New Mining Projects - Copperbelt Katanga Mining

DRC: Félix Tshisekedi and Sama Lukonde attended the inauguration of the new KCC research plant in Kolwezi

May 15, 2021May 15, 2021 admin

Over 300,000 tonnes of copper and over 40,000 tonnes of cobalt per year. KCC employs over 10,000 people to date. Kamoto Copper Compagny is a mining company with superlatives. Larger in all areas, Kamoto Copper Company was honored to receive, on May 13, 2021, an extremely rare event, both the visit of the President of the Republic and the Prime Minister. This mining giant, the largest producer of cobalt in the world, weighs nearly 6 billion US dollars in investment. It is also the largest producer of copper in Africa and the… Read More Here

Mining in DRC Copper New Mining Projects

Ivanhoe Mines issues Q1 financial results and review of mine construction progress and exploration activities

May 14, 2021May 14, 2021 arnbethnic

Copper production at the Kamoa-Kakula Mine to begin imminently; first phase projected to produce approximately 200,000 tonnes of copper per year Kamoa-Kakula’s Phase 2 expansion, scheduled for Q3 2022, will double annual copper output to approximately 400,000 tonnes Ivanhoe Mines pledges net-zero greenhouse gas emissions at the Kamoa-Kakula Copper Mine Expanded 2021 exploration program underway on Ivanhoe’s Western Foreland licences, searching for DRC’s next tier-one copper discovery Development of the world-scale Platreef palladium, platinum, rhodium, nickel, copper and gold project in South Africa making good progress TORONTO, CANADA ‒ Ivanhoe Mines… Read More Here

Mining in DRC Copper New Mining Projects

Kamoa Copper SA to Start of Production in One Month

May 11, 2021May 11, 2021 arnbethnic

With the first phase of installation of the 3.8-Mtpa concentrator being 98% complete, Kamoa Copper can begin, one month in advance, the next phase of commissioning. The commissioning phase of Kamoa Copper SA’s C4 concentrator, which includes ore grinding and the first production of copper concentrate, is expected to begin between the end of May and early June 2021. Thanks to accelerated construction and a smooth start-up, the first phase of installation of the Kamoa Copper mill, with a capacity of 3.8 Mtpa, is coming to an end. Most of… Read More Here

New Mining Projects Battery Metals Lithium Mining in DRC

DRC Council of Ministers approves the draft decree relating to collaboration between Govt and AVZ MINERALS LTD

May 9, 2021May 9, 2021 arnbethnic

The second meeting of the Council of Ministers held on Friday, May 08, approved the Draft Decree approving the collaboration agreement signed between the government of the DRC and the firm AVZ MINERALS LTD. This draft decree presented by the Minister of Industry, Julien Paluku Kahongya, was referred to the competent interministerial Commission before its return to the Council of Ministers for adoption. “The Draft Decree approving the Cooperation Agreement signed between the Government of the Democratic Republic of the Congo and the firm AVZ MINERALS LTD as well as the… Read More Here

Hydro power plant Copper Energy Mining in DRC New Mining Projects

Ivanhoe Mines pledges net-zerogreenhouse gas emissions at the Kamoa-Kakula Copper Mine

May 5, 2021May 6, 2021 arnbethnic

Kamoa-Kakula aims to become the first net-zero carbon emitter among the top-tier copper mines by electrifying its mining fleet LONDON, ENGLAND – Robert Friedland, Ivanhoe Mines’ Executive Co-Chair, announced today May, 5, 2021 that Ivanhoe Mines has pledged to achieve net-zero operational greenhouse gas emissions (Scope 1 and 2) at the industry-leading Kamoa-Kakula Copper Mine in the Democratic Republic of Congo. Mr. Friedland made the announcement in advance of his participation in a virtual fireside discussion at the 2021 Goldman Sachs Copper Day later today. In support of the Paris… Read More Here

Mining in DRC Gold New Mining Projects

Rackla Metals to Acquire the Misisi Gold Project in DRC

May 5, 2021May 5, 2021 admin

Rackla Metals Inc. (“Rackla” or the “Company”) (TSXV-RAK) is pleased to announce it has entered into an agreement to acquire a 73.5% interest in the Misisi Gold Project (“Misisi” or the “Project”) located in the Democratic Republic of the Congo (“DRC”). The Project is comprised of three contiguous mining leases, valid until 2045, covering 133 square kilometres and includes the Akyanga deposit which hosts an Inferred Resource of 3.1 million ounces of gold averaging 2.16 grams per tonne gold. In conjunction with the Company’s shift in focus to Africa, Rackla is… Read More Here

Lithium Battery Metals Mining in DRC New Mining Projects Tin

Manono Lithium and Tin Project Operational Update

May 4, 2021May 10, 2021 admin

AVZ Minerals Limited (ASX:AVZ or “the Company”) is pleased to provide an operational update in relation to its flagship project, the Manono Lithium and Tin Project (“Manono Project”).AVZ Minerals Managing Director, Mr. Nigel Ferguson said: “Buoyant market conditions continue with both spodumene concentrate and lithium chemical prices strengthening on the back of rising electric vehicle demand, just as international Government policies advance the reduction of carbon emissions whilst securing strategic supply chains that feed domestic EV industries across the globe.” “Both market and geopolitical factors have fuelled a steep increase… Read More Here

Mining in DRC Copper New Mining Projects

Kamoa-Kakula to begin copper production within a month

May 3, 2021May 3, 2021 arnbethnic

Kamoa-Kakula to begin copper production within a monthMining crews deliver a record 409,000 tonnes of ore grading 5.71% copper in April, including 121,000 tonnes grading 8.40% copper from the centre of the Kakula MinePre-production ore stockpiles now hold three million tonnes grading 4.74% copper, containing more than 140,000 tonnes of copperKamoa-Kakula’s first phase, 3.8-Mtpa concentrator 98% complete, with advanced-stage commissioning underwayPhase 2 expansion to 7.6 Mtpa progressing well toward a Q3 2022 start-up; study work underway for Phase 3 expansion to 11.4 MtpaAgreement signed for an additional 162 MW of hydropower, providing Kamoa-Kakula ample power for future expansions and… Read More Here

Copper Mining in Zambia New Mining Projects

Jubilee’s Project Roan starts producing copper

April 30, 2021May 2, 2021 admin

Dual-listed Jubilee Metals’ Project Roan has started production of intermediate copper concentrate for refining at the company’s Sable Refinery, in Zambia. The construction of Phases 2 and 3 remain on target. The copper and cobalt tailings are located in three central locations, Project Roan, Project Elephant 1 and Project Elephant 2. Jubilee plans to build a processing facility at each of the three locations. The extent of the processing facilities is determined by the refining capacity at its Sable Refinery, which is currently limited to 14 000 t/y, though Jubilee has a set target to expand its access to refining capacity, to achieve a targeted 25 000 t/y of copper. The first of… Read More Here

Mining in DRC Electricity Energy New Mining Projects

Ivanhoe Signs Agreement to boost hydropower at Kamoa-Kakula

April 26, 2021May 2, 2021 admin

Turbine 5 to produce 162 MW of renewable hydropower, providing the Kamoa-Kakula Copper Complex and associated smelter with sustainable electricity for future expansions Democratic Republic of Congo’s President Félix Tshisekedi expresses support for the Turbine 5 upgrade at Inga II Voith Hydro of Germany to be appointed as lead contractor for the Turbine 5 project Upgrading of the Mwadingusha hydropower plant is nearing completion to generate 78 MW of hydropower for the first two phases of copper production at Kamoa-Kakula Combined 240 MW output from the Mwadingusha and Inga II… Read More Here