Proactive’s Post

#Kazakhstan Positions Itself as Battery Components Supplier Continuing the trend of expanding its strategic minerals standing, Kazakhstan's Ministry of Industry and Construction is issuing "hundreds" of new exploration licenses. These focus on several previously untapped mineral resources in the country, such as #lithium and #nickel. Already, some countries are striking agreements to get access to the mineral resources. The South Korea Institute of Geoscience and Mineral Resources (KIGAM) began talks the week of September 23 to develop a substantial lithium deposit in East Kazakhstan. https://lnkd.in/e9V5X8iu

Operational Update: Copper and Lithium Exploration, Botswana Aterian plc (LSE: ATN), the critical metal-focused exploration and development company, is pleased to provide an update on activities since the conclusion of the Share Purchase Agreement ("SPA") to acquire a 90 % interest in Atlantis Metals (Pty) Ltd ("Atlantis") in the Republic of Botswana ("Botswana"), as announced on 8 April 2024. Atlantis is a private Bostwana registered entity holding seven prospecting licences in the world-renowned Kalahari Copper Belt ("KCB") and three licences prospective for lithium brine in the Makgadigadi Region of Botswana. Highlights: 👉 Atlantis holds a portfolio of ten strategically located licences for #copper-#silver ("Cu-Ag") and #lithium brine (''Li'') projects in Botswana, covering 4,486.11 km2. 👉 Three licences are held, covering a combined 2,516.93 km2 within the Makgadikgadi Pans, considered highly prospective for lithium brine. 👉 Initial target generation has been completed using available airborne geophysical data and remote sensing. 👉 Three licences are prioritised for initial fieldwork for the KCB licences. 👉 Two areas of interest have been identified on the lithium brine project for field follow-up. Source: Vox Markets https://lnkd.in/eVqYsv_Q

FQM EXPANDS CENTRAL AFRICA COPPERBELT LICENCES Canada-based First Quantum Minerals (FQM) has exercised its option to acquire the remaining two licences in the Central Africa Copperbelt from an agreement with London-listed African Pioneer’s 80%-owned subsidiary, African Pioneer Zambia. The option agreement, initially announced on January 22, saw FQM sign an addendum on February 15 confirming its decision to exercise the option over the two licences, which had not been previously exercised. These licences are identified as exploration licences 27770-HQ-LEL and 27768-HQ-LEL. In addition, FQM had already exercised its option over licences 27767-HQ-LEL and 27771-HQ-LEL, as announced…READ MORE HERE https://lnkd.in/deBdx9Qe

South Africa simply must get mineral exploration going again at pace

Northern Malawi’s hills and plateaus hold many secrets, some still being discovered. The winding lakeside road from Nkhata Bay to Karonga in Northern Malawi holds many surprises. Once past the turnoff to the town of Blantyre, spectacular views of Lake Malawi from Chilumba and the hilly plateau of the Misuku Hills keeps one hoping that you’ll find another viewpoint on the steep descent to the Chitipa Plains. The biggest surprise of the day is saved for last though. Well-hidden between the hillocks of Chitipa, about 40km from Karonga, lies Lotus Resources’ Kayelekera Uranium project, which the ASX listed company plans to restart towards the end of 2025. The existing processing plant at Kayelekera needs to be refurbished in the lead up to the mine becoming fully operational again in 2025. Paladin Energy, who mined Kayelekera between 2009 and 2014, left behind solid infrastructure, including roads, power, an open pit, tailings storage facilities and a complete uranium processing plant. According to Theo Keyter, General Manager at Lotus Resources’ Kayelekera uranium project, the company will initially start re-mining old stockpiles left by Paladin before further developing the current open pit to a depth of about 60m. Keyter spoke to WhyAfrica during a site visit to Kayelekera on day 22 of the 2024 WhyAfrica Road Trip through South Africa, Zimbabwe, Mozambique, Malawi and Tanzania. Lotus Resources released a Definitive Feasibility Study (DFS) in August 2022 which confirmed that Kayelekera ranks as one of the lowest capital cost uranium projects globally. The government of Malawi owns 15% of Kayelekera. In addition, ongoing exploration projects in the region have delivered encouraging results.   Read the full story in the next two issues of the WhyAfrica magazine that will be on display at next year’s Mining Indaba that will be held in Cape Town in February next year. In picture is Theo paging through his exclusive copy of the WhyAfrica Road Trip Preview magazine. WhyAfrica takes the Preview magazines with us on our annual road trips and deliver them at all 30 project sites and to all 40+ stakeholders we interview during the 45-day trip. Image credit: Leon Louw for WhyAfrica #whyafrica #whyafricaroadtrips #africa #mining #exploration #malawi https://lnkd.in/dryF4sQC

