Independent copper and future metals developer, Serval Resources’ has announced results for the company’s retail offer which has raised to £7 million, expected to fund copper exploration in both Namibia and Botswana. According to the company, the fundraising has conditionally raised total gross proceeds of approximately £7 million before expenses, …
Read More »Serval Resources’ Kaoko Basin confirm high-grade mineralisation
Independent copper and future metals developer, Serval Resources’ latest assay results confirm high-grade copper-silver mineralisation across multiple prospects at Kaoko Basin project. According to the company, the results validate and extend previously reported field portable X-ray fluorescence analyser (pXRF) readings, validating Cu-Ag mineralisation across several distinct mineralised styles and horizons …
Read More »Sultan secure copper-gold foothold in Damara Belt
Australian miner Sultan Resources has applied for a 171.2km² copper-gold exploration licence in Central Damara Belt, a district already hosting multi-million-ounce deposits. Without issuing a single consideration share, Sultan Resources’ Kaalkop Copper-Gold Project move is one of the most capital-disciplined entry points in African gold exploration. Sultan Resources has lodged an …
Read More »Serval Resources Confirms Surface Copper-Silver Potential in Namibia
Serval Resources Plc (AIM:SRVL) has identified widespread copper-silver mineralisation at surface during a geological mapping campaign across two exclusive prospecting licences in Namibia’s emerging Kaoko Basin. The London-listed explorer confirmed Tuesday that the program verified multiple historically logged copper showings in outcrops and uncovered newly exposed surface mineralisation across both …
Read More »Appian acquires Omico Copper in strategic Namibia buyout
Appian Capital Advisory, the investment advisor to long-term value-focused private capital funds investing in companies in metals, mining, and adjacent industries, has acquired a 95 percent controlling equity interest in the Omitiomire copper project. Near-term production supported by strong project economics, attractive margins and upside through processing improvements, mine design …
Read More »General Copper Gold Secures Namibia Foothold in Promising Damara Belt
In a move to enter into an option agreement to acquire an 80% undivided interest in an exploration licence application, General Copper Gold’s licence will be covering approximately 48,500 hectares in central-north Namibia’s Otjozondjupa region, targeting a geological setting that hosts significant existing deposits of tin, uranium, gold and base …
Read More »Congo Enters Global Capital Markets With $1.25 Billion Debut Bond
The Democratic Republic of Congo has made a landmark entry into international capital markets, raising $1.25 billion through its first Eurobond issuance. This is a milestone that reflects growing investor confidence in the country’s economic trajectory and its strategic position at the centre of the global critical minerals supply chain. …
Read More »Andrada Mining Unlocks Economic Potential at Brandberg West through Breakthrough Test Results
The Namibia-focused mining company Andrada Mining has announced highly encouraging results from preliminary metallurgical testing at its Brandberg West project. The findings indicate a substantial grade uplift alongside high metal recoveries for tungsten, tin, and copper, which together suggest a more efficient and cost-effective pathway toward full-scale production. By utilising …
Read More »Canadian investors to explore Namibia’s mining opportunities
The Canadian business community is highly anticipating participating at the 5th Canada-Africa Business Conference in Windhoek. Organised by the Canada-Africa Chamber of Business, the event is scheduled for the first week of February. In addition, the event is expected to position the country at the centre of high-level Canada–Africa trade and …
Read More »Namibia’s Dormant Copper Mines Tapped to Ease Global Shortage
The global copper market is heading towards a critical supply crunch, and a leading copper producer, Consolidated Copper Corporation (CCC), is positioning the reactivation of existing mines in Namibia as a swift and sustainable solution. CCC’s CEO, John Sisay, argues that these “brownfield” projects are a necessary countermeasure to a …
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