mining machine and by gecamine

Kambove - Mining Atlas

Democratic Republic of Congo's state miner Gecamines expects to increase copper production by over 40% this year as new machinery comes online, the company said on Friday. Gecamines plans to produce 24 000 tonnes of copper this year and 50 000 tonnes next year, interim director-general Jacques Kamenga told...

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Gecamines - Mining Atlas

Democratic Republic of Congo's state miner Gecamines expects to increase copper production by over 40% this year as new machinery comes online, the company said on Friday. Gecamines plans to produce 24 000 tonnes of copper this year and 50 000 tonnes next year, interim director-general Jacques Kamenga told...

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Insight: Congo's neglected state miner hankers for past glory - Reuters

Feb 22, 2013 ... Chinese-made machinery is seen at the Congolese state mining company Gecamines' copper plant in Kambove, in the southern region of Katanga January 31, 2013. At its peak, Gecamines was almost a state within a state. It directly employed more than 30,000 people and ran schools, hospitals, flour mills...

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Congo's Gécamines calls for overhaul of country's mining

Jan 9, 2018 ... Gécamines, the state-owned mining company of the Democratic Republic of Congo, has called for an overhaul of the country's mining code, saying it does not allow the country “to benefit from its abundant natural resources.”

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DRC Mining Week 23-24 June 2017, Lubumbashi, mining ...

The increase is being achieved by investing in new machinery at Gecamines' Kambove mine. The firm was in talks with China Nonferrous Metal Mining Group over the development of a mining joint venture and it is now confident that the venture can proceed. Gecamines is unhappy with the terms of existing joint ventures,...

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Congo's Gecamines sells copper assets to Chinese ... - MINING.com

Jul 14, 2015 ... Exploration drilling at the Kamoa copper project, in the Democratic Republic of Congo. (Image courtesy of Ivanhoe Mines). The Democratic Republic of Congo's state-owned miner, Gecamines, has sold a copper-cobalt mining permit in southeast Katanga province to Chinese investors for $52 million.

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Congo's Gecamines to rework contracts with foreign ... - MINING.com

Feb 5, 2018 ... The Democratic Republic of Congo's state-owned miner, Gécamines, is seeking to take advantage of the country's new mining code and revise contracts with its international partners, as it claims the old rules meant foreign firms benefitted more from the country's riches than local producers. The company...

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cash machine - Global Witness

The hollowing out of Gécamines and the fragmented tax system mean that the agencies that are supposed to be gathering up mining revenues for the benefit of all, are in fact open to abuse by political elites seeking to extract cash from the mining sector: they are a regime cash machine. Now is the time for the gaps in the...

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Regime Cash Machine | Global Witness

Jul 21, 2017 ... The main culprits. Congo's state mining company Gécamines and national tax agencies. A toxic combination of corruption and mismanagement in Congo's revenues agencies and state mining companies is leaching a fifth of mining revenues away from the state budget that should be used on vital public...

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Gécamines - Wikipedia

La Générale des Carrières et des Mines (Gécamines) is a Congolese commodity trading and mining company headquartered in Lubumbashi, in the Katanga region of the Democratic Republic of Congo. It is a state-controlled corporation founded in 1966 and a successor to the Union Minière du Haut Katanga. Gecamines is...

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amended technical report for kamoto copper company kolwezi ...

Jun 23, 2006 ... Kamoto Copper Company. AMENDED TECHNICAL REPORT. FOR. KAMOTO COPPER COMPANY. KOLWEZI, KATANGA PROVINCE,. DEMOCRATIC REPUBLIC OF THE CONGO. PREPARED FOR. KATANGA MINING LIMITED. Compiled by: McIntosh RSV LLC. Qualified Persons: Dr. Scott Jobin-Bevans...

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Glencore cobalt supplies in Congo face hold up over mine row ...

Apr 19, 2017 ... A dispute between state-owned Gecamines and its joint-venture partner at a Congolese cobalt mine that supplies Glencore threatens to halt the supply of as much.

