Ivanhoe Mines Ltd. T.IVN

Kamoa-Kakula-fatal accident-investigation

[Donald0460]

The consequences - quoting the IVN press release - are as follows:(1) mining activities at the Kakula underground mine have temporarily ceased. The Phase 1 and 2 concentrators continue to operate, drawing from surface ore stockpiles. Query: how long do the stockpiles last before the mining stop affects the production of the two concentrators ? (2) As regards the investigation by appropriate bodies in DRC: no update on whether the process has formally started/and when it will end. The press in DRC does not provide further info so far.

[sdakota]

thanks for verifying that operations never ceased.  4.5 million tons stockpiled divide by daily thru put of the concentrators comes out to a long time

[sdakota]

you could have worked that out yourself and answered your question instead of playing drama queen games 

[Drksideofmoon]

With the DRC receiving 20% of the revenue from IVN I'm sure they will come to a solution sooner than later.