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On the ground with Kobold Metals at Mingomba in Zambia 1 Copper Equipment & Technology Exploration Mining in Zambia 

On the ground with Kobold Metals at Mingomba in Zambia

Since minerals exploration and development company KoBold Metals announced it was investing $150 million in developing a copper deposit in Zambia’s Copperbelt Province, the media has been abuzz about the role that “artificial intelligence” and “machine learning” played in discovering what is estimated to be a reserve containing 247 million tonnes of copper with an average grade of 3.6%.  Mining For Zambia sat down with the company’s co-founder and President, Josh Goldman, to get an update on the project and find out how this mystical technology works.   KoBold’s innovative approach to mineral… Read More Here
Ivanhoe exploration updates in DRC's Western Foreland licenses 2 Mining in DRC Corporate News Exploration New Mining Projects 

Ivanhoe exploration updates in DRC’s Western Foreland licenses

Ivanhoe’s DRC exploration group is targeting Kamoa-Kakula-style copper mineralization on its Western Foreland exploration licences. The 17 licences in the Western Foreland cover a combined area of approximately 2,407 square kilometres to the north, south and west of the Kamoa-Kakula Copper Complex. The exploration group is using models that successfully led to the discoveries of Kakula, Kakula West, and the Kamoa North Bonanza Zone on the Kamoa-Kakula mining licence. The group is composed of a mixture of the same exploration geologists responsible for these previous discoveries as well as others… Read More Here
Ivanhoe Mines activity updates on Kipushi Zinc Mine in the DRC 3 Mining in DRC New Mining Projects Zinc 

Ivanhoe Mines activity updates on Kipushi Zinc Mine in the DRC

The Kipushi zinc-copper-germanium-silver-lead mine in the DRC is adjacent to the town of Kipushi, approximately 30 kilometres southwest of Lubumbashi on the Central African Copper Belt. Kipushi is approximately 250 kilometres southeast of the Kamoa-Kakula Copper Complex and less than one kilometre from the Zambian border. Ivanhoe acquired its 68% interest in the Kipushi Project in November 2011, through Kipushi Holding which is 100%-owned by Ivanhoe Mines. The balance of 32% in the Kipushi Project is held by the state-owned mining company, Gécamines. In Q1 2022, Kipushi Holding and Gécamines… Read More Here
Ivanhoe Mines' Updates on their Platreef Project in South Africa 4 New Mining Projects International 

Ivanhoe Mines’ Updates on their Platreef Project in South Africa

The Platreef Project is owned by Ivanplats (Pty) Ltd (Ivanplats), which is 64%-owned by Ivanhoe Mines. A 26% interest is held by Ivanplats’ historically disadvantaged, broad-based, black economic empowerment (B-BBEE) partners, which include 20 local host communities with approximately 150,000 people, project employees and local entrepreneurs. A Japanese consortium of ITOCHU Corporation, Japan Oil, Gas and Metals National Corporation, and Japan Gas Corporation, owns a 10% interest in Ivanplats, which it acquired in two tranches for a total investment of $290 million. The Platreef Project hosts an underground deposit of… Read More Here
The Kinshasa-Gombe Peace court in DRC Postpones the Ventora-CNPAV trial to July 3 5 Mining in DRC 

The Kinshasa-Gombe Peace court in DRC Postpones the Ventora-CNPAV trial to July 3

The trial of the case between the Israeli businessman Dan Getler to the spokesman of the synergy “Congo is not for sale” (CNPAV) Jean-Claude Mputu and his employer Resource Matters, has opened, this Monday, March 20, 2023 at the Kinshasa / Gombe Peace Court. These facts date back to an interview given to the Congolese press from Belgium. Jean Claude Mputu as spokesperson for the CNPAV coalition had accused Dan Gertler of having already received more than $60 million in royalties since the signing of the agreement signed in February 2022… Read More Here
DRC's National Assembly to Scrutinize Chinese Contract under Parliamentary Control 6 Mining in DRC Contracts & tenders 

DRC’s National Assembly to Scrutinize Chinese Contract under Parliamentary Control

After President Félix Tshisekedi’s wish to revisit the Chinese contract in order to rebalance the advantages between the different parties, the National Assembly will also examine contracts signed between the Democratic Republic of Congo and third parties, including the Chinese contract.  The announcement was made during the plenary session on Tuesday March 21, 2023 by the President of the National Assembly, Christophe Mboso. “It should be remembered that during this session, contracts signed between the Congolese State and certain partners will be subject to parliamentary control such as the Chinese… Read More Here
Fortescue Future Industries to produce Green Hydrogen in DRC 7 Green Energy Mining in DRC 

Fortescue Future Industries to produce Green Hydrogen in DRC

Renowned as a champion of green hydrogen on an international scale, the Australian firm Fortescue Future Industries (FFI) is ready to embark on the production of carbon-free green hydrogen from 100% renewable sources in the Democratic Republic of Congo. (DRC).  This was stated by Andrew Forest, Chairman of FFI, to the Congolese Prime Minister, Jean-Michel Sama Lukonde, during a hearing on Friday March 17, 2022. According to FFI leaders, this is a practical and achievable solution to decarbonize heavy industry and create jobs in the Democratic Republic of Congo (DRC).… Read More Here
Tshela to Become a Center for Trading Precious Materials in Kongo Central 8 Mining in DRC Artisanal mining Precious Metals 

Tshela to Become a Center for Trading Precious Materials in Kongo Central

The province of Kongo Central is committed to reviving its mining industry. This is evidenced by the adoption by the Provincial Council of Ministers, on March 15, 2023, of the project to create a trading center for precious materials in the city of Tshela. This decision is part of the implementation of the provincial strategic plan for the revival of the mining industry. Note that the purpose of the new trading center is to meet several needs. This includes cleaning up the trade sector for artisanal mining minerals.  It is also a… Read More Here
Cobalt Mining in DRC 

Dan Gertler Denies Allegations by ‘The Congo is not for sale’ platform

Faced with the recent allegations of the platform “The Congo is not for sale” (CNPAV), the Israeli businessman Dan Gertler reserves a categorical response. In a letter addressed to the various organizations that have adhered to CNPAV’s position, Dan Gertler rejects the allegations put forward by this structure of Congolese civil society. Below is the full letter sent by the Israeli billionaire to the various NGOs involved in the CNPAV platform. Thank you for your letter of March 15, 2023, in response to the letter I sent to you (and… Read More Here
China discovers huge Gold Deposit worth $3 billion 9 International Gold 

China discovers huge Gold Deposit worth $3 billion

China has recently discovered a huge gold deposit with a reserve of nearly 50 tonnes, which can be sold for around $3 billion at the current market price. The deposit is located in rural Rushan City in eastern China’s Shandong Province, according to the province’s mineral resource authority. “The deposit covers a large area,” said the Shandong Provincial Bureau of Geology and Mineral Resources. “The ores are easy to mine and dress.” Shandong Province is rich in gold resources, with a larger production than any other provincial area across China… Read More Here

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