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Category: Exploration

Extinction Rebellion movement calls for no oil exploitation in Virunga National Park in DRC 1 Oil & Gas Environment Social Governance (ESG) Exploration 

Extinction Rebellion movement calls for no oil exploitation in Virunga National Park in DRC

arnbethnic
The Extinction Rebellion climate movement, section of the territory of Rutshuru (North Kivu), asks the local population of the Virunga National Park to stand up as one man to say no to any oil exploitation and or exploration project . This call is part of the Fossil Free Virunga campaign initiated by the climate movement 350.Org  “Our commitment in the Fossil Free Virunga campaign is to awaken the conscience of local communities so that they understand that there is an urgency to stand up and say no to any oil exploitation… Read More Here
Arc Minerals starts diamond drill programme in Zambia 2 Mining in Zambia Exploration New Mining Projects 

Arc Minerals starts diamond drill programme in Zambia

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Junior explorer Arc Minerals has started a diamond drill programme on its majority-controlled licences in north-western Zambia. Diamond drilling activities are under way at the Fwiji target area following further technical work and analysis from last year’s exploration drilling campaign. The programme will initially centre on a linear feature of about 2 km to the south of last year’s drilling at Fwiji, where a coincident magnetic and soil anomaly has been identified. This year’s programme will also focus on the Cheyeza and Muswema target areas where the drill target locations are to be finessed upon the completion of… Read More Here
Caledonia acquires option over exploration prospect in Zimbabwe 3 Exploration 

Caledonia acquires option over exploration prospect in Zimbabwe

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Caledonia Mining has announced that it has entered into an option agreement which gives it the exclusive right to explore and subsequently, if exploration is successful and at its sole discretion, acquire the mining claims over the area known as Glen Hume, a property situated in the Gweru mining district in the Zimbabwe Midlands that has historically produced significant quantities of gold. Caledonia believes that Glen Hume offers significant exploration potential. The agreement covers an area of approximately 350 ha with substantial evidence of gold mineralisation including historical mining activity.… Read More Here
Rio Copper Exploration Mining in Zambia New Mining Projects 

Rio completes initial work at Zambia copper project

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Rio Tinto has completed the initial work program on Midnight Sun Mining’s (TSXV: MMA) Solwezi licences in Zambia, part of an earn-in and joint venture agreement the companies signed in April 2020. After incurring project expenditures in excess of $3 million during the initial work phase, Rio will now proceed to the next stage of the agreement. This would allow the company to earn a 51% interest in the Solwezi licences by spending a further $16 million on the project within four years, as well as by making cash payments to Midnight Sun. During… Read More Here
Barrick to spend $8million in Tanzania explorations 4 Gold Exploration 

Barrick to spend $8million in Tanzania explorations

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The Toronto-based mining company Barrick Gold, which operates three mines in the African country through Twiga Minerals, has announced that it will invest $8 million on exploration in Tanzania this year. The company also revealed that it has been granted 10 new exploration licenses in Tanzania, where it was until recently locked in a long-dragged out conflict over taxes and mine ownership for almost three years. Twiga Minerals was born last year after Barrick and Tanzania reached an agreement that made the gold giant pay $300 million to settle outstanding… Read More Here
Clariant Mining Solutions finds a safer and more efficient solution to Xanthates 5 Exploration 

Clariant Mining Solutions finds a safer and more efficient solution to Xanthates

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Africa is home to many natural resources which makes it essential that we mine and process these effectively. Due to the hazardous classification of xanthate collectors and difficulties with storage, handling and disposal, mining companies have been facing increasingly difficult xanthate logistics challenges. Clariant technician in the lab operating equipment used in flotation for extraction of minerals Clariant technician in the lab operating equipment used in flotation for extraction of minerals. Clariant, an innovative speciality chemicals company is responding to these challenges by rolling out speciality solutions in copper, platinum… Read More Here
Ivanhoe and China’s CNMC are set to examine exploration opportunities in Africa 6 Mining in DRC Exploration International 

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

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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

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
Goviex Uranium Mining in Zambia Exploration New Mining Projects Uranium 

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

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
Alrosa Diamonds Diamond Exploration 

Russia’s Alrosa kicks off diamond exploration in Zimbabwe

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

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