New Mining Projects - Copperbelt Katanga Mining

Kamoa-Kakula sets new underground development record with 2,069 meters

October 5, 2020October 11, 2020 admin

Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng “Miles” Sun announced on October 1 that underground development at the Kamoa-Kakula Copper Project totaled 2,069 meters in September, setting a new monthly record for the project and driving development. underground total more than 22.6 kilometers – about 7.0 kilometers, or 44% ahead of schedule, a company statement reported. The monthly project total of 2,069 meters of underground development includes 1,696 meters at the Kakula mine and 373 meters at the Kansoko mine, which is located at the Kamoa deposit – about 10… Read More Here

Mining in Zambia New Mining Projects

Maamba Collieries unveils state-of-the-art coal mining equipment- Zambia

September 29, 2020September 29, 2020 admin

Zambian Mines and Minerals Development Minister Richard Musukwa had this weekend officially inaugurated Maamba Collieries’ (MCL’s) most recent acquisition, a state-of-the-art, high technology surface miner, the company said. MCL thus became the first mining firm in Zambia to operate this state-of-the-art surface miner, which could be used to mine in layers by using a milling drum without the need to drill and blast, MLC said in a statement. “MCL is no stranger to industry-defining mining equipment, being home to the legendary Bucyrus Erie 1260-W Walking Dragline, popularly known as the Zambian Queen, which held… Read More Here

Mining in DRC New Mining Projects

Chinese Society WIETC / SZTC presents to Prime Minister its project to build three mini-dams in Haut-Katanga- DRC

September 28, 2020September 28, 2020 admin

A delegation from the Chinese company under Congolese law WIETC / SZTC, led by its CEO, ZHANG QIYUN, had 0n Wednesday 23 September presented to the prime Minister,, Ilunga Ilunkamba, some projects that it intends to carry out in the Democratic Republic of Congo. WIETC / SZTC notably plans to build three mini hydroelectric dams in the Haut-Katanga province, after prospecting in the field, and is also interested in urban roads in the provinces, and water boreholes precisely in Kasai. His CEO ZHANG QIYUN, during this meeting with the Head… Read More Here

Copper Mining in DRC New Mining Projects

Ivanhoe Mines accelerates the expansion of its Kamoa-Kakula mine site

September 23, 2020September 24, 2020 admin

The Kamoa-Kakula joint venture will immediately order long-lead equipment to accelerate the expansion of the Kakula processing plant from 3.8 million tonnes per year (Mtpa) to 7.6 Mtpa. The challenge is to prepare for an expected increase in demand for copper which will exceed supply in the years to come. Co-Chairs Robert Friedland and Yufeng “Miles” Sun of Ivanhoe Mines announced on Monday, September 21 that the Kamoa-Kakula Copper joint venture has agreed to proceed “immediately with orders for long lead equipment for the second 3.8 concentrator module. million tonnes per… Read More Here

Lithium Mining in DRC New Mining Projects Tin

AVZ Minerals to increase stake in Manono project in the DRC

September 21, 2020September 24, 2020 admin

Mineral exploration company AVZ Minerals has revealed that it will boost its equity stake in the Manono lithium/tin project, in the Democratic Republic of Congo (DRC), to 75% in a $15.5-million share sale purchase agreement. The ASX-listed company will buy an additional 10% equity stake in the project from its joint venture partner, Dathomir Mining. Under the agreement, AVZ has paid $500 000 to Dathomir Mining as an advance payment. The remaining $15-million will be paid at any time within 12 months of the agreement being executed, or as soon… Read More Here

Mining in DRC Copper New Mining Projects

Ivanhoe’s Congo mine productivity peerless among copper giants

September 16, 2020September 16, 2020 admin

With large-scale deposits hard to find (and even harder to bring into production on time and within budget) much has been made of the sheer size of Kamoa-Kakula, Ivanhoe Mines’ project on the central Africa copper belt straddling the DRC and Zambia. A new note by BMO Capital Markets compares Kamoa-Kakula to the world’s 10 largest copper mines based on 2019 production numbers to offer a perspective on the potential of legendary mining financier Robert Friedland’s latest project. “THE UNIQUE SCALE AND GRADE OF THE KAMOA-KAKULA COMPLEX WILL, IN OUR… Read More Here

Mining in Zambia New Mining Projects

Kansanshi sets the stage for potential restart of S3 expansion as reserves rise to 70%

September 15, 2020September 17, 2020 admin

The mineral reserve at TSX-listed First Quantum Minerals’ Kansanshi mine, in Zambia, has increased by 70% to an estimated 842-million tonnes, grading 0.64% copper, while the mine’s mineral resource has increased by 40% to an estimated 939-million tonnes, grading 0.67% copper. This compares with estimates published in 2015 and follows 1.5-million metres of resource expansion drilling. These results have extended the Kansanshi mine life to 24 years. Further, the increased reserve forms the foundation for a potential restart of the S3 Expansion, which will increase the mine’s sulphide, mixed and leach ore processing… Read More Here

New Mining Projects Copper Mining in Zambia

FQM’s Kansanshi Set for Season 3 Expansion Works

September 14, 2020September 17, 2020 arnbethnic

First Quantum Minerals Ltd announced the filing of an updated National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) Technical Report dated June 30, 2020 for the Kansanshi Operations located in the North West Province, Zambia (the “Kansanshi Technical Report”). The updated Kansanshi Technical Report is based on 1.5 million metres of resource expansion drilling and resulting assay data to provide an updated Mineral Reserve and Resource estimates showing an increase of 70% and 40%, respectively, over Reserves and Resources reported in the last update in May 2015, and extends… Read More Here

Mining Supply Tenders Gold Mining in Zambia New Mining Projects

Tender for Construction of a Gold Processing Plant at Kasenseli Gold Mine, Zambia

September 1, 2020September 3, 2020 admin

ZCCM Investments Holdings Plc. has received financing from own sources toward the CAPEX for the 2018/2019 Financial Year, and it intends to apply part of the proceeds of this financing to payments under the Contract for the Construction Works in Kasenseli, Mwinilunga District and Renovations to Zambia Gold Company Limited Offices at ZCCM-IH Office Park in Lusaka; Contract No.: ZCCM-IH/076/2020. ZCCM Investments Holdings Plc now invites sealed bids from eligible and qualified bidders for the Construction Works in Kasenseli, Mwinilunga District and Renovations to Zambia Copper Company Limited Offices at ZCCM-IH… Read More Here

Copper Mining in Zambia New Mining Projects

Lubambe Copper Mines injects $750m to produce 235 metric tonnes

August 30, 2020August 30, 2020 arnbethnic

Lubambe Copper Mines in Chililabombwe town on the Copperbelt has completed the US $750 million extension project. This will see the mine’s production increased to 235 metric tonnes of copper and cobalt ore per year thereby extending mine’s life span to 30 years. Lubambe Copper Mines Chief Executive Officer Nick Bowen said the expanded mine contains an estimated 8.5 million tonnes of copper making it world class. Mr Bowen said the grade at the extended mine is good compared to other mines. He said the average grade at the extended… Read More Here