Exploration - Copperbelt Katanga Mining

Ivanhoe and China’s CNMC are set to examine exploration opportunities in Africa 1

Canadian mining company Ivanhoe Mines has signed an agreement with China Nonferrous Metal Mining (CNMC), to jointly explore, develop or acquire mining projects in Africa. The strategic partnership would also see the two companies being active in the Democratic Republic of Congo (DRC), exploring production, smelting, and logistics opportunities. Ivanhoe Mines co-chairmen Robert Friedland said: “Our long-standing relationship with CNMC goes back decades to when Wu Jianchang was the general manager of China National Nonferrous Metals Industry Corporation − a pioneer industrial group specialising in the mining and metallurgy sector.… Read More Here

Kitumba Copper Project Expresion of interest 23

Copper Exploration Mining in Zambia New Mining Projects

Expression of Interest (EOI) to carry out Feasibility studies & Independent review of Kitumba Copper Project | Zambia

August 12, 2020August 12, 2020 arnbethnic

Request for Expression of Interest (EOI) for the Consultancy services to carry out Feasibility studies – Independent review of Kitumba Copper Project in Mumbwa, on behalf of ZCCM-IH. ZCCM Investments Holdings Plc. (ZCCM-IH) is an investment holding company with diversified interests in mining, energy, banking, property and other sectors of the Zambian economy. The company has a primary listing under ISIN number ZM0000000037on the Lusaka Stock Exchange, and secondary listings on London Stock Exchange and Euronext Stock Exchange in Paris. The Zambian Government (GRZ) directly holds 17.25% of the shares… Read More Here

Mining in Zambia Exploration New Mining Projects Uranium

GoviEx Uranium completes C$5m private placement to fund exploration in Zambia, Niger and Mali

August 9, 2020August 10, 2020 arnbethnic

TSX-V-listed GoviEx Uranium has closed the last tranche of a nonbrokered private placement offering of over 35.7-million units for gross proceeds of about C$5-million. The net proceeds from the private placement will be used to fund continued exploration and development activities on three company projects, Madaouela, in north central Niger; Mutanga, in Zambia and Falea, in Mali, and for general working capital purposes. In connection with the last tranche of the private placement, the arm’s length finder, Red Cloud Securities, will receive a cash commission of C$15 540 to acquire… Read More Here

Diamond Exploration

Russia’s Alrosa kicks off diamond exploration in Zimbabwe

July 22, 2020July 22, 2020 arnbethnic

Russia’s Alrosa (MCX:ALRS), the world’s top diamond producer by output, has begun prospecting and preliminary exploration works for deposits in Zimbabwe through it’sjoint venture with the Zimbabwe Consolidated Diamond Company (ZCDC). The move is a welcome boost to the southern African nation’s attempts to expand diamond mining revenues. Zimbabwe first began allowing foreign companies to dig up precious stones in 2018, opening the door to private investors. Mines minister Winston Chitando said at the time that his office was considering letting foreigners hold majority stakes in local operations on the condition that… Read More Here