PROJECTS & INVESTMENTS

Overview

The Company has a diverse portfolio of mineral assets and interests in exploration companies providing exposure to iron ore, cobalt, copper, gold, uranium, lithium and lead-silver-zinc assets in Australia, Europe, Africa and South America.

Projects

Kipushi Cobalt-Copper Project

  • Cobalt-rich tailings dam 25km from Lubumbashi, DRC.
  • JVCo hold 70% interest (increasing to 80%) in
  • tailings dam. 
  • Metallurgical testing shows recoveries of 90% for copper and 85% for cobalt achievable.
  • Leaching plant detailed design commenced.
  • Production anticipated to commence Q2 2019.
  • Tailings will be processed through a newly built 1Mtpa acid leach plant adjacent to the existing flotation plant, designed to produce a mixed hydroxide precipitate (MHP) product.

To view the recently completed Engineering Study Report for the Kipushi Tailings project by Minnovo  CLICK HERE

 

Kitwe Cobalt-Copper Project

  • Tailings dam located in Zambian Copper belt containing 6.6Mt of tailings
  • Samples collected from the tailings dam and assayed reported copper grades up to 0.93% and cobalt grades of up to 0.43%.
  • Metallurgical testwork programme to commence.
  • Optimisation of operational plan with opportunity for synergies.

 

 

INVESTMENTS

International Goldfields
Limited
  • 19.35%
  • ASX - IGS
  • Gold (Aust., Cote d'Ivoire, Brazil) Reviewing acquisition options

Cauldron Energy
  • 15.93%
  • ASX - CXU 
  • Uranium exploration in Argentina & Australia

Fe Limited
  • 40.35% 
  • ASX - FEL
  • Exploration & development of cobalt in DRC and iron ore and base metal projects in Australia

European Lithium Ltd
  • 12.01% 
  • Interests in Lithium, Focus on the development of the advanced Wolfsberg Lithium project in Austria