Telon Resources and Reynas Minas S.A. de C.V. will pay Nyrstar USD$20 million cash for the underground mine, plus a purchase agreement linked to production. The payments will be staged from April ...

Democratic Republic of Congo extended the suspension of Eurasian Resources Group's Boss Mining copper and cobalt project for at least three months amid ongoing environmental and safety concerns ...

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Vedanta is currently carrying out investigations into Phase II and III, as part of which ore mined will be increased to 8Mtpa and production of zinc-in-concentrate to 450,000, and ultimately to 600,000tpa with an additional investment of $350 to $400m. "South Africa has vast undeveloped mineral deposits that we have the opportunity to …

The Democratic Republic of Congo holds around 70% of the world's reserves of cobalt and is also the largest producer, accounting for over 70% of cobalt mine supply in 2020 EGC was created a year ...

Bakagem Mining pioneers innovative solutions in the realm of mining and quarrying, dedicated to meeting the unique demands of our esteemed clientele across Congo and Burundi. Beyond mere extraction, we are champions of sustainable practices, ensuring the responsible sourcing of vital materials essential to global development. Moreover, our ...

Ivanhoe said Saudi Arabia's Ma'aden, its 50/50 partner in the Middle East, has no intention to sell its shares in the US company.

The positive 2017 prefeasibility study (PFS) focuses on the initial mining of Kipushi's Big Zinc Zone, which has an estimated 11.78-million tonnes of measured and indicated mineral resources ...

Sundance is seeking $8.8 billion in damages over the Mbalam-Nabeba project, which straddles the border of Congo and Cameroon, and which it has yet to begin mining due to disputes with both central ...

Trafigura has agreed to a $600 million financing and marketing deal with Shalina Resources' Democratic Republic of Congo subsidiary Chemaf, the global commodities trader said on Wednesday.

The zinc ore mined is processed through crushing, and milling operations, being sent for aeration and flotation procedures, and eventually to the concentrator for zinc concentrate production. The Gamsberg mine has a reserve and resource of more than 180Mt, an average grade of between 6 and 6.5%, and an estimated life of mine of 20+ years.

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Antofagasta outlines progress on $4.4bn Centinela expansion. The second concentrator will add 144,000 tonnes of copper a year to the company's overall production, extending the mine's life 30 ...

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Mining.com Recommends. ... Conflict in Congo threatens trade in key metals, UN experts say ... Morgan Stanley and Centerview Partners to assist with the sale of $5 billion worth of assets. Cecilia ...

Democratic Republic of Congo (DRC). Kipushi Corporation (KICO), a joint venture between Ivanhoe Mines (68%) and DRC State-owned mining company Gécamines (32%). Kipushi will be the world's ...

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ERG has three other mines in Congo, including the Metalkol Roan Tailings Reclamation project, which recently resumed operations and may become one of the world's largest cobalt producers. (By ...

Zijin Mining said on Tuesday its board had approved investment in a $769 million smelter for its Kamoa-Kakula copper project alongside Ivanhoe Mines in the Democratic Republic of Congo (DRC). The ...

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The nickel refinery is being developed by Korea Zinc through its nickel sulphate subsidiary Korea Energy Materials (KEMCO). As per the deal, Trafigura will invest $140m to build the all-in-one nickel refinery. In exchange, Trafigura will secure a 12.9% stake in KEMCO. The refinery will be equipped to process a range of feedstocks …

Fluid landscape. ILZSG estimates European zinc mine production fell by 6.2% in 2023 and is forecasting another 7.9% slide this year due to the closure of Tara and the Aljustrel mine in Portugal.

Southern Congo sits atop an estimated 3.4 million tonnes of cobalt, almost half the world's known supply. In recent decades, hundreds of thousands of Congolese have moved to the formerly remote ...

Credit: Eurasian Resources Group. The Democratic Republic of Congo has suspended nine subcontracting companies working at mines run by Eurasian Resources Group, as the cobalt and copper producer ...

Mutanda has not been formally notified in respect of any commission, a Glencore spokesman said by email Friday. Glencore confirmed in December that it planned to reopen Mutanda, which was put on ...

September 14, 2021. Here are the five largest zinc mines by production in Australia, according to GlobalData's mining database. 1. Mount Isa Zinc Mine. The Mount Isa Zinc Mine is a surface and underground mine located in Queensland. It is owned by Glencore Plc and produced an estimated 354.2 Thousand tonnes of zinc in 2020.

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Kipushi Zinc Mine. The Kipushi zinc-copper-germanium-silver-lead mine in the DRC is the world's highest-grade zinc mine, and is on track to return to production in Q3 2024. Kipushi is expected produce approximately 270,000 tonnes of zinc in concentrate upon recommencement of production, which will place it among the world's largest zinc …

After raising $450 million in 2019 for the facility, Trafigura had to suspend the project in March last year due to the global pandemic. Official figures show that more than 200,000 people make ...