https://newsletter.mw.creamermedia.com
Copper|PROJECT|Proximity|Drilling
Copper|PROJECT|Proximity|Drilling
copper|project|proximity|drilling

Mingomba discovery highlights value of Konkola West by proximity

7th February 2024

By: Darren Parker

Creamer Media Senior Contributing Editor Online

     

Font size: - +

Aim-listed Tertiary Minerals has highlighted the promise of its Konkola West copper project, in Zambia, thanks to its close proximity to the Bill Gates and Jeff Bezos-backed KoBold Metals’ Mingomba copper project, which has been in the news over the past few days following the proclamation that it will become one of the world's top three high-grade copper mines.

KoBold has reported plans to start producing copper at the $2-billion Mingomba project by the early 2030s, exploiting what it claims is the largest copper discovery in Zambia in more than a century.

This bodes well for Tertiary, since the Mingomba project is located only about 2 km northeast of the company’s Konkola West project, where KoBold has also signed a definitive earn-in agreement. 

As announced on December 19, subject to government approvals, KoBold is planning to drill test the projected down dip extensions to the copper ore shale that hosts its new discovery. This same formation is also mined at the adjacent Konkola copper mine, where Vedanta is currently committed to investing about $1-billion to expand production. 

Tertiary has noted that KoBold has committed to drilling at least two deep drill holes for at least 2 000 m of drilling at Konkola West in the coming months. 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Klüber Lubrication
Klüber Lubrication

Klüber Lubrication ensures that the world’s essential systems—drive units, machines, and water flow—operate efficiently, sustainably, and reliably...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer
Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:2.015 2.15s - 144pq - 2rq
Subscribe Now