Ivanhoe Mines Reports Fatality at the Kamoa-Kakula Mining Complex

Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) regrets to report that a fatal accident has occurred at the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo (DRC).

The fatal accident occurred at the underground Kansoko Mine in a development area when a fall of ground struck a Kamoa Copper employee. On behalf of the Kamoa Copper Joint Venture, Ivanhoe Mines extends its deepest condolences to the grieving family and friends of the deceased.

Kamoa Copper is undertaking a comprehensive internal investigation into the accident and is working with the DRC authorities to facilitate their investigation of the accident. Once the investigations are complete, management will review and implement any additional safety measures recommended to prevent such an accident from recurring.

Operations at the Kakula Mine and processing facility were not affected by the accident.

The Kamoa-Kakula Mining Complex is operated by Kamoa Copper, a joint venture between Ivanhoe Mines (39.6%), Zijin Mining Group (39.6%), Crystal River Global Limited (0.8%) and the DRC government (20%).

About Ivanhoe Mines

Ivanhoe Mines is a Canadian mining company focused on advancing its three principal projects in Southern Africa: the major new, mechanized, underground mines at the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo, the development of the Platreef palladium-rhodium-platinum-nickel-copper-gold discovery in South Africa; and the restart of the historic Kipushi zinc-copper-germanium-silver mine, also in the Democratic Republic of Congo.

Kamoa-Kakula Mining Complex is one of the highest grade and fastest growing major copper mining operations in the world. Copper concentrates were first produced in May 2021 and, through on-going phased expansions, it is positioned to become one of the world's largest copper producing operations by Q4 2024. The Kamoa-Kakula Mining Complex is powered by clean, renewable hydro-generated electricity and is among one of the world's lowest greenhouse gas emitters per tonne of copper metal produced. Ivanhoe Mines has pledged to achieve net-zero operational greenhouse gas emissions (Scope 1 and 2) at the Kamoa-Kakula Mining Complex.

Ivanhoe Mines is also exploring for new copper discoveries across its circa 2,400km2 of wholly-owned exploration licences in the Western Foreland, which are located adjacent to the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo.

Information contacts

Investors

Vancouver: Matthew Keevil +1.604.558.1034
London: Tommy Horton +44 7866 913 207

Media

Tanya Todd +1.604.331.9834
Website www.ivanhoemines.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/136492

News Provided by Newsfile via QuoteMedia

IVN:CA,IVPAF
The Conversation (0)
US$100 bills, text saying "tariffs."

US Tariff Fears Drive Copper Stockpile Rush

Traders are flooding American warehouses with refined copper to beat potential import tariffs, draining global inventories and pushing prices near all-time highs despite sufficient physical supply worldwide.On the New York Commodity Exchange, copper for September delivery surged to a record... Keep Reading...
A sack of US money.

EXIM Backs Ivanhoe Copper Mine with US$1.1 Billion Financing

Ivanhoe Electric (TSX:IE,NYSEAMERICAN:IE) has secured a US$1.1 billion preliminary debt financing package from the US Export-Import Bank (EXIM) to develop the Santa Cruz copper project in Arizona.The preliminary project letter, announced on Monday (August 24) increases the federal agency's... Keep Reading...
Nine Mile Metals DDH WD-26-07 Intersects  High Grade VMS Zones Including 24m of 2.77% Cu-Eq and 9.2m of 4.14% Cu-Eq

Nine Mile Metals DDH WD-26-07 Intersects High Grade VMS Zones Including 24m of 2.77% Cu-Eq and 9.2m of 4.14% Cu-Eq

Also Including: 4.19% Cu-Eq over 8.30 m, 15.50m of 1.80% Zn, 24m of 1.88% Cu, 5.3m of 51.30 g/t Ag Nine Mile Metals Ltd. (CSE: NINE,OTC:VMSXF) (OTCID: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile") is pleased to announce assay results for DDH WD-26-07, at the Wedge Mine in the Bathurst Mining... Keep Reading...
Azzuro Resources

Maiden Exploration Targets Define District Scale Copper Potential at Oval and Red Hill

Azzuro Resources PLC (“Azzuro” or the “Company”) (ASX: AZ9) is pleased to announce maiden JORC (2012) Exploration Target estimates at both its 100%-owned Oval Cu-Ni-PGE and the Red Hill (Maikhan Uul) Cu-Au-VMS projects, the Company’s two flagship assets located in southwest Mongolia. HIGHLIGHTS:... Keep Reading...
Colorful mineral rocks with "5 Top Canadian Mining Stocks This Week" text.

Top 5 Canadian Mining Stocks This Week: Torr Metals Gains 53 Percent

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian news impacting the resource sector.Statistics Canada released its July consumer price index (CPI) data on Monday (August 17). The... Keep Reading...

Interactive Chart

Latest Press Releases

Related News