Category: Mining in DRC

Ivanhoe Mines Marks Major Platreef Milestones as Shaft #3 Completion and Phase 2 Expansion Drive Production Growth in South Africa Canadian mining company Ivanhoe Mines has announced the completion of three significant development milestones at its Platreef Mine project in Limpopo, South Africa, marking important progress toward the mine’s Phase 2 and future Phase 3 expansions. The milestones include: Company officials stated that these developments represent a major step forward in scaling production capacity and preparing the operation for long-term growth. Expanded Hoisting Capacity Strengthens Production Flexibility The completion of… Read More Here

Virtus Minerals’ Congo Mining Credentials Questioned After $30M Chemaf Deal in US–DRC Critical Minerals Partnership A U.S. company at the center of Washington’s strategy to secure critical minerals from the Democratic Republic of Congo (DRC) has come under scrutiny after questions emerged about the accuracy of its mining credentials. Virtus Minerals, which acquired Chemaf’s mining assets in March for approximately $30 million from the company’s shareholders, had previously indicated that it possessed operational experience in the DRC through involvement in a copper and cobalt processing facility. However, records and industry… Read More Here