Exploration - Copperbelt Katanga Mining

KoBold Metals Aims to Revolutionize Copper Mining in Zambia

September 25, 2023September 25, 2023 Constance

KoBold Metals, backed by a group of influential billionaires, including Bill Gates and Jeff Bezos, has unveiled ambitious plans to establish a copper-cobalt mine in Zambia within the next decade. The California-based company, which allocated $150 million to the Mingomba project earlier this year, intends to explore additional copper deposits at this site, hailed as the world’s highest-grade undeveloped copper resource. KoBold, boasting the world’s leading mining company, BHP, among its shareholders, anticipates completing further exploration at the property in the coming year. Mfikeyi Makayi, CEO of KoBold Metals, remarked,… Read More Here

Mining in DRC Angola Battery Metals Exploration Mining in Zambia Partnership

Japan Expands Critical Mineral Exploration Partnerships in Africa to Diversify Supply Chain

August 30, 2023August 30, 2023 Constance

In a strategic effort to reduce dependency on China for crucial minerals essential in high-tech industries, Japan has inked agreements with five African nations. The agreements were signed to facilitate the exploration and extraction of critical minerals like rare earths, cobalt, lithium, and nickel, aiding Japan’s drive to secure its supply chain. Minister of Economy, Trade and Industry Yasutoshi Nishimura, accompanied by Ichiro Takahara, Chairman and CEO of Japan’s state-owned Organization for Metals and Energy Security, embarked on a week-long journey to Namibia, the Democratic Republic of the Congo (DRC),… Read More Here

Copper Exploration Mining in Zambia New Mining Projects

Xtract to earn-in on two copper licenses in Zambia

August 25, 2023August 25, 2023 Constance

London-listed Xtract Resources has entered into a joint venture (JV) agreement with Cooperlemon Consultancy to explore for copper on two large-scale licences in the northwest of Zambia. The two exploration licences are located within the Western Foreland geological district that hosts the prolific Kamoa-Kakula deposit and the Central Fold, as well as the Thrust Belt, which all have acute competition for exploration licences. The two licences in question cover a combined 107 000 ha and are believed to contain high-grade Kamoa-style mineralisation at depth and lower grade bulk tonnage closer to surface. Chairperson Colin Bird states that there may also be Kolwezi-style… Read More Here

Gold Exploration Mining in Zambia

JEM Makes Groundbreaking Gold Discovery in Mwinilunga, Zambia

July 28, 2023July 30, 2023 Constance

JEM, a Zambian emerging mining company, has proudly unveiled a groundbreaking achievement in one of their smaller mineral exploration projects in the rich region of Mwinilunga, North Western Zambia. After meticulous efforts and unwavering dedication, JEM’s team of skilled geologists and experts successfully completed the geological interpretation of the site. The result of their latest Drilling Campaign has been extraordinary – a significant inferred resource of 205,000 ounces of precious gold has been discovered. Moreover, there are promising signs of a valuable Cu & Co body in the vicinity. Despite… Read More Here

Mining in Zambia Copper Economy Exploration

Zambia’s Copper Sector Poised for Growth with Increased Exploration Investment

July 18, 2023July 18, 2023 Constance

Zambia, a landlocked nation in Southern Africa, is renowned for its significant copper production. Ranking 7th globally and 2nd in Africa after the Democratic Republic of Congo, Zambia’s mining sector has immense potential for growth. Recent changes in the mining industry, particularly increased investment in exploration, are expected to propel Zambia’s copper industry to higher global rankings. In this article, we explore the exciting prospects that lie ahead for Zambia and the role of exploration in unlocking its copper resources. Zambia’s abundant copper reserves have established it as a prominent… Read More Here

Gold Exploration International

Successful Exploration Continues to Extend Tongon’s Life of Mine

July 7, 2023July 7, 2023 Constance

Originally scheduled for closure in 2020, the life of Barrick’s Tongon gold mine continues to be extended through successful exploration campaigns. Speaking at a media briefing on Wednesday July 5th general manager Hilaire Diarra said that since Tongon poured its first gold in 2010, the mine has contributed $2.2 billion to the Ivorian economy in the form of taxes, infrastructure development, salaries and payments to local suppliers. “Extending its life will help ensure that Tongon is still able to share the value it creates with all its Ivorian stakeholders continuing… Read More Here

Mining in Zambia Copper Exploration Technology & Innovation

KoBold Metals’ Strategic Investment in Zambia Paves the Way for Sustainable Critical-Mineral Supply Chains

July 7, 2023July 7, 2023 Constance

In a significant move towards building transparent, secure, and sustainable critical-mineral supply chains, KoBold Metals has emerged as a key player in catalyzing investments in strategic projects. The United States Ambassador to Zambia, His Excellency Michael Gonzales, commended KoBold’s efforts and emphasized the pivotal role such initiatives play in driving the energy transition and fostering a sustainable, climate-smart economy for the 21st century. With a commitment to leveraging the world’s best artificial intelligence and human intelligence, KoBold President Josh Goldman expressed enthusiasm about the company’s ability to accelerate progress in… Read More Here

Copper Exploration Mining in Zambia New Mining Projects

BEMETALS commences 2023 Copper Exploration program in Zambia

June 30, 2023June 30, 2023 Constance

The “Company” or “BeMetals” is pleased to announce commencement of its 2023 exploration program at the Pangeni Copper Project (“Pangeni” or the “Project”) in the Zambian Copperbelt. Results from core and aircore drilling during the previous program have been integrated into our geological interpretations to generate new and refined existing targets for testing this year. This year’s planned US$2 million exploration program will be pro rata funded by both BeMetals and the Japan Organization for Metals and Energy Security (“JOGMEC”). Highlights of recent PANGENI COPPER PROJECT CORE DRILLING RESULTS: G-Target:… Read More Here

Copper Exploration Gold International New Mining Projects

First stone laid in Angola to commence the Tetelo Mine project

May 14, 2023May 14, 2023 Constance

Angola’s Minister of Mineral Resources, Oil and Gas, Diamantino Pedro Azevedo, officially laid the first stone for the construction of the Tetelo mine, for copper and gold exploration, in the town of Mavoio, municipality of Maquela do Zombo, in Uíge province on Thursday. The mine will be constructed in an area of 4 square kilometers over a period of 27 months, with a total cost of 205 million US dollars to the State. The first phase of production is expected to begin by the end of next year, with an… Read More Here

Mining in Zambia Copper Exploration

Northwest Zambia’s Domes region highly prospective for Copper mining

April 6, 2023April 6, 2023 Constance

According to Nick von Schirnding, Executive Chairman of junior explorer Arc Minerals, the Domes region in northwest Zambia is highly prospective for copper mining, making it one of the most promising areas in the world for the commodity. The region is attracting attention from several mining majors due to the fact that First Quantum Minerals’ Sentinel mine produced 816,435 tonnes of copper in 2021, making it Africa’s biggest copper mine. Arc Minerals has an area of 870 km² of land in the Domes region, where it is exploring for copper.… Read More Here