New Mining Projects - Copperbelt Katanga Mining

Mining in DRC Copper New Mining Projects

Kamoa Copper SA Mining crews produce a record 548,000 tonnes of ore in November as mining ramps up in advance of the Phase 2 concentrator start-up

December 9, 2021December 10, 2021 arnbethnic

A total of 548,000 tonnes grading 5.46% copper was mined during the period from October 21 to November 20, including 362,000 tonnes grading 6.60% copper from the Kakula Mine’s high-grade centre and 63,000 tonnes grading 3.61% copper from the Kansoko Mine. Mark Farren, CEO of Kamoa Copper, commented: “548,000 tonnes of ore mined is a major increase compared to our previous monthly record of 409,000 tonnes mined. We expect to see continued growth in monthly mine production as we introduce additional mining crews to fill the second concentrator. We remain… Read More Here

Energy Mining in DRC New Mining Projects

Kamoa Copper’s green energy focus now on the Inga II hydropower plant to power Kamoa expansions

December 9, 2021January 25, 2022 admin

In August 2021, Kamoa-Kakula’s energy company signed an extension of the existing financing agreement with the DRC’s state-owned power company SNEL to upgrade turbine 5 at the Inga II hydropower complex. Since June 2021, rehabilitation scoping works and technical visits have been conducted by Stucky Ltd. of Renens, Switzerland, and Voith Hydro of Heidenheim, Germany, a leading engineering group. Voith Hydro, the contractor for the turbine 5 upgrade, has successfully rehabilitated two turbine generators at the adjoining Inga I hydropower plant, a project that was financed by the World Bank.… Read More Here

New Mining Projects Cobalt Copper Mining in DRC

Kamoa-Kakula Phase 2 Expansion Now 70% Complete, on Track for Early Start-up in Q2 2022

December 9, 2021December 9, 2021 arnbethnic

Record copper production in November tops 18,270 tonnes, bringing year-to-date production to more than 87,000 tonnes as at November 30, 2021 Earthworks commenced for a new box cut to access Phase 3 mining areas; Phase 3 concentrator targeted by end of 2024 Engineering for Kamoa Copper’s direct-to-blister smelter underway; long-lead items for smelter to be ordered in Q2 2022 Mining crews deliver a record 548,000 tonnes of ore grading 5.46% copper in November, including 362,000 tonnes grading 6.60% copper from the centre of the Kakula Mine Record mining production in… Read More Here

Mining in DRC Copper Mining technology New Mining Projects

DRC: Zijin approves USD 769 million investment in copper smelter

November 24, 2021November 29, 2021 admin

Zijin Mining announced Tuesday that its board of directors has approved a $ 769 million smelter investment for its Kamoa-Kakula copper project alongside Ivanhoe Mines in the Democratic Republic of Congo (DRC). The company will reduce the partners’ reliance on third-party smelters to process their ore and make blister, a partially purified form of copper. The 500,000-ton-per-year direct smelter will be Africa’s largest copper smelter and one of the world’s largest single-line smelters, Ivanhoe said last week when announcing the award of the basic engineering contract to China Nerin Engineering Co. The $ 769 million,… Read More Here

Copper Mining in DRC New Mining Projects

Kamoa Copper awards China Nerin Engineering contract for copper smelter

November 18, 2021November 19, 2021 admin

Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun are pleased to announce that Kamoa Copper has awarded China Nerin Engineering Co., Ltd. (Nerin) of Jiangxi, China, with the basic engineering contract for the planned, direct-to-blister flash smelter at the Kamoa-Kakula Copper Complex that will incorporate leading-edge technology supplied by Metso Outotec of Espoo, Finland, and have a nameplate capacity of 500,000 tonnes a year of approximately 99%-pure blister copper. The contract was signed earlier today by Mark Farren, CEO of Kamoa Copper, and Wu Runhua, General Manager… Read More Here

Copper Mining in DRC New Mining Projects

Ivanhoe Mines records a profit of $85.4 million in Q3

November 16, 2021November 16, 2021 admin

Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) today announced its financial results for the three and nine months ended September 30, 2021. This quarter marks the first quarter of commercial production at the company’s Kamoa-Kakula Copper joint-venture in the Democratic Republic of Congo (DRC). Ivanhoe Mines also is advancing development of the Platreef palladium-rhodium-platinum-nickel-copper-gold discovery in South Africa, which is scheduled to begin production in 2024, and is upgrading the historic Kipushi zinc-copper-lead-germanium mine, also in the DRC, for a resumption of production. Ivanhoe also is exploring for new copper discoveries on… Read More Here

Gold New Mining Projects

Asante Gold to start producing at Bibiani in 2022

November 10, 2021November 10, 2021 admin

Canada’s Asante Gold (TSX-V: ASE), a pure gold exploration and development company, has updated its timeline to restart its past-producing Bibiani gold mine in Ghana. The Vancouver-based miner, which completed the acquisition of Bibiani from Australia’s Resolute Mining (ASX, LON: RSG) mid-August, expects to begin production at the asset in the third quarter of 2022. Mining contractor tenders had been invited and mobilization is anticipated for early next year, Asante said. More than 200 people were on site last month and the company said the process plant refurbishment was slightly ahead of schedule and on budget. Asante aims to produce about… Read More Here

Mining in DRC New Mining Projects Tin

Alphamin progresses DRC exploration, identifies cassiterite intercepts at Mpama North

November 9, 2021November 9, 2021 admin

Dual-listed Alphamin Resources, which produces about 4% of the world’s mined tin from its operations in the Democratic Republic of Congo (DRC), has identified a strike extension at its Mpama North mine, from visual cassiterite drilling intercepts. Additionally, the Mpama South high-grade assay results were received and now include drilling intercepts within 200 m of the Mpama North orebody. Indications following these results note that Mpama South and Mpama North are zones of high-grade mineralisation offset and displaced by a fault, and that the areas now have the potential for… Read More Here

Copper Mining in DRC New Mining Projects

KAMOA COPPER S.A. – RIGHT ON SCHEDULE

November 8, 2021November 14, 2021 admin

International mining consultant Wood Mackenzie has recognised the mineral resources at Kamoa Copper as the world’s largest undeveloped, high-grade copper discovery. This ambitious mine development is a joint venture between Ivanhoe Mines (39.6%), Zijin Mining Group (39.6%), the Government of the Democratic Republic of Congo (20%) and Crystal River Global Limited (0.8%). Kamoa Copper is approximately 25km west of the town of Kolwezi and about 270km west of the provincial capital, Lubumbashi. The site consists of a series of very large, ultra-high-grade, near-surface, flat-lying stratiform copper deposits with adjacent prospective… Read More Here

New Mining Projects Mining in DRC

Kamoa-Kakula Sets New Daily Production Record of 729 Tonnes of Copper

November 1, 2021November 1, 2021 arnbethnic

MilestonesKamoa-Kakula Sets New Daily Production Record of 729 Tonnes of Copper; Approximately 63,000 Tonnes of Copper Produced Year-to-date to October 20, 2021 Phase 1 concentrator plant now operating at steady-state design; optimization work underway to further enhance operating performance2021 production guidance range for copper in concentrate raised to 90,000 to 95,000 tonnesPhase 2 concentrator approximately 60% complete, with construction team achieving 4 million hours worked without a lost-time injuryPlanning underway for a new box cut and decline to access mining areas for Phase 3 expansionMining crews delivered 395,000 tonnes of… Read More Here