New Mining Projects - Copperbelt Katanga Mining

Prospect Resources Confirms Copper Mineralisation at Mumbezhi Project in Zambia

September 3, 2025September 3, 2025 Constance

Prospect Resources Identifies Major Copper Target at West Mwombezhi, Zambia, as Diamond Drilling Commences Prospect Resources Limited (ASX:PSC) has announced that its recent aircore drilling program at the West Mwombezhi prospect in north-west Zambia has returned highly anomalous copper mineralisation at shallow depths, covering over 1 km of strike. The results highlight a new, high-potential target within the company’s Mumbezhi Copper Project, where Prospect holds an 85% interest. The newly identified target aligns with a well-defined 1.5 km north-northeast trending copper anomaly, originally detected through regional termite mound geochemical sampling.… Read More Here

Mining in DRC Battery Metals Corporate News Lithium New Mining Projects

KoBold Metals Expands Lithium Exploration in DRC with Seven New Permits

August 28, 2025August 28, 2025 Constance

KoBold Metals Secures Seven Lithium and Critical Mineral Permits in DRC Amid U.S. Investment Push KoBold Metals, the mineral exploration company backed by U.S. billionaires Jeff Bezos and Bill Gates, has secured seven new permits to explore lithium and other critical minerals in the Democratic Republic of Congo (DRC). The licenses were awarded weeks after the Berkeley, California-based company signed an exploration agreement with the Congolese government, part of a broader strategy to attract American investment into the country’s mining sector. The DRC is the world’s largest producer of cobalt,… Read More Here

Mining in Uganda Gold New Mining Projects

Uganda Launches First Industrial Gold Mine as Wagagai Project Goes Live

August 25, 2025August 25, 2025 Constance

Uganda Inaugurates Wagagai Gold Mine, Marks Entry into Large-Scale Mining Uganda has officially launched its first industrial gold mine with the inauguration of the Wagagai project, marking a major milestone for the country’s mining sector. Until now, Uganda had no large-scale mining operations, despite gold being a key export. Wagagai Mining (U) Limited, a wholly owned Chinese subsidiary of China Liaoning Hongda, invested $250 million to develop the mine. The Presidency confirmed the launch on August 16, signaling Uganda’s entry into large-scale gold production. The timing coincides with a sharp… Read More Here

Mining in Zambia Copper Corporate News Economy New Mining Projects

President Hichilema Inaugurates $1.25 Billion Kansanshi Mine Expansion, Securing Zambia’s Copper Growth

August 21, 2025August 22, 2025 Constance

Zambia Secures $1.25 Billion Mining Boost as President Hichilema Commissions Kansanshi S3 Expansion President Hakainde Hichilema officially commissioned the $1.25 billion Kansanshi S3 Expansion by First Quantum Minerals (FQM), a landmark investment set to transform Zambia’s mining sector, extend the life of Africa’s largest copper mine, and power economic growth for decades to come this week. The S3 Expansion will prolong the operation of Kansanshi Mine into the 2040s while significantly boosting copper output. The project features the opening of a new mining pit known as the South East Dome,… Read More Here

International Copper New Mining Projects

Hercules Metals Secures Major Expansion of Leviathan Copper Belt with Barrick Gold Deal in Idaho

July 30, 2025July 30, 2025 Constance

Hercules Metals Expands Control Over Idaho’s Leviathan Copper Belt Through Strategic Deal with Barrick Gold Canadian exploration company Hercules Metals has entered a strategic agreement with Barrick Gold to consolidate control over a 73-kilometer copper belt surrounding its flagship Leviathan discovery in Idaho. Announced Monday, the deal grants Hercules the option to acquire the “Olympus” claims — over 29,950 hectares of unpatented mining ground — from Barrick’s U.S. subsidiary. The acquisition would be made through staged payments totaling C$8 million over three years. Hercules may fulfill these payments in cash… Read More Here

International Copper New Mining Projects

Fluor Finalizes Role in Barrick’s Multibillion-Dollar Reko Diq Copper Project in Pakistan

July 30, 2025July 30, 2025 Constance

Fluor Secures Final Approval for Major Reko Diq Copper Project in Pakistan with Barrick Mining U.S.-based engineering firm Fluor has received the final notice to proceed from Barrick Gold Corporation for the development of the Reko Diq copper-gold project in Pakistan, a multibillion-dollar venture expected to significantly boost the country’s mining sector. Fluor was appointed as the lead engineering, procurement, and construction management (EPCM) partner by Barrick in April. The company confirmed that it booked its portion of the contract in the second quarter of 2025. While the total contract… Read More Here

International Gold New Mining Projects

Kavango Resources Identifies Key Structural Controls on Gold Mineralisation at Hillside Project in Zimbabwe

July 29, 2025July 29, 2025 Constance

Kavango Confirms Shear Zone Gold Targets at Hillside Project in Zimbabwe’s Filabusi Greenstone Belt London-listed Kavango Resources has released its first technical update on the structural geology of its Hillside gold project, located in Zimbabwe’s Filabusi Greenstone Belt. The analysis, conducted in collaboration with Murgana Structural Consulting of Sofia, Bulgaria, provides valuable insight into the geological setting of three priority prospects: Nightshift, Bill’s Luck, and Steenbok. At all three sites, gold-bearing quartz veins have been confirmed within well-developed shear zones. These findings represent significant structural controls on mineralisation. Preliminary interpretations… Read More Here

Mining in DRC Battery Metals Corporate News New Mining Projects

KoBold Metals Files for Exploration Permits with CAMI in the DRC

July 27, 2025July 27, 2025 Constance

KoBold Metals Seeks Over $1 Billion Lithium Investment in DRC Amid Legal Dispute Over Manono Mine Benjamin Katabuka, CEO of KoBold Metals in the Democratic Republic of Congo, officially submitted exploration permit applications to the DRC’s Mining Registry last Wednesday. Following the submission, Katabuka held a high-level meeting with Popol Mabolia Yenga, CEO of the Mining Cadastre. This development comes on the heels of a strategic agreement signed on July 17, 2025, between the Congolese government and KoBold Metals, an American start-up leveraging artificial intelligence to locate and extract critical… Read More Here

Mining in Zambia Corporate News New Mining Projects

FQM REPORTS Q2 RESULTS AND S3 PROJECT COMPLETION

July 24, 2025July 24, 2025 Constance

The development of First Quantum Minerals’ Kansanshi S3 expansion project in North-Western Province is nearing completion, with first copper production forecast for the second half of this year. The update comes as FQM announced its global financial and operating results for the second quarter of 2025, reporting gross profits of US$351 million for the second quarter, a 6 percent increase compared to the previous quarter, attributed to higher copper and gold prices. FQM’s total copper production worldwide for the second quarter was 91,069 tonnes, a 9 percent decrease from the… Read More Here

Copper Corporate News Gold New Mining Projects

Tertiary Minerals Starts New Drilling at Mushima North After High-Grade Silver Hits

July 21, 2025September 29, 2025 Constance

Tertiary Minerals Launches 1,500m Drilling Campaign at Mushima North, Zambia After High-Grade Silver, Copper and Zinc Results AIM-listed Tertiary Minerals has commenced a planned 1,500-metre air-core and reverse-circulation (AC/RC) drilling programme at its Mushima North Project in north-west Zambia, focused on Target A1. The programme is designed to test the strike and downdip extensions of the polymetallic mineralisation discovered in late 2024. The follow-up campaign follows encouraging late-2024 results that the company reports as silver-rich intervals with associated copper and zinc — not gold. Reported intersections from the initial programme… Read More Here