KEFI Gold and Copper’s Post

Great news from KEFI Gold and Copper on the progress at the Tulu Kapi gold project in Ethiopia! As the project moves towards launch, the significance of establishing a robust infrastructure cannot be understated. At Soil Solutions, we are ready to support this venture with our advanced soil stabilization and dust control technologies. Our solutions can significantly enhance the structural integrity of access roads and other critical infrastructure, ensuring durability and sustainability. By improving road safety and reducing maintenance costs, we can help Kefi not only meet but exceed their operational and environmental management goals. Here’s to a successful project launch and a brighter, more prosperous future for the local communities! Intelligent Mining Solutions https://lnkd.in/dR32Z2qU #MiningDevelopment #SustainableMining #GoldMining #soilstabilization #dustcontrol #innovativesolutions #advancedtechnology #roadsafety #lowmaintenance #dustfree #operationalefficiency #costeffective #waterconservation #carbonreduction #environmentallyfriendly #sdg

Boris Kamstra, COO, Premium Nickel Resources Ltd spoke at the Junior Indaba today. His theme was "Awakening the giants: redevelopment of the Selebi-Phikwe and Selkirk Ni-Cu-Co-PGE mines in Botswana". He said that part of a junior's job is to identify risks, mitigate them for stakeholders and deliver on time and in budget. He said, "Invest in Botswana - it is democratic, it has a stable legislation and there is great knowledge in country." These are the major risks for juniors he said - jurisdiction risk, exploration risk, the biggest risk is developing the mine (excecution risk), time and budget risk. He made a special note about the fact that "we are building more than a mine, this is personal, we are building hope and a prosperous future for the community, which was there when BCL closed its doors." Kamstra said Premium Nickel Resources is an 81 in 16 000 companies that are delivering in time and on budget - he noted that brownfields development offers easy entry into the market and juniors should find an in country team that has done it before. #JuniorIndaba #exploration #criticalminerals #mininginvestment #investment #juniormining 

Kenya has struck gold, or rather, coltan! 😅 The country has announced the discovery of its first coltan deposits, a valuable mineral used in electric car batteries and electronic devices. The presence of coltan reserves in six counties has been confirmed by Salim Mvurya, Kenya's Minister for Mining, Blue Economy, and Maritime Affairs. While the extent of the deposits is yet to be determined, the discovery is expected to boost job creation and expand Kenya's mining sector, potentially contributing significantly to the country's GDP. Coltan's international demand has historically driven conflicts in regions like the Democratic Republic of Congo, which holds the majority of global reserves, and neighbouring Rwanda, both major coltan suppliers With this discovery, Kenya has a chance to become a significant player in the coltan market. #Kenya #Mining #ColtanDiscovery #ElectricVehicles #JobCreation #GDP #NaturalResources Global Links Corporate Training (Pty) Ltd

🇧🇼 Tati Gold Project, Botswana - Commercial Update 🤝 Power Metal Enters Into Share Option Agreement For Advancement of Tati Gold Project Read the full announcement here: 👉 https://bit.ly/3KP6Dlz Power Metal Resources PLC (🇬🇧AIM:POW, 🇺🇸OTCQB:POWMF) announces a commercial update from its 100% owned Tati Gold Project located on the Tati Greenstone Belt near Francistown, #Botswana. A share option agreement has been entered between Power Metal, Tati Greenstone Resources PTY LTD ("TGR") a company incorporated in Botswana held as a 100% owned subsidiary of Power Metal, and Tuscan Holding PTY LTD ("Tuscan") a company incorporated in Botswana. Subject to exercise of the Option, Power Metal, through TGR, will retain a 25% interest free carried to production in Prospecting Licence 049/2022 (which covers the Cherished Hope Mine) and from which it is intended that TGR will become a material dividend paying entity from net cash flow generated from gold production. Power Metal will retain the right to a 100% interest in other prospecting licences held by TGR other than PL049/2022. Further details are provided below. 📢 Sean Wade, CEO of Power Metal Resources, commented: "I am delighted to announce this exciting Agreement for Power Metal shareholders. Tati is a very important Project for us and it is great to be able to take it forward with a partner which is able to make such a substantial financial investment, giving Power shareholders a significant share of the upside without the additional cost. This further validates our successful business model and we look forward eagerly to the progress that we are confident this Agreement will create." #POW #POWMet #monetisation #farmout #development

Zambia to set up mineral investment and trading unit

ZM: Government’s Move to Restore Mopani Copper Mines Sparks Hope on Zambia’s Copperbelt The government’s decision to restore Mopani Copper Mines has ignited optimism among residents of the Copperbelt Province. The move, which involves the introduction of a new equity partner with a 49% stake for ZCCM-IH and 51% for IRH, marks a crucial step towards revitalizing the local economy and enhancing the lives of Zambians.

Starting point is identification of mining sector constraints and cross-cutting sectroral constraints that prevent beneficiation in the country and recommend intervention policy and strategy mitigations to enhance development of mineral beneficiation in the country that how more benefits can be realised The Ministry of Minerals - Tanzania

LUMWANA’S SUPER PIT EXPANSION SET TO ELEVATE ZAMBIA’S COPPER INDUSTRY Lumwana, a prominent copper mine in Zambia, is on the brink of a transformative expansion project that will position it among the world’s leading copper producers. The development of the Super Pit expansion is poised to elevate Lumwana’s annual copper production to approximately 240,000 tonnes over a lifespan exceeding 30 years. This ambitious endeavour is a pivotal element of the Zambian government’s strategic initiative aimed at revitalizing the nation’s copper sector within the next decade. With an estimated project cost nearing $2 billion, construction is slated to commence later this…READ MORE HERE https://lnkd.in/gxpvkNZr

The Lobito Corridor, spanning from Zambia and the Democratic Republic of the Congo to the Angolese port of Lobito, represents a massive initiative aimed at countering China’s influence in the region. This ambitious project involves constructing approximately 800 kilometers of new railway tracks across Africa. Initial funding of $1.6 billion will facilitate the acquisition of 1,500 wagons, 35 locomotives, and the enhancement of existing rail infrastructure and port facilities. Additionally, the United States has pledged an extra $2.3 billion for the railway, as well as associated mining and refinery ventures, primarily through loans from institutions like the Development Finance Corporation and the Export-Import Bank. The potential benefits of the Lobito Corridor are immense, given that the Congo and Zambia are leading producers of copper in Africa, collectively accounting for millions of tons of production. Copper holds significant importance in the manufacturing of electric batteries, wind turbines, and electric vehicle charging stations. Moreover, Angola boasts abundant natural resources, with reserves spanning a wide array of minerals crucial for green technology.

According to recent reports, Saudi Arabia is preparing to invest a staggering one billion US dollars in Pakistan's Reko Diq gold and copper project. Finance ministry sources have disclosed plans to sell shares of OGDCL and PPL to Saudi Arabia, with the investment expected to kick off next month. An oversight committee, to be established by the prime minister, will supervise Saudi Arabia's investment in the Reko Diq project, featuring officials from the finance ministry, OGDCL, PPL, and the energy ministry. Once the committee is formed, a formal proposal will be submitted to the Ministry of Finance and the Energy Ministry. Committee members are also slated to visit Saudi Arabia for final negotiations. Pakistan and the Kingdom of Saudi Arabia are poised to ink an intergovernmental agreement for this substantial investment in the Reko Diq project, which boasts one of the largest untapped reserves of copper and gold worldwide. Mining operations at Reko Diq are anticipated to commence in 2028, according to Barrick's feasibility study. In December of last year, Pakistan and Barrick Gold Corporation signed an $8 billion agreement regarding the Reko Diq project, which is one of the world's largest undeveloped copper-gold mines and has been inactive since 2011. During a meeting with Prime Minister Shehbaz Sharif, Barrick Gold's delegation assured that the feasibility study is on track for completion by the end of 2024, with a strong emphasis on employing local and Balochistan-based individuals for the project. #Pakistan #SaudiArabia #RekoDiq #Gold #BarrickGold #newsheadlines #news #information #newstoday