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TSX listed Ivanhoe Mines and Gécamines, the Democratic Republic of Congo’s (DRC) state-owned mining company has signed a new joint venture agreement to restart the Kipushi zinc-copper-germanium-silver mine. According to Ivanhoe President Marna Cloete, both surface construction activities and underground development at Kipushi is tracking ahead of schedule for first production, expected in the second quarter of 2024. The signing of the new joint venture agreement heralds the beginning of a new era of production for the Kipushi Mine, which will resume operations one hundred years after first opening in 1924 as the world’s richest copper mine. Gécamines’ Chairman, Guy-Robert Lukama Nkunzi says that the relaunch of the Kipushi mine is a source of pride for all of Gécamines’ employees, the local communities of Kipushi town, the Haut-Katanga Province as well as our country as a whole. Ivanhoe Mines’ Founder and Executive Co-Chairman, Robert Friedland says that Kipushi is an extraordinary mineral endowment, holding not only the world's richest zinc orebody, but also significant quantities of copper, lead, silver, germanium and gallium. "Kipushi is another great example of the unparalleled opportunities in the DRC for mineral development. There is no better place on our planet to build a mine. This makes the Central African Copperbelt and high-grade mines, like Kipushi and Kamoa-Kakula, strategically important worldwide … especially in light of the increasing fragmentation of supply chains and the growing demand for low-carbon-intensive strategic minerals," says Friedland. #whyafrica #whymineafrica #DRC #mining #miningnews #africanmining #africa #naturalresources Image credit: Ivanhoe Mines    

TSX listed Ivanhoe Mines and Gécamines, the Democratic Republic of Congo’s (DRC) state-owned mining company has signed a new joint venture agreement to restart the Kipushi zinc-copper-germanium-silver mine. According to Ivanhoe President Marna Cloete, both surface construction activities and underground development at Kipushi is tracking ahead of schedule for first production, expected in the second quarter of 2024. The signing of the new joint venture agreement heralds the beginning of a new era of production for the Kipushi Mine, which will resume operations one hundred years after first opening in 1924 as the world’s richest copper mine. Gécamines’ Chairman, Guy-Robert Lukama Nkunzi says that the relaunch of the Kipushi mine is a source of pride for all of Gécamines’ employees, the local communities of Kipushi town, the Haut-Katanga Province as well as our country as a whole. Ivanhoe Mines’ Founder and Executive Co-Chairman, Robert Friedland says that Kipushi is an extraordinary mineral endowment, holding not only the world's richest zinc orebody, but also significant quantities of copper, lead, silver, germanium and gallium. "Kipushi is another great example of the unparalleled opportunities in the DRC for mineral development. There is no better place on our planet to build a mine. This makes the Central African Copperbelt and high-grade mines, like Kipushi and Kamoa-Kakula, strategically important worldwide … especially in light of the increasing fragmentation of supply chains and the growing demand for low-carbon-intensive strategic minerals," says Friedland. #whyafrica #whymineafrica #DRC #mining #miningnews #africanmining #africa #naturalresources Image credit: Ivanhoe Mines  

Musamu Resources Calls for Manganese Processing Plant and Increased Local Participation in Zambia Musamu Resources Limited Executive Chairperson, Dr. Sixtus Mulenga, has urged ZCCM Investments Holdings Plc to consider establishing a manganese processing plant in Zambia. Speaking at the Mining and Investment Insaka in Lusaka today, Dr. Mulenga emphasized the importance of greater involvement of Zambians in the manganese mining sector. He highlighted that the development of a national steel industry could accelerate Zambia’s industrialization, with the manganese sector playing a key role. Dr. Mulenga stressed that the sector’s success relies on the inclusion of artisanal, small-scale, and large-scale miners, alongside the establishment of processing plants.…Read More Here https://lnkd.in/dPBR58Ma

The Nigerian mining sector made another giant stride over the weekend as Chart and Capstone Integrated Limited and a Chinese firm, Sinomach-He, signed a memorandum of understanding (MoU) on the proposed $1 billion (N1.6 trillion) iron ore-to-steel project planned in Kogi State. The Chinese company is involved in mining, iron production, steel rolling, steel manufacturing, and infrastructure construction, and it supplies 80 percent of the steel required by the Chinese economy. To promote local value addition, the Nigerian government has reversed the pit-to-port policy, where mining companies exported raw minerals, with a focus on local extraction and value addition and introduced a requirement for mining licence applicants to include plans for processing raw minerals as a condition for approval to create jobs for the youths, facilitate skills transfer and improve the trade balance between the country and its trading partners. Invest In Kogi, Invest In Nigeria 🇳🇬 #GodBlessNigeria #MayTinubuSucceed

