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It is essential to acknowledge and address the human rights dimensions of resettlement to prevent harm, ensure justice, and promote sustainable development.

This may fast-track the project. Is IRC stamp duty applicable in such transaction? If affirmative, will it be calculated against the overall expenses (sunken costs) and estimated value of the project or value of the transaction? Last week, Musje Werro was appointed as Non-Executive Director to the Company Board. Mining Lease for 20 years was granted in December 2021 to Mayur Iron PNG Ltd; this is to permit full-scale production of a multi-product operation, which will produce 0.5 million tonnes of magnetite per annum, 1.0 million tonnes of high-grade construction sand and up to 10,000 tonnes of zircon concentrates per annum (PNG Buiness News,14/12/2021). Involvement of Kumul Minerals Holdings Limited in such strategic projects where critical minerals will be processed and recovered is important. #Mayur #Orokolo_Bay #Gulf_Province #Black_Sands #Magnetite #Construction_Sand #Zircon

LUMWANA SUPER PIT PROJECT ON TRACK FOR FIRST PRODUCTION IN 2028 The Lumwana copper mine’s Super Pit expansion project has been accelerated with first production now scheduled for 2028, Barrick president and chief executive Mark Bristow advised Zambian president Hakainde Hichilema at their meeting yesterday. The project will transform Lumwana into one of the world’s major copper mines, with projected annual production of around 240,000 tonnes per year over a +30-year life1. It is a key component of the Zambian government’s drive to revive the country’s copper industry over the next 10 years. The estimated cost of the project is almost…READ MORE HERE https://lnkd.in/ds4uPwzU

New Post: Giyani Garners $16m to Advance Botswana Manganese Project - https://lnkd.in/ehncz3DZ Garners $16m to Advance Botswana Manganese Projecthttps://lnkd.in/eYWj7bXi mineral resource development company Giyani Metals \(Giyani\) has secured financing of $16m \(C$21.64m\) from the IDC to fund the development of the K.Hill manganese project in Botswana. Manganese truck Canadian mineral resource development company Giyani Metals \(Giyani\) has secured financing of $16m \(C$21.64m\) from the IDC to fund the development of the K.Hill manganese project in Botswana. The financing has been secured by Giyani and its wholly-owned subsidiaries via two long-term convertible loan facilities \($12.5m and $3.5m\) with the IDC. Giyani said the financing is the cornerstone of a $26m funding package, which will be used to move the K.Hill mine closer to a final investment decision \(FID\). The company also plans to use the proceeds from the latest funding package to operate its demonstration plant and so undertake an optimised feasibility study for the K.Hill project. Being developed in Johannesburg, South Africa, the demonstration plant will be equipped to produce manganese suitable for batteries. Giyani president and CEO Danny Keating said: “The investment provides the majority of the financing that Giyani requires to de-risk the project through to FID and introduces a partner with a vision and ambition to be involved in the development and capital funding of the project. “We look forward to commencing operations at the Demonstration Plant to enable the distribution of samples to potential customers as we finalise our sales and off-taker strategy for the commercial scale plant to be built in Botswana.” Giyani plans to secure the remaining $10m of the funding package from a strategic investor, which signed a non-binding term sheet. IDC chief operations officer Joanne Bate said: “We are excited by the potential of Giyani and see K.Hill as an important step in IDC’s strategy to help initiate the development of a battery minerals industry in southern Africa.” Located within a 438km² licence area that is part of the Giyani project area, the K.Hill project produces high-purity manganese sulphate monohydrate.   https://lnkd.in/ekGUDaMe     MASAHUDU ANKIILUAfrican Eye Report

