what is glencore mining planning in drc copper mines

Mutanda - Mining Atlas

Mutanda is a Copper-Cobalt Mine in DRC owned by Glencore Xstrata, Fleurette Group. General: Mutanda is a newly ... Diversified miner Glencore plans to restart mining activities at the Integra underground coking coal mine, in the Hunter Valley, as the price of metallurgical coal continues to rise. Glencore acquired the...

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Musonoi - Mining Atlas

Musonoi is a Copper Mine (Kolwezi), also known as Musonoie-T17, in DRC owned by Glencore Xstrata. General: The ... Diversified miner Glencore plans to restart mining activities at the Integra underground coking coal mine, in the Hunter Valley, as the price of metallurgical coal continues to rise. Glencore acquired the...

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DRC says Ok for Glencore to take full control of Mutanda copper mine

The Democratic Republic of Congo won't stand in the way of Glencore's (LON:GLEN) plans to increase its stake in the Mutanda copper mine, an asset it jointly owns with billionaire mining tycoon Dan Gertler. Mines Minister Martin Kabwelulu told Bloomberg he “didn't believe” the government needed to authorize changes in...

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Glencore mulls increasing stake in DRC mine with Gertler

Jan 9, 2017 ... The $1.8bn Mutanda project is central to Glencore's global copper expansion plan. Glencore and Gertler began investing in mines at Mutanda and neighbouring Katanga almost a decade ago. In 2015, Mutanda produced more than any other copper mine in the Democratic Republic of Congo, Africa's...

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Democratic Republic of the Congo - Glencore

The Democratic Republic of Congo (DRC) is an important copper-producing nation. See how we are working to support the country's long-term growth. What do you do in the DRC? The DRC is home to one of the world's main copper-mining regions: the African Copperbelt. In the DRC, we have a substantial stake in...

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Glencore DRC mining fee discounts called into question

Nov 29, 2017 ... Company said to have paid $440m less than market rate for copper and cobalt assets. ... Glencore DRC mining fee discounts called into question. Company ... “DCP's mine was one of the richest of the country,” said Elisabeth Caesens, director of Resource Matters and an expert on the DRC mining industry.

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Glencore deals mining blow to African copper producers

Sep 8, 2015 ... Glencore's move to suspend operations at mines in the Democratic Republic of Congo and Zambia has dealt a significant blow to Africa's top two copper producers. The mining and trading group announced on Monday it was halting production at its Katanga mine in the DRC and its Mopani operation in...

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Congo mine tests Glencore's efforts to weather copper slump - Reuters

Dec 2, 2015 ... The upgrade will include a new leaching plant that Glencoresays will allow the site to process ore more cheaply. But it hasnot given any more detailed plans on how it aims to cut costs atthe mine - which is owned by Kamoto Copper Company (KCC), ajoint venture between Glencore-controlled Katanga...

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Glencore agrees to buy Fleurette's copper and cobalt DRC assets ...

Glencore has increased its hold on Democratic Republic of Congo's copper and cobalt resources by buying the remaining stake in the Mutanda mine from resource group Fleurette and increasing its share in Katanga for a total of $960 million. Company statements said Glencore now owns 100 percent of the Mutanda mine...

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DRC says Ok for Glencore to take full control of Mutanda copper mine

Jan 12, 2017 ... The Democratic Republic of Congo won't stand in the way of Glencore's (LON:GLEN) plans to increase its stake in the Mutanda copper mine, an asset it jointly owns with billionaire mining tycoon Dan Gertler. Mines Minister Martin Kabwelulu told Bloomberg he “didn't believe” the government needed to...

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Glencore buys DRC mine shares from Israeli magnate | News24

Feb 14, 2017 ... Glencore, widely regarded as a maverick in the global commodities sector, will assume full control of the Mutanda mine and 86% of Katanga once the deal for the cobalt and copper assets is finalised. The partnership between Glencore and Gertler in DRC has been closely watched, following allegations...

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Katanga Mining Announces Commissioning of the Core of the First ...

Dec 11, 2017 ... The Luilu site where the WOL and electro-winning plants of KCC are located, successfully produced its first copper cathode on December 11th, 2017. Copper and cobalt ... Katanga Mining Limited operates a major mine complex in the Democratic Republic of Congo producing refined copper and cobalt.

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Glencore directors step down from DRC unit amid probe | Fin24

Nov 20, 2017 ... Katanga is one of two giant copper projects operated by Glencore in Congo. The Swiss trader suspended production at the mine in 2015 to invest in new processing facilities but plans to produce as much as 300 000 metric tonnes of copper and 20 000 tonnes of cobalt a year from the unit by 2019. Glencore...

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

Nov 5, 2017 ... A copper mine seen from the air in Katanga province, DRC. Photograph: Bloomberg via Getty Images, Guardian design team. A secretive multinational company worth billions, whose founder turned fugitive was pardoned by a president. An Israeli diamond tycoon, rumoured to be the inspiration for a...

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Glencore in Katanga, DRC | Raid

Pollution, disregard for communities and fatal shootings in Katanga, DRC. ... Copper and cobalt concentrations remain far above WHO thresholds for drinking water. ... Glencore claims that it has no control over the DRC mine police, yet they are in the company's pay, and their operations appear to be directed by KCC's...

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Glencore Reshuffles Board of Congo Unit Amid Probe | Fox Business

Nov 22, 2017 ... Glencore, in a separate statement Monday, said it plans to implement "various structural and control changes" across its copper department. Monday's disclosures reveal a chaotic situation at the giant Congolese copper mine, which Glencore first invested in 2008 as it ramped up operations. Recurring spills...

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Glencore studying "strategic options" over DRC's Mutanda - Miningmx

Jan 5, 2017 ... GLENCORE was “considering its strategic options” in respect of its $1.8bn Mutanda Mining Company, a producer of copper and cobalt that mines in the Katanga ... Glencore also unveiled plans for a new distribution policy which would take effect in its 2018 financial year the basis of which was a fixed $1bn...

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Glencore kills Zambia, DRC's copper goose - BizNews.com

Sep 8, 2015 ... