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Tanzania has finalized a $27 million settlement with Montero Mining regarding the Wigu Hill project. The payment was completed in installments, concluding an extensive legal dispute that began with the …
Tanzania Completes $27 Million Settlement with Montero Mining Read More
Xtract Resources has initiated a phase two exploration program in Northwest Zambia after a successful reconnaissance phase, uncovering copper anomalies. This positions the company well in an under-explored copper district, …
Xtract Resources Advances Exploration in Zambia’s Emerging Copper District Read More
Great Southern Copper PLC has raised £1.57 million for its copper-gold exploration in Chile. This includes £1.04 million from an equity investment and £522,000 as a convertible loan. The funds …
Great Southern Copper Secures £1.57 Million Investment to Advance Chile Exploration Efforts Read More
Ecora Resources has entered a $50 million copper stream agreement with Moxico Resources for the Mimbula copper mine in Zambia. This deal aims to enhance Ecora’s copper growth and earnings. …
Ecora Resources Signs $50 Million Copper Stream Agreement for Mimbula Mine Read More
Zimbabwe’s mining sector projects a 7% growth this year, fueled by expansion initiatives and rising mineral prices, despite facing a tougher tax regime. CEO Isaac Kwesu highlights a potential revenue …
Zimbabwe Mining Sector Anticipates Recovery Amid Economic Challenges Read More
India’s Mines Secretary V.L. Kantha Rao announced that India is exploring mining opportunities for critical minerals such as lithium in Zambia, Congo, and Australia. The Zambian government has granted exploration …
India Pursues Critical Minerals Exploration in Zambia, Congo, and Australia Read More
India is exploring critical mineral mining in Zambia, Congo, and Australia to secure essential resources like lithium. Key companies are involved in these initiatives. The Zambian government has permitted exploration …
India’s Strategic Exploration of Critical Minerals in Zambia, Congo, and Australia Read More
Malawi has banned the export of gemstones and minerals to reform its mining sector. This decision follows an order to review existing contracts amid demands for billions owed from foreign …
Malawi Implements Export Ban on Minerals to Reform Mining Sector Read More
Zambia’s copper output increased by 12% in 2024, reaching 820,670 metric tons, propelled by recovery in major mines like Lumwana and KCM. Investments from Vedanta aim to rejuvenate KCM, while …
Zambia Copper Output Increases by 12% in 2024 Amid Recovery in Key Mines Read More
Minera Escondida Limitada has obtained a US$600 million loan, facilitated by Sullivan & Cromwell LLP and Urenda Rencoret Orrego y Dörr Abogados, aimed at strengthening its operational capabilities within the …
Minera Escondida Limitada Secures US$600 Million Loan for Operational Expansion Read More