New Mining Projects - Copperbelt Katanga Mining

AVZ extends share suspension

July 15, 2022July 15, 2022 admin

Lithium hopeful AVZ Minerals on Friday extended the voluntary suspension of its share trade on the ASX as it still awaits the grant of a mining licence for its Manono lithium and tin project, in the Democratic Republic of Congo (DRC). AVZ in early May announced that the DRC Minister of Mines had signed a ministerial decree to award the mining licence to Dathcom Mining SA, in which AVZ holds a 75% interest. The mining licence was expected to be issued after the payment of surface rights fees. However, by May 11, AVZ had requested a suspension of… Read More Here

Copper International New Mining Projects

ANGLO AMERICAN ANNOUNCES FIRST COPPER PRODUCTION FROM QUELLAVECO PROJECT IN PERU

July 12, 2022July 12, 2022 admin

Anglo American plc announces first production of copper concentrate from its Quellaveco project in Peru – a major milestone as Quellaveco nears completion ahead of receiving final regulatory clearance for commercial operations to begin. Tom McCulley, who has led Anglo American’s development of Quellaveco, said: “First copper production at Quellaveco is a key milestone in our delivery of this world-class asset, on time and on budget. The fact that we are today producing copper less than four years after project approval, including through two years of considerable pandemic-related disruption, is… Read More Here

Mining in Zambia New Mining Projects

FQM To Create 2400 Jobs

July 11, 2022July 11, 2022 arnbethnic

First Quantum Minerals Limited – FQM is this year expected to employ 2400 people at its Trident Mine Limited in Kalumbila District and Kansanshi Mining Plc in Solwezi District of North Western Province. This comes after FQM, which runs both mines, announced an investment of over US$1.2 billion at Kansanshi Mining Plc and the opening of Enterprise Mine at Trident Limited which will be Mining Nickel. FQM Chief Executive Officer TRISTAN PASCAL says 1800 people will be employed during the expansion of Kansanshi mine. He adds that the Enterprise Mine,… Read More Here

Nickel Mining in Zambia New Mining Projects

Enterprise Nickel Mine is edging closer to completion, and becoming a global top-10 nickel mine

July 5, 2022July 5, 2022 arnbethnicNickel, Zambia

The 8 May 2022 announcement that Enterprise Nickel Mine would be brought online within 12 months after a final $100 million cash injection from First Quantum Minerals (FQM) was met with much fanfare, during a buoyant week for Zambia at the Investing in African Mining Indaba. Mining For Zambia takes a look at the progress that has been made in the weeks following the news, and the impact that a large-scale nickel mining operation will have on North-Western Province and Zambia as a whole. *** Fifteen kilometres from First Quantum Minerals’ (FQM’s) Sentinel… Read More Here

Mining in DRC Copper New Mining Projects

Kamoa Copper reports record quarterly production of 87,314 tonnes of copper in Q2 2022

July 5, 2022July 5, 2022 arnbethnic

Kamoa Copper reports record quarterly production of 87,314 tonnes of copper in Q2 2022 Kamoa-Kakula produces record 30,379 tonnes of copper in June, Phase 2 achieves steady-state production at the end of May Ivanhoe Mines joins United Nations Global Compact, the largest corporate sustainability initiative in the world Basic engineering complete for Kamoa Copper’s Phase 3 direct-to-blister flash smelter; orders for long-lead time equipment underway Ivanhoe Mines to issue Q2 2022 financial results and host conference call for investors on August 15 KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Ivanhoe Mines (TSX: IVN; OTCQX:… Read More Here

Mining in Zambia Lithium New Mining Projects Rare Earth Minerals

All Star completes due diligence on South African, Zambian projects

June 14, 2022June 20, 2022 admin

AQSE-listed mining investing company All Star Minerals has announced the successful completion of its due diligence over the Blesberg lithium and tantalum project in South Africa and the Nkombwa Hill tantalum, rare earth elements and phosphate project in Zambia. This followed All Star’s announcement on April 21 that it had entered into a heads of agreement (HoA) with mining investment firm Gathoni Muchai Investments. The due diligence process included site visits, analyses of the technical aspects of the underlying deposits and their Joint Ore Reserves Committee- (Jorc-) and South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves- (Samrec-) compliant resources,… Read More Here

New Mining Projects Mining in Zambia

NEW REPORT HIGHLIGHTS BIGGER PICTURE OF FQM’S INVESTMENT IN THE ZAMBIAN ECONOMY

May 29, 2022May 29, 2022 arnbethnic

The US$1.35 billion of upcoming investments by First Quantum Minerals are set to boost the economy of North-Western Province by creating new jobs and generating more business for local firms, according to a new report launched this week by leading economist Professor Oliver Saasa.FQM’s Kansanshi S3 Expansion Project and Enterprise Nickel Project will also boost the economy of the country as a whole and increase tax revenue, said Prof. Saasa and his co-author Shebo Nalishebo in their report, Evaluation of Economic Impact of Planned First Quantum Minerals Investments in Zambia.“There exist… Read More Here

New Mining Projects Mining in DRC

AJN Resources & Congo Resources sign a partnership for the development & promotion of Congolese mining assets

May 23, 2022May 23, 2022 arnbethnic

Anxious to enhance and promote its mining assets, the Government of the Democratic Republic of Congo through the Ministry of Portfolio has formalized a partnership with AJN Resources with a view to the creation of the company “CONGO RESSOURCES”. This in accordance with the orientations and options raised during the 49th meeting of the Council of Ministers held under the leadership of the Head of State Félix Tshisekedi. The main objective of this new company will be to hold various unexploited permits with high mining potential and to promote them through the… Read More Here

Mining in DRC Indepth News New Mining Projects

Ivanhoe Mines first quarter 2022 review of mine construction and exploration activities

May 11, 2022May 11, 2022 arnbethnic

Kamoa-Kakula Copper Mining Complex in the Democratic Republic of Congo sold 51,919 tonnes of payable copper and recognized record revenue of $519.6 million in Q1 2022 The Kamoa-Kakula joint venture recorded record EBITDA of $399.4 million, and operating profit of $380.5 million for Q1 2022 Kamoa-Kakula’s cost of sales total $1.08 per pound of payable copper in Q1 2022, with C1 cash costs trending towards lower end of 2022 guidance at $1.21 per pound Kamoa-Kakula Phase 2 offtake agreements concluded Regional exploration drill campaign commences at the Western Foreland Copper… Read More Here

Copper Gold New Mining Projects

Ivanhoe Mines Completes Platreef’s Production Shaft 1 at the Tier-One Palladium,in South Africa

May 9, 2022May 9, 2022 admin

Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President, Marna Cloete, announced today at the African Mining Indaba Conference, the completion of the Shaft 1 production changeover at the company’s tier-one Platreef palladium, rhodium, nickel, platinum, copper and gold project in South Africa. Shaft 1 will serve as Platreef’s initial production shaft and is approximately 450 metres away from the first high-grade area of the Flatreef orebody scheduled to be mined during Phase 1 production. On April 22, 2022, Ivanplats celebrated the first blast at Platreef’s 950-metre level,… Read More Here