Central African Gold is focusing on the acquisition, exploration and development of cobalt and copper mining properties in the DRC
Central African Gold is a Canadian natural resources company focused on the acquisition, exploration and development of cobalt and copper mining properties in the DRC. Its first major acquisition nonetheless relates to a gold project, a decision which can be justified by the price of the yellow metal for more than a year. The Zani-Kodo gold project in northeastern DRC will change hands… Read full article
Zambia’s government has been reviewing the mining tax framework
Zambia’s mines minister said on Wednesday that the government had been reviewing the mining tax framework with key stakeholders to design a regime that would be stable, predictable and competitive. “This will also attract both local and foreign investment in mining and ultimately scale up mineral production in the country,” Minister Paul Kabuswe said in the parliament of Africa’s second-largest… Read full article
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The Kibali gold mine, remains on track to achieve its production guidance
The Kibali gold mine, in the Democratic Republic of Congo, remains on track to achieve its production guidance for the full-year and grow its mineral reserves net of depletion, securing its future as a Tier 1 operation for at least another ten years, Barrick president and CE Mark Bristow has said. Speaking at a tour of the complex for government, community and media representatives, Bristow…Read full article
BeMetals Corp. is pleased to announce the results from a phase of some 4,350 metres of shallow aircore drilling
BeMetals Corp. is pleased to announce the results from a phase of some 4,350 metres of shallow aircore drilling recently completed at the Pangeni Copper Project (“Project” or the “Property”) in Zambia. This aircore program was designed to explore for extensions of copper mineralization discovered by the Company under thin Kalaharisand cover at several prospects, including the D Prospect, and to… Read Full Article
DRC working on ways to entice more investment into its mines
The Democratic Republic of Congo is working on ways to entice more investment into its mines as the green revolution boosts demand for metals used in sectors like rechargeable batteries. The world’s largest producer of cobalt and Africa’stop copper miner is looking to tap more of its deposits, develop downstream operations and formalize artisanal mines to eliminate abusive labor practices… Read full article
BHP in talks about buying into a copper mining project in the Democratic Republic of the Congo
BHP Group is in talks about buying into a copper project in the Democratic Republic of the Congo, marking a dramatic departure from the world’s biggest mining company’s policy of shunning risky jurisdictions. The Melbourne-based miner is in early discussions with billionaire Robert Friedland’s Ivanhoe Mines Ltd. to buy into Western Foreland, a huge exploration territory that neighbors Ivanhoe’s …Read full article