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Ivanhoe reports fatality

Ivanhoe Mines reported late yesterday a fatal accident had occurred earlier on Sunday at the Kamoa-Kakula copper project in the Democratic Republic of Congo.
Ivanhoe reports fatality Ivanhoe reports fatality Ivanhoe reports fatality Ivanhoe reports fatality Ivanhoe reports fatality

Ore being trucked to surface at Ivanhoe’s Kakula copper development JV in the DRC

Staff reporter

"The preliminary information indicates that the accident occurred underground at the Kakula north workings when a contractor's employee collided with the side wall of an access drive while attempting to move a drilling rig," Ivanhoe said.

The company said Kamoa-Kakula's senior management team was working with DRC authorities to facilitate their investigation of the accident.

It's the third fatality reported at the giant copper development project.

The first fatality involved a civil contractor at a surface cement batching plant in September, then a contractor's employee died in February due to complications following a workplace accident in January. 

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

Zijin had separately said last week a Chinese national was killed during an attack on a camp at its Carrilu cement and limestone mine in the DRC, with the incident not affecting Kamoa-Kakula, Reuters had reported.

Ivanhoe shares had hit a one-year high of C$5.25 on Thursday.

They finished the week at $5.15, capitalising it at $6.2 billion (US$4.7 billion).