Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined metal and mineral commodities. MT. Menu. ... MINE Australia : Mining Technology Focus (monthly)
Jubilee Metals has announced plans to increase its copper production in Zambia to 25,000 tonnes (t) annually. The expansion strategy involves enhancing the company's copper resource base and processing capabilities.
It is an underground mining operation located on the Zambian Copperbelt close to the town of Chililabombwe. Extensions of the copper mineralisation were identified 6km from the current mine along the Konkola basin …
The Lumwana mine began operations in 2019, and since then it has contributed nearly $3bn to the Zambian economy in the form of taxes, royalties, salaries and the procurement of goods and services. Furthermore, 99.3% of the workforce at the mine are Zambian nationals.
The United Nations Development Programme (UNDP) has unveiled its intention to establish a Mining Technology (MinTech) hub in Zambia, with an …
Zambia has arrested 31 Chinese nationals for allegedly conducting illegal mining activities in the country's copper belt region. Zambia Home Affairs Minister Steven Kapyongo said that the Chinese nationals were arrested on this weekend after a probe operation was carried out in the mining area.
KoBold Metals, a California-based exploration company, is looking to accelerate the development of a new high-grade copper mine in Zambia, with an estimated cost of around $2bn, according to a Reuters report.. Supported by investors such as Bill Gates and Jeff Bezos, the company is exploring the potential for partnerships to …
The mine covers a lease area of around 228km². Credit: Nordroden/Shutterstock. China's JCHX Mining is reportedly planning to invest $300m (2.18bn yuan) investment in the Lubambe Copper Mine in Zambia, Reuters reported. Th move is aimed at reviving the mine, which was recently acquired by JCHX ...
Located in the Northern Copperbelt in Zambia, the waste rock asset is estimated to hold more than 350mt of material. Copper results from historical exploratory samples have revealed grades higher than 1.5%. ... MINE : …
Lungu also instructed the Ministry of Mines to ensure that safety is guaranteed at the mine prior to commencing operations. Zambian Mining Minister Yamfwa Mukanga said the licences were previously revoked due to poor safety, health and environmental records, and a lack of approved personal protective equipment for …
The Kansanshi mine in Zambia is the eight largest copper mine in the world, with two open pits. The property is located nearly 10km north of the Solwezi town and 180km northwest of the Copperbelt town of Chingola. The mine is 80% owned by First Quantum Minerals through its subsidiary Kansanshi Mining.
Jubilee Metals raises $16.6m to fund Zambia copper recovery. The company issued 236.3 million new shares in the placement, each priced at 5.5 pence.
IMA Engineering started 2019 on a high note. We are very happy to deliver two units of our innovative FCA (Fast Conveyor Analyser) to a mine in Zambia. One unit is being delivered this month with the second unit soon after. You can see some pictures from the first unit being prepared for delivery above.
Zambia is allocating $6 million towards boosting mineral production and enhancing sustainability, productivity and safety in mining operations through the …
KoBold Metals, a mining venture backed by a coalition of billionaires including Bill Gates and Jeff Bezos, is expanding its presence in Zambia after signing a …
Zambia is embarking on a $6 million investment initiative aimed at leveraging technology to enhance mineral production while prioritizing sustainability, …
Overview. Inadequate infrastructure undermines Zambia's potential for economic growth. Infrastructure investment is needed in the health and education sectors, water and sanitation, roads (including inter-provincial and inter-district roads) and expanding the rail network to reduce the burden on road infrastructure.
The deal should bring an end to tensions between Glencore and the Zambian Government over Mopani's operations. In April 2020, Zambia threatened to revoke Mopani Copper Mines' mining licenses after mines were placed on care and maintenance in light of the Covid-19 pandemic and falling copper prices. Zambian …
The Government of Zambia plans to take over Konkola Copper Mines (KCM), a subsidiary of Vedanta Resources, due to alleged mining breaches and introduce a new investor to manage the operation.. …
Zambia accounts for 4% of global production, with the largest producers being Chile, Peru, the Democratic Republic of the Congo and China. Exports of copper from Zambia increased by 1% in 2023 over 2022, with the highest share being exported to China. Zambia's copper exports are expected to grow at a CAGR of 44% between 2023 …
Four companies have been shortlisted to acquire the Mopani Copper Mines (MCM) in Zambia, reported Reuters, citing two sources. The entities involved comprise China's Zijin Mining, South Africa's Sibanye Stillwater, China-based Norinco Group and an investment vehicle owned by ex-Glencore officials.
The Zambian Cabinet has approved the establishment of a special purpose vehicle (SPV) aimed at enhancing the country's earnings from its mineral resources, reported Reuters.. Quoting the Cabinet, the news agency said that the new entity will enable the country to "move away from the dividend payment model for mineral resources and …
As per KoBold estimates, the Mingomba mine holds 247 million tonnes of ore with an average grade of 3.64% copper. Zambia's ZCCM-IH and commodity investor EMR Capital also hold stakes in the Mingomba project. By 2032, Zambia aims to increase its copper production capacity to three million tonnes per annum. It has approximately …
Queensland Government offers $13.5m for Harmony's Eva copper mine. Harmony Gold Mining has received a conditional grant of A$20.7m ($13.54m) from the Queensland Government in Australia for its Eva …
KoBold Metals, an AI-powered mineral exploration company backed by billionaires Bill Gates and Jeff Bezos, is planning to commission the Mingomba copper and cobalt mine in Zambia within ten years, reported Reuters. The California-based exploration company plans to invest roughly $150m to accelerate exploration work at the Mingomba …
UNDP ANNOUNCES PLANS FOR MINING TECHNOLOGY HUB IN ZAMBIA. Oliver Masunda May 6, 2024 May 6, 2024. PRESIDENT HICHILEMA PLEDGES TO BOOST MINING SECTOR IN NORTH... Oliver Masunda May 6, 2024 May 6, 2024. UNLOCKING ZAMBIA'S OIL AND GAS POTENTIAL. Oliver Masunda April 26, 2024 …
The mining investment arm of Abu Dhabi's International Resources Holding (IRH) is in discussions to acquire a majority stake in the Zambian copper assets of Vedanta Resources, Reuters reported. Two sources privy to the development told the new agency that IRH's unit recently offered more than $1bn (Dh3.67bn) to buy a 51% stake in KCM …
Xtract Resources has announced a joint venture (JV) agreement with Oval Mining, which is in collaboration with Cooperlemon Consultancy, to potentially acquire up to a 70% stake in Zambia's Silverking copper mine and its accompanying exploration licence.
Mutinta Jewellery to open a diamond processing plant in Zambia. Zambian miner Mutinta Jewellery has announced the opening of a $3.2m diamond and gemstone processing plant in the country, designed to manufacture jewellery from diamonds, gemstones, and other precious stones.
Canadian mining giant First Quantum Minerals has signed a deal with Zambia's Mimosa Resources to advance the joint development of the Fishtie copper …
