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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Mining Indaba conference

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Business / Economics

South Africa’s $26.3 million new mining fund sets stage for exploration boom

    By Bonface Orucho, via bird story agency   South Africa is charting a new course for its mining industry, betting on local and junior miners to identify and unlock greenfield mines as the country pursues higher sector prosperity. The country has introduced a new US$26.3 million (R500 million) mining exploration fund for local and junior miners, aiming to tap into the rising global demand for minerals. South Africa’s […]

todayFebruary 8, 2024 21

Africa

Zambia hits a copper jackpot from an AI-powered exploration

  By Bonface Orucho, via bird story agency   Zambia’s mineral portfolio has received a major boost with the discovery of the largest copper deposits ever recorded in the country. Through an official statement on the social media site X, on February 5, 2023, KoBold, an American startup backed by Bill Gates and Jeff Bezos, announced the discovery of vast copper deposits at their Mingomba mine in northern Zambia. “Mingomba […]

todayFebruary 8, 2024 6

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