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Category: Mining Projects

International Gas Gold Mining Projects News

Invictus Energy Partners with Himoinsa and Dallaglio for Gas-to-Power Project in Zimbabwe

Invictus Energy, an independent upstream oil and gas company, has inked a Memorandum of Understanding (MoU) with Himoinsa Southern Africa Proprietary Limited and Dallaglio Investments Pvt Ltd. The agreement aims to develop a gas-to-power project to supply electricity to the Eureka Gold Mine in Zimbabwe. Under the partnership, Invictus Energy will provide feedstock from its Cabora Bassa Project to fuel a proposed 12MW gas-to-power plant, which will be constructed by Himoinsa. The electricity generated from

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Gold International Mining Projects News

Infinity to Bolster Egyptian Mining with $1BN Investment

Russian mining firm Infinity plans to invest up to $1 billion in Egypt’s gold mining industry to boost its business portfolio and the country’s extractive sector. Infinity announced its participation in a bidding round initiated by Egyptian mining company Shalateen Mineral Resources, which aims to explore and exploit gold and associated minerals in Egypt, focusing on the resource-rich basins of Baramiya and Hamata. Infinity’s investment plan is expected to generate up to 100,000 jobs and includes the establishment of a

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Local Mining Mining Projects News

Somiluana Mining Company to Inaugurate New Sorting Plant

The Somiluana Mining Company, located in Lunda-Norte province, is set to inaugurate its new Sorting Plant (CRP) this month, with a capacity of 6 tons of cubic meters. Guilherme Raimundo, the deputy general director of the mining company, announced that this new facility could significantly boost diamond production at the secondary deposit by approximately 12,000 carats per month, leading to the creation of over 700 jobs. The inauguration ceremony marks the commencement of large-scale production

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Diamonds International Mining Projects News

Cobre Limited Initiates Diamond Drilling Program at Okavango Copper Project

Cobre Limited has kicked off a 5-hole, 2,000-meter diamond drilling initiative at its Okavango Copper Project (OCP) in Botswana. This endeavor aims to explore for copper-silver mineralization adjacent to MMG’s Zone 5 and Boseto groups, building on previous drilling success in 2019 and leveraging geophysical data to pinpoint promising sites. Situated near MMG’s Khoemacau Copper mine, the OCP is strategically positioned to benefit from potential discoveries. The drilling program, set to begin within two months,

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Diamonds Local Mining Projects News

Samiluana Diamond Project to Launche in April, Aims for 12,000 Carats Monthly

The upcoming Technical and Scientific Days of the Mining Workers’ Day, running from April 15th to 27th, will showcase significant milestones in Angolan mining, including the inauguration of the Samiluana diamond project in Lucapa and the Cácata Phosphate Exploration Project in Cabinda. The Samiluana diamond project, located in Lunda-Norte province, boasts an estimated production capacity of 12 thousand carats per month and is set to create 762 jobs. With a 33 percent stake from Samiluana

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