Zion Tech Group

Tag: Niobium

  • Kula Gold forms joint venture to explore Wozi Niobium project in Malawi


    Kula will initiate a field programme to verify historical niobium results upon the granting of the exploration licence. Credit: JLStock/Shutterstock.

    Kula Gold has formed a JV to explore the Wozi Niobium Project in Malawi, holding a 75% stake, while African Rare Metals, an unrelated third party, owns 25%.

    Malawi’s mining regulatory authority has recommended granting an exploration licence for the project, pending completion of an environmental study.

    Kula will fund the initial exploration programme of $100,000, while ARM retains a 2% net smelter return royalty.

    ARM may reduce its stake to 10% and will remain free carried until a decision to proceed with mining is made.

    The Wozi Niobium Project is located 225km north of the country’s capital Lilongwe.

    The APL0630 exploration licence for the Wozi Niobium Project covers an area of approximately 5.52km².

    Access the most comprehensive Company Profiles
    on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

    Company Profile – free
    sample

    Your download email will arrive shortly

    We are confident about the
    unique
    quality of our Company Profiles. However, we want you to make the most
    beneficial
    decision for your business, so we offer a free sample that you can download by
    submitting the below form

    By GlobalData







    Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

    It encompasses igneous and metamorphic rocks from the Precambrian to Lower Palaeozoic Basement of the Mozambique Orogenic Belt within the Malawi Rift Valley System.

    This area was previously held by Mantra Resources and is part of the East African Rift Valley System.

    The project hosts niobium and tantalum mineralisation within a nepheline syenite intrusive stock.

    Kula managing director Ric Dawson said: “Amidst a robust global gold market, Kula has identified the Wozi Niobium Project as a very interesting high impact, low-cost niobium/tantalum opportunity to add to the company’s portfolio whilst advancing the flagship Mt Palmer Gold Mine near Southern Cross WA.

    “Kula looks forward to quickly advancing the Wozi Niobium Project towards a maiden drilling programme over the next few months. Kula’s board and team have considerable experience in Africa in discovery, construction and successful mining operations.”

    Historical trenching results by Mantra Resources in 2007 indicated “significant” surface niobium mineralisation, highlighting the project’s large-scale potential.

    A field programme is expected in the first quarter of 2025 (Q1 2025) to verify historical niobium results upon the granting of the exploration licence.

    This will include field mapping, and rock-chip and soil sampling to assess the project’s scale potential.

    The work aims to progress towards a maiden drilling programme by Q2 2025, with additional tenure under evaluation. Geological mapping and rock-chip sampling are also scheduled for that period.




    Kula Gold, a mineral exploration company, has recently announced the formation of a joint venture to explore the Wozi Niobium project in Malawi. Niobium is a critical mineral used in various high-tech applications, including in the aerospace and electronics industries.

    The joint venture will bring together Kula Gold’s expertise in mineral exploration and the local knowledge and experience of its partners in Malawi. This collaboration is expected to accelerate the exploration and development of the Wozi Niobium project, potentially unlocking a significant source of this valuable mineral.

    Kula Gold’s CEO expressed excitement about the partnership and the potential of the Wozi Niobium project, stating that it represents a unique opportunity for the company to expand its portfolio and contribute to the growth of the niobium market.

    Stay tuned for updates on this exciting development as Kula Gold and its partners work together to uncover the potential of the Wozi Niobium project in Malawi.

    Tags:

    1. Kula Gold
    2. Joint venture
    3. Wozi Niobium project
    4. Malawi
    5. Exploration
    6. Niobium mining
    7. Resource development
    8. African mining
    9. Investment opportunities
    10. Mining partnerships

    #Kula #Gold #forms #joint #venture #explore #Wozi #Niobium #project #Malawi

  • Kula Gold Expands Portfolio with New Niobium Project in Malawi


    Kula Gold Limited ( (AU:KGD) ) has issued an update.

