Chinese group gets the nod to explore for copper in Zambia

The Zambian government has granted China's Zhonghui Mining an exploration licence.

Impending shortfall leads to rising African uranium production

An impending shortfall in the supply of uranium will become apparent in the next two years, within which time production of the mineral from African resources will rise to significant levels, predicts resource consultant and contractor MSA...

First Quantum’s Q2 profit up on strong prices, higher sales volumes

LSE- and TSX-listed First Quantum Minerals, which operates in the Democratic Republic of Congo (DRC), Zambia and Mauritania, second-quarter profit has increased by 69% to $208-million, it reported this week. Earnings a share for the three-month...

African Eagle highly optimistic about Zambia copper project

The Mkushi copper project, in central Zambia, has the potential to be a highly successful project for mineral exploration company African Eagle, says operations director Chris Davies.

African Eagle upgrades Mkushi resource

AltX- and Aim-listed African Eagle Resources on Friday issued new drill data for its Mkushi project in Zambia, a joint-venture with TSX-listed CGA Mining, and updated the resource to 18,5-million tons at a grade of 0,83% copper. African Eagle...

Copper production at Zambian project postponed as transformer, substation are damaged

Canadian and Australian listed firm Equinox Minerals’ 100%-owned Lumwana copper project, in Zambia, will be delayed as a result of a fire which earlier this month caused damage to the 20 MVA transformer and adjacent 11 kV substation - which...

First Quantum 'hopeful' DRC will reopen border soon

Vancouver-based First Quantum Minerals remained “hopeful” that the Democratic Republic of Congo (DRC) would reopen the border to exports of ore from its Lonshi mine in the country, president and CEO Clive Newall said on Wednesday. The...

Feasibility study for Zambian copper mine on track – African Eagle

AltX-listed diversified mineral exploration and development company, African Eagle Resources, on Wednesday reported that the feasibility study (FS) for its Mkushi Copper Mines project, in Zambia, was on track for completion in October this year.

Konkola’s resource more than doubled –Teal

Copper and gold hopeful Teal Exploration & Mining, 65%-owned by African Rainbow Minerals, at the weekend announced that it had more than doubled its measured and indicated resources at Konkola North’s south and east limb to 51-million...

Full steam ahead for Zambia cobalt project

Toronto-based Caledonia Mining hopes to complete a feasibility study on its Nama cobalt project, in Zambia, by early June, and will continue to work towards starting production as early as posssible next year, CEO Stefan Hayden said on Monday....

First Quantum seeks answers in Zambia, DRC

Copper producer First Quantum Minerals will hold urgent talks with government officials in Zambia and the Democratic Republic of Congo (DRC) to “resolve uncertainty” over the future of its investments in these countries, CEO Clive...

First Quantum earnings jump as output, copper prices rise

TSX- and LSE-listed First Quantum Minerals more than doubled its fourth quarter net earnings, to $135,3-million, from $60,9-million a year earlier, the company said on Thursday. Net sales increased 105%, to $443,3-million, due to record copper...