mining companies in katanga province

Katanga mining sector - Geco Project

Katanga mining sector Print this page. Background - Evolution - a href="#mines">Mines in Katanga. Background. The Katanga Region in DRC is rich in copper, cobalt and uranium deposits. Situation. The province of Katanga (Democratic Republic of Congo) covers one fifth of the national territory and inhabited about 8...

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Democratic Republic of Congo tells mining companies to relocate

Apr 25, 2017 ... The companies, all headquartered in Lubumbashi, the capital of Haut-Katanga province, must move to Kolwezi town in neighbouring Lualaba, where their mines were based, Mines Minister Martin Kabwelulu said in an April 14 letter, a copy of which was seen by Bloomberg and confirmed by the ministry.

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afrol News - "Mining crisis" in DRC's Katanga province

According to the UN's peacekeeping mission in the DRC, MONUC, today expressed its concern over "the current economic crisis in south-eastern DR Congo's Katanga province, which has led several mining companies to stop their operations." The crisis was said to be "so alarming" that MONUC was now "assessing the...

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Mpokoto Gold Project, Katanga Province - Mining Technology

The Mpokoto gold project is located approximately 250km west of the mining town of Kolwezi, within the Katanga Province, Democratic Republic of Congo, and ... its subsidiary Mines d'Or de Kisenge (MDDK), while the remaining 20% is owned by Miniere de Kisenge-Manganese, a Congolese state-owned company.

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Doing business in the DRC – Katanga Mining Limited

All assets and operations of Katanga Mining Limited are located in the Katanga Province of the Democratic Republic of Congo (DRC). It is a vast ... Infrastructure in the DRC remains in poor condition after years of war and lack of investment, posing numerous operational challenges to companies like Katanga. Private...

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MMG Limited | Kinsevere

Kinsevere is a world-class copper mine located in the Democratic Republic of the Congo (DRC). Kinsevere was acquired by MMG in 2012 and is an important part of the company's portfolio of high quality base metals assets. Through a ... Location, Approximately 35 kilometres from Lubumbashi, Katanga Province. Product...

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Indian Mining Companies in the Democratic Republic ... - Africa Portal

Oct 31, 2011 ... The main risk to Indian mining companies is political. As with other mining companies operating in Katanga, they are vulnerable to a change in policy from Moïse. Katumbi's successor as governor of the province. CoPPEr And CobAlt. The DRC has the largest reserves of copper and cobalt in Africa.

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Mining companies told to move HQ's as provinces vie for minerals ...

Apr 26, 2017 ... The companies, all headquartered in Lubumbashi, the capital of Haut-Katanga province, must move to Kolwezi town in neighbouring Lualaba, where their mines are based, Mines Minister Martin Kabwelulu said in an 14 April letter. “The objective is to move the administration of these companies closer to...

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Katanga Mining - Wikipedia

Katanga Mining Ltd (TSX:KAT) is a mining company operating in the Democratic Republic of the Congo with its headquarters in Canada. Katanga Mining operates a major mine complex in the Congo's Katanga Province, producing refined copper and cobalt. It claims to have the "potential of becoming Africa's largest copper...

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Katanga Mining in Democratic Republic of the Congo company ...

Katanga Mining is a mining company in the Katanga Province of the Democratic Republic of the Congo (DRC), majority-owned by Swiss commodity trader Glencore. It produces copper and cobalt at a single location, and according to Katanga its mine has "the potential to become Africas largest copper producer and the...

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The DRC's Katanga Province Return of the Copper King

Jan 28, 2014 ... Belgium gained control of the Congo following the 19th century Scramble for Africa and set up the Union Minière du Haut-Katanga (UMHK) [Mining Union of Upper Katanga] to exploit the vast mineral resources of the province. By 1955, the company had become the largest producer of cobalt and third...

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Democratic Republic of Congo to top global mining sector growth

May 4, 2017 ... Furthermore, the spectacular rise in global cobalt demand will further fuel potential for growth in the Democratic Republic of Congo's mining sector due to the ... The country's Katanga province, where most the important mining assets are found, will be most at risk of witnessing turmoil due to its history of...

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It's raining copper in the DRC's Katanga Province - InvestorIntel

Jul 25, 2014 ... Mining companies such as Phelps Dodge and First Quantum Minerals have established operations there and ore is world class. Several small companies are also actively considering copper and other minerals in the DRC. The Katanga province of the DRC hosts more than 10% of the world's copper and...

