New Mining Projects - Copperbelt Katanga Mining

GoviEx Launches 2025 Field Season to Expand Uranium Resources at Zambia’s Muntanga Project 1

GoviEx Uranium has officially launched its 2025 field season at the Muntanga uranium project in Zambia, signaling a major step forward in its goal to improve the project’s long-term economics and resource base. After four years of extensive studies culminating in a positive feasibility report—with a post-tax net present value (NPV) of $243 million—the company is expanding its exploration program. The new phase focuses on increasing resource size, extending the life-of-mine, and identifying new deposits to enhance the project’s overall scale and value. The 2025 exploration campaign includes approximately 3,500… Read More Here

Mining in DRC Copper Exploration New Mining Projects

Barrick Mining Sets Sights on DRC Copper as Exploration Begins in Haut Katanga

June 16, 2025June 16, 2025 Constance

Barrick Mining, best known for its gold operations through its Kibali subsidiary in Doko, has begun copper exploration efforts in Haut-Katanga, Democratic Republic of Congo (DRC), signaling a potential expansion into the country’s critical copper sector. For the past two years, Barrick has held exploration permits in the mineral-rich Haut-Katanga province, allowing it to carry out copper prospecting activities. These developments were confirmed by Cyril Mutombo, Barrick’s Country Director, during a press conference held on Thursday, June 12, 2025, at the Karavia Hotel in Lubumbashi, on the sidelines of DRC… Read More Here

Mining in Zambia New Mining Projects

ZCCM-IH Invests $50 Million in Landmark Phosphate Project to Boost Zambia’s Self-Sufficiency

June 7, 2025June 7, 2025 Constance

Zambia Consolidated Copper Mines – Industrial Holdings (ZCCM-IH) has committed $50 million to a pioneering phosphate production project aimed at reducing Zambia’s reliance on imports and diversifying the nation’s mineral portfolio beyond copper. The initiative will see the development of a mono ammonium phosphate (MAP) plant with an annual production capacity of 300,000 metric tons, alongside 750,000 metric tons of gypsum produced as a byproduct. The plant will be the first of its kind in Southern Africa. ZCCM-IH Corporate Affairs Manager, Loisa Mbatha, described the project as a game-changer during… Read More Here

Mining in Zambia Copper Corporate News New Mining Projects

Kansanshi S3 Launch Set for August as FQM Nears Completion of the $1.25 Billion Expansion

June 7, 2025June 10, 2025 Constance

First Quantum Minerals (FQM) has reached a significant milestone in the development of its US$1.25 billion Kansanshi S3 Expansion Project in Solwezi, North-Western Province. Now 92% complete, the massive upgrade is on track for commissioning by August this year—marking a major milestone for one of Zambia’s most significant copper operations. August 2025 will mark three years since FQM announced its bold commitment to expand the Kansanshi Mining operations—already among Zambia’s largest copper producers. At the same time, the company pledged an additional US$100 million toward bringing the Enterprise Nickel Project… Read More Here

Mining in Zambia Corporate News Mining Personality New Mining Projects Uranium

GoviEx Uranium Strengthens Team with New Metallurgist for Zambia’s Muntanga Project

June 3, 2025June 3, 2025 Constance

TSX-listed GoviEx Uranium has appointed Deogratias M Bukunkwe as project and commissioning metallurgist to advance development of its Muntanga uranium project in Zambia. Bukunkwe, a Zambian national, brings over 25 years of experience in process startup and operations, including senior startup roles at the Kayelekera and Langer Heinrich uranium mines. He also led operational readiness at DRA Minopex and recently served as commissioning manager for Freeport-McMoRan’s Grasberg gold and copper concentrator in Indonesia. His immediate focus will be to develop a detailed pre-commissioning framework to position Muntanga as “project-ready” for… Read More Here

Mining in DRC New Mining Projects

Rome Resources Advances Maiden Mineral Resource Estimate at Bisie North in DRC

June 3, 2025June 3, 2025 Constance

Aim-listed Rome Resources has commissioned consulting firm MSA Group to complete a maiden mineral resource estimate (MRE) for its Bisie North Project in North Kivu, eastern Democratic Republic of Congo (DRC). The estimate will cover both the Kalayi and Mont Agoma prospects and will adhere to Canadian Institute of Mining (CIM) guidelines. MSA’s work includes generating 3D block models, incorporating grades, estimating tonnage, and assessing the potential for eventual economic extraction. The results will be documented in a National Instrument (NI) 43-101 technical report, compliant with LSE Aim reporting standards.… Read More Here

Mining in Zambia Copper New Mining Projects

President Hichilema Reopens Lubambe Mine Under Chinese Ownership

May 31, 2025May 31, 2025 Constance

CHILILABOMBWE, ZAMBIA – President Hakainde Hichilema has officially re-launched operations at Lubambe Copper Mine Limited in Chililabombwe, under the new ownership of Chinese firm JCHX Mining Limited, marking a new chapter in Zambia’s mining revival and strategic partnership with China. Speaking during a ceremony held at the mine, President Hichilema highlighted the tangible benefits emerging from Zambia’s strengthened cooperation with China, citing ongoing developments such as the 28 Shaft project in Luanshya, the revitalization of Mulungushi Textiles in Kabwe, and the significant investment in sinking two new shafts at Lubambe.… Read More Here

Mining in Zambia Battery Metals Cobalt Copper New Mining Projects

New US-Zambia Copper-Cobalt Venture Launched with $100M Investment

May 30, 2025May 30, 2025 Constance

US-based critical minerals developer Terra Metals and resource investment firm Metalex Commodities have finalized an agreement to establish Lunda Resources, a new copper and cobalt production venture in Zambia that both companies describe as a potential “powerhouse” in the global critical minerals market. A formal signing ceremony is set to take place at the US Embassy in Lusaka, underscoring the initiative’s alignment with US government priorities on securing critical mineral supply chains. In a statement released Wednesday, Terra Metals said the agreement represents a significant diplomatic and commercial milestone for… Read More Here

Mining in Zambia Copper New Mining Projects

President Hichilema to Recommission Deep Shaft at Lubambe Mine Amid Renewed Mining Sector Growth

May 30, 2025May 30, 2025 Constance

President Hakainde Hichilema is set to recommission the deep shaft at Lubambe Mine in Chililabombwe, located in Zambia’s Copperbelt Province, on Friday. The announcement was made by Chief Government Spokesperson Cornelius Mweetwa during a press conference held in Choma on Thursday. “On Friday, the President will officiate at the recommissioning of the Lubambe deep shaft, where two deep shafts are either being commissioned or prepared for construction,” said Mr. Mweetwa. He added that this development reflects the positive impact of recent economic growth and a renewed commitment from the business… Read More Here

Mining in Zambia Copper Corporate News New Mining Projects

Minister Kabuswe Commends Progress on FQM’s Kansanshi S3 Expansion

May 28, 2025May 29, 2025 Constance

Minister of Mines and Mineral Development, Hon. Paul Kabuswe, recently conducted a site inspection at First Quantum Minerals’ (FQM) Kansanshi Mining PLC to review progress on the company’s flagship S3 Expansion Project. He was received by FQM Country Manager Dr. Godwin Beene, Kansanshi Mining PLC Assistant General Manager Axel Kottgen, and FQM Corporate Affairs Manager Kyansenga Chitoshi. During the visit, the Minister was briefed on the project’s key milestones and current status. He commended the Kansanshi team for staying on schedule and noted that the visible progress was a clear… Read More Here