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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

Comment by mako88sbon Apr 26, 2024 4:11pm
128 Views
Post# 36010208

RE:In Zambia, the drought has impacted 9.8 million people.

RE:In Zambia, the drought has impacted 9.8 million people.

bogfit wrote: "Over 2.7 million Zimbabweans are in need due to prolonged dry spells resulting in complete crop failure in many areas. Government indications show that 26% of people in rural areas will have a cereal shortage, further worsening a dire hunger crisis there. The situation is compounded by economic stress and livestock losses even as the country reels from a cholera outbreak that led to over 560 fatalities. Livestock diseases and water scarcity have worsened this situation.

In Zambia, the drought has impacted 9.8 million people. Delayed rains and wilting crops led to a national disaster declaration in February. Food prices surged 45%, worsening hunger. 84 districts in 8 provinces are affected, impacting 14.8 million. A March assessment found alarming food insecurity: 76% with limited food stocks, 5.7% with none, and 75.7% resorting to severe coping mechanisms. Crop damage is 50-90%, and water scarcity has forced 30% to seek alternative sources. At the same time over 740 people have succumbed to Cholera in what has been identified as the deadliest outbreak the country has experienced."

Immediate Action is Needed as Southern Africa Grapples with Worsening Drought - Zambia | ReliefWeb

b.



It's getting beyond tiresome listening to you(or should I say, seeing you post daily). Do you really think we need you to babysit out investment decisions? I'm pretty sure all of us here, or at least most of us, know how to manage risk for stocks such as this. 

Maybe you need to volunteer at the local foodbank to see were your persuasiveness might be of better use to society. 
 

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