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Cobalt boom turns life upside down in DR Congo - Times LIVE

Mar 2, 2018 ... Excavators and drillers at work in an open pit at Tenke Fungurume, a copper and cobalt mine owned by Freeport McMoRan, Lundin Mining and state mining company Gecamines in Democratic Republic of Congo. File photo. Image: REUTERS/Jonny Hogg/File Photo. In early 2014, according to local...

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Money from Canadian mining firms vanishes in Congo, report finds ...

Jul 20, 2017 ... A Gecamines sign stands at the entrance to Katanga Mining Ltd.'s copper-cobalt mining complex in Kolwezi, Katanga province, Democratic Republic of Congo, on Wednesday, Aug. 1, 2012. ... Some of the transactions we've looked at paint a picture of these agencies as a cash machine for Kabila's regime.".

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Dispute at DRC cobalt mine heads to court, halts supply – African ...

Nov 27, 2017 ... An attempt by Democratic Republic of Congo's Gecamines to profit from the boom in battery metals has backfired, leaving the state-owned miner facing two international court actions and halting cobalt production at a key mine. Gecamines blocked its 16-year partner GTL's access to the cobalt site in...

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Tenke Fungurume Mine - Lundin Mining Corporation

Mining Operations. 3. Exploration. 4. Deposit Overview. 5. • Open pit mine. • Copper and cobalt. • 2016 estimate ~52,800 tonnes copper cathode (24%) ... Gécamines, the Congolese state mining company, holds .... expansion included additional mining equipment, mill upgrades, acid plant expansion and a doubling of.

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"Legalized Corruption" Siphoned One-Fifth of Mining Revenues from ...

Jul 24, 2017 ... “Regime Cash Machine,” published by the not-for-profit Global Witness, details how "legalized corruption" is diverting a fifth of the country's vital ... The biggest offender in the siphoning scheme is the main state-owned mining company, Gécamines, which is "hemorrhaging" money even though it used to be...

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The inside story of Glencore's hidden dealings in DRC | Business ...

Nov 5, 2017 ... It contained no more than a filing cabinet, computer, telephone, fax machine and chequebook. But the .... In order to exploit its copper reserves, Katanga needed to renegotiate its joint venture agreement with DRC's state-run mining company Gécamines, which owned one-quarter of the Katanga project.

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DRC revises mining code to capitalise on cobalt boom - eNCA

Jan 17, 2018 ... "Our partners have for 15 years -- these words aren't too strong -- cheated and stolen from us. That has to stop," the chief executive officer of the powerful Gecamines state mining firm, Albert Yuma, stormed in November. 'Regime cash machine'. The DRC should control its mineral resources like "our Arab...

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Gécamines chairman Albert Yuma-Mulimbi delivers on ambitious ...

Jan 19, 2017 ... Albert Yuma-Mulimbi, chairman of Congo La Générale des Carrières et des Mines (Gécamines), the state-owned mining company in the Democratic Republic of ... “We will achieve this by increasing the scale of our operations while bringing in new equipment and new management structures as well.

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Court rejects $100m 'vulture fund' claim against Congo's state miner ...

Jul 19, 2012 ... Gécamines' site in Kolwezi. Image by FairPhone via Flickr Creative Commons. Yesterday the Privy Council ruled a US 'vulture fund' would not be able to claim debts of more than $100m (£64m), owed to it by the Democratic Republic of Congo (DRC), from the nation's state-owned mining company,...

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Huge sums in mining revenue off the books in DRC: report | Club of ...

Nov 3, 2017 ... Gecamines wields control of the vast nation's “best mining permits”, enabling it “to generate substantial revenues from its partnerships, averaging US$262m ... The NGO Global Witness charged in July that the Congolese mining sector served as a funding machine for the Kabila regime, which has been in...

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Xinhai is awarded a contract with Gécamines for a full crushing and ...

