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BNY Mellon Strategic Municipal Bond Fund Inc V.DSM


Primary Symbol: DSM

BNY Mellon Strategic Municipal Bond Fund, Inc. (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. The Fund ordinarily invests all of its net assets in municipal obligations that provide income exempt from federal personal income tax, and has adopted a fundamental investment policy to invest, under normal market conditions, at least 80% of its net assets in municipal obligations. The Fund may purchase floating and variable rate obligations, municipal derivatives, such as custodial receipt programs created by financial intermediaries, tender option bonds, and participations in municipal obligations. The Fund invests in various industries, including transportation, education, medical, airport, water, power, utilities and multifamily housing. The Fund's investment adviser is BNY Mellon Investment Adviser, Inc.


NYSE:DSM - Post by User

BNY Mellon Strategic Municipal Bond Fund Inc
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Post by Yepnewpapyon Jun 29, 2022 10:58am
176 Views
Post# 34790386

DSM update about Zambia

DSM update about ZambiaTHE BEST PLACE TO FIND A MINE IS NEAR A MINE

PROJECTS IN ZAMBIA NEAR DEEP SOUTH RESOURCES
LARGE TARGETS UNDER 6KM COPPER STRIKE AT LUANSHYA
Castillo Copper Limited (“CCZ”) is pleased to announce that multiple targets for test-drilling have been identified at the Luanshya Project in Zambia’s copper-belt, following the completion of eight IP survey lines.

PROSPECTIVE COPPER REGION
The Luanshya Project is located in Zambia’s traditional copper-belt, a globally known region that houses numerous copper deposits and operating mines. Moreover, the Luanshya Project is located ~6-10km south of China Nonferrous Mining Corp’s (CNMC) three operating mines, with combined JORC (2012) compliant Proven & Probable Reserves of 52.3mt @ 1.26% Cu (3). Of significance, the Luanshya Project is on the same NW-SE trendline, which is ~5-10km wide, that hosts two of CNMC’s operating copper mines (3)

How many mines are in Chililabombwe nearby DEEP SOUTH RESOURCES?

Chililabombwe has 16 mines.
 
The primary producing mine is Konkola Copper Mines. Konkola Copper Mine is one of Africa's largest copper producers, owned by Vedanta Resources Limited. Prior to privatization efforts in 2000, the mine was owned by ZCCM, a Zambian copper mining conglomerate.
 
The Konkola resources / reserves are estimated @ 508MT @2.20% Cu and those of the next door neigbour, Lubambe, are estimated to 343MT @ 3.20% Cu.
The annual production rate of both copper mines is 136,000MT
 
https://www.lusakatimes.com/2008/02/20/new-copper-deposits-found/
 
New copper deposits have been discovered in Masaiti and Mpongwe on the copperbelt.
Copperbelt Province Permanent Secretary, Jennifer Musonda disclosed this in Ndola.
Mrs. Musonda said there are currently increasing explorations and mineral surveys in all the towns in the province.
She said this when Science and Technology Permanent Secretary, Bullet Nsemukila who is on a tour of learning institutions under his ministry, called on her.
Mrs. Musonda said the economy on the copperbelt looks set for growth following enhanced diversification programmes.
 
https://www.deepsouthresources.com/investors/news-releases/deep-south-to-acquire-up-to-80-of-three-copper-exploration-licences-in-the-heart-of-the-zambia-copper-belt/
 

 
 
 

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