Base Metals

The most common base metals are copper, lead,nickel, tin, aluminium, and zinc. Base metals are used in a wide variety of applications. For example, lead has proven to be a reliable source for batteries, and nickel often is used to strengthen and harden metal alloys, including stainless steel. Base metals also are used frequently to coat other metals. For example, zinc is used to coat galvanized steel.

COFFEY MINING OPENS IN ZAMBIA

Jonathan Hunt
Jonathan Hunt, who heads up
Coffey Mining’s new Lusaka
office in Zambia

Coffey Mining/RSG Global has opened an office in Zambia to capitalise on the booming resources industry in the country, and to create a base for future operations in the neighbouring Democratic Republic of Congo (DRC).

NEW DISCOVERIES IN ZAMBIA

Zambezi Resources Limited – the AIM-listed exploration company exploring for and developing gold, uranium and base metal resource projects in Africa – has announced the discovery of three new mineralised prospects from its exploration pipeline in southern Zambia. The new prospects have all returned excellent rock chip sampling results.

Rock chip sampling and mapping at the Mwapula prospect has outlined an area of highly anomalous copper-lead mineralisation, including 11.93% copper, 31.50% lead and 212.4 g/t silver. The mineralised zone occurs within a 600m wide quartz-veined sheared corridor which trends north-west, and has been defined by mapping over a strike length of 2.4km to date.

GREEN LIGHT FOR LIBERIAN IRON ORE PROJECT

Broker visit
A broker visit to Mano’s various
West African operations

Mano River Resources Inc. (Mano) – the Toronto and AIM-listed exploration company focused on gold, diamonds and iron ore in West Africa – has come out earlier than expected with the announcement that it will go ahead with its Putu Range iron ore project in eastern Liberia.

NEW COPPER LICENCE AWARDED IN ZAMBIA

African Eagle\'s project
Percussion drilling at one of
African Eagle’s African projects

The Zambian Ministry of Mines has awarded African Eagle Resources plc – a mineral resources company traded on the London AIM, and focused on copper and gold in eastern and central Africa – the Mokambo South prospecting licence in Zambia.

PROJECTS BOOM

Leon Uys
Leon Uys, managing
director-designate of DRA

“Our notional turnover (the amount of money we manage on behalf of our clients on projects) for the 2006 financial year to February 2007 was R5.5 billion – an increase of more than 60% over the R3.5 billion achieved in the 2005 financial year,” he reveals. “Our current confirmed work-load will see us achieve our objectives for the next two years,” he adds, “and the secured workload for 2007 and 2008 should show a further significant increase each year over the R5.5 billion for 2006. And there is of course the upside potential of further opportunities we expect as we go along.”

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