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Ivanhoe Mines is expanding its exploration footprint into another top 10 copper-producing nation, with a view of replicating the success it has had within the Central African Copperbelt.
Ivanhoe said the MOU includes commitments by the mining ministry to share information, identify prospective land packages, provide access to existing and new geological data collected by the Zambian government , and provide guidance and support in relation to the application of new licences. Following successful application of the licences, it intends to invest in exploration activities in collaboration with the Geological Survey of Zambia, with a view to co-developing viable mining projects in a joint venture with the Zambia government.
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