Investment
Features
FeesSafety
Academy
More
Pluang+

Midnight Sun Mining advances copper discovery at Zambia's Dumbwa with extensive drilling and $20M budget.

Market News
28 Mar 2026
Proactive Investors
View Source
Neutral
pluang ai news

Midnight Sun Mining is progressing its Dumbwa copper project in Zambia, currently in the resource delineation phase after a discovery in August. The company has drilled 166 holes, establishing a four-kilometer strike length within a broader 20km copper-in-soil anomaly, targeting a large-scale deposit similar to Barrick’s Lumwana mine. With a $20 million budget and $35 million cash on hand, drilling continues at about 10,000 meters per month using five rigs, aiming to define the first 12km of the deposit by Q3 and potentially reach 1 to 1.5 billion tonnes. This positions the company well amid strong global copper demand and infrastructure developments in Zambia, with plans to produce an initial mineral resource estimate soon.

More News

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

Market News
Bullish
2 hours ago
Bitcoin could drop to $38,000 by October if 2025-26 downturn mirrors 2022 bear market, says NYDIG.

Bitcoin could drop to $38,000 by October if 2025-26 downturn mirrors 2022 bear market, says NYDIG.

NYDIG projects Bitcoin might fall to $38,000-$39,000 by October 2026 if the current 2025-26 market decline matches the depth of the 2022 bear market. Bitcoin is currently trading near $64,500, down about 30% this year and roughly 50% below its Octobe...

Market News
Bearish
4 hours ago
PepsiCo rated strong buy with 13.7-18.2% growth forecast, driven by dividends, EPS, and undervaluation.

PepsiCo rated strong buy with 13.7-18.2% growth forecast, driven by dividends, EPS, and undervaluation.

PepsiCo is rated a strong buy due to its attractive combination of dividend yield, earnings growth, and undervaluation. The company is projected to achieve a forward compound annual growth rate (CAGR) between 13.7% and 18.2%, supported by dividend in...

Analyst Insights
Bullish
4 hours ago
XRP Ledger surpasses 8M activated accounts amid rising institutional and AI adoption

XRP Ledger surpasses 8M activated accounts amid rising institutional and AI adoption

The XRP Ledger (XRPL) has exceeded 8 million activated accounts, marking significant growth driven by institutional interest and AI integration. Originally built for fast cross-border payments, XRPL now supports tokenization of real-world assets, dec...

Protocol Fundamentals
Bullish
4 hours ago
Ora Banda Mining mencatat rekor produksi emas kuartalan, mengakhiri tahun fiskal 2026 dengan arus kas yang kuat dan basis sumber daya yang lebih besar.

Ora Banda Mining mencatat rekor produksi emas kuartalan, mengakhiri tahun fiskal 2026 dengan arus kas yang kuat dan basis sumber daya yang lebih besar.

Ora Banda Mining Ltd (ASX:OBM) melaporkan rekor produksi emas pada kuartal Juni 2026, mencapai 39.552 ounce, sehingga total produksi setahun penuh menjadi 140.949 ounce. Perusahaan mengakhiri Juni dengan kas A$267,7 juta dan total likuiditas A$468 ju...

Company Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App