Jubilee Resources Begins Operations at Upgraded Roan Project in Zambia 1 Copper Mining in Zambia Mining Projects 

Jubilee Resources Begins Operations at Upgraded Roan Project in Zambia

Diversified metals producer Jubilee Resources Group has initiated operations at its newly upgraded Roan project in Zambia. The launch of the project’s front-end section enhances the processing capacity and operational flexibility of the existing milling and flotation units. The newly constructed front-end section, located adjacent to the current milling and flotation circuits, boosts Roan’s overall processing capacity to a maximum of 13,000 tons per year of copper. This upgrade is part of Jubilee’s broader strategy to increase operational capacity, which also includes ongoing upgrades to the Sable refinery. The combined… Read More Here
Kizito Pakabomba Visits Kibali Gold Mine to Inaugurate New Projects 2 Mining in DRC Economy Gold Governance Mining Projects 

Kizito Pakabomba Visits Kibali Gold Mine to Inaugurate New Projects

The Minister of Mines, Kizito Pakabomba, was enthusiastically welcomed to Kibali Gold Mine, one of the largest gold mines in Africa. Located in the north-east of the Democratic Republic of Congo (DRC), about 220 kilometers from the town of Isiro, the visit marks a significant milestone for the region. The primary purpose of Minister Pakabomba’s visit was to inaugurate new projects funded by the allocation of 0.3% of the mine’s minimum turnover. This allocation underscores the mine’s commitment to reinvest in local infrastructure and community development. During the visit, Minister… Read More Here
Prospect Resources Expands Copper Potential at the Mumbezhi Project in Zambia 3 Mining in Zambia Copper Mining Projects 

Prospect Resources Expands Copper Potential at the Mumbezhi Project in Zambia

Prospect Resources has firmly positioned itself as a leading player in the mining sector, particularly noted for its transformative work on the Arcadia Lithium Mine Project in Zimbabwe. The company’s journey from initial discovery to the successful sale of its 87% interest in Arcadia for approximately US$378 million in April 2022 underscores its expertise and strategic vision. The Arcadia project saw significant progress through various stages, including resource definition, early-stage technical and economic evaluations, a definitive feasibility study, offtake agreements, pilot plant operation, and strategic project financing. This comprehensive approach… Read More Here
Tertiary Minerals Identifies Large Copper Anomaly at Mupala Project 4 Mining in Zambia Copper Mining Projects 

Tertiary Minerals Identifies Large Copper Anomaly at Mupala Project

Aim-listed Tertiary Minerals has identified a significant copper-in-soil anomaly at its Mupala project in Zambia. The company announced on July 29 that field analytical results from a recent soil sampling program confirmed the prospectivity of the license, supplementing historical data and its proximity to other copper prospects. Tertiary Chairperson Patrick Cheetham noted that while more work is needed to determine the significance of this soil anomaly, it marks a promising start to exploration at Mupala. The Mupala project is located on the west side of the Kabompo Dome in Zambia’s… Read More Here
Galileo Resources Begins Copper Exploration with Drill Program in Zambia 5 Copper Exploration Mining in Zambia Mining Projects 

Galileo Resources Begins Copper Exploration with Drill Program in Zambia

London-listed Galileo Resources has engaged a Zambian contractor to commence a drill program of approximately 700 meters as part of the initial phase of exploration on licence 28001-HQ-LEL in Zambia, with rig mobilization scheduled for later this week. The licence is situated within the Western Foreland domain, an area potentially hosting Kamoa-Kakula-style copper deposits. The company states that the licence is strategically located along the strike of the Kamoa-Kakula mining complex in the Democratic Republic of Congo (DRC) and adjacent to a substantial exploration licence area acquired by Ivanhoe Mines… Read More Here
CMR Secures High-Grade Silver/Copper Project in Morocco and Raises £750,000 for Exploration 6 International Copper Exploration Mining Projects 

CMR Secures High-Grade Silver/Copper Project in Morocco and Raises £750,000 for Exploration

Critical Mineral Resources (CMR) has signed an exclusive option to acquire the Igli project, a high-grade silver/copper site in Morocco’s Anti-Atlas region, with reported grades up to 912 g/t silver and 2.97% copper. To support this acquisition and fund exploration, CMR has raised £750,000 through a convertible loan note (CLN) issue. A significant portion of this investment comes from the Swiss and UAE-based Prism Group, known for its long-term investment strategy. CMR’s nonexecutive chairperson, Dominic Traynor, will transition to executive chairperson to oversee the company’s strategic developments. The Igli project… Read More Here
Non Ferrous Company to Create 2,400 Jobs with $600 Million Expansion in Kalulushi 7 Mining in Zambia Copper Mining Projects 

Non Ferrous Company to Create 2,400 Jobs with $600 Million Expansion in Kalulushi

Non Ferrous Company Africa (NFCA) Mining Limited is poised to create approximately 2,400 jobs through the expansion of its South East Ore Body project in the Kalulushi District of Copperbelt Province. The company has committed a substantial investment of $600 million for this significant development. During a media tour in Chambeshi, NFCA Chairperson Zhanyan Li outlined the ambitious plans, stating, “This expansion will boost our copper production to 110,000 tonnes per year.” He further highlighted the economic benefits, noting that the project is expected to generate $36.15 million in taxes… Read More Here
DRC Govt Commits to Transparency in Management of Sino-Congolese Project Funds 8 Mining in DRC Mining Projects 

DRC Govt Commits to Transparency in Management of Sino-Congolese Project Funds

The Congolese government has expressed its commitment to enhancing transparency and good governance in the management of funds associated with Sino-Congolese projects. This announcement was made by Minister of Finance Doudou Fwamba Likunde Li-Botayi during a meeting with key players in the Congolese financial sector. During the meeting, participants reviewed recommendations from the International Monetary Fund (IMF) aimed at improving the management of resources stemming from an amendment signed between the Democratic Republic of Congo (DRC) and a consortium of Chinese companies involved in the Sicomines project. The Ministry of… Read More Here
Peak Rare Earths and Shenghe Forge Partnership to Develop Tanzanian REE Project 9 International Mining Projects Rare Earth Minerals 

Peak Rare Earths and Shenghe Forge Partnership to Develop Tanzanian REE Project

Australia’s Peak Rare Earths has signed a non-binding term sheet with Chinese miner Shenghe Resources to support the development and funding of the Ngualla rare earth elements (REE) project in Tanzania. The agreement outlines Shenghe’s plan to acquire a 50% stake in the entity that holds an effective 84% interest in the Ngualla project by subscribing for new shares worth AUD 96 million. This valuation implies a post-transaction share price of AUD 0.36, which Peak notes is more than double its current share price on the ASX. Upon completion, Peak… Read More Here
First Quantum Declares Commercial Production at Enterprise Nickel Project 10 Mining in Zambia Battery Metals Mining Projects Nickel Press Release 

First Quantum Declares Commercial Production at Enterprise Nickel Project

First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) declared commercial production as of June 1, 2024 at the Enterprise nickel mine, located 12km away from the company’s Sentinel copper mine in the North Western Province of Zambia. First Quantum built, commissioned and delivered commercial operation in just over two years – another successfully executed project that demonstrates the company’s approach to delivering sustainable growth. Two years ago, First Quantum approved the Enterprise project – alongside the S3 Expansion project at Kansanshi – following a commitment made by… Read More Here

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