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Category: New Mining Projects

FQM REPORTS Q2 RESULTS AND S3 PROJECT COMPLETION  1 Mining in Zambia Corporate News New Mining Projects 

FQM REPORTS Q2 RESULTS AND S3 PROJECT COMPLETION 

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
Tertiary Minerals Starts New Drilling at Mushima North After High-Grade Silver Hits 2 Copper Corporate News Gold New Mining Projects 

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

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
Kobold Metals to Invest in AI-Powered Exploration Under New Deal with DRC 3 Mining in DRC Battery Metals Exploration Lithium New Mining Projects 

Kobold Metals to Invest in AI-Powered Exploration Under New Deal with DRC

Constance
DR Congo Signs Strategic Mining Deal with U.S. based Company Kobold Metals to Boost Lithium Exploration and AI-Driven Geological Mapping On Thursday, at the African Union City in Kinshasa, Democratic Republic of the Congo (DRC) President Félix Tshisekedi presided over the signing of a major agreement between the Congolese government and U.S.-based company Kobold Metals. The agreement marks a significant step toward American investment in the country’s mining sector. The document was signed by Congolese Minister of Mines, Kizito Pakabomba, and Benjamin Katabuka, the Managing Director of Kobold Metals in… Read More Here
Tyranna Resources Secures Majority Stake in Promising Maongo Copper-Gold Project in Angola 4 International Copper Gold New Mining Projects 

Tyranna Resources Secures Majority Stake in Promising Maongo Copper-Gold Project in Angola

Constance
Tyranna Resources Acquires 70% of Angola’s Maongo Copper-Gold Project Amid Growing Demand for Strategic Metals Tyranna Resources, an ASX-listed company, has signed agreements to acquire a 70% interest in the Maongo copper-gold project, located 25 km northeast of Namibe, Angola. The project comprises a single prospecting concession application covering 269 km², which is expected to be formally granted in the September 2025 quarter. The area hosts extensive historical mining infrastructure, including ore treatment sites, three main underground mining zones, and numerous secondary workings that predate Angola’s modern political era. Situated… Read More Here
Shuka Minerals Secures £2M Loan to Finalize Kabwe Zinc Mine Acquisition and Launch Exploration 5 Mining in Zambia Exploration Mergers & Acquisitions New Mining Projects Zinc 

Shuka Minerals Secures £2M Loan to Finalize Kabwe Zinc Mine Acquisition and Launch Exploration

Constance
Shuka Minerals Secures £2M Funding to Complete Kabwe Zinc Mine Acquisition and Advance Exploration in Zambia Aim- and AltX-listed Shuka Minerals has entered into an agreement with its second-largest shareholder, Gathoni Muchai Investments (GMI), to increase its loan facility by £1.5 million. This follows an initial £500,000 Tranche 1 loan extended in December 2024, bringing GMI’s total funding commitment to Shuka to £2 million. The additional funding comes as Shuka advances toward completing its acquisition of Leopard Exploration and Mining (LEM), a Zambian mining company that owns the Kabwe zinc… Read More Here
Prospect Resources Advances Phase 2 Drilling at Mumbezhi with Promising Copper Intercepts and Expanded Exploration 6 Mining in Zambia Copper Drilling Exploration New Mining Projects 

Prospect Resources Advances Phase 2 Drilling at Mumbezhi with Promising Copper Intercepts and Expanded Exploration

Constance
Prospect Resources Reports Strong Copper Intercepts at Zambia’s Mumbezhi Project as Phase 2 Drilling Accelerates ASX-listed Prospect Resources has reported encouraging progress from Phase 2 diamond drilling at the Nyungu Central deposit within the Mumbezhi copper project in north-west Zambia. The latest results validate the project’s broader structural geological model, underpinned by thick and high-grade copper intercepts. In parallel, the company confirmed that Phase 2 exploration activities are also advancing at the Kabikupa deposit, where extensional drilling is progressing well. Although final assay results from Kabikupa are still pending, initial… Read More Here
Oscillate Secures Exclusive Agreement to Acquire High-Potential Copper-Silver Licences in Botswana 7 Mergers & Acquisitions Copper International New Mining Projects 

Oscillate Secures Exclusive Agreement to Acquire High-Potential Copper-Silver Licences in Botswana

Constance
Oscillate to Acquire 17 Copper-Silver Licences in Botswana’s Kalahari Copper Belt Under Deal With Kalahari Copper Copper and base metals developer Oscillate has signed a nonbinding heads of terms agreement with Kalahari Copper to acquire a subsidiary that holds a portfolio of copper and silver exploration licences in Botswana. The proposed acquisition involves 17 tenements, known as the Dalsu prospects, located within the highly prospective Kalahari Copper Belt and the Bushman Lineament—regions recognized for their potential in hosting sedimentary copper deposits. The transaction, which will be executed via a share… Read More Here
India Targets Critical Minerals in Zambia Amid Global Supply Concerns 8 Mining in Zambia Battery Metals Cobalt Copper New Mining Projects 

India Targets Critical Minerals in Zambia Amid Global Supply Concerns

Constance
India has deployed a team of geologists to Zambia to explore deposits of copper and cobalt, two minerals critical to its clean energy transition, according to two Indian government sources. The Zambian government has allocated 9,000 square kilometers (approximately 3,475 square miles) to India for this exploration initiative. The focus will be on cobalt—a vital component in batteries for electric vehicles and mobile phones—and copper, which is widely used in power generation, electronics, and construction. The exploration project is expected to span three years, with most of the sample analysis… Read More Here
Patriot Resources Begins Drilling at New Copper Prospect in Zambia 9 Mining in Zambia Copper Drilling New Mining Projects 

Patriot Resources Begins Drilling at New Copper Prospect in Zambia

Constance
Australian mining company Patriot Resources announced on Monday the commencement of drilling operations at its newly identified Copper Top Hill prospect, located approximately 850 metres northeast of the Sugarloaf copper deposit in Zambia’s Central Copperbelt. The Copper Top Hill prospect was recently delineated following geological mapping and surface sampling, which revealed visible copper mineralisation extending along strike for over 800 metres. Based on these findings, Patriot formally designated the area as a new discovery within the Sugarloaf licence. Rock chip samples collected from the site returned copper grades of up… Read More Here
Japan-DRC Partnership Launches Major Manganese Project in Kongo Central 10 Mining in DRC Battery Metals New Mining Projects 

Japan-DRC Partnership Launches Major Manganese Project in Kongo Central

Constance
Japanese firm Asia Mineral Limited has signed a memorandum of understanding (MoU) with Congolese company Kerith Resources to begin manganese mining operations in the Luozi region of Kongo Central province, Democratic Republic of Congo (DRC). The signing ceremony took place in Osaka, Japan, in the presence of DRC Prime Minister Judith Suminwa Tuluka during the DRC-Japan Economic Forum, held alongside the 2025 World Expo. The mining project targets an annual output of at least 2 million tonnes of manganese, a critical mineral used in steel production and electric battery manufacturing.… Read More Here

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