Mar 24, 2016 ... Our products range from mining and aggregates processing equipment and systems to industrial valves and controls. Our customers are supported by a broad scope of services and a global network of over 80 service centers and about 6,400 services professionals. Xinhai has an uncompromising attitude...

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Key Mining Contracts in Katanga: The economic argument for ...

Apr 4, 2007 ... fairness of the mining contracts in the Democratic Republic of Congo (DRC), in particular the. Kolwezi joint .... Gécamines, the DRC's main state owned mining company, and a number of foreign private companies: ..... holdings, including the processing facilities, and all mobile equipment, together with all.

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MINE Magazine: Issue 66 - Mining Technology

Mar 5, 2018 ... State-owned firm Gécamines has called for an overhaul of the country's mining code, saying it doesn't enable the country to benefit from its own resources. ... Plus, from the humble wooden cart to modern day unmanned electric vehicles, we trace the evolution of mining machines through time and celebrate...

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Mine safety and Industrial accidents at the Générale des ... - HUSCAP

Gecamines extracts copper and cobalt ores in open pits and underground mines within its mining concession. The prospection activities are conducted by using drilling machines. In open pits extractive machines, transportation and loading machines are employed. In underground mines explosives and digging machines...

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Congolese copper mine may draw US$2bn Chinese investment

Aug 16, 2016 ... Gecamines, Congo DR's state-owned mining company, said that China Nonferrous Metal Mining Group (CNMC) may invest as much as US$2bn to develop its Deziwa copper-processing facility.

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great mines - InfoMine

Générale des Carrières et des Mines (Gecamines) and Union ... Gecamines (the DRC's state mining company). There is an acid ... Mining machinery. Super Rock Drill of South Africa has supplied the operations with two SUPERBLAST blasthole drill rigs mounted on tracked undercarriages for drilling holes up to. 216 mm in...

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crusher and used by gecamine

The Mills Used By Rdc Gecamine – Grinding Mill China. the mills used by rdc GECAMINE. Crusher Cost, Mining Equipment Price. the mills used by rdc GECAMINE, five roll mill, malaysia iron ore process, supplier of sand culture, surge bins design, how does ... » Learn More.

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CONGO-K : Glencore and Trafigura caught in Katanga tangle

May 9, 2017 ... In mid-March, the Pweto court had already validated an initial seizure of equipment on Anvil's permits, which owns the copper and silver mines Kapulo and Dikulushi, in light of NB's claim for an initial debt of $2.6 million. In the end, Trafigura was able to pay the sum owed to NB. Contacted by Africa Mining...

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Kinross Gold and Katanga Mining: Part of the Pillage of the ...

Apr 8, 2006 ... In February, 2004, a contract was signed between Gécamines and British Xinhai Islands-based Kinross Forrest Limited, creating the Kamoto Joint ... the ore bodies and mining assets;; will manage their respective ventures, but payment to Gécamines for rented installations and machines will likely be...

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Miners Look to Cash In on Cobalt Demand - WSJ

Jan 1, 2018 ... Amnesty International released a report in 2016 that found thousands of children, some as young as 7 years old, and adults, mine cobalt in the country and work in perilous conditions without basic protective equipment. The organization was able to trace the sale of that cobalt to Chinese refiners, which...

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Ivanhoe Mines advances discussions to launch a new era of ...

Sep 6, 2017 ... The Kipushi Mine is owned by Kipushi Corporation (KICO), a joint venture between Ivanhoe Mines (68%) and Gécamines (32%). Kipushi is on the Central African Copperbelt in the province of .... A scooptram loader and haul truck, part of the fleet of new underground mining equipment at Kipushi.

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Mining - McGuireWoods LLP

Mining Industry. 1 What is the nature and importance of the mining industry in your country? The Democratic Republic of the Congo (DRC) holds some of the ... generated by the private sector, with state-owned Gécamines having produced less than ..... exemptions are provided for the import and purchase of equipment,.

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