New Post: Giyani Garners $16m to Advance Botswana Manganese Project - https://lnkd.in/eSX3jvjU Garners $16m to Advance Botswana Manganese Projecthttps://lnkd.in/eA23PEqG mineral resource development company Giyani Metals \(Giyani\) has secured financing of $16m \(C$21.64m\) from the IDC to fund the development of the K.Hill manganese project in Botswana. Manganese truck Canadian mineral resource development company Giyani Metals \(Giyani\) has secured financing of $16m \(C$21.64m\) from the IDC to fund the development of the K.Hill manganese project in Botswana. The financing has been secured by Giyani and its wholly-owned subsidiaries via two long-term convertible loan facilities \($12.5m and $3.5m\) with the IDC. Giyani said the financing is the cornerstone of a $26m funding package, which will be used to move the K.Hill mine closer to a final investment decision \(FID\). The company also plans to use the proceeds from the latest funding package to operate its demonstration plant and so undertake an optimised feasibility study for the K.Hill project. Being developed in Johannesburg, South Africa, the demonstration plant will be equipped to produce manganese suitable for batteries. Giyani president and CEO Danny Keating said: “The investment provides the majority of the financing that Giyani requires to de-risk the project through to FID and introduces a partner with a vision and ambition to be involved in the development and capital funding of the project. “We look forward to commencing operations at the Demonstration Plant to enable the distribution of samples to potential customers as we finalise our sales and off-taker strategy for the commercial scale plant to be built in Botswana.” Giyani plans to secure the remaining $10m of the funding package from a strategic investor, which signed a non-binding term sheet. IDC chief operations officer Joanne Bate said: “We are excited by the potential of Giyani and see K.Hill as an important step in IDC’s strategy to help initiate the development of a battery minerals industry in southern Africa.” Located within a 438km² licence area that is part of the Giyani project area, the K.Hill project produces high-purity manganese sulphate monohydrate.   https://lnkd.in/eFbU7BDU     MASAHUDU ANKIILUAfrican Eye Report

Post site visit, PAC Partners has initiated coverage on Xanadu Mines Ltd with a $0.13/share price target ($0.26/share unrisked). PAC found an efficient operation completing a huge 81km #drilling program of the mineralised deposits comprising the South Gobi Kharmagtai #Copper #Gold Project. Thorough work now means a high-quality Prefeasibility Study (PFS) due SepQ’2024 which is a pre-cursor to Final Investment Decision. Partner and global integrated copper/gold producer Zijin Mining Group provides funding options and a #development track record. The current Kharmagtai Discovery program has ability to add far more Resource with both shallow and a deep #exploration drill program. Geotechnical clues are hinting at an Oyu Tolgoi style big and deep target. PAC valuation is based on cashflow modelling for what they see as their favoured case, Xanadu selling 25% JV interest in Kharmagtai for US$25M, with Xanadu’s remaining 25% interest funded via Zijin secured debt, as well as probable project enhancements to likely yield additional production in PFS, from: 1. #Mining rate / processing throughput expansion for mineralised sulphide material commencing 3yrs earlier relative to scoping study; enabled by recently enlarged 125Mt higher grade MRE component. 2. Oxide processing; with recent leach testwork providing confidence to progress this to PFS confidence level Furthermore, PAC conducted scenario analysis to assess impact of the probable project enhancements, assuming Xanadu’s 50% JV interest in Kharmagtai is maintained; unrisked valuation increases to 45cps. #XAM continues to be fully funded, at both corporate level to conduct discovery exploration at our Red Mountain and Sant Tolgoi projects, and most importantly, at Kharmagtai 50:50 JV level to complete Xanadu operated PFS, with cashflows most likely enhanced in the early years. Read full research report: https://loom.ly/8llsnmU #SustainableExploration #XanaduMines #growthstrategy #NewDiscovery #derisking #transformation #criticalminerals #futurefacingmetals #CopperExploration #CopperInvesting #MiningInvestment #ASX #TSX

The Kurmuk Gold Project, located in Ethiopia, is set to be developed as an open-pit mine by Allied Gold Corporation. As the project progresses through its construction phases, Soil Solutions can provide invaluable support in enhancing the infrastructure essential for its success. Our expertise in soil stabilization and dust control can significantly benefit the Kurmuk Gold Project in the following areas: Access Roads: Ensuring durable and stable access roads for construction and operational vehicles, which will reduce maintenance costs and minimise environmental impact. Haul Roads: Improving the efficiency and safety of haul roads used during the transportation of ore and waste materials, ensuring smooth and uninterrupted mining operations. Tailings Storage Facilities: Implementing advanced dust control measures for tailings storage facilities, which will improve air quality, reduce environmental impact, and enhance the overall efficiency of the project. Soil Solutions' innovative technologies and sustainable practices ensure that the infrastructure supporting the Kurmuk Gold Project is robust, environmentally compliant, and capable of meeting the demands of this significant mining endeavor. Intelligent Mining Solutions https://lnkd.in/dR32Z2qU #inoovativetechnology #sustainablepractices #infrastructure #environmentallycompliant #roadconstruction #soilstabilization #dustcontrol #maintenancefree #costeffective #saferroads

