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Impetus for more copper convincing miners of great rewards in Zambia, DRC

Mining corporations are considering investing in nations that they previously deemed too hazardous, such as the Democratic Republic of the Congo and Zambia, owing to a shrinking pipeline of large copper mines elsewhere and record-high prices. Because of investor concerns about unpredictable regulatory regimes, difficult working conditions, and corruption, some …

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Akobo Minerals, MIDROC signs second core-drilling rig deal

Norway-based gold exploration company, Akobo Minerals will soon be working with a total of three core drilling rigs in the field, including one company owned drill rig. The company is currently doing exploration and small-scale mine development in the Gambela region and Dima Woreda, southwest Ethiopia. The additional drill rig …

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Edenville seeks to recapitalise the company then ensure operations and customers were in place before committing its resources to production-CEO

Edenville has been focused on preparing the site to satisfy the projected demand for Rukwa coal since the Company’s £2.475 million capital raising closed at the end of May 2021. This activity largely focused on pre-strip overburden, with 13,000 tonnes of material removed in September 2021. This has also allowed …

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