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Category: New Mining Projects

Abu Dhabi's IRH Selected as Strategic Partner to Revitalize Mopani Mine 1 Mining in Zambia Copper Mergers & Acquisitions New Mining Projects 

Abu Dhabi’s IRH Selected as Strategic Partner to Revitalize Mopani Mine

Constance
International Resources Holding RSC Limited (IRH), an affiliate of Abu Dhabi’s conglomerate International Holding Company PJSC (IHC), the UAE’s most valuable listed company and the GCC region’s second most valuable, has been chosen as the preferred strategic equity partner (SEP). IRH has set a strategy to invest in crucial minerals and establish a new entity covering the entire metals and mining supply chain. The proposed investment in Mopani Copper Mines (MCM) stands as IRH’s most substantial single investment so far. It signifies a pivotal move in their strategy to emerge… Read More Here
Ivanhoe Mines Announces the KITOKO Sedimentary Copper Discovery in Western Foreland in the DRC 2 New Mining Projects Mining in DRC 

Ivanhoe Mines Announces the KITOKO Sedimentary Copper Discovery in Western Foreland in the DRC

Copperbelt Katanga News
Kitoko discovery includes drill hole DD008 intersecting 5.19 metres true width, grading 11.64% copper, at a 1% copper cut-off Kitoko is Ivanhoe’s fifth high-grade sedimentary copper discovery in the DRC Mineralogical characteristics of Kitoko are most similar to those of the tier-one Kakula copper orebody Discovery zone traced over a 1.9-kilometre strike and open in all directions Expanded drilling program continues around Kitoko and other Western Foreland targets Ivanhoe Mines Founder and Executive Co-Chair Robert Friedland and President Marna Cloete are excited to announce today that the company has made… Read More Here
Ivanhoe Mines to Commence Exploration Activities in Angola 3 New Mining Projects International 

Ivanhoe Mines to Commence Exploration Activities in Angola

Copperbelt Katanga News
22,195 square kilometres of prospecting rights granted in Moxico and Cuando Cubango provinces Licence package equivalent to half the size of Switzerland Project mobilization to commence in Q1 2024 United States Geological Survey also signs MOU with Geological Institute of Angola for the mapping of the country’s critical minerals Luanda, Angola– Ivanhoe Mines Executive Co-Chair Robert Friedland and President Marna Cloete are pleased to announce that the company has been granted 22,195 square kilometres of greenfield prospecting rights for exploration in the Moxico and Cuando Cubango Provinces of Angola. A… Read More Here
Ivanhoe announces the discovery of 21 million tonnes of mineral resources with a grade of 3.56% copper in Makoko and Kiala 4 New Mining Projects Copper Mining in DRC 

Ivanhoe announces the discovery of 21 million tonnes of mineral resources with a grade of 3.56% copper in Makoko and Kiala

arnbethnic
Ivanhoe Mines Co-Executive Chairman Robert Friedland and President Marna Cloete announced on Monday, November 13, that the first independent mineral resource estimates for the high-grade Makoko and Kiala deposits within the Western Foreland exploration project by Ivanhoe. A press release from this Canadian company, operating in the province of Lualaba, reports the discovery. Makoko and Kiala are two distinct discoveries adjacent to the Kamoa-Kakula copper complex, continuing Ivanhoe’s distinguished track record of first-time discoveries in this uniquely rich geological terrain. Both deposits are within the 2,407 square kilometer Western Foreland… Read More Here
The quarterly production record at Kamoa-Kakula was achieved despite continued intermittent grid instability 5 New Mining Projects Mining in DRC 

The quarterly production record at Kamoa-Kakula was achieved despite continued intermittent grid instability

arnbethnic
Since late Q4 2022, Kamoa Copper has been working alongside DRC’s state-owned power company, La Société Nationale d’Electricité (SNEL), to identify the causes of instability across the southern DRC’s grid infrastructure to assist with delivering long-lasting solutions. Kamoa Copper has identified a series of upgrades and has outlined a project plan to deliver the improvements. Mobilization of resources is underway, with vendor selection and equipment procurement having commenced. Concurrently, Kamoa Copper’s engineering team are working towards insulating Kamoa-Kakula from future instability by expanding on-site backup generation capacity, as well as… Read More Here
Sibanye-Stillwater, Navigating Challenges in Mopani Copper Bid Amid PGM Market Pressures 6 Mining in Zambia New Mining Projects 

