Robert Friedland and Yufeng “Miles” Sun announced that ramp-up of Kamoa-Kakula’s Phase 1, 3.8 million-tonne-per-annum (Mtpa) concentrator plant continues to advance ahead of schedule, with 319,795 tonnes of ore milled in September, exceeding the monthly design run rate of 316,667 tonnes at an average feed grade of 6.0% copper. A total of 16,010 tonnes of copper in concentrate were produced… Read full article
Infill Drilling at Mutanga Uranium Project in Zambia reports positive results
GoviEx’s infill drilling campaign, which commenced in May 2021, was aimed at upgrading the inferred mineral resources associated with the Dibwe East deposit to an indicated mineral resources for inclusion into a planned feasibility study for the Mutanga Project. The Dibwe East deposit currently contains 43.1 Mt at an average grade of 304 ppm U3O8 for 28.9 Mlb U3O8, and represents approximately 45%… Read full article
AVZ Minerals secures $240-million from a Chinese investment entity
Shares in AVZ Minerals rose on Monday, as the ASX-listed company announced that it had secured $240-million from a Chinese investment entity to develop its lithium and tin project in the Democratic Republic of Congo (DRC). The developer announced that CATH Energy Technologies (CATH), a private investment entity jointly owned by Pei Zhenhua and Contemporary Amperex Technology Co Limited (CATL)…Read full article
KCM, Liquidator, Lungu, arrested and charged with laundering more than $2-million
The State-appointed provisional liquidator of Konkola Copper Mines (KCM), Milingo Lungu, has been arrested and charged with laundering more than $2-million, Zambia’s Drug Enforcement Commission, which also handles money-laundering cases, said on Wednesday. DECSpokesman Mathias Kamanga announced the arrest during a news briefing in Lusaka. “The money is said to have come into his possession… Read Full Article
“The DRC is the main beneficiary of the Sino-Congolese contracts,” claims the Chinese diplomat
ChineseAmbassador to the DRC, Zhu Jing addressed the issue of Sino-Congolese mining contractsduring an interview held Thursday, September 30, with journalists at his residence in Kinshasa. According to the Chinese diplomat, the DRC is the main beneficiary of the Sino-Congolese contracts. He indicated that during the first seven months of the year 2021, the DRC earned 4.7 billion USD out of… Read full article
Hitachi, Japan, Zambia & UNIDO join forces to address the growing demand for skilled equipment operators in Zambia
The United Nations Industrial Development Organization (UNIDO), the Government of Japan, the Government of Zambia, and Hitachi Construction Machinery company are joining forces to address the growing demand for skilled equipment operators in Zambia’s construction and mining industries. With the shift in Zambian economy towards more capital and skill-intensive sectors such as mining, construction…Read full article