Barrick Explores New Frontiers in Latin America and Asia Pacific 1 International Exploration Gold 

Barrick Explores New Frontiers in Latin America and Asia Pacific

Barrick, a leading mining company, is forging ahead with its exploration efforts across Latin America and the Asia Pacific region, aiming to uncover new mineral deposits and sustain its operations in existing ones. With a strategic focus on early-stage exploration and new frontier opportunities, Barrick is also dedicating resources to brownfields work, ensuring the longevity of its key assets like Veladero and Pueblo Viejo. In the Dominican Republic, exploration activities around the Pueblo Viejo mine have yielded promising results. Drilling at the Pueblo Grande target has unveiled lithologies and alteration… Read More Here
African Pioneer Provides Exploration Update on Zambia Licences 2 Mining in Zambia Exploration 

African Pioneer Provides Exploration Update on Zambia Licences

Exploration and development firm African Pioneer has released an update on exploration activities funded by First Quantum Minerals (FQM) in Zambia. The six-month period ending December 31 saw drilling activities confirming proof of concept for Congo-style mineralization in the licensed areas. The licences, situated within the fold and thrust belt and Western Foreland, are subject to an option agreement between African Pioneer and FQM, held by African Pioneer Zambia, an 80%-owned subsidiary. FQM exercised its option over all four licences owned by African Pioneer Zambia, leading to the completion of… Read More Here
Koryx Copper Raises N$21 Million for Exploration Projects in Namibia and Zambia 3 Mining in Zambia Exploration New Mining Projects 

Koryx Copper Raises N$21 Million for Exploration Projects in Namibia and Zambia

Koryx Copper Inc. has successfully raised N$21 million (C$1.505.250) through a private placement to fund further exploration projects in Namibia and Zambia, as well as for general working capital. The company offered 23,157,692 units at C$0.065 per unit, with each unit comprising one common share and one common share purchase warrant. Each warrant allows the holder to purchase one common share at an exercise price of $0.10 within thirty-six (36) months from the closing date of the private placement. All securities issued are subject to a mandatory four-month and one-day… Read More Here
Zambian Chief Urges Govt Action on Mineral Exploration 4 Mining in Zambia Exploration 

Zambian Chief Urges Govt Action on Mineral Exploration

Chief NDAKE of Nyimba District has urged the government to accelerate mineral exploration efforts across the country, emphasizing the importance of understanding the nation’s mineral resources. Highlighting the abundance of mineral deposits in areas like Eastern Province, Chief NDAKE emphasized the need for these resources to be tapped into for development. His remarks were made during the launch of a Mining Study by Caritas Chipata, aimed at enhancing transparency and accountability in mining activities within Lusangazi and Nyimba Districts. And John Zulu, the Programmes Officer of Caritas Chipata Governance Unit,… Read More Here
Ivanhoe Electric to Implement Advanced Software at Tintic Copper-Gold-Silver Project 5 Technology & Innovation Copper Exploration Gold International Mining technology Press Release 

Ivanhoe Electric to Implement Advanced Software at Tintic Copper-Gold-Silver Project

Ivanhoe Electric Announces Application of Latest Computational Geosciences Inc. Software at Tintic Copper-Gold-Silver Project in Utah Recent Advancements in CGI’s Machine Learning-based Software Improve Quality and Speed of Typhoon™ Data Processing Updated Interpretation of Typhoon™ Survey Data at Tintic Resulted in Refined Drill Targets Ivanhoe Electric and CGI Are Utilizing the Latest Software in Recent U.S. Surveys and in the Company’s Saudi Arabian Exploration Joint Venture with Ma’aden PHOENIX, ARIZONA – Ivanhoe Electric Inc. (“Ivanhoe Electric”) (NYSE American: IE; TSX: IE) and its subsidiary, Computational Geosciences Inc. (“CGI”), are pleased to… Read More Here
KoBold Metals Leads the Charge in Mineral Exploration for Energy Transition 6 Mining in Zambia Battery Metals Cobalt Copper Exploration Lithium 

KoBold Metals Leads the Charge in Mineral Exploration for Energy Transition

KoBold Metals, a pioneering mining startup with backing from industry giants like Bill Gates and Jeff Bezos, is optimistic about its prospects in uncovering crucial metals vital for the energy transition. The company’s enthusiasm surged following its recent breakthrough discovery of a substantial copper deposit in Zambia. According to Josh Goldman, KoBold Metals’ president, this find marks a significant milestone, especially amid the mining industry’s struggle to meet the growing demand for metals essential to the energy transition. Utilizing artificial intelligence to create a “treasure map,” KoBold Metals focuses on… Read More Here
Midnight Sun Partners with KoBold Metals to Explore Dumbwa Target in Zambia 7 Mining in Zambia Exploration New Mining Projects 

Midnight Sun Partners with KoBold Metals to Explore Dumbwa Target in Zambia

Midnight Sun Mining Corp. (TSX-V: MMA / OTCQB: MDNGF) has announced the signing of an earn-in agreement with KoBold Metals Company, marking a significant milestone in the exploration of the Dumbwa Target within the Solwezi Project in Zambia. KoBold Metals Company, renowned for its innovative approach to battery metal exploration, will undertake exploration activities on Dumbwa. Backed by investors such as Breakthrough Energy Ventures and Andreessen Horowitz, KoBold aims to leverage its advanced technology to accelerate the discovery of critical minerals. Under the agreement, KoBold can earn a 75% interest… Read More Here
Anglo American Advances Exploration in Zambia and Expands Renewable Energy Portfolio 8 Mining in Zambia Energy Exploration 

Anglo American Advances Exploration in Zambia and Expands Renewable Energy Portfolio

Anglo American, a leading mining company, is making significant strides in early-stage exploration in Zambia’s Northwestern Province to uncover potential copper and cobalt reserves. This move, announced by Anglo American CEO Duncan Wanblad in Cape Town, signifies the company’s commitment to fostering a more resilient mining industry in southern Africa. “Wanblad expressed optimism about Zambia’s mining sector, highlighting its potential for renewed activity, which bodes well for both Zambia and African mining as a whole,” stated the CEO. “Despite being in the early stages, we are determined to make a… Read More Here
Zambia's Mines Ministry Plans Extensive Geological Mapping for Mineral Assessment 9 Mining in Zambia Exploration 

Zambia’s Mines Ministry Plans Extensive Geological Mapping for Mineral Assessment

Permanent Secretary of Zambia’s Ministry of Mines and Minerals Development Hapenga Kabeta, recently disclosed plans to commence geological mapping across the country to determine its mineralization. In an interview, Dr. Kabeta outlined the division of the nation into four zones, marking the preparation for this extensive exercise. “We have to find out what minerals are there in the country, where they are, and in what quantities. This year we are starting the exercise of mapping the country, and we have divided it into four zones. I’m confident the exercise will… Read More Here
Rio Tinto Strengthens Mining Ties with Angola through Second Investment Contract 10 International Cobalt Copper Exploration 

Rio Tinto Strengthens Mining Ties with Angola through Second Investment Contract

On January 17, 2024, Rio Tinto, the prominent English-Australian mining company, formalized a significant mining investment contract with the Angolan Ministry of Mineral Resources, Oil, and Gas in Luanda. The lucrative $5.7 million USD deal encompasses a 35-year exploratory license for the Moxico Concession, spanning an extensive 9,987 square kilometers (3,856 square miles). Rio Tinto’s exploration efforts will focus on uncovering base metals, including copper, zinc, cobalt, and titanium, according to the company’s official statement. The contractual agreement initiates a dedicated five-year prospecting phase, with the potential for a two-year… Read More Here

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