Sibanye-Stillwater, Navigating Challenges in Mopani Copper Bid Amid PGM Market Pressures

arnbethnic
Sibanye-Stillwater has affirmed its ongoing negotiations with the Zambian government for the acquisition of Mopani Copper, despite competition from Abu Dhabi’s International Holding Company (IHC), as reported by the Financial Times. IHC, the largest listed company in the United Arab Emirates, has entered the bidding for Mopani and is pledging to preserve jobs, in contrast to Sibanye-Stillwater’s proposal, which includes job cuts. Earlier this month, Sibanye-Stillwater stated that it would not engage in a bidding war for new assets. Shareholders are unlikely to support additional costs for the company, especially… Read More Here
Ivanhoe Mines Records 103,947 Tonnes of Copper Production in Q3-2023 at Kamoa Copper Complex 7 Mining in DRC New Mining Projects Underground Mining 

Ivanhoe Mines Records 103,947 Tonnes of Copper Production in Q3-2023 at Kamoa Copper Complex

Constance
Ivanhoe Mines reports record quarterly production of 103,947 tonnes from Kamoa-Kakula Copper Complex for Q3 2023 Kamoa-Kakula milled 2.24 million tonnes of ore during the quarter at an average grade of 5.55% copper Kamoa-Kakula has produced 301,336 tonnes copper year-to-date, well on track to achieve 2023 guidance Phase 3 concentrator, smelter and hydropower project on schedule for Q4 2024 start Kamoa 1 and Kansoko underground access tunnels successfully connected for Phase 3 mining Ivanhoe Mines to issue Q3 2023 financial results and host conference call for investors on November 6 Ivanhoe Mines launches… Read More Here
Xtract to earn-in on two copper licenses in Zambia 8 Copper Exploration Mining in Zambia New Mining Projects 

Xtract to earn-in on two copper licenses in Zambia

Constance
London-listed Xtract Resources has entered into a joint venture (JV) agreement with Cooperlemon Consultancy to explore for copper on two large-scale licences in the northwest of Zambia. The two exploration licences are located within the Western Foreland geological district that hosts the prolific Kamoa-Kakula deposit and the Central Fold, as well as the Thrust Belt, which all have acute competition for exploration licences. The two licences in question cover a combined 107 000 ha and are believed to contain high-grade Kamoa-style mineralisation at depth and lower grade bulk tonnage closer to surface. Chairperson Colin Bird states that there may also be Kolwezi-style… Read More Here
Illuminating the Zambian-Congo copperbelt with pursuit of high-value deposits 9 Mining in Zambia Copper New Mining Projects 

Illuminating the Zambian-Congo copperbelt with pursuit of high-value deposits

arnbethnic
Midnight Sun Mining says drilling at Mitu Trend at Solwezi project confirms high-grade intercepts Midnight Sun focuses on the exploration and discovery of world class copper deposits in the prolific Zambian-Congo Copperbelt. Midnight Sun’s Solwezi mineral exploration licenses in Zambia are located directly adjacent to the largest copper mine in Africa – First Quantum Minerals’ Kansanshi copper/gold mine. Midnight Sun Mining Corp (TSX-V:MMA, OTCQB:MDNGF) said the remaining drill results from holes MTDD047 and MTDD048 and the results from the 2022 drilling campaign on the Mitu Trend at the Solwezi project… Read More Here
Jubilee Metals Group Appoints New CFO and Head of Energy Metals for Strategic Expansion 10 Mining in Zambia Corporate News New Mining Projects 

Jubilee Metals Group Appoints New CFO and Head of Energy Metals for Strategic Expansion

arnbethnic
Jubilee Metals Group PLC announced on Monday that they’ve chosen Neal Reynolds as the new finance leader, starting on October 1. They’ve also selected Ricus Grimbreek to head up their efforts in energy-related metals. The company, which is based in London and deals with metal processing, mentioned that Pedja Kovacevic, who is currently the temporary finance leader, will continue to handle the company’s strategic planning even after Reynolds joins. Grimbreek will be in charge of Jubilee Metals’ push into energy metals, with a special focus on their plan for Zambian… Read More Here

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