New Mining Projects - Copperbelt Katanga Mining

Re-opening of Mufumbwe’s Kalengwa copper mine still undecided

August 15, 2022August 15, 2022 arnbethnic

Expansion of Zambia’s total annual copper production remains a challenge as the re-opening date of Mufumbwe’s Kalengwa mine which is believed to have the highest copper ore grades in Zambia remains undecided. North-Western Province Permanent Secretary – PS disclosed that he is yet to meet Moxico Resources Zambia (MRZ), a company which has taken over the running of Kalengwa mine in Mufumbwe District as to be able to determine the reopening date of Kalengwa copper mine. Speaking in an exclusive interview, the North-Western Province PS Grandson Katambi said the new… Read More Here

Mining in Zambia Exploration New Mining Projects

Galileo starts drilling on Luansobe copper project in Zambia

August 8, 2022August 8, 2022 arnbethnic

London-listed Galileo Resources has commenced a 3 000 m core drilling programme on their Luansobe copper project, in Zambia. The programme has been designed to infill gaps in historic drilling and twin selected holes, with a particular focus on shallow up-dip projections of the deposit. The company has relogged historical drill core data dating from the 1950s and 1960s, with core from five holes being split for assaying of possible copper-bearing zones not previously recognised or considered of interest by earlier operators. In this, assay results have returned 16 m grading 1.20% copper from 58 m, and 14 m grading 0.99% copper from 70 m.… Read More Here

Battery Metals Lithium Mining in DRC New Mining Projects

AVZ extends share suspension

July 15, 2022July 15, 2022 admin

Lithium hopeful AVZ Minerals on Friday extended the voluntary suspension of its share trade on the ASX as it still awaits the grant of a mining licence for its Manono lithium and tin project, in the Democratic Republic of Congo (DRC). AVZ in early May announced that the DRC Minister of Mines had signed a ministerial decree to award the mining licence to Dathcom Mining SA, in which AVZ holds a 75% interest. The mining licence was expected to be issued after the payment of surface rights fees. However, by May 11, AVZ had requested a suspension of… Read More Here

Copper International New Mining Projects

ANGLO AMERICAN ANNOUNCES FIRST COPPER PRODUCTION FROM QUELLAVECO PROJECT IN PERU

July 12, 2022July 12, 2022 admin

Anglo American plc announces first production of copper concentrate from its Quellaveco project in Peru – a major milestone as Quellaveco nears completion ahead of receiving final regulatory clearance for commercial operations to begin. Tom McCulley, who has led Anglo American’s development of Quellaveco, said: “First copper production at Quellaveco is a key milestone in our delivery of this world-class asset, on time and on budget. The fact that we are today producing copper less than four years after project approval, including through two years of considerable pandemic-related disruption, is… Read More Here

Mining in Zambia New Mining Projects

FQM To Create 2400 Jobs

July 11, 2022July 11, 2022 arnbethnic

First Quantum Minerals Limited – FQM is this year expected to employ 2400 people at its Trident Mine Limited in Kalumbila District and Kansanshi Mining Plc in Solwezi District of North Western Province. This comes after FQM, which runs both mines, announced an investment of over US$1.2 billion at Kansanshi Mining Plc and the opening of Enterprise Mine at Trident Limited which will be Mining Nickel. FQM Chief Executive Officer TRISTAN PASCAL says 1800 people will be employed during the expansion of Kansanshi mine. He adds that the Enterprise Mine,… Read More Here

Nickel Mining in Zambia New Mining Projects

Enterprise Nickel Mine is edging closer to completion, and becoming a global top-10 nickel mine

July 5, 2022July 5, 2022 arnbethnicNickel, Zambia

The 8 May 2022 announcement that Enterprise Nickel Mine would be brought online within 12 months after a final $100 million cash injection from First Quantum Minerals (FQM) was met with much fanfare, during a buoyant week for Zambia at the Investing in African Mining Indaba. Mining For Zambia takes a look at the progress that has been made in the weeks following the news, and the impact that a large-scale nickel mining operation will have on North-Western Province and Zambia as a whole. *** Fifteen kilometres from First Quantum Minerals’ (FQM’s) Sentinel… Read More Here

Mining in DRC Copper New Mining Projects

Kamoa Copper reports record quarterly production of 87,314 tonnes of copper in Q2 2022

July 5, 2022July 5, 2022 arnbethnic

Kamoa Copper reports record quarterly production of 87,314 tonnes of copper in Q2 2022 Kamoa-Kakula produces record 30,379 tonnes of copper in June, Phase 2 achieves steady-state production at the end of May Ivanhoe Mines joins United Nations Global Compact, the largest corporate sustainability initiative in the world Basic engineering complete for Kamoa Copper’s Phase 3 direct-to-blister flash smelter; orders for long-lead time equipment underway Ivanhoe Mines to issue Q2 2022 financial results and host conference call for investors on August 15 KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Ivanhoe Mines (TSX: IVN; OTCQX:… Read More Here

Mining in Zambia Lithium New Mining Projects Rare Earth Minerals

All Star completes due diligence on South African, Zambian projects

June 14, 2022June 20, 2022 admin

AQSE-listed mining investing company All Star Minerals has announced the successful completion of its due diligence over the Blesberg lithium and tantalum project in South Africa and the Nkombwa Hill tantalum, rare earth elements and phosphate project in Zambia. This followed All Star’s announcement on April 21 that it had entered into a heads of agreement (HoA) with mining investment firm Gathoni Muchai Investments. The due diligence process included site visits, analyses of the technical aspects of the underlying deposits and their Joint Ore Reserves Committee- (Jorc-) and South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves- (Samrec-) compliant resources,… Read More Here

New Mining Projects Mining in Zambia

NEW REPORT HIGHLIGHTS BIGGER PICTURE OF FQM’S INVESTMENT IN THE ZAMBIAN ECONOMY

May 29, 2022May 29, 2022 arnbethnic

The US$1.35 billion of upcoming investments by First Quantum Minerals are set to boost the economy of North-Western Province by creating new jobs and generating more business for local firms, according to a new report launched this week by leading economist Professor Oliver Saasa.FQM’s Kansanshi S3 Expansion Project and Enterprise Nickel Project will also boost the economy of the country as a whole and increase tax revenue, said Prof. Saasa and his co-author Shebo Nalishebo in their report, Evaluation of Economic Impact of Planned First Quantum Minerals Investments in Zambia.“There exist… Read More Here

New Mining Projects Mining in DRC

AJN Resources & Congo Resources sign a partnership for the development & promotion of Congolese mining assets

May 23, 2022May 23, 2022 arnbethnic

Anxious to enhance and promote its mining assets, the Government of the Democratic Republic of Congo through the Ministry of Portfolio has formalized a partnership with AJN Resources with a view to the creation of the company “CONGO RESSOURCES”. This in accordance with the orientations and options raised during the 49th meeting of the Council of Ministers held under the leadership of the Head of State Félix Tshisekedi. The main objective of this new company will be to hold various unexploited permits with high mining potential and to promote them through the… Read More Here