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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

Post by bogfiton Feb 19, 2024 9:24pm
115 Views
Post# 35888125

CONCERN OVER FOOD SHORTAGES IN DRC

CONCERN OVER FOOD SHORTAGES IN DRC

"With the rebels advancing towards the town of Sake, approximately 25 km (15.5 miles) west of Goma, the city now relies on scant food supplies brought in by canoes from villages around Lake Kivu.  The Kituku market, on the lake's banks, has become a critical source of food for Goma.

Esperance Nyota, a banana seller, warned of an impending famine if the conflict persists and the routes supplying Goma from surrounding farmlands remain cut off.

"The entire city of Goma depends on this small market for supplies of cassava, corn, and bananas," Nyota said.

Approximately 135,000 internally displaced people have fled Sake in the past week, according to the United Nations refugee agency. They join the hundreds of thousands already displaced around Goma since 2022 due to the ongoing conflict.

The UN agency has warned that the conflict, including indiscriminate bombing, risks exacerbating the strain on limited resources to cater for more than 800,000 internally displaced people, and 2.5 million already displaced in the North Kivu province.

The Norwegian Refugee Council said on Thursday that the advance of the armed groups towards Sake, a crucial link to Goma, posed an imminent threat to the entire aid system in eastern Congo, with potentially devastating consequences for the civilian population."

Eastern Congo Residents Scramble for Food and Safety as Conflict Intensifies (usnews.com)

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