Ivanhoe Mines reports fatal accident at Platreef Project

On September 15, Ivanhoe Mines reported that a fatal accident has occurred in Shaft 1 at the Platreef palladium-platinum-nickel-copper-rhodium-gold mine development project on the Northern Limb of South Africa's Bushveld Complex.

Preliminary information indicates that the accident occurred as a result of a kibble bucket falling down Shaft 1 and striking the northern side of the working platform (stage), where four employees were conducting routine water-pumping activities. Two employees are confirmed deceased.Asian Metal Copyright Preliminary information indicates that the accident occurred as a result of a kibble bucket falling down Shaft 1 and striking the northern side of the working platform stage, where four employees were conducting routine water-pumping activities.Asian Metal Copyright One employee is currently missing.Asian Metal Copyright .Asian Metal Copyright A fourth employee was injured in the accident.

Development activities at Platreef have been suspended pending the investigation and will resume only once the safety at the site can be assured.

The Platreef Project is owned by Ivanplats (Pty) Ltd., which is 64%-owned by Ivanhoe Mines.

.Asian Metal Copyright Two employees are confirmed deceased.Asian Metal Copyright