Zambia Copper Mines Hit by State Utility’s Warning of Power
"ZESCO and the Zambian government must “prioritize the protection” of underground mines and smelters “from irreparable damage associated with power outages,” the chamber said in a statement. While the miners understands that it “can no longer be completely insulated from intermittent reductions in levels of power supply,” losses at key assets would be “calamitous” for the industry and economy, it said."
That priority is for Zambian mines! Where did you think Ivanhoe gets it's power?
First out will save their profits.
Time to short IVN!!!
b.