New Mining Projects - Copperbelt Katanga Mining

How Madagascar is rebooting its mining sector

November 5, 2020November 5, 2020 Arnie

The Malagasy government’s ambitions to reform mining legislation has been accelerated by the COVID-19 pandemic, following a failed attempt to introduce a new mining code in November 2019. The drive for reform stems from widespread perceptions nationally that mining projects have failed to deliver expected outcomes or benefits, particularly in terms of government revenues and local content contributions. The combination of outdated tax policies, commodity prices fluctuations and governance shortcomings have all contributed to relatively poor performance of the sector, which has been compounded by poor public perceptions towards the… Read More Here

Cobalt Mining in DRC New Mining Projects

A Chinese firm ” Nanjing Hanrui Cobalt ” to start cobalt production in Kolwezi by December 2020 | DRC

November 4, 2020November 4, 2020 Johannsen

The Chinese company Nanjing Hanrui Cobalt plans to start its cobalt production line in the Democratic Republic of the Congo between the end of November and December 2020, its general manager Liang Jie said on Wednesday, reports Mining News Pro. With a production capacity of 5,000 tons / year in Kolwezi, ” Nanjing Hanrui Cobalt ” which was due to be commissioned earlier in the year, has been delayed by the COVID-19 pandemic, according to Liang on the sidelines of the China international nickel and cobalt conference in Nanjing. The company was… Read More Here

Mining in DRC New Mining Projects

Kamoa-Kakula achieves another monthly development record

November 3, 2020November 3, 2020 admin

Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) announced on Monday that the underground development at the Kamoa-Kakula copper project in the Democratic Republic of Congo (DRC) totalled 2,172 metres in October, a new monthly record. The result brings total underground development to 24.7 kilometres – approximately 7.9 kilometres ahead of schedule. According to Ivanhoe, mining crews produced a combined 194,000 tonnes of ore in October from the Kakula and Kansoko mines, which was 48% higher than achieved in September. The project’s pre-production surface stockpiles now contain approximately one million tonnes of high-grade and medium-grade ore at an estimated grade… Read More Here

Copper Mining in Zambia New Mining Projects

Castillo Copper confirms eight priority targets at its Mkushi project

November 3, 2020November 9, 2020 admin

LSE and ASX-listed base metal explorer Castillo Copper has confirmed eight priority targets at its 100% owned Mkushi project in Zambia’s copper-belt following its recently completed systematic infillsoil sampling campaign. The campaign, which comprised 702 infill samples analysed using a portable XRF analyser, was conducted to reduce the spacing between samples and lines and derive a better understanding of copper anomalism apparent within the tenure boundaries. Including previous work, some 1 899 samples have been collected across two campaigns. The Mkushi project contiguously surrounds an operating open-pit copper mine in a… Read More Here

New Mining Projects Copper Mining in Zambia

Drill results confirm Fwiji as a major target, says Arc Minerals | Zambia

November 1, 2020November 3, 2020 arnbethnic

Aim-listed Arc Minerals has announced the first set of assay results from the laboratory confirming the presence of near-surface copper mineralisation at the Fwiji prospect, in Zambia. The first Fwiji drill results have confirmed significant mineralisation, the company notes. High-grade sulphide mineralisation has been intersected. Arc noted good thicknesses and grades including the highest-ever 7% copper grade intersection. Visual appraisal of the subsequent holes has confirmed further mineralisation at Fwiji. “The initial drilling results at the Fwiji prospect have once again surpassed our expectations with evidence of significant sulphide and oxide mineralisation and, more importantly, showing… Read More Here

Mining in DRC Copper New Mining Projects

Ivanhoe Mines files an updated technical report for Kamoa-Kakula copper project | DRC

October 24, 2020October 24, 2020 arnbethnic

Ivanhoe Mines today announced from Vancouver, Canada that the company has filed an updated National Instrument 43-101 (NI 43-101) technical report covering the Kamoa-Kakula 2020 Integrated Development Plan (Kamoa- Kakula IDP20), indicates a press release consulted by DESKECO. This updated NI 43-101 technical report includes the independent definitive feasibility study for the development of the Kakula copper mine; with an updated pre-feasibility study that includes ore mined from the nearby Kansoko copper mine in addition to ore mined from Kakula; and an updated and expanded preliminary economic assessment of the comprehensive development… Read More Here

Mining in DRC Copper New Mining Projects

Kakula copper mine underground development enters very high grade ore zone | DRC

October 24, 2020October 24, 2020 arnbethnic

Underground development at the Kakula Copper Mine enters zone of ultra-high-grade ore. Kakula’s northern and southern access drives to connect next month, allowing highly-productive stoping operations to begin in centre of orebody in +8% copper. Excellent construction progress being made on Kakula’s concentrator plant; first production now expected in July 2021 KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Robert Friedland and Yufeng “Miles” Sun, Co-Chairmen of Ivanhoe Mines, announced on the 19th of this month that excellent progress is being made advancing underground mine development at the Kakula Mine in the… Read More Here

Mining in DRC New Mining Projects

Ivanhoe nears completion of Kakula mine development, processing plant

October 20, 2020October 20, 2020 admin

Thanks to the “excellent” progress that has been made by TSX-listed Ivanhoe Mines in advancing the underground development of the Kakula mine, in the Democratic Republic of Congo (DRC), only 260 m of tunnelling remains until the access drives are connected. The northern and southern dual access drives are expected to be connected by next month, allowing highly productive stoping operations to begin in high-grade zones of the mine. Ivanhoe co-chairperson Robert Friedland says the development of the dual access drives from Kakula’s northern decline has entered a zone of chalcocite-rich ore grading… Read More Here

Copper Mining in DRC New Mining Projects

Kamoa Discovery Team Ivanhoe | DRC

October 19, 2020October 19, 2020 arnbethnic

Key initial projections from the Kakula 2020 DFS The study evaluates the development of a stage one, 6-Mtpa underground mine and surface processing complex at the Kakula Deposit of 7.6 Mtpa, built in two modules of 3.8 Mtpa, with the first already under advanced construction. The first module of 3.8 Mtpa commences production in Q3 2021, and the second in Q1 2023. The life-of-mine production scenario provides for 110 million tonnes to be mined at an average grade of 5.22% copper, producing 8.5 million tonnes of high-grade copper concentrate, containing… Read More Here

Mining in DRC New Mining Projects

Commodities trader Trafigura plans to restart copper mine in Congo

October 9, 2020October 9, 2020 admin

Commodity trading company Trafigura plans to restart its copper mine in Democratic Republic of Congo (DRC). The latest news comes after the DRC Prime Minister’s meeting with the commodities trader, Reuters reported. Trafigura’s mining head Emmanuel Henry told Prime Minister Sylvestre Ilunga Ilunkamba that the mine had faced several operational difficulties due to “unstable” prices of copper. He said that the company aims to reopen the mine after its temporary closure, according to Prime Minister’s office statement. Trafigura’s Mawson West mine is located north of Lake Mweru in Haut-Katanga province in DRC.… Read More Here