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Ruashi Copper and Cobalt Mining - Metorex

Dec 13, 2013 ... Ruashi is a copper and cobalt mine in Katanga province, located within the Democratic Republic of Congo. This mine is made up of three open pits, along with a modern solvent extraction electro-winning processing plant. Ruashi Mining started production way back in 1911. In 2005, this company was...

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New political topographies. Mining companies and indirect ... - Cairn

Mining companies and indirect discharge in Southern Katanga (DRC) ..... Concerning the role of the state in Katanga, state agents close to the current Kabila government control the provincial government and parts of the mining administration in order to exercise control over revenues, but are absent from the provision of...

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Katanga Mining Is A Potential Turnaround Story - Seeking Alpha

Jan 1, 2017 ... Katanga Mining is a Swiss mining company with large copper and cobalt reserves in the Katanga province of the Democratic Republic of Congo (DRC). Their KOV open pit and Kamoto underground mine stopped production in 2015 due to the low copper prices, and is undergoing a modernization of their...

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Democratic Republic of Congo Growth with Governance In the ...

Report No. 43402-ZR. Document of. The World Bank. Democratic Republic of Congo. Growth with Governance. In the Mining Sector. May 2008. Oil/Gas, Mining and Chemicals Department. AFCC2. Africa Region...

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DRC mining contracts - Natural Resource Governance Institute

Government revenues for mining only totalled just US$ 32 million in 2006. You have over 284 mining companies in the Katanga province alone. Where does the money these companies pay go? Do they pay the taxes at all? While in other parts of the country such as Katanga and Kasai you have registered companies...

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Miners Told to Move Congo HQs as Provinces Vie for Revenue ...

Apr 24, 2017 ... The companies, all headquartered in Lubumbashi, the capital of Haut-Katanga province, must move to Kolwezi town in neighboring Lualaba, where their mines are based, Mines Minister Martin Kabwelulu said in an April 14 letter, a copy of which was seen by Bloomberg and confirmed by the ministry.

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Topic - Lubumbashi - Mining Weekly

By: Nica Schreuder 14th July 2017 Mining services company Fraser Alexander is focused on expanding its presence in the Democratic Republic of Congo (DRC) and Zambia, both prime .... By: Sheila Barradas 11th October 2013 A copper and cobalt mine, located in Katanga province, in the Democratic Republic of Congo.

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The Mineral Industry of Congo (Kinshasa) in 2013 - USGS Mineral ...

numerous companies in Katanga Province. Some companies produced black copper from concentrate produced at their own mines and others sourced concentrate from artisanal miners. In 2013, Congo Dong Fang International Mining SPRL (CDM) of China produced nearly 25,000 t of copper in black copper;. Rubamin...

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Chambre des Mines RDC

Jun 8, 2016 ... taxes in francs in an attempt to re-establish the Con- golese franc. The government of the new province of Lualaba (Kolwezi) wants mining companies to bankroll and build a 60km toll road between Kolwezi and Sakabinde on the Zambian border, through a $100/ton tax on exports of concen- trates. Katanga...

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Mining — DR Congo — Our Africa

Eastern regions of the DR Congo are rich in minerals and diamonds, with the southern province of Haut Katanga particularly known for its mining wealth. Mining Haut Katanga ... by large mining companies. These companies are taxed on their earnings and the money is used to build roads and facilities such as hospitals.

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Mining – Welcome to GICC website - GICC Sarl

Mining. GICC SARL owns several concessions in the Lualaba Province as well as in the Haut Katanga Province. Both Provinces known previously as Province of Katanga ... In 2013, GICC signed a Joint Venture agreement with Regal Resources (Nzuri Copper), an Australia Mining company and Traxys, a Luxemburg based...

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Belgian Mining Company Accused of Lying About Bulldozing ...

Nov 25, 2014 ... The demolitions happened November 24 and 25, 2009, in the village of Kawama, near the Luiswishi copper and cobalt mine. Kawama is located in the Katanga province, a region known for its vast mineral deposits, including cobalt — a key ingredient in smartphone batteries. Amnesty says that Forrest...

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Widespread fraud and abuse in Katanga's copper and cobalt mines ...

The copper and cobalt mining industry in Katanga, in southeastern Democratic Republic of Congo (DRC), continues to be plagued by fraud, abuse and political interference, Global Witness said in a new report released today. “In the run-up to elections, politicians and companies have been scrambling to get their hands on...

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Social impacts of artisanal cobalt mining in Katanga ... - Öko-Institut eV

19. 4.2.2. State-owned companies. 21. 4.2.3. Private mining companies. 22. 4.2.4. Traders. 23. 4.2.5. The State. 24. 4.2.6. Assaying companies. 26. 4.2.7. Local Communities. 26 ..... Katanga province (D.R.Congo), and provides consumers, corporate and political decision-makers with an up-to-date and objective analysis of...

