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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. 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 prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (kms) west of the town of Kolwezi and approximately 270 kms west of the provincial capital of Lubumbashi. The 17 licenses in the Western Foreland cover a combined area of 2,407 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex. The Kipushi Project lies adjacent to the town of Kipushi and 30 kms southwest of the provincial capital of Lubumbashi. Its Platreef project is situated approximately eight km from Mokopane and 280 km northeast of Johannesburg, South Africa.


TSX:IVN - Post by User

Bullboard Posts
Post by bloomfield18on Mar 28, 2019 1:05pm
209 Views
Post# 29549140

Over 3 million man hours at K-K since January 2018

Over 3 million man hours at K-K since January 2018That’s over 375,000 eight hour man days. That is an unbelievably torrid pace of development. The Company is going flat out to get this into production. Found this tidbit while looking through today’s news release under a discussion of lost time injuries. The NR states that in 2018, the Company surpassed the 10, 11, and 12 million mark without injury. Recently they surpassed the 13 million man hour mark. This means since the beginning of 2018 at least 3 million man hours of work have been performed at Kakula-Kamoa. It’s also incredible they’ve done more than 13 million man hours of work without a single injury at a minesite. Worker health and safety is clearly a top priority. That reflects well on the professionalism of the operation when management has that kind of concern for their workers. For us it might feel like sitting around waiting for paint to dry. The reality is an explosion of activity, with a project advancing in leaps and bounds.

Bullboard Posts