You are here

Category: New Mining Projects

KoBold Metals Expedites High-Grade Copper Mine in Zambia 1 Mining in Zambia Copper New Mining Projects 

KoBold Metals Expedites High-Grade Copper Mine in Zambia

Constance
KoBold Metals, a California-based metals exploration company with backing from billionaires Bill Gates and Jeff Bezos, is considering partnerships as it aims to expedite the development of a new copper mine in Zambia, with an estimated cost of around $2 billion. The Silicon Valley start-up, renowned for its use of artificial intelligence in prospecting for copper, cobalt, nickel, and lithium, is also contemplating a potential public listing of its shares within the next three to four years, according to Josh Goldman, its co-founder and president, as reported by Reuters. Initially… Read More Here
Transformative Copper Venture Set to Energize Mumbwa Region in Zambia 2 Copper Mining in Zambia New Mining Projects 

Transformative Copper Venture Set to Energize Mumbwa Region in Zambia

Constance
In a significant development poised to revitalize Central Province, a joint venture copper mine, the Kitumba Mine, is set to commence operations in Mumbwa with an initial infusion of US$500 million, promising to generate approximately 2,000 direct employment opportunities. Minister of Mines and Minerals Development, Paul Kabuswe, unveiled this promising venture during an interview on ZNBC’s Sunday Interview program, where he underscored the transformative impact expected in the mining sector. “Kitumba Mine, a collaborative effort between Zambian and British stakeholders, marks a turning point for the region,” Minister Kabuswe remarked.… Read More Here
Midnight Sun Partners with KoBold Metals to Explore Dumbwa Target in Zambia 3 Mining in Zambia Exploration New Mining Projects 

Midnight Sun Partners with KoBold Metals to Explore Dumbwa Target in Zambia

Constance
Midnight Sun Mining Corp. (TSX-V: MMA / OTCQB: MDNGF) has announced the signing of an earn-in agreement with KoBold Metals Company, marking a significant milestone in the exploration of the Dumbwa Target within the Solwezi Project in Zambia. KoBold Metals Company, renowned for its innovative approach to battery metal exploration, will undertake exploration activities on Dumbwa. Backed by investors such as Breakthrough Energy Ventures and Andreessen Horowitz, KoBold aims to leverage its advanced technology to accelerate the discovery of critical minerals. Under the agreement, KoBold can earn a 75% interest… Read More Here
ZCCM-IH and Kobold Mingomba JV Unveils Zambia's Biggest Copper Find in a Century 4 Mining in Zambia Battery Metals Cobalt Copper Lithium New Mining Projects Nickel 

ZCCM-IH and Kobold Mingomba JV Unveils Zambia’s Biggest Copper Find in a Century

Constance
Yesterday, Joint venture partners ZCCM-IH and KoBold Metals, a Silicon Valley company using artificial intelligence to discover critical minerals for the electric vehicle and renewable energy revolutions, discussed the details of their recent copper discovery at the Mingomba deposit.“ZCCM-IH’s goal is to ensure that Zambia’s finite mineral resources are optimized and benefit the people of Zambia,” said ZCCM-IH Board Chair Mr. Kakenenwa Muyangwa. “ZCCM-IH is proud to be an active investor partnering with Kobold Metals in the Mingomba Deposit, which is well-positioned to help create new jobs, bring significant new… Read More Here
Mopani Copper Mines New Mining Projects Mining in Zambia 

Baker McKenzie worked with ZCCM-IH on Mopani’s US$1.1 billion partnership with IRH

arnbethnic
Baker McKenzie, a prominent global law firm, provided legal counsel to ZCCM Investments Holdings Plc in connection with its execution of an investment agreement with International Resources Holding RSC Limited (IRH), a leading mining entity in Abu Dhabi. The agreement entails IRH’s commitment to invest $1.1 billion in Mopani Copper Mines Plc (Mopani), a key copper mining operation in Zambia. The completion of the transaction is contingent upon the satisfaction of specific conditions precedent, including the restructuring of the longstanding relationship between Glencore International AG and Mopani. Mopani plays a… Read More Here
Ivanhoe Mines to Quadruple 2024 Exploration Budget 5 Mining in DRC New Mining Projects 

Ivanhoe Mines to Quadruple 2024 Exploration Budget

arnbethnic
Ivanhoe Mines Founder and Executive Co-Chair Robert Friedland and President Marna Cloete announced that the company is substantially increasing its group exploration activities and budget for 2024. The group budget for 2024 will quadruple to approximately $90 million, with exploration activities primarily focused on the 2,654-square-kilometre Western Foreland Exploration Project. The budget increase follows the November 28, 2023 announcement of the geologically significant, high-grade Kitoko copper discovery, as well as the maiden Mineral Resource estimates for the Makoko and Kiala high-grade copper discoveries, as announced on November 13, 2023, in the Western Forelands. The… Read More Here
Abu Dhabi's IRH Selected as Strategic Partner to Revitalize Mopani Mine 6 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 7 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 8 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 9 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

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Copperbelt Katanga Mining will use the information you provide on this form to be in touch with you and to provide updates and marketing.