not aware that most mines along the Andrean front are hundreds of miles up in the mountains, and all their production must travel down narrow riverine valleys that naturally funnel the water down the canyon, concentrating the erosion damage on that narrow strip of land.  The damage in 2017 that caused force majeure was to road/rail infrastructure on their route to the sea.

It is IMO important to remember that unlike Ivanhoe, whose 450 mile route to the sea is flat land,  Peruvian miners like Hudbay’s Constancia are an equal distance from a sea port, BUT their route to the sea is in high relief terrain.  Trust me, it makes a difference.  

The last update on Peru is 2 weeks old. –
“Since the past week, heavy rainfall has been affecting parts of Peru, triggering landslides and severe weather-related incidents that resulted in damage.  For the next 24 hours, moderate to heavy rainfall is forecast across most parts of Peru, particularly over the northern central provinces.”

https://reliefweb.int/report/peru/peru-severe-weather-indeci-senhami-echo-daily-flash-02-february-2024

b.