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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. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa-Kakula Copper Complex project stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (km) west of the town of Kolwezi and about 270 km west of the provincial capital of Lubumbashi. The Kipushi mine is adjacent to the town of Kipushi in the Democratic Republic of the Congo (DRC) approximately 30 km southwest of the provincial capital of Lubumbashi. The 21 licenses in the Western Foreland cover a combined area of 1,808 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex.


TSX:IVN - Post by User

Bullboard Posts
Post by Kazparovon Oct 27, 2016 10:49am
229 Views
Post# 25392338

Geopolitical risk -DRC elections

Geopolitical risk -DRC elections
https://www.theguardian.com/commentisfree/2016/oct/22/observer-view-on-congo-failure-of-democracy-in-africa

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The DRC’s next presidential election is due next month. It isn’t going to happen. A court last week upheld a request by the election commission that the poll be postponed, ostensibly because voter rolls are incomplete. A “national dialogue” by the ruling coalition and involving fringe parties and civic groups, but boycotted by the main opposition and Catholic church, also agreed a delay until at least April 2018. In effect, Kabila and his security force backers have compromised the constitution and the judiciary and engineered a silent coup. His solemn 2011 promise has been broken.

This shameless subversion of the democratic process (parliamentary and provincial polls have also been put off) was condemned by the main opposition party, the UDPS, as a “flagrant violation”. Rassemblement (Gathering), the multi-party opposition organisation, reacted with fury and called a general strike last Wednesday. Kabila’s attempt to cling to power threatens the DRC’s hard-won and still precarious stability. Worse, it risks a return to national and regional upheaval, violence and war. At least this time the world is paying more attention. Maman Sambo Sidikou, the senior UN official in the country, warned the UN security council last week that “large-scale violence is all but inevitable” if the impasse is not resolved. “The tipping point could be reached very quickly.” After related clashes in Kinshasa last month, in which at least 50 people died, the US imposed limited sanctions on army generals implicated in human rights abuses. On Monday EU foreign ministers also agreed to pursue possible punitive measures.

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