AVZ Minerals is set to invest $17.9m in early works and exploration drilling at the Manono Project in the Democratic Republic of the Congo (DRC). AVZ managing director, Nigel Ferguson revealed the report and said a portion of a recent A$75m capital raising, the funds are expected to help the firmContinue Reading
The maiden mineral resource estimation exercise at Mpama South in Democratic Republic of Congo nears completion. Alphamin Resources reported that the assay results are expected to be announced later this month. To date, the miner has completed 24 235 m of drilling in 89 drillholes at its Democratic Republic of Congo-basedContinue Reading
One of the largest producers of copper and cobalt, Shalina Resources and a commodity trading giant, Trafigura have signed a US $600million financing agreement to considerably increase supplies of high-grade cobalt hydroxide and copper cathode from the Democratic Republic of Congo (DRC). The financing agreement will enable Shalina Resources, through its DRC subsidiary, Chemaf,Continue Reading