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Mining for Energy: The DRC's unlikely power solution | Daily Maverick

Sep 28, 2017 ... Major companies, largely based in the mineral rich south-eastern portion of the country — formerly known as Katanga province — gradually moved in. To continue working, they had to install generators or purchase electricity from neighbouring Zambia. A few large private mining companies, most located in...

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CSR and development: a mining company in Africa | Journal of ...

Research on CSR in the Democratic Republic of Congo, specifically in the Katanga province, is very scarce, even if mining companies are starting to operate in that Province, raising important problems in terms of development and cultural change. In spite of several problems, SGM is a case of good practice that can inspire...

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DRC: Chinese investment in Katanga | Pambazuka News

CHINESE PRIVATE INVESTMENT IN THE MINING SECTOR OF THE DRC'S KATANGA PROVINCE. The most important arena for Chinese market-driven engagement with the DRC is the south-eastern mineral-rich Katanga province and its 'copper capital', Lubumbashi. The lion's share of Chinese private FDI to the DRC...

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Democratic Republic of Congo: Mining, Minerals and Fuel Resources

Oct 8, 2012 ... In 2010, many companies were involved in the production of copper blister, especially in the Katanga Province. Some of the companies are listed below: Congo Loyal Will Mining sprl of Hong Kong produced about 16,100 t of copper blister; Congo Dong Fang International Mining sprl of China produced...

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DRC - Tiger Resources

The economy of the DRC has historically been dominated by its resource sector. The copper belt region of the country, in the southern province of Katanga, is renowned as one of the richest mineral regions of the world. The DRC-Zambian copper belt is the fourth largest global copper reserve, and has copper grades among...

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China's cobalt conundrum in Congo - Lowy Institute

Feb 12, 2018 ... The new laws, finalised in the past fortnight, will subject mining companies, such as Glencore and China Molybdenum, to added royalties and tax hikes on ... governor of Katanga province and architect of that region's economic development, enjoys respect from the mining industry but is operating from exile...

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Copper Colony in Congo - Global Policy Forum

There is potentially enormous mineral wealth in the DRC province of Katanga. ... Lubumbashi is the capital of Katanga, the southernmost state of the Democratic Republic of Congo (DRC). .... Security guards working for the Australian company Anvil Mining were involved in deaths that resulted in a controversial trial.

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In search of clean water: human rights and the mining ... - ReliefWeb

Nov 21, 2013 ... This is one of the lowest access rates in the world. In the Katanga province, rich in cobalt and copper, some industrial mining companies operate provoking significant pollution of water sources, seriously affecting the local population. Although there is a lack of comprehensive data available, several studies...

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Outlook for mining in Africa - Lexology

Feb 7, 2018 ... China Molybdenum, for instance, secured a 56 percent stake in Tenke Fungurume Mining, one of the world's largest known copper and cobalt resources in Katanga Province, DRC for US$2.65 billion. The appetite to raise more capital in the sector is expected to grow. While issuing more equity will remain...

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Democratic Republic of Congo - Mining Africa

Mining fact: Mining sector makes 90% of export. Although ... Mining in the DRC plays a significant role in the global production of copper, diamonds, gold, tin, coltan, tantalum and cobalt. As in 2009 ... The biggest mines in the country are situated in the Katanga province in the south of the DRC, previously known as Shaba.

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The DRC is revisiting its mining code. Why reform is long overdue

Jun 28, 2017 ... A worker walks near the Congolese state mining company Gecamines' in the southern province of Katanga. REUTERS/Jonny Hogg ... Its primary objective was to relaunch the industrial mining sector following the Congo Wars of 1996 to 2003 by opening it up to foreign investors. While it has been...

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Anvil Mining Limited - AGE (African Growing Enterprises) File ...

The Company produces a copper and silver concentrate from the high-grade Dikulushi mine and copper concentrates from the Mutoshi copper tailings ... The success of Anvil's business in the DRC is built on five key factors: high grade resources: Katanga province has more than 10% of the world's copper and all of Anvil's...

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Gecamines woos Chinese investors for Congo mining projects

Nov 23, 2016 ... He added the new partnership with China Nonferrous Metal Mining — under which the Chinese company has agreed to spend $2bn to build and operate a copper processing facility in the mineral-rich Katanga province — could be a suitable model for future joint ventures. China Nonferrous Metal Mining...

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