Korean Resources Corporation (Kores), a South Korean parastatal company and a Zambian firm, SD Mining, have signed a Memorandum of Understanding (MoU) for the Asian firm to undertake mineral exploration for gold and other minerals in Kabwe, Central Zambia.
p>Korean Resources Corporation (Kores), a South Korean parastatal company and a Zambian firm, SD Mining, have signed a Memorandum of Understanding (MoU) for the Asian firm to undertake mineral exploration for gold and other minerals in Kabwe, Central Zambia.Mining
New mine on the cards
Indongo Mining Limited is to establish the Mulungwa Coal Mining Project, estimated at $10mn, in Mulungwa Basin, Maamba, in Sinazongwe District, Southern Zambia.
p>Indongo Mining Limited is to establish the Mulungwa Coal Mining Project, estimated at $10mn, in Mulungwa Basin, Maamba, in Sinazongwe District, Southern Zambia.Staying in control
Two research projects recently undertaken by Dormer’s Milling R&D facility inItaly aim to address one of the most significant factors affecting the machining process: vibration.
5 Gold Exploration Permits acquired in DRC
Shamika2Gold Inc. has entered into a definitive agreement with Shamika Resources to acquire 5 gold exploration permits in the Democratic Republic of the Congo (DRC) for a total consideration consisting of 15 mn shares of Aultra Gold, a $500,000 promissory note and a 2.5 per cent net smelter return (NSR) on exploration licenses PR-10190, PR- 10192, PR- 10185, PR- 8708 and PR- 3619 covering a total of 830 km2.
p>Shamika2Gold Inc. has entered into a definitive agreement with Shamika Resources to acquire 5 gold exploration permits in the Democratic Republic of the Congo (DRC) for a total consideration consisting of 15 mn shares of Aultra Gold, a $500,000 promissory note and a 2.5 per cent net smelter return (NSR) on exploration licenses PR-10190, PR- 10192, PR- 10185, PR- 8708 and PR- 3619 covering a total of 830 km2.NFCA commissions west ore body
Non-Ferrous Corporation Africa (NFCA) of China has commissioned its West Ore Body facility in Chambishi on the Zambian Copperbelt.
p>Non-Ferrous Corporation Africa (NFCA) of China has commissioned its West Ore Body facility in Chambishi on the Zambian Copperbelt.