**Marula seals deal to acquire Kenya #manganese #processing plant** - Marula Mining PLC has formalized an agreement to acquire an 80% stake in Agarwal Metals and Ores (AMO), replacing a binding term sheet signed in July 2024.    - The #Kilifi Manganese Processing Plant, located on 1.31 hectares of freehold land in Kenya, is a conventional facility equipped with various components for manganese ore processing.    - A final cash payment of £2m ($2.54m) and £500,000 worth of new shares will be issued to AMO's major shareholder as part of the deal. - Service and maintenance work at the Kilifi Plant is ongoing, with a supply agreement ensuring a minimum grade of 20% manganese ore feed and 10,000 tonnes per month for full capacity operations. - Constructed in February 2023, the Kilifi Plant is fully operational, with Marula Mining planning to secure long-term ore supply through additional acquisitions of nearby manganese mining operations. #mining #mineralexploration #mineralprocessing

Serabi Gold Plc (LSE: SRB, TSX: SBI; OTCQX: SRBIF)'s operations are situated in the Tapajos mineral province, a region renowned for its abundant gold reserves. Capitalizing on this, Serabi Gold has positioned itself to optimize current operations and future potential. Key aspects of #SRB's operations include: 🔱 84k hectares of tenements near Palito & Coringa projects 🔱 Notable gold deposits, with several historic artisanal mines 🔱 A strategy focusing on swift & economical development Take a deep dive into #SRBIF's exploration: https://loom.ly/y8KJ49c #gold #invest #mining #juniorminer #preciousmetals

💥 𝐊𝐢𝐧𝐮𝐬𝐢 𝐂𝐨𝐩𝐩𝐞𝐫 𝐌𝐢𝐧𝐞 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐔𝐩𝐝𝐚𝐭𝐞 1️⃣ #MARU is pleased to provide an update on its ongoing mining and exploration activities at Kinusi Copper Mine located in the Mpwapwa District of Tanzania’s Dodoma Region. 2️⃣ Conventional open pit mining of the No. 4 Pit has been ongoing throughout the current quarter, with shallow drilling and blasting of the exposed high-grade copper mineralisation by the Company’s partner Takela Mining. 3️⃣ Stockpiling of the high-grade copper ore continues and is in line with the Company’s two-phase mine development and processing plans as announced on 26 September 2024. Revised Development Plan ⏳📃➡ https://lnkd.in/dTPhisvq 4️⃣ Three samples, each of 10kg, have been taken following a recent site visit by #MARU’s executive management, with these samples to be sent to South Africa for test work. 5️⃣ #MARU is also finalising the sale of three trial shipments, each of between 100 and 250 tonnes of the stockpiled high-grade copper oxide ores, to one UK-based and two Swiss-based global commodity trading groups. ✅ The sales are part of the process to finalise a long-term off-take agreement for the planned export of copper concentrates and copper cathode. Read More 📃➡ https://lnkd.in/d8gFmYyE #MARU #KinusiMine #Copper #Batterymetals #KinusiMine #Tanzania

Proud! Smelter plays a vital role in maximizing economic benefits from natural resources. By processing raw minerals domestically, Indonesia can significantly increase the value of its mining products. 🌏🔨 #Indonesia #Mining #EconomicDevelopment

Discover #Nigeria’s vast mineral wealth with Minister Dele Alake’s vision to revitalise the mining sector. Under President Bola Tinubu’s leadership, Nigeria is: - Offering tax breaks and $46m for exploration. - Establishing the Nigerian Solid Minerals Corporation to attract private investment. Key partnerships include: - Collaboration with Glencore and the United States to enhance infrastructure. - Strategic data partnerships with GeoScan GmbH for investor insights. Explore more in Olumide Adesina’s article: #NigeriaMining #EconomicGrowth #CommunityDevelopment #InvestInNigeria

🇨🇳 🇿🇲 "Sinomine Soars on Plan to Buy Majority Stake in Zambian Copper Mine for USD58.5 Million" (Yicai) March 15 -- Shares of Sinomine Resource Group surged after the Chinese miner said it plans to buy a majority stake in a copper mine in Zambia for USD58.5 million to expand its overseas resources. Sinomine [SHE: 002738] closed 6.8 percent up at CNY40.79 (USD5.67) in Shenzhen today. Sinomine’s unit African Minerals will buy a 65 percent stake in Junction Mining from Momentum Ventures and Chifupu Resources, the Beijing-based parent company announced today. Junction’s main asset is the Kitumba copper project in Zambia, which has 27.9 million tons of proven copper mineral resources, according to an estimate from a report released in 2015 by third-party independent organization MSA Group. The firm owns mineral rights to an area of 248 square kilometers, valid from November 2014 to November 2039..... 👉 Article: https://lnkd.in/d9shH6R6 🎯 TA RawMaterials: https://lnkd.in/d_Np2KpZ (co-funded by Krixos & the EU) #copper #china #zambia #criticalminerals #mining #evs #batteries #metals #pdac2024