New Mining Projects - Copperbelt Katanga Mining

HH COMMISSIONS MANGANESE MINE IN ZAMBIA

November 4, 2022November 4, 2022 Copperbelt Katanga News1 Comment

President HAKAINDE HICHILEMA has commissioned the Luongo Manganese Mine in Chipili District of Luapula Province. Luongo Manganese Mine has over 40 million tonnes of ore and is projected to last for 20 years. The mine has been developed by Mineral Geologist SIXTUS MULENGA through his exploration company MUSAMU Resources. Speaking when he commissioned the mine, President HICHILEMA said the development of Luongo Manganese Mine is a milestone as it has shown that Zambians can set up and run mines in the country. President HICHILEMA said government will support the mine… Read More Here

Mining in DRC New Mining Projects

Tenke Fungurume and Kamoa-Kakula in the Top 10 most valuable mines in the world

November 2, 2022November 2, 2022 arnbethnic1 Comment

The mining industry relies on a relatively small number of giant deposits to fuel its growth – and new discoveries of this nature are rare. Using data from Miningintelligence, MINING.COM has compiled a ranking of the world’s 10 richest working and precious metal base mines by calculating the overall value of mineral resources based on prevailing prices. On this list, we discover two mines located in the Democratic Republic of Congo, namely Tenke Fungurume which is in 7th place and Kamoa-Kakula which is in 9th place. The discovery of Tenke Fungurume… Read More Here

Battery Metals Mining in DRC New Mining Projects

TANTALEX LITHIUM RESOURCES ANNOUNCES AWARD OF MINING LICENSE FOR ITS TITAN TIN AND TANTALUM PROJECT

November 1, 2022November 1, 2022 arnbethnic

Toronto, Ontario, October 31st 2022 – Tantalex is pleased to announce that its 70% owned DRC subsidiary United Cominiere SAS has been notified by the Ministry of Mines that research permits PR 12447 and PR12448 have now been transformed to Mining Concessions. TiTanProject Highlights Tantalex may now proceed immediately with the construction of the TiTantin and tantalum alluvial concentrate plant. Projected to produce approximately 1’400 dmtof Tin concentrate and 220 dmtof Tantalum concentrate per annum. Generating app. $30M USD in revenue annually at current commodity prices. Production scheduled to commence in… Read More Here

Copper Exploration Gold New Mining Projects

Ivanhoe awarded new exploration rights next to Platreef project on South Africa’s Bushveld Complex

October 28, 2022October 28, 2022 admin

Ivanhoe Mines has been granted three new highly prospective exploration rights covering total surface area of 80 square kilometres adjacent to the company’s Platreef project in Limpopo province, South Africa. Platreef is a palladium, rhodium, nickel, platinum, copper and gold development project that is 64% owned by Ivanhoe. A 26% interest is held by Ivanhoe’s broad-based, black economic empowerment (B-BBEE) partners, which include 20 local host communities with approximately 150,000 people, project employees and local entrepreneurs. A Japanese consortium owns the remaining 10% interest. The project hosts a thick, underground… Read More Here

New Mining Projects Mining in DRC

MMG Kinsevere Expansion Project Update- Media release

October 18, 2022October 19, 2022 arnbethnic

MMG Limited released an update on 13 October that since 16 September 2022, its Nambulwa mining lease, in the Democratic Republic of Congo (DRC), has been occupied by armed forces who claimed that the government-owned mining company Gécamines has signed a research contract for the area with a third party even though MMG has a registered interest over the lease. MMG’s employees and contractors were evacuated from the site on 23 September 2022. With the support of local authorities, MMG people were able to return to the site and continue… Read More Here

Copper Mining in DRC New Mining Projects

Kamoa Copper Records Quarterly Production of 97,820 Tonnes of Copper in Q3 2022

October 5, 2022October 5, 2022 admin

Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng “Miles” Sun are pleased to announce that the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo has set a new quarterly production record in the third quarter of 2022, with 97,820 tonnes of copper in concentrate produced. Kamoa-Kakula’s Phase 1 and 2 concentrator plants set a monthly production record in September 2022 of 33,484 tonnes of copper in concentrate, and continue to regularly surpass the combined throughput design capacity of 7.6 million tonnes per annum, following the early commissioning of Phase 2 in April 2022.… Read More Here

Mining in DRC New Mining Projects

Ivanhoe and Gécamines host ceremony commemorating the start of construction activities at the historic Kipushi Mine

September 12, 2022September 12, 2022 arnbethnic

Production from Kipushi’s ultra-high-grade Big Zinc deposit targeted for late 2024, marking one hundred years since the mine first opened. Ceremony attended by DRC Prime Minister and other DRC national and provincial dignitaries. Memorandum of understanding signed with Province of Haut-Katanga to study upgrade of the Kipushi border crossing. KIPUSHI, DEMOCRATIC REPUBLIC CONGO – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) President Marna Cloete is pleased to announce that Kipushi Corporation SA (KICO), a joint venture between Ivanhoe and DRC state-owned mining company Gécamines, recently hosted a breaking-ground ceremony to commemorate… Read More Here

New Mining Projects Mining in Zambia

Introducing the new Chair of Jubilee Metals | Ollie Oliveira

September 4, 2022September 4, 2022 arnbethnic

The Board and Executive Management team are pleased to welcome Ollie Oliveira to the position of NonExecutive Chairman of Jubilee Metals Group. A Q&A with Ollie is provided below to give you, our stakeholders insight into the experience Ollie brings as well as his vision for Jubilee. Q: Tell us about your career up until now? Ollie Oliveira: I have a classic educational background in finance. I went into a traineeship with Touche Ross/Deloitte and qualified both as a Chartered Accountant and Chartered Management Accountant. After a period as a… Read More Here

New Mining Projects Mining in DRC News in Brief

Ivanhoe Mines achieves operating profits of around USD 253 million in DRC and SA

August 20, 2022August 20, 2022 arnbethnic

The Canadian mining firm Ivanhoe Mines recorded, in the second quarter of 2022, a record profit of around 351.5 million US dollars from the mining projects carried out in the Democratic Republic of Congo (DRC) and in the Republic of South Africa. According to the related report, 253.1 million USD were made in the Democratic Republic of Congo (DRC) as profits. For Kamoa-Kakula alone, a mining complex operated in the DRC by the Kamoa Copper company, Ivanhoe Mines announced the sale to a volume of 85,794 tons of copper bringing… Read More Here

Mining in DRC Copper Indepth News New Mining Projects

Ivanhoe Mines Issues Second Quarter 2022 Financial Results, Review of Mine Construction & Exploration Activities

August 15, 2022August 16, 2022 arnbethnic

JOHANNESBURG, SOUTH AFRICA – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) President Marna Cloete and Chief Financial Officer David van Heerden are pleased to announce the financial results for the three and six months ended June 30, 2022. Ivanhoe Mines is a leading Canadian mining company developing and expanding its four principal mining and exploration projects in Southern Africa: the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo (DRC), which commenced commercial production in July 2021; the Platreef palladium, rhodium, nickel, platinum, copper and gold discovery in South Africa; the… Read More Here