Northern Malawi’s hills and plateaus hold many secrets, some still being discovered. The winding lakeside road from Nkhata Bay to Karonga in Northern Malawi holds many surprises. Once past the turnoff to the town of Blantyre, spectacular views of Lake Malawi from Chilumba and the hilly plateau of the Misuku Hills keeps one hoping that you’ll find another viewpoint on the steep descent to the Chitipa Plains. The biggest surprise of the day is saved for last though. Well-hidden between the hillocks of Chitipa, about 40km from Karonga, lies Lotus Resources’ Kayelekera Uranium project, which the ASX listed company plans to restart towards the end of 2025. The existing processing plant at Kayelekera needs to be refurbished in the lead up to the mine becoming fully operational again in 2025. Paladin Energy, who mined Kayelekera between 2009 and 2014, left behind solid infrastructure, including roads, power, an open pit, tailings storage facilities and a complete uranium processing plant. According to Theo Keyter, General Manager at Lotus Resources’ Kayelekera uranium project, the company will initially start re-mining old stockpiles left by Paladin before further developing the current open pit to a depth of about 60m. Keyter spoke to WhyAfrica during a site visit to Kayelekera on day 22 of the 2024 WhyAfrica Road Trip through South Africa, Zimbabwe, Mozambique, Malawi and Tanzania. Lotus Resources released a Definitive Feasibility Study (DFS) in August 2022 which confirmed that Kayelekera ranks as one of the lowest capital cost uranium projects globally. The government of Malawi owns 15% of Kayelekera. In addition, ongoing exploration projects in the region have delivered encouraging results.   Read the full story in the next two issues of the WhyAfrica magazine that will be on display at next year’s Mining Indaba that will be held in Cape Town in February next year. In picture is Theo paging through his exclusive copy of the WhyAfrica Road Trip Preview magazine. WhyAfrica takes the Preview magazines with us on our annual road trips and deliver them at all 30 project sites and to all 40+ stakeholders we interview during the 45-day trip. Image credit: Leon Louw for WhyAfrica #whyafrica #whyafricaroadtrips #africa #mining #exploration #malawi https://lnkd.in/dEk8NjRq

Good move based on sustainable & workable strategies ! This agreement can be the first phase executed action pan …. so long journey ahead but when there is will there is way

Uranium is red hot in 2024 and while Africa is dusting off a few of its mothballed projects, a number of new uranium exploration endeavours have piqued WhyAfrica’s interest.        Big news today is that ASX listed Lotus Resources Limited is raising USD30-million via the issue of 100 million new shares to fund restart works at its Kayelekera uranium mine in Malawi and advance works at its Letlhakane uranium project in Botswana. According to Lotus Managing Director Keith Bowes the placement has attracted significant interest from high calibre strategic investors. “These investors share our bullish view on uranium market fundamentals,” says Bowes. The Kayelekera Uranium Project produced ~11MIbs U3O8 equivalent over five-years between 2009-2014, before the asset was shutdown to preserve its longevity due to a sustained low uranium price. It is currently on care and maintenance. Letlhakane is the large-scale, long-term uranium resource that compliments Lotus’s project pipeline and growth strategy. Bowes says that Lotus aims to complete a Scoping Study and also determine whether a more effective processing route can be identified to improve the 2015 Feasibility Study project economics, which had envisaged a heap leach process. WhyAfrica will visit Malawi during our 2024 WhyAfrica Road Trip in July and August. This year’s Road Trip will take us through the Limpopo Province of South Africa, Zimbabwe, Mozambique, Malawi and Tanzania. We aim to visit 30 project sites and interview more than 25 stakeholders in 40 days. Remember, if you become a WhyAfrica member, you will get daily updates, videos and photos and we make our way north. Head to our website to get more information about our Road Trips and about signing up to become a WhyAfrica member. Please note that the image with this post depicts the landscape in Malawi ad was taken during a previous Road Trip. It doesn’t have anything to do with Kayelekera and it is used to illustrate what we experience during the annual WhyAfrica Road Trip #whyafrica #whyafricaroadtrips #africa #uranium #exploration #mining #malawi #botswana      

