Quarrying

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.

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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.

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Staying in control

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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.

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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.

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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.

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