New Mining Projects - Copperbelt Katanga Mining

Copper Mining in DRC New Mining Projects

TDB, syndicated banks join hands with Trafigura to develop DRC mines

November 22, 2022November 22, 2022 arnbethnic

The Eastern and Southern African Trade and Development Bank (TDB), acting as mandated lead arranger, has closed a syndicated $600-million copper and cobalt development financing facility with commodity trading company Trafigura to advance responsible copper and cobalt mining in the Democratic Republic of Congo (DRC). This follows after Trafigura concluded an initial $600-million financing agreement with Chemaf Resources and Chemaf SA, a leading vertically integrated copper and cobalt producer in the DRC. Trafigura subsequently invited other financial institutions to patriciate in a secondary syndicated transaction, with TDB as the lead arranger. The facility will contribute substantial economic value and social impact for… Read More Here

Copper Mining in Zambia New Mining Projects

BEMETALS DEFINES PRIORITY COPPER TARGETS AND COMMENCES CORE DRILLING AT PANGENI COPPER PROJECT

November 16, 2022November 16, 2022 arnbethnic

BeMetals Corp. (TSXV: BMET, OTCQB: BMTLF, Frankfurt: 1OI.F) is pleased to announce the completion of its 2022 aircore campaign, the definition of copper targets and commencement of core drilling at the Pangeni Copper Project (Pangeni” or the “Project” or the “Property”). The Project is located on the western extension of the prolific Central African Copperbelt in Zambia (the “Zambian Copperbelt”). HIGHLIGHTS OF THE COMPLETED AIRCORE PROGRAM AND CORE DRILLING TARGETS: Note: Intertek Genalysis completed this previously reported analytical work of the intervals above with the core samples processed at their preparation facility in Kitwe,… Read More Here

Mining in DRC Green Energy New Mining Projects

Kamoa Copper’s journey to being one of the world’s lowest greenhouse gas emitters per unit of copper produced

November 16, 2022November 16, 2022 Copperbelt Katanga News

The United Nations’ annual COP27 climate change conference is already well underway in Egypt and the topic of developing and deploying low-carbon technologies, which are critical for the world to achieve its net-zero targets, is high on the agenda. Because the deployment of low-carbon technologies relies heavily on minerals, the mining sector is critical in the fight against climate change. Africa, a continent rich in minerals, will play a leading role in the supply of key minerals such as copper, cobalt and platinum group metals. These minerals are critical for… Read More Here

New Mining Projects Mining in DRC

Ivanhoe Mines third quarter 2022 financial results, plus review of mine construction and exploration activities in DRC

November 15, 2022November 15, 2022 Copperbelt Katanga News

Ivanhoe Mines’ (TSX: IVN; OTCQX: IVPAF) President Marna Cloete and Chief Financial Officer David van Heerden are pleased to present the company’s financial results for the nine months ended September 30, 2022. Ivanhoe Mines is a leading Canadian mining company developing and operating its four principal mining and exploration projects in Southern Africa: expanding the operations of the world-class Kamoa-Kakula Mining Complex in the Democratic Republic of Congo (DRC); building the tier-one Platreef palladium, rhodium, nickel, platinum, copper and gold development in South Africa; restarting the historic, ultra-high-grade Kipushi zinc-copper-lead-germanium… Read More Here

New Mining Projects Mining in DRC

DRC Govt. Endorses New Licence Applications by Congo Ressources SAU

November 14, 2022November 15, 2022 arnbethnic

AJN Resources Inc. (CSE: AJN) (FSE: 5AT) is pleased to announce that further to the Company’s news releases of February 8th and April 19th, 2022, and pursuant to the Memorandum of Understanding (the “MoU”) between the Company and the Government of the Democratic Republic of the Congo (“DRC” or the “State”) announced on February 8th, 2022, which was endorsed by the State as announced on April 19th, 2022, the State has now authorized the Cadastre Minier RDC (DRC Mining Register) (“CAMI”) to accept 22 new applications for exploration permits, which… Read More Here

New Mining Projects Copper Mining in DRC

Kamoa-Kakula produced 33,379 tonnes of filtered copper in concentrate in October 2022

November 9, 2022November 9, 2022 arnbethnic

KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun are pleased to announce today that the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo produced 33,379 tonnes of filtered copper in concentrate during the month of October. At the end of October, there was an additional 5,786 tonnes of floated, but not yet filtered, copper in inventory. This marks the second month in a row that floated and filtered copper production from the Kamoa-Kakula Mining Complex has exceeded 400,000… Read More Here

Battery Metals Mining in Zambia New Mining Projects

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