Nickel-copper miner and explorer Jervois Mining plans to drill in the Kilembe area in western Uganda to test high-grade copper/gold cutting samples and gold anomalies in the soil. The planned drilling is focused on the tectonic zone, which was determined based on the geomagnetic work carried out earlier this year, which is consistent with the high-grade surface rock debris and soil samples obtained earlier this year.
Zambian mining company revenue fell by 30% from February to April
The Zambia Chamber of Mines recently disclosed that affected by the new crown epidemic, the revenue of mining companies operating in Zambia fell by 30% from February to April, and this trend will continue for at least one year. The reason for the decline in mining company revenues is the decline in mining royalty income, the obstruction of copper export and sales, the decline in copper prices and the rise in mining company costs.
