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Bullboard - Stock Discussion Forum 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... see more

TSX:IVN - Post Discussion

Ivanhoe Mines Ltd. > "Turbines at Kariba Dam ... could sputter and stop."
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Post by bogfit on Apr 13, 2024 10:14am

"Turbines at Kariba Dam ... could sputter and stop."

"Corn, or maize as most people in Zambia call it, is the lifeblood of the country’s diet, eaten for breakfast, lunch and dinner in the form of “nshima,” a high-calorie, polenta-like porridge made from ground corn known as mealie meal. Unless they’ve had nshima, most Zambians feel like they haven’t eaten.

The corn processed into mealie meal depends on a rainy season that begins around planting time in November or December and ends in March or April, with the harvest. But this year very little rain has fallen and unusual heat has stressed the crop even more. Even if it rains now, farmers will harvest a fraction of their normal crop. The country expects a 50 to 60 percent reduction in yields.

At the end of February, facing a hunger crisis, Zambia’s president made the politically difficult move of declaring a national emergency—the first in 40 years. Worsening matters, the water levels on the Zambezi River are so low that turbines at the massive Kariba Dam, the country’s primary source of power, could sputter and stop."

Zambians Feel the Personal Consequences of Climate Change—and Dream of a Sustainable Future - Inside Climate News

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