Kenorland Minerals Ltd. (KLD-V)   Kenorland converts 20% Joint Venture interest in Frotet Project to 4.0% NSR Royalty   On January 16, 2024, Kenorland reported that it has entered into a definitive agreement with Sumitomo Metal Mining Canada Ltd. to exchange the Kenorland's 20% participating interest in the Frotet Project for a 4% net smelter return royalty. This transaction results in Sumitomo consolidating 100% ownership of the Frotet Project. Frotet hosts the Regnault gold system, a greenfields discovery made by Kenorland and Sumitomo in 2020 and is located ~100 km to the north of Chibougamau with favorable infrastructure in the project area such as the Route-du-Nord and extensive forestry road network as well a power transmission line that supplied power to the past producing Troilus mine currently being advanced by Troilus Gold (TLG-T) with a total resources of 13.1 M oz, Au eq.   This is a strategic transaction for delivering long term value and allocation of capital towards generating potential new discoveries. The exchange of Kenorland's 20% participating interest in the Frotet Joint Venture for a 4% NSR royalty covers 39,365 ha in the Frotet-Evans greenstone belt within the Opatica geological sub-province of Québec in Eeyou Istchee-James Bay. In the event Sumitomo exercises buy down rights, the Frotet Royalty would be reduced to an attractive uncapped 3.25% NSR royalty on all minerals extracted. The NSR royalty should grow in value over time as the Regnault deposit tracks towards development. An upcoming 2024 winter drill program should begin later this month and add to the total of 82,273 m of drilling in 193 drillholes completed to date.   See end of : https://lnkd.in/ev3tjg2y   https://lnkd.in/ewU6mkvr #quebec #jamesbay #gold #regnault #discovery #royalty  

KoBold Metals' ambitious plan to fast-track the development of a new $2 billion copper mine in Zambia represents a significant step towards meeting the surging demand for critical metals essential for the clean energy transition. Soil Solutions could play a pivotal role in assisting KoBold Metals in realizing this vision, especially considering the environmental and infrastructural challenges associated with such a large-scale mining project. Here's how Soil Solutions could contribute to the success of the Mingomba project: Dust Control: Mining operations, particularly in arid or semi-arid regions like Zambia, generate significant amounts of dust, which can harm the environment, machinery, and the health of workers and nearby communities. Soil Solutions can provide environmentally friendly dust control solutions to mitigate this issue, ensuring compliance with environmental regulations and improving air quality. Road Construction and Maintenance: Access to the mining site requires reliable and durable roads capable of supporting heavy machinery and transportation of materials. Soil Solutions can offer innovative road construction and maintenance solutions that are cost-effective and sustainable, reducing the need for frequent repairs and minimizing the environmental footprint. Soil Stabilization: The stability of the mine's infrastructure, including its tailings storage facilities, can be enhanced with soil stabilization techniques. Soil Solutions can provide expertise in stabilizing the soil, improving the structural integrity of these facilities, and reducing the risk of environmental contamination. Erosion Control: Erosion can pose significant risks to mining operations, leading to loss of valuable topsoil and potential damage to infrastructure. Soil Solutions can implement erosion control measures to protect the site and its surroundings, ensuring the long-term viability of the project. Environmental Rehabilitation: Post-mining land rehabilitation is crucial for restoring the ecological balance and ensuring the area can be used for future purposes. Soil Solutions can assist in the rehabilitation process, employing techniques to rejuvenate the soil and reintroduce vegetation, thereby contributing to the project's sustainability goals. By partnering with KoBold Metals, Soil Solutions can leverage its expertise in providing eco-friendly solutions to the mining industry, helping to ensure that the Mingomba project not only meets its production goals but also adheres to the highest environmental standards. This collaboration could serve as a model for sustainable mining practices, aligning with the global push towards greener and more responsible resource extraction. #sustainablemining #greenerfuture #resourceallocation #ecofriendly #environmentallyfriendly #erosioncontrol #soilstabilization #dustcontrol #cleanenergyfuture #waterconservation #co2reduction

Katoro to cease all investment in Blyvoor, Namibian Iron Ore Following a review of the Blyvoor project in Gauteng, South Africa, and given the new direction of Aim-listed Katoro Gold PLC and the need to focus on a clear pathway to high-value business activities, the company has decided to cease any further investment in this project with immediate effect. Katoro had previously entered into a binding conditional agreement to form a 50:50 unincorporated joint venture (JV) with Blyvoor Gold Operations and its holding company Target Mine Consulting to exploit potentially viable deposits of gold and any other minerals from six gold tailings dams. https://lnkd.in/dSSZ28Fe