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)
M. Stephen Enders, mine site.

M. Stephen Enders: Copper Crunch? Where the Next Mines Will Come From

M. Stephen Enders, executive chairman at Brooks & Nelson, shares his thoughts on the state of the exploration sector and why he thinks demand for metals is likely to stay strong. He also outlines his due diligence process for junior miners and mentions commodities he's bullish on now, including... Keep Reading...
Joe Mazumdar, open-pit mine.

Joe Mazumdar: Copper Stock Sweet Spots I'm Watching Now

Joe Mazumdar, editor of Exploration Insights, shares his resource sector outlook, honing in on copper as one of his current areas of focus. He acknowledged that asset scale is important, but encouraged investors to look at intermediate companies focused on smaller deposits — in his view, they... Keep Reading...
Craig Parry.

Craig Parry: The World Needs More Copper, but New Mines Aren't Coming Fast Enough

Copper has become one of the world's most closely watched commodities as governments race to secure the raw materials needed for electrification, artificial intelligence (AI) and energy infrastructure.Speaking to the Investing News Network at the Rule Symposium, Craig Parry, CEO and chair of... Keep Reading...
Argentine flag waves on a white pole against a clear blue sky.

First Quantum Explores Stake Sale in Argentine Copper Mine

First Quantum Minerals (TSX:FM,OTCPL:FQVLF) has opened talks to sell a minority stake in its colossal Taca Taca copper project in Argentina.The miner is reportedly running a formal sales process for the Salta province asset. Potential bidders include Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO),... Keep Reading...
Nine Mile Metals Announces Completion of DDH WD-26-03, and Confirms Continued Mineralization at the Wedge Deposit

Nine Mile Metals Announces Completion of DDH WD-26-03, and Confirms Continued Mineralization at the Wedge Deposit

Nine Mile Metals LTD. (CSE: NINE,OTC:VMSXF) (OTCID: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile"), is pleased to announce that DDH WD-26-03 has been completed, logged, measured and zones of mineralization have been identified.DDH WD-26-03 was successful, intersecting pyrite and chalcopyrite... Keep Reading...

Interactive Chart

Latest Press Releases

Related News