Mining Projects - Copperbelt Katanga Mining

Invictus Energy Signs MoU to Power Zimbabwe’s Eureka Gold Mine

April 26, 2024April 26, 2024 Constance0 comment

Independent upstream oil and gas company Invictus Energy signed a Memorandum of Understanding (MoU) with energy firm Himoinsa Southern Africa Proprietary Limited and mining company Dallaglio Investments Pvt Ltd. for the development of a gas-to-power project to supply electricity to Eureka Gold Mine in Zimbabwe. Invictus Energy will provide feedstock from its Cabora Bassa Project to fuel the proposed 12MW gas-to-power plant, which will be constructed by Himoinsa. Electricity generated from the plant will be transmitted via the national grid to power operations at Dallaglio Investments’ Eureka Mine, located 50km away… Read More Here

International Mining Projects

Sibanye-Stillwater provides updates on its SA PGM operations

April 22, 2024April 22, 2024 Constance0 comment

Multinational mining and metals processing group Sibanye-Stillwater updates its stakeholders on the repairs at its Siphumelele shaft at its Rustenburg operation and its end-of-life 4 Belt (4B) shaft at its Marikana operation. Siphumelele shaft at the Rustenburg operation On 29 February 2024, damage to surface infrastructure at the Siphumelele shaft resulted in the suspension of production from the shaft. The incident occurred when an ore collector bin attached to the shaft headgear sheared off and fell to the ground, damaging a surface ore conveyor belt system. There were no injuries… Read More Here

International Copper Mining Projects

𝗞𝗛𝗢𝗘𝗠𝗔𝗖𝗔𝗨 𝗡𝗘𝗪 𝗢𝗪𝗡𝗘𝗥𝗦 𝗖𝗢𝗠𝗠𝗜𝗧 𝗧𝗢 𝗦𝗘𝗧𝗧𝗜𝗡𝗚 𝗨𝗣 𝗕𝗘𝗡𝗘𝗙𝗜𝗖𝗜𝗔𝗧𝗜𝗢𝗡 𝗔𝗖𝗧𝗜𝗩𝗜𝗧𝗜𝗘𝗦 𝗜𝗡 𝗕𝗢𝗧𝗦𝗪𝗔𝗡𝗔

April 22, 2024April 22, 2024 Constance0 comment

Minister of Minerals & Energy Hon Lefoko Maxwell Moagi has revealed that MMG Limited , the new owners of Khoemacau Copper Mining will set up beneficiation activities in Botswana to add value to the product and create thousands of Jobs locally. Minister Moagi was speaking during the change of Khoemacau ownership ceremony in Toteng. MMG Limited ,listed on the Hong Kong Stock Exchange acquired Khoemacau’s parent company Cuprous Capital at over P23 billion in a one of the largest transactions inthe history of Botswana. MMG major shareholder is China Minmetals… Read More Here

International Copper Mining Projects

Trigon Metals CEO confirms copper mineralisation 15km east of Kombat mining licence

April 22, 2024April 22, 2024 Constance0 comment

Trigon Metals CEO Jed Richardson says they can now confirm that copper mineralisation continues 15km east of the main Kombat mining licence 73B in Namibia.Richardson said this after a drilling campaign intercepted 7.0m at 3.52% copper and 43.09 g/t silver at Schlangental, a key prospect within the more expansive Kombat property.According to Richardson, it is over 25 million tonnes of combined tonnes over 2% copper, almost all contained in just 2.1 km.Richardson said the expanse of the Copper King Extension, specifically Schlangental, has long been an area of interest for… Read More Here

Copper Mining Projects

Jubilee Metals Achieves Record Chrome Production

April 20, 2024April 20, 2024 Constance0 comment

Jubilee Metals, listed on both the AIM and ASX, has achieved remarkable milestones in its South African chrome operations, marking record production levels for both the month of March and the quarter ending March 31, the third quarter of the company’s 2024 financial year. Chrome output totaled 408,710 tonnes for the quarter, up from 381,114 tonnes in the previous quarter, with a record monthly production of 145,102 tonnes in March alone. The company’s chrome concentrate production for the nine months ended March 31 saw a significant increase of 19.2% year-on-year,… Read More Here

International Exploration Gold Mining Projects

Shanta Gold Reports Encouraging Exploration Results at West Kenya Project

April 20, 2024April 20, 2024 Constance0 comment

Shanta Gold, a mining company, has unveiled promising findings from its latest exploration activities at the West Kenya project in Kenya. The company’s successful drilling efforts have led to the conversion of resources from the inferred to indicated category, indicating significant commercial potential. During the exploration period spanning from Q4 2023 to Q1 2024, Shanta Gold drilled a total of 2,911 meters across 24 holes at the Ramula deposit. This focused drilling campaign is expected to culminate in a mineral resource estimate by Q2 2024, demonstrating the project’s progress towards… Read More Here

International Copper Mining Projects

Rio Tinto Vows to Keep All Copper from Resolution Mine in the United States

April 17, 2024April 17, 2024 Constance0 comment

Rio Tinto, a leading mining company, is determined to ensure that all copper extracted from its Resolution mine remains within the United States if the project receives regulatory approval, a senior executive revealed on Tuesday. Situated in Arizona, the proposed mine has the potential to yield over 40 billion pounds (18.1 million metric tons) of copper throughout its lifespan, catering to more than a quarter of the country’s demand. However, it faces staunch opposition from some Native American groups due to concerns about potential damage to culturally significant sites. Bold… Read More Here

Mining in Zambia Copper Mining Projects New Mining Projects

President Hichilema’s Initiative Receives Praise for Luanshya Copper Mine Revival

April 16, 2024April 16, 2024 Constance0 comment

Stakeholders and the business community in the mining sector of the Copperbelt region have commended President Hakainde Hichilema and his government for their efforts in revitalizing Luanshya Copper Mine Shaft 28. Businessman Phesto Musonda highlighted the significance of Shaft 28 as a major source of high-grade copper concentrate and cobalt. He expressed optimism that its full operationalization would lead to the reopening of Chambeshi Metals, positively impacting the economy of Luanshya and the broader Copperbelt through job creation and opportunities for small businesses. The Mine Workers Union of Zambia President,… Read More Here

Mining in Zambia Copper Mining Projects

President Hichilema Launches Revitalization of Luanshya Copper Mines

April 14, 2024April 14, 2024 Constance0 comment

In a landmark event, President Hakainde Hichilema inaugurated the dewatering of Shaft 28 at Luanshya Copper Mines last week, marking a significant step towards revitalizing Zambia’s mining industry. The ambitious project, backed by a $500 million investment from China Non-Ferrous Metals Corporation (CNMC), promises to create over 3,000 jobs and inject new life into the region’s economy. The ceremony, attended by dignitaries and officials, symbolized a strong partnership between Zambia and China, underscoring their commitment to fostering economic growth and development. President Hichilema expressed gratitude to President Xi Jinping and… Read More Here

Mining in Zambia Copper Mining Projects

KoBold Metals Gets Greenlight for Konkola West Copper Project

April 12, 2024April 12, 2024 Constance0 comment

Mineral exploration startup KoBold Metals Company will commence drilling activities at the Konkola West Copper Project in Zambia this month. The company will assess deep copper mineralization within the main ore shale, which also hosts large-scale deposits and mining projects including the Konkola and Mingomba Mines. “The first drill site has been selected, the drill contract has been let, drill site preparation has been completed and equipment mobilisation is in progress,” stated Patrick Cheetham, Executive Chairman of Tertiary Minerals, a subsidiary of KoBold in Zambia. The announcement follows Kobold securing… Read More Here