Ivanhoe Mines Ltd. T.IVN

Fatality Kamoa-Kakula - Halt on underground mining operation

[Donald0460]

Hopefully the investigation resumes quickly so that Ivanhoe can address the security issues/and production can be restarted. The DRC press is now looking more into the accident questioning safety standards, and also quoting a 2021 fatality at KK. I had not noticed at the time in April 2021: https://congovirtuel.com/information/rdc-cuivre-un-accident-fatal-cause-un-mort-a-la-mine-de-kamoa-kakula/

[cashtango00]

Production hasn't stopped, they are just running the concentrators off the stockpiles and aren't pulling ore from underground.  Sadly, mining is a dangerous business.  Hopefully, they continually improve operational safety.  

[Donald0460]

This is now the 3rd fatality in roughly 2 years (this is the 3rd one:https://www.mining.com/fatal-accident-at-ivanhoes-kamoa-kakula-mine-in-congo/ : 2021, 2022 and 2023, and this points to the issue that maybe not enough has been done on the safety side/underground works. They will now really need to fix these safety issues before the DRC authorities take action and start a fully fledged

[cashtango00]

" before the DRC authorities take action"  " something of a systematic nature is at play here" Donald and his narrative never gets old.....lol 

[cashtango00]

I know facts aren't Donald's forte, but all 3 of IVN's projects have seen large improvements in safety records over the last 3 years with the 2 projects in the DRC scoring significantly better than the industry average. No one is downplaying the seriousness of workplace accidents and the need to constantly improve, but this is unfortunately a common aspect of the business, particularly

[Donald0460]

We are talking about "deaths" not "workplace accidents"; and "death" is not a "common aspect of the business, particularly in places like Africa", I doubt that anyone within Ivanhoe or RF would describe this in such terms as you did. KK fatalities go back to 2019; Platreef in 2020. So, any way you take this: IVN as a business has to implement very high

[sdakota]

needy attention seeking drama queen thank you

[cashtango00]

Again, Donald,  you are out to lunch on what you are talking about.  Death is unfortunately incredibly common in mining in Africa for numerous reasons.  In South Africa alone, they have 50-70 mining deaths a year.  When you have over 10,000-15000 employees building a huge operation at breakneck speed, this happens.   In less regulated mining operations in the DRC

[sdakota]

wow!  now that's a smackdown. talk about being put in your place