Uranium is red hot in 2024 and while Africa is dusting off a few of its mothballed projects, a number of new uranium exploration endeavours have piqued WhyAfrica’s interest.        Big news today is that ASX listed Lotus Resources Limited is raising USD30-million via the issue of 100 million new shares to fund restart works at its Kayelekera uranium mine in Malawi and advance works at its Letlhakane uranium project in Botswana. According to Lotus Managing Director Keith Bowes the placement has attracted significant interest from high calibre strategic investors. “These investors share our bullish view on uranium market fundamentals,” says Bowes. The Kayelekera Uranium Project produced ~11MIbs U3O8 equivalent over five-years between 2009-2014, before the asset was shutdown to preserve its longevity due to a sustained low uranium price. It is currently on care and maintenance. Letlhakane is the large-scale, long-term uranium resource that compliments Lotus’s project pipeline and growth strategy. Bowes says that Lotus aims to complete a Scoping Study and also determine whether a more effective processing route can be identified to improve the 2015 Feasibility Study project economics, which had envisaged a heap leach process. WhyAfrica will visit Malawi during our 2024 WhyAfrica Road Trip in July and August. This year’s Road Trip will take us through the Limpopo Province of South Africa, Zimbabwe, Mozambique, Malawi and Tanzania. We aim to visit 30 project sites and interview more than 25 stakeholders in 40 days. Remember, if you become a WhyAfrica member, you will get daily updates, videos and photos and we make our way north. Head to our website to get more information about our Road Trips and about signing up to become a WhyAfrica member. Please note that the image with this post depicts the landscape in Malawi ad was taken during a previous Road Trip. It doesn’t have anything to do with Kayelekera and it is used to illustrate what we experience during the annual WhyAfrica Road Trip #whyafrica #whyafricaroadtrips #africa #uranium #exploration #mining #malawi #botswana      

Uranium is red-hot this year If you’re into early-stage exploration in Africa, Uranium will be red-hot this year. WhyAfrica is keeping our ears close to the ground and our eyes wide open as we track developments in the Uranium space across Africa in 2024. Because we love geology and the exploration sector, we love tracking early-stage exploration projects across the continent and we’re already aware of several important developments in a number of African countries. An exciting project in Tanzania, for example, a country that WhyAfrica will visit later this year during our 2024 WhyAfrica Road Trip, is Askari Metals Limited (ASX: AS2)’ Matemanga Uranium Project. Askari announced earlier this week that it has acquired a 100% interest in Matemanga, located in the south of Tanzania. The company conducted an extensive review of available geological and geotechnical data which identified the Matemanga project as a high-priority uranium project with significant exploration potential. “The Matemanga project is about 70km south-east of the Nyota Uranium Project and 220km south-east of the Kayelekera Uranium Project,” says Askari MD Gino D’Anna. This year, WhyAfrica will travel through five African countries and attempt to visit more than 30 project sites and interview more than 25 stakeholders during our 45-day long adventure. During our trip we focus on mineral exploration, critical minerals, natural resources, mining, agriculture, quarrying, energy, ESG, water management, infrastructure, tourism and travel, environmental management, conservation, climate change and sustainability. Our 2024 trip will take us through the Limpopo Province of South Africa, Zimbabwe, Mozambique, Malawi, and Tanzania. Remember if you’re a WhyAfrica member you’ll be able to follow us live as we make our way north. As a WhyAfrica member you’ll also be able to virtually sit in during some of our interviews, and (with permission) even ask questions during site visits. Our live videos and images will keep you informed and take you places in Africa you have never been. To become a member, click here: https://lnkd.in/dZzNGJvK We still have amazing sponsorship, advertising and partnership opportunities, so please contact us asap if you’re interest. #whyafrica #whyafricaroadtrips #uranium #exploration #africa