Copper resource grows for Zambezi
25th Jul 2012
JULY 25 – A 50% increase in copper resources has moved Australian-based Zambezi Resources into the development phase of its100%-owned Kangaluwi project 180km east of Lusaka in Zambia.
The JORC-compliant Kangaluwi mineral resource calculated by AMC Consultants comprises 45Mt @ 0.67% Cu for 300,000t copper metal, up from the 2010 figure of 23Mt @ 0.85% for 200,000t –both at 0.3% cut-off grade. At 0.1% cut-off, the resource is 67Mt @ 0.52%.
The resource includes the Kangaluwi, Chisawa and Kalulu deposits within 7km of the known 28km strike and extends to 200m below the surface, with mineralisation open at depth.
The company plans to scope a Stage 1 oxide heap leach project for 7Mt of oxide and transitional material @ 0.7% Cu, to begin production by 2014 and followed by a Stage 2 sulphide project for the bulk of the resource.
Also in the July 18 - 24, 2012 edition
- ASIA DESK
- Atlas shrugs
- EDUCATION
- WASM books sim-training into curriculum
- EVENTS
- Don’t count on uranium supply meeting demand: Trench
- QME equipment in the CHED
- FINANCE
- Uranium to stay strong
- FROM THE CAPITAL
- African growth to beat China
- GOLD
- Luke offers a cool hand
- More gold pain before gains?
- INTERCEPTS
- $4.3B Kalia iron project set for 2015 start
- Aditya raises the bidding for Northern Iron
- Altan Rio secures Mongolian gold tenement
- Anglo buys a coal spot in Mozambique
- Anglogold signs new $US1B facility
- Atlantic completes Windimurra upgrades
- AustBauxite aims for early scoping study
- Barrick Gold’s African expansion
- Berkeley, Enusa agree to split Spanish project
- Cashed-up Integra looking to buy
- Cat signs another Bucyrus deal
- China Goldcorp, First Iron takeover terms amended
- Gang grabs Dynasty gold
- Gold One hiring contractors for strike-hit mine
- Gold production increase for Alacer
- Greek judges okay Eldorado project work
- Hodges expands its Botswana coal holdings
- Insurance deal protects Russian potash project
- Intrepid seeks talks on JV shut-out
- Investor backs Monumental’s Malaysian plans
- Lodestone seeks Olary magnetite JV
- Miners slam WA’s regional mining ban
- New raising for fluorspar aspirant
- New St Barbara targeting 435,000oz in 2013
- Newstrike appoints VP for project development
- Oversubscribed Atrum Coal lists on ASX
- Pilot production at Cieneguita underway
- Record-setting BC Iron aims higher
- Red Mountain commits to Mindoro deal
- SAfrican mines lift AngloGold production
- Second-check boost for Golden Rim
- Study green light for Cove’s Finnish titanium project
- Vale welcomes new CFO
- Way Linggo gold costs down to $250/oz
- Zimbabwe moves on diamond miners
- ISSUES
- Real risks are many for intrepid explorers
- MINING INTELLIGENCE
- What is benchdoggling?
- MINING IT
- DET CRC magnifies IOCG search target
- Gold Fields confident about auto-FMS
- IT notebook: Quintiq, LSM Technologies, Maptek, Immersive Technologies, Itasca
- Strike three for ARANZ Geo
- PEOPLE
- Borshoff says uranium fancy no fantasy
- People on the move: Murdoch University, Marengo Mining, AuRico Gold
- SOUTH AMERICA
- Latin America is a serious contender
- UnCUT
- Bore us with some details, will you?
- VIEW FROM THE WEST END
- Generation why
