New Mining Projects - Copperbelt Katanga Mining

Jubilee completes three transactions to expand Zambia tailings projects

September 15, 2021September 15, 2021 admin

Aim- and AltX-listed metals processing company Jubilee Metals Group has made significant further progress at its copper and cobalt tailings projects, in Zambia, with the successful execution of three strategic transactions. The transactions, worth a combined $24.77-million, include the Kitwe tailings project – which includes Project Elephant and the Ndola tailings project – Project Roan and the Mufulira project. With the completion of the transactions, Jubilee will hold a 100% interest across its integrated southern refining strategy, which includes the Sable copper and cobalt refinery with a 14 000 t/y copper… Read More Here

Mining in DRC Diamond New Mining Projects

DRC: MIBA signs memorandum of understanding with Russian firm Alrosa for diamond exploration and production

September 10, 2021September 10, 2021 admin

The Bakwanga Mining Company (MIBA) signs a memorandum of understanding with Russian diamond giant Alrosa with the aim of increasing commercial, technological, scientific and technical cooperation between the two parties. Concretely, the agreement will allow Alrosa in particular to participate in the exploration and production of diamonds in the DRC, in compliance with responsible sourcing standards in this area. This cooperation could result in the formation of a joint venture between the two companies and an investment by Alrosa in the Central African country, a prospect which is already delighting the… Read More Here

Copper Mining in DRC New Mining Projects

Kamoa-Kakula Phase 1 concentrator plant approaching steady-state-design performance

September 7, 2021September 13, 2021 admin

14,815 tonnes of copper produced in August, bringing the year-to-date production to more than 36,700 tonnes Installation of an additional concentrate filter expected by end of October 2021, further boosting copper production Phase 2 concentrator plant construction now 44% complete Mining crews delivered 220,000 tonnes of ore grading a record 6.03% copper from August 1 to 20, including 85,000 tonnes grading 7.55% copper from the centre of the Kakula Mine Surface ore stockpiles continue to grow; now hold 3.59 million tonnes grading 4.77% copper, containing more than 171,000 tonnes of… Read More Here

Diamond New Mining Projects

Botswana Diamonds starts drilling at South African project

September 1, 2021September 1, 2021 admin

Aim- and BSE-listed diamond explorer Botswana Diamonds has started drilling at its Thorny River project, in South Africa. Eight reverse circulation drill holes are planned to drill in-between the recently discovered River and River Extension blows. The drilling programme is expected to take no more than two weeks. The River blow was discovered by the company in November 2020 and covered a modelled surface area of 80 m by 40 m. The River Extension blow, which is less than 100 m east of the River blow, was discovered by the company in… Read More Here

New Mining Projects Mining in Zambia

FQM & Lubambe Mines now pledge to invest over $2.5b in Zambia

August 31, 2021August 31, 2021 arnbethnic

The Zambia Chamber of Mines (ZCM) has disclosed that Zambia’s mining sector is ready to invest in expansion projects worth more than US$2.5 billion next year in Zambia once the industry agrees on mineral royalties with the new Government. ZCM President Dr. Godwin Beene said First Quantum Minerals Limited (FQM) was ready to invest about US$1.5 billion into new expansion projects next year while Lubambe Copper Mine is also ready to invest about US$1.0 billion in expansion projects in the country. He said that the mining companies want the new Government… Read More Here

Cobalt Copper Mining in Zambia New Mining Projects

Chillerton advances Zambian copper-cobalt projects

August 20, 2021August 24, 2021 admin

Chillerton Group, an emerging copper and cobalt development company, has become one of the largest license holders in the Zambian Copperbelt after it was recently awarded a further three large scale mining (LSM) licences in the country. Founded in 2000, Chillerton is an integrated upstream and downstream mining company. It undertakes exploration, mine development, capital raising and development planning at sites across the Zambian Copperbelt. The company’s licenses now cover in excess of 20 000 ha and are located adjacent to existing producing copper mines. The location benefits from good… Read More Here

Mining in DRC Battery Metals Lithium New Mining Projects

AVZ Minerals identifies spodumene-rich zones from new drillholes at Manono lithium-tin project

August 18, 2021August 24, 2021 admin

Wide-spaced resource drilling at the Carriere de l’Este pegmatite deposit within AVZ Minerals’ (ASX: AVZ) Manono lithium-tin project in the Democratic Republic of Congo has confirmed high-grade mineralisation directly beneath thin soil and laterite cover. Assay results from four new “step-out” holes located on section lines along strike from initial drilling in 2017 have identified additional high-grade spodumene-rich zones for future infill resource estimation programs. Best intersections included 12.05 metres at 2.41% lithium oxide and 735 parts per million tin; 21.09m at 2.1% lithium oxide and 943ppm tin; and 16m at 2.49%… Read More Here

Mining in DRC Battery Metals Lithium New Mining Projects Tin

AVZ Minerals’ Manono Lithium and Tin Project on cusp of reaching bankable status

August 18, 2021August 18, 2021 admin

AVZ Minerals Ltd (ASX:AVZ) is only weeks away from receiving all permits and licences required before making a final investment decision for the development of Manono Lithium and Tin Project in the Democratic Republic of Congo (DRC). The latest step in this process has been signing of the final written Environmental and Social Impact Assessment by the Direction de Protection de l’Environnement Minier (DPEM) under the authority of the DRC Ministry of Mines. AVZ has been actively engaged with the DRC Government on all permitting and licence requirements for the project and has exercised its option… Read More Here

Mining in DRC Energy New Mining Projects

Kamoa Copper Facilitates the upgrade of turbine 5 at the Inga II hydropower

August 16, 2021August 24, 2021 admin

Kamoa Copper extends existing financing agreement with DRC’s state-owned power company to facilitate the upgrade of turbine 5 at the Inga II hydropower complex. Turbine 5 to produce 162 MW of renewable hydropower, providing the Kamoa-Kakula Copper Complex and associated smelter with sustainable electricity for Phase 3 and future expansions Combined 240 MW output from the Mwadingusha and Inga II hydropower plants also will benefit local communities. KINSHASA, DEMOCRATIC REPUBLIC OF CONGO – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun are pleased to announce that Ivanhoe Mines Energy… Read More Here

Gold New Mining Projects

Shanta reports fruitful Phase 2 drill results

August 14, 2021August 14, 2021 admin

Aim-listed Shanta Gold has identified visible gold in two intersections across 13 holes drilled in May and June, at the Isulu and Bushiangala deposits, as part of the West Kenya project, in Kenya. The company says the true width of mineralisation is estimated at about 60% to 70% of the intercept core length. Shanta has conducted 3 369 m of drilling during Phase 2 of the project’s drill programme, the results of which included 1 m grading 13.9 g/t gold from 164 m, 3.6 m grading 6 g/t from 214 m and 3 m grading 4.3 g/t from 136 m. The… Read More Here