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Jubilee Metals Ramps Up High-Grade Copper Processing at Roan Facility 1 Mining in Zambia Copper New Mining Projects 

Jubilee Metals Ramps Up High-Grade Copper Processing at Roan Facility

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Jubilee Metals Group (LON: JLP) has begun processing high-grade copper feed material at its Roan concentrator in Zambia, marking a key milestone in its operational strategy. The facility had previously relied on low-grade waste material for copper production. This development follows Jubilee’s recent agreement to secure an initial 200,000 tonnes of material with a copper content of approximately 1.6%—more than double the 0.7% grade of previously processed material at Roan. Payment for this high-grade material will be made through Jubilee’s Zambian operations, along with the issuance of $2.7 million worth… Read More Here
Shuka Minerals Advances Kabwe Zinc Mine Acquisition and Redevelopment 2 Mining in Zambia Corporate News Mergers & Acquisitions New Mining Projects Zinc 

Shuka Minerals Advances Kabwe Zinc Mine Acquisition and Redevelopment

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AIM-listed Shuka Minerals is making significant progress toward acquiring and redeveloping the Kabwe zinc mine in Zambia, with a newly appointed board overseeing the process. In a corporate and operational update on February 14, CEO Richard Lloyd reaffirmed the company’s commitment to unlocking Kabwe’s full potential. He noted strong support from potential funders, with various financing options under consideration. However, he emphasized the need for well-structured budgeting and timelines to ensure the project’s success. Shuka’s planned acquisition of Zambian mining and exploration company Leopard Exploration and Mining (LEM) follows a… Read More Here
Andrada Mining Secures $2.5M Loan to Boost Tin Production at Uis Mine 3 International Tin 

Andrada Mining Secures $2.5M Loan to Boost Tin Production at Uis Mine

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Andrada Mining, a tin producer with a portfolio of critical raw materials projects in Namibia, has secured a $2.5 million loan from LC Abelheim, acting as a trustee of the Orange Trust—Andrada’s largest shareholder. The funding will support the construction of a second 100 t/h tin processing jig plant at the company’s flagship Uis mine. This facility will include a three-stage primary crushing and screening circuit, a jigging section, and shaking tables, enabling the processing of a wider range of tin ore grades. To fast-track its tin expansion strategy, Andrada’s… Read More Here
Glencore Rejects Unsolicited Bid for DRC Operations 4 Mining in DRC Cobalt Copper Corporate News 

Glencore Rejects Unsolicited Bid for DRC Operations

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Miner and commodity trader Glencore has confirmed that it rejected an unsolicited offer for its operations in the Democratic Republic of Congo (DRC) at the end of last year. “Glencore has not engaged any banks or advisors and is not running a sale process for its operations in the DRC,” a company spokesperson stated in an email. Earlier, the Financial Times reported that Glencore had considered selling part or all of its Congolese assets and had engaged in preliminary discussions with a potential buyer from the Middle East regarding its… Read More Here
Minister of Transport Highlights Lobito Corridor’s Role in Zambia’s EV Hub Growth 5 Mining in Zambia Transport and Logistics 

Minister of Transport Highlights Lobito Corridor’s Role in Zambia’s EV Hub Growth

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Zambia’s Minister of Transport and Logistics, Hon. Frank Tayali, has underscored the Lobito Corridor Project as a transformative initiative that will position Zambia as a leading hub for electric vehicle (EV) battery production and assembly. Speaking at the Lobito Corridor Stakeholder Discussion during the recent Mining Indaba in South Africa, Hon. Tayali reaffirmed the government’s commitment to leveraging the project’s benefits through regulatory reforms in the EV industry. The Lobito Corridor is a vital trade route connecting Angola’s Port of Lobito to the mineral-rich regions of the Democratic Republic of… Read More Here
Ivanhoe Mines Commences Exploration for Sediment-hosted Copper in Central Kazakhstan 6 Press Release Corporate News Exploration International New Mining Projects 

Ivanhoe Mines Commences Exploration for Sediment-hosted Copper in Central Kazakhstan

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Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President Marna Cloete announced yesterday that an Exploration Joint Venture has been formed to explore the Chu-Sarysu Copper Basin in Kazakhstan, the world’s third-largest sediment-hosted copper district. The Joint Venture, with UK-based private company Pallas Resources, covers a highly prospective licence package of up to 16,000 km2, which spans an accumulated dataset of Soviet-era exploration data. For comparison, the licence package is approximately 7.5 times the size of Ivanhoe’s Western Forelands Exploration Project. Ivanhoe has committed to fund $18.7… Read More Here
FQM’s Kansanshi S3 Expansion to Strengthen Growth and Financial Resilience 7 Mining in Zambia Copper Corporate News New Mining Projects 

FQM’s Kansanshi S3 Expansion to Strengthen Growth and Financial Resilience

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First Quantum Minerals’ Kansanshi S3 Expansion project in Zambia marks a pivotal moment for the Canadian mining company, enhancing its financial resilience and driving future growth, CEO Tristan Pascall has stated. Reporting on the company’s fourth-quarter results, Pascall confirmed that the expansion remains on track for completion by mid-2025, with significant progress in construction and commissioning. By the end of 2024, construction of the process plant had reached 62% completion, with early commissioning already underway. System configuration for the plant’s control system was 80% complete, focusing on cleaner and reagent… Read More Here
President Tshisekedi Attends Munich Security Conference Amid Regional Tensions 8 Mining in DRC Governance 

President Tshisekedi Attends Munich Security Conference Amid Regional Tensions

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President Félix-Antoine Tshisekedi Tshilombo of the Democratic Republic of Congo (DRC) arrived in Germany on Thursday, February 13, 2025, to participate in the 61st Munich Security Conference (MSC), running from February 14 to 16, 2025. He is accompanied by First Lady Denise Nyakeru Tshisekedi. The conference brings together heads of state, ministers, and leaders of international organizations to discuss key geopolitical and strategic challenges. This year’s agenda will focus on the security and humanitarian crisis in eastern DRC, following the offensive by the Rwandan army and M23 rebels on Goma.… Read More Here
Silver Prices Rise in the DRC Amid Growing Global Demand 9 Mining in DRC Economy News in Brief Silver Ore 

Silver Prices Rise in the DRC Amid Growing Global Demand

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The price of silver, a key export mineral for the Democratic Republic of Congo (DRC), rose by 3.03% between February 10 and 15, 2025, reaching USD 1.02 per gram, up from USD 0.99 the previous week, according to the Ministry of Foreign Trade. The increase reflects growing industrial demand, particularly in green technologies and electronics, where silver plays a crucial role. Additionally, global economic uncertainties and currency fluctuations have reinforced silver’s status as a safe-haven asset. As Africa’s leading silver producer, the DRC stands to benefit from higher prices through… Read More Here
Loulo-Gounkoto Overtakes Kibali as Africa’s Top Gold Mine in 2024 10 Mining in DRC Corporate News Gold 

Loulo-Gounkoto Overtakes Kibali as Africa’s Top Gold Mine in 2024

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With a production of 723,000 ounces of gold in 2024—an increase of approximately 6% from the previous year—Mali’s Loulo-Gounkoto mining complex has become Africa’s largest gold-producing mine. It surpassed the Kibali mine in the Democratic Republic of Congo (DRC), which reported a 10% decline in output to 686,000 ounces. The statistics, released on February 12, 2025, by Barrick, highlight a major shift in gold production rankings on the continent. For years, Kibali consistently outproduced Loulo-Gounkoto, but the gap has gradually narrowed. By 2024, the roles reversed, with Kibali struggling to… Read More Here

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