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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 19, 2024 9:50pm
136 Views
Post# 35888141

Tensions escalate in East Africa

Tensions escalate in East Africa Rwanda accuses its neighbors of harboring hostile intentions and preparing for invasion.
 
Rwanda has tightened its air defenses, citing threats from neighboring Burundi and the Democratic Republic of the Congo (DRC). Kigali accuses both nations of harboring rebel groups and employing Chinese attack drones, raising concerns of an impending conflict.
 
Earlier this year, the DRC and Burundi formed an alliance to combat two rebel groups: the M23 operating in eastern DRC and the RED Tabara, launching attacks into Burundi from eastern DRC. Despite Rwandan denials, numerous human rights reports link these groups to Kigali.
 
Rwandan President Paul Kagame views the threat of war from Burundi and the DRC as real. “The Congolese political and military leadership, including President Flix Tshisekedi, has repeatedly declared their intention to invade Rwanda and change its government by force,” a Rwandan government statement declared. “Rwanda takes them at their word and has adjusted our posture accordingly.”
 
These adjustments include bolstering air defense capabilities to counter the DRC’s acquisition of advanced Chinese CH-4 attack drones in 2023 and repeated airspace violations by Congolese fighter jets.
 
Rwanda braces for potential conflict as DRC and burundi bolster military capabilities - Dailynewsegypt

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