New Mining Projects - Copperbelt Katanga Mining

XIMEI Resources interested in Lweshe Mines for Niobium production in DRC 1

The takeover of the Lweshe Mine in Rusthuru at the center of exchanges between the DRC Minister of Mines and the delegation of the company XIMEI resource. The DRC Minister of Mines Antoinette N’SAMBA KALAMBAYI received on Thursday, January 27, 2022 in the meeting room of her cabinet a delegation of the company Ximei Resources led by the National Deputy François Nzekuye, elected from Rutshuru. This company specialising in the exploitation of Niobium is interested in taking over the activities of the Lweshe Mines located in the Rutshuru territory in… Read More Here

Copper Mining in DRC New Mining Projects

DRC: Kamoa Copper Phase 2 Mill 93% Complete, Commissioning Expected April 2022

February 3, 2022February 3, 2022 admin

Kamoa Copper’s 3.8 million tonnes per annum (Mtpa) mill is 93% complete as of January 31, 2022. Concentrator hot commissioning to begin in April 2022, ending previous forecast of Q2 2022 and several months before the initial schedule. Hot commissioning involves introducing the first ore into the plant at a reduced feed rate to set equipment parameters and test performance. The feed rate is then regularly increased. Kamoa Copper continues to make significant progress on the construction of the Phase 2 mill, and the mill is expected to be approximately 93% complete… Read More Here

Mining in DRC New Mining Projects

After 9 months of suspension, activities resume at the Mupondeponde mining site in Maniema DRC

January 30, 2022January 31, 2022 arnbethnic

More than nine (9) months after the suspension of mining at the Mupondeponde mine site, located in the territory of Kailo, in the province of Maniema, the provincial authorities have decided to reopen this site. It was Mwami Walanga Buterezi, Acting Provincial Minister of Mines, who proceeded aknu to this reopening during an official mission of this mining operation. The latter took advantage of this opportunity to set up a new mining cooperative legally established in this mining site. In addition, the Provincial Minister of Mines of Maniema urged the… Read More Here

Mining in Zambia New Mining Projects

Zambia the stand-out player in African minerals exploration for 2022: Experts

January 27, 2022January 31, 2022 arnbethnic

“All eyes are on Zambia,” says Peter Major, director of mining at Mergence Corporate Solutions in South Africa. Major spoke in Cape Town in October as he prepared for a mining investment trip to Zambia. In the new president, Hakainde Hichilema, he says, the country has “a real businessman” in charge. With billions of dollars worth of African gas, gold, copper and cobalt to hit the markets in 2022, industry players are focused on the next big deals. The election of a new government in Zambia in August 2021 has… Read More Here

New Mining Projects Copper Mining in DRC

Kamoa Copper SA’s Phase 2 Concentrator Plant Approaching 93% Completion

January 24, 2022January 24, 2022 arnbethnic

Dedicated engineering team appointed with goal of boosting combined Phase 1 and Phase 2 copper production up to 450,000 tonnes per annum Kolwezi, Democratic Republic of Congo–(Newsfile Corp. – January 24, 2022) – Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun announced that Kamoa-Kakula’s Phase 2, 3.8-million-tonne-per-annum (Mtpa) concentrator plant is expected to be 93% complete by January 31, 2022, with hot commissioning of the concentrator on track to begin in April 2022, at the front end of the Q2 2022 previous guidance and several months ahead… Read More Here

Mining in DRC Mining Personality New Mining Projects

Mark Farren to retire as Kamoa Copper’s CEO

January 24, 2022January 24, 2022 arnbethnic

Mr. Friedland and Mr. Sun also announced that Mark Farren, Kamoa Copper’s Chief Executive Officer, will retire from his position at Kamoa Copper following the commissioning of the Phase 2 expansion project. Kamoa Copper has initiated a search for Mr. Farren’s replacement, and Mr. Farren will help support a smooth and seamless transition. Mr. Farren first joined Ivanhoe Mines in June 2014 as Executive Vice President, Operations, before his appointment as Chief Executive Officer of Kamoa Copper in October 2019. During his time as Kamoa Copper’s CEO, Mr. Farren oversaw… Read More Here

Copper Mining in DRC New Mining Projects

Ivanhoe Mines Provides 2022 Production and Cost Guidance for Kamoa-Kakula Copper Complex

January 10, 2022January 10, 2022 admin

Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland announced today, ahead of the inaugural Future Minerals Forum, that the 2022 annual production guidance for the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) is between 290,000 and 340,000 tonnes of copper in concentrate. The figures are on a 100%-project basis and metal reported in concentrate is prior to refining losses or deductions associated with smelter terms. The guidance range for cash costs (C1) per pound of payable copper in 2022 is between $1.20 and $1.40 per pound of payable copper. Cash… Read More Here

Mining in DRC Energy New Mining Projects

Kamoa-Kakula: Study work for Phase 3 expansion advancing; excavation underway on a new box cut

December 9, 2021January 6, 2022 admin

The scope of Kamoa-Kakula’s Phase 3 expansion includes a third concentrator plant to be located adjacent to the Kansoko Mine (at the Kansoko Sud orebody), approximately 10 kilometres north of the Kakula Mine. The Phase 3 concentrator is being designed to have a larger nameplate milling capacity than the 3.8-Mtpa nameplate milling capacity of the Phase 1 and 2 concentrators. The planned Phase 3 concentrator is expected to be supplied by ore from the established mine at Kansoko, as well as from two new planned mines, named Kamoa 1 and… Read More Here

Mining in DRC Copper New Mining Projects

Kamoa Copper SA Mining crews produce a record 548,000 tonnes of ore in November as mining ramps up in advance of the Phase 2 concentrator start-up

December 9, 2021December 10, 2021 arnbethnic

A total of 548,000 tonnes grading 5.46% copper was mined during the period from October 21 to November 20, including 362,000 tonnes grading 6.60% copper from the Kakula Mine’s high-grade centre and 63,000 tonnes grading 3.61% copper from the Kansoko Mine. Mark Farren, CEO of Kamoa Copper, commented: “548,000 tonnes of ore mined is a major increase compared to our previous monthly record of 409,000 tonnes mined. We expect to see continued growth in monthly mine production as we introduce additional mining crews to fill the second concentrator. We remain… Read More Here

Energy Mining in DRC New Mining Projects

Kamoa Copper’s green energy focus now on the Inga II hydropower plant to power Kamoa expansions

December 9, 2021January 25, 2022 admin

In August 2021, Kamoa-Kakula’s energy company signed an extension of the existing financing agreement with the DRC’s state-owned power company SNEL to upgrade turbine 5 at the Inga II hydropower complex. Since June 2021, rehabilitation scoping works and technical visits have been conducted by Stucky Ltd. of Renens, Switzerland, and Voith Hydro of Heidenheim, Germany, a leading engineering group. Voith Hydro, the contractor for the turbine 5 upgrade, has successfully rehabilitated two turbine generators at the adjoining Inga I hydropower plant, a project that was financed by the World Bank.… Read More Here