New Mining Projects - Copperbelt Katanga Mining

BeMetals Discovers Extensive Copper Mineralization in Zambian Copperbelt

May 23, 2024May 24, 2024 Constance

BeMetals Corp. (TSXV: BMET, OTCQB: BMTLF, Frankfurt: 1OI.F) (the “Company” or “BeMetals”) has announced that three of four new core holes have intersected significant copper sulphide mineralization at the Pangeni Copper Project in Zambia (the “Project” or the “Property”). Today’s new analytical results support and enlarge the Company’s discovery of extensive zones of copper mineralization covering more than 1.7 kilometres of strike length under sand cover. Importantly, the copper mineralization bears many of the hallmarks in terms of style, width, grade, and geology to deposits that are mined in the Domes… Read More Here

Mining in Zambia Copper New Mining Projects

Billionaire-backed KoBold, Midnight Sun team up for Zambia copper discovery

May 19, 2024May 19, 2024 Constance

KoBold Metals, a US-based startup supported by high-profile investors such as Bill Gates and Jeff Bezos, is venturing into Zambia’s rich copper belt. In February it partnered with Canada’s Midnight Sun Mining (TSXV: MMA) to explore the promising Dumbwa target within the Solwezi copper project. This strategic alliance will leverage KoBold’s advanced data science techniques and Midnight Sun’s extensive local experience. The goal is for KoBold to earn a 75% stake in the Dumbwa target by investing $15 million in exploration and making $500,000 in cash payments over 4.5 years.… Read More Here

Mining in Zambia Copper New Mining Projects

Tertiary Minerals Receives Environmental Approval for Mupala Copper Project in Zambia

May 16, 2024May 16, 2024 Constance

Tertiary Minerals, an AIM-listed mineral exploration and development company, has secured approval for the environmental project brief (EPB) for its Mupala Copper Project in Zambia. This milestone allows Tertiary Minerals to commence mineral exploration activities at the Mupala project, following the approval granted by the Zambia Environmental Management Agency. The approval comes after obtaining a letter of consent from the Sailunga Chiefdom earlier this year. Preparations are underway to kickstart work programs next month, which will include soil sampling to verify identified anomalies and assist with surface regolith mapping. Situated… Read More Here

International Gold New Mining Projects

Endeavour Mining Successfully Completes Senegal Mine Expansion Project

May 14, 2024May 14, 2024 Constance

Endeavour Mining recently announced the successful pouring of the first gold from its Senegal mine expansion project, marking a significant milestone achieved on April 18. This achievement signals the timely and within-budget completion of the BIOX expansion initiative, supported by Egyptian billionaire Naguib Sawiris. The project, which commenced construction two years ago, underscores Endeavour Mining’s commitment to meeting its 2024 output guidance, aiming for a gold production between 1.13 million and 1.27 million ounces. Lawrence Manjengwa, head of operations at Sabodala Gold Operation/Massawa, led the expansion effort, positioning it for… Read More Here

Mining in Zambia Mining Personality New Mining Projects News in Brief

Mingomba Mining Limited Welcomes International Talent to Zambia

May 9, 2024May 9, 2024 Constance

Mingomba Mining Limited, a collaboration between KoBold Metals and ZCCM Investments Holdings Plc, has announced the appointment of Mr. Kalimina Mwinga PMP as Project Control Manager and Mr. Fanuel K Banda, P.E., PMP as Chief Mining Engineer. Both Mwinga and Banda bring a wealth of international experience to their roles, having spent over a decade honing their skills in South Africa and the USA, respectively. Commenting on the appointments, KoBold Metals Africa CEO Mfikeyi Makayi stated, “We aren’t seeking the best talent solely within Zambia; rather, we are committed to… Read More Here

Mining in Zambia Copper New Mining Projects Uranium

Prospect Resources Completes Deal with Orpheus Uranium

May 9, 2024May 9, 2024 Constance

Prospect Resources Limited (PSC: ASX, 5E8:FRA) has finalized a significant deal with Orpheus Uranium Limited (ASX: ORP), marking a milestone in the advancement of their Mumbezhi Copper Project in Zambia. The agreement, announced publicly on April 9, 2024, provides Prospect with access to crucial data to propel their project forward. As part of the agreement, Prospect paid Orpheus A$1.0 million in fully paid PSC shares, serving as partial reimbursement for prior exploration expenses. Additionally, three options to acquire ordinary PSC shares were granted for every four shares issued, priced at… Read More Here

Mining in Zambia Copper New Mining Projects

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

April 16, 2024April 16, 2024 Constance

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 New Mining Projects

Zambia and China Celebrate Revival of Luanshya Copper Mines

April 16, 2024April 16, 2024 Constance

Zambia and the People’s Republic of China commemorated the commencement of the dewatering process at the long-dormant Luanshya Copper Mines, affectionately known as Shaft 28, in a groundbreaking ceremony filled with jubilation and hope. This event, hailed as a significant milestone, signifies a new chapter in the enduring relationship between the two nations. President Hakainde Hichilema, speaking at the ceremony, expressed profound gratitude to His Excellency President Xi Jinping, the people of China, and the China Non-Ferrous Metals Corporation (CNMC) for their pivotal investment in revitalizing the once-thriving mine. He… Read More Here

New Mining Projects

Congo-Brazzaville: Kore Potash and Power China in talks for the construction of a potash mine

April 7, 2024April 7, 2024 Constance

Kore Potash is eyeing the signing of an engineering, procurement, and construction (EPC) contract for its Kola potash project in the Republic of Congo, targeted for the 2nd quarter of 2024. The UK-based mining company revealed this information in its financial results released at the end of March. Discussions are currently in progress with the Power China group, which submitted a proposal in February 2024. Under an agreement reached in June 2022, Power China is tasked with developing a 2.2 million tonne processing plant to operate the mine over a… Read More Here

Mining in Zambia Exploration New Mining Projects

Koryx Copper Raises N$21 Million for Exploration Projects in Namibia and Zambia

March 30, 2024March 30, 2024 Constance

Koryx Copper Inc. has successfully raised N$21 million (C$1.505.250) through a private placement to fund further exploration projects in Namibia and Zambia, as well as for general working capital. The company offered 23,157,692 units at C$0.065 per unit, with each unit comprising one common share and one common share purchase warrant. Each warrant allows the holder to purchase one common share at an exercise price of $0.10 within thirty-six (36) months from the closing date of the private placement. All securities issued are subject to a mandatory four-month and one-day… Read More Here