Copper

Metso Outotec to deliver copper electrowinning technology to Africa

Metso Outotec has been awarded a contract for the delivery of advanced electrowinning equipment to a copper cathode production plant in Africa. The order value amounting to approximately EUR 11 million is booked in Minerals’ Q2/2022 orders received. Metso Outotec’s scope of delivery includes the supply of basic engineering and …

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UK express interest in Zambia’s copper mining

Moxico Resources (IPO-MOXI.L), a British company, proposes to invest $100 million in Zambia’s Mimbula copper mine, according to UK Minister for Africa Vicky Ford. Ford stated in a statement released by the British High Commission in Zambia while on a visit to the country that the investment will result in …

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Castillo uncover multiple copper-potential drill-testing targets at its Mkushi project in Zambia

Castillo Copper, a base metal explorer with stock exchange listings in London and Sydney, has uncovered multiple copper-potential drill-testing targets at its Mkushi project in Zambia, the continent’s second-largest copper producer. Castillo claimed in a statement to Mining Weekly on Tuesday that the next phase in developing Mkushi, one of …

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High global copper prices should help attract the investment needed for Zambia

Zambia Finance Minister, Situmbeko Musokotwane, says high global copper prices should help attract the investment needed to allow Zambia to boost its annual production to about 3 million tonnes over the coming decade from an estimated 800,000 tonnes in 2021. First, however, the government must find an investor to take …

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Copper becoming increasingly important as electric vehicle industry grows

Commodities like copper are becoming increasingly important as the electric vehicle industry grows. Karan Rathi, board director of mining company Chillerton Group, speaks about the copper industry in Zambia and how the Covid-19 pandemic has heightened investor support for projects and communities. Zambia, after the Democratic Republic of Congo, is …

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Impetus for more copper convincing miners of great rewards in Zambia, DRC

Mining corporations are considering investing in nations that they previously deemed too hazardous, such as the Democratic Republic of the Congo and Zambia, owing to a shrinking pipeline of large copper mines elsewhere and record-high prices. Because of investor concerns about unpredictable regulatory regimes, difficult working conditions, and corruption, some …

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LCM has exhausted all copper reserves at Baluba shaft, considering shutting down operations

Robert Kamanga, the deputy Chief Executive Officer of China Non-Ferrous Metal Business (CNMCLuanshya )’s Copper Mines ( LCM), said his company is considering shutting down mine operations at its Baluba shaft in 2022. Mr Kamanga claims that the LCM has exhausted all copper reserves at the mine, prompting the decision …

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The expansion of copper and cobalt refining capacity is expected as a result of the Jubilee, Mopani MoU

Jubilee Metals, a metals processing company listed on the London Aim and JSE AltX exchanges, announced on Tuesday that it had signed a binding memorandum of understanding (MOU) on the refining of copper and cobalt, two highly sought-after green metals. The MoU with Mopani, a Zambian subsidiary of ZCCM Investment, …

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Luangwa Minerals enters into option agreement to purchase 90% joint venture in exploration licenses in Zambia

Tertiary Minerals, an AIM-listed company, has stated that its subsidiary Luangwa Minerals has entered into an option agreement with Mwashia Resources to purchase up to a 90% joint venture interest in five large exploration licenses in Zambia that are regarded copper-prospective. The deal covers the exploration licence 27069-HQ-LEL, also known …

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Zambia implored to make tax changes

Zambian government has been urged to address impediments to investment inflows and production growth, and to guarantee stable tax policies. Zambia Chamber of Mines president Dr Godwin Beene this week said it was imperative to rectify negative investor perceptions of the mining sector in the country. “Our sector, like any …

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