Mining

Mining MoU sealed

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.

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

An example of a stability lobe diagram produced with Dormer’s proprietary software

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.