Annual production will be 300,000 t/y of concentrate over a 21-year life for the mine.
A majority of the MRE is in the measured and indicated category, totalling 22 million tonnes at 0.48% copper for 106,000 tonnes.
China’s overseas investment in metals and mining as part of its Belt and Road Initiative surged by 158% last year hitting $19.4 billion with energy transition metals the main focus.
An updated resource estimate published showed 27.87 million oz. of AuEq within 730.2 million tonnes at a grade of 1.19 g/t AuEq.
The complex architecture that connects offshore wind farms to the main power grid makes them more vulnerable to cyberattacks.
KoBold aims to earn a 75% interest in the Dumbwa portion of Solwezi, after forming a JV with the Canadian miner.
The new bid values Osino at C$268m and includes a $10-million loan to fast-track the development of the Twin Hills gold project in Namibia.