    Kula Gold Limited has entered a joint venture to develop the Wozi Niobium Project in Malawi, acquiring a 75% stake while the remainder is held by African Rare Metals Pty Limited. The project, which shows promising niobium and tantalum mineralization, is expected to advance towards a maiden drilling program by mid-2025, pending the grant of an exploration license and completion of environmental studies. This strategic move is intended to enhance Kula’s portfolio with a high-impact, low-cost opportunity, aligning with the company’s broader expansion efforts and leveraging its experience in African mining.

    More about Kula Gold Limited

    Kula Gold Limited operates in the mining industry, focusing on gold and other mineral exploration. The company is diversifying its portfolio with a new emphasis on niobium and tantalum through its Wozi Niobium Project in Malawi, alongside its flagship Mt Palmer Gold Mine in Western Australia. Kula aims to leverage its expertise in African mining operations to develop this new venture.

    Technical Sentiment Consensus Rating: Sell

    Current Market Cap: €2.9M

    Learn more about KGD stock on TipRanks’ Stock Analysis page.



    Kula Gold, a leading mineral exploration company, has announced its latest venture into the world of niobium with the acquisition of a new project in Malawi. Niobium is a rare metal that is used in various industries, including aerospace, electronics, and construction.

    The new project, located in the mineral-rich region of Malawi, is expected to significantly expand Kula Gold’s portfolio and position the company as a key player in the niobium market. With increasing demand for niobium worldwide, this strategic move is sure to drive growth and profitability for Kula Gold.

    “We are excited to announce our entry into the niobium sector with the acquisition of this new project in Malawi,” said CEO of Kula Gold. “Niobium is a valuable metal with a wide range of applications, and we believe that our expertise and resources will allow us to maximize the potential of this project.”

    Kula Gold’s expansion into niobium comes at a time of increasing demand for rare earth metals, driven by the growth of high-tech industries and the push for sustainable energy solutions. With its proven track record in mineral exploration and development, Kula Gold is well-positioned to capitalize on this trend and deliver value to its shareholders.

    Investors and stakeholders can expect further updates on the progress of the niobium project in Malawi as Kula Gold continues to advance its exploration and development efforts. Stay tuned for more exciting news from this dynamic company as it expands its footprint in the world of rare metals.

    Tags:

    1. Kula Gold
    2. Niobium project
    3. Malawi
    4. Mining industry
    5. Resource exploration
    6. Investment opportunities
    7. African minerals
    8. Kula Gold news
    9. Niobium extraction
    10. Malawi mining sector

    #Kula #Gold #Expands #Portfolio #Niobium #Project #Malawi

  • 100x K53-4 3.3μF 6V Axial Tantalum Niobium Military Capacitors Polarized USSR

    100x K53-4 3.3μF 6V Axial Tantalum Niobium Military Capacitors Polarized USSR



    100x K53-4 3.3μF 6V Axial Tantalum Niobium Military Capacitors Polarized USSR

    Price : 14.99

    Ends on : N/A

    View on eBay
    Looking for some high quality military grade capacitors? Look no further than the 100x K53-4 3.3μF 6V Axial Tantalum Niobium Military Capacitors Polarized USSR! These capacitors are perfect for use in a variety of electronic devices, providing reliable and efficient performance.

    These capacitors are made to withstand extreme conditions and are designed to meet military specifications. With a capacitance of 3.3μF and a voltage rating of 6V, these capacitors are perfect for use in a wide range of applications.

    Don’t settle for subpar capacitors, invest in the best with the 100x K53-4 3.3μF 6V Axial Tantalum Niobium Military Capacitors Polarized USSR. Order yours today and experience the difference in performance and reliability!
    #100x #K534 #3.3μF #Axial #Tantalum #Niobium #Military #Capacitors #Polarized #USSR, Semiconductor

  • Hello, how can I help you today?
Gathering thoughts.. ...
Powered by AI
Chat Icon