New Mining Projects - Copperbelt Katanga Mining

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

New Mining Projects Copper Mining in Zambia

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