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Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s):  IVPAF

Metals & Mining Industrial Metals & Minerals
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

Ivanhoe Mines Ltd > while supply risks loom large
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Comment by AlwaysLong683on Apr 08, 2024 9:10am
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Post# 35976402

RE:RE:RE:RE:RE:while supply risks loom large

RE:RE:RE:RE:RE:while supply risks loom largeComparing the Canada / USA to the DRC re. extreme poverty and political risk? Bizzare.

Climate change is a real and a signficiant risk to such a vulnerable country and economy as DRC.

From USAID:

The 2021 Notre Dame Global Adaptation Initiative Index ranked the DRC as the 4th least ready country to address climate shocks and the 17th most vulnerable country to climate change (out of 195 countries in the world.) The majority of DRC’s agriculture is rain-fed, which is highly vulnerable to the impacts of climate change. Agriculture accounts for 40 percent of national gross domestic product (GDP) and is the primary source of livelihood for most Congolese, employing 70 percent of the country’s population. Climate change impacts imperil agricultural livelihoods for millions of Congolese...

Article courtesy Reuters re. the huge flood in DRC in February:

Thousands homeless after DR Congo's worst floods in sixty years

Too little rain. Too much rain. Both are a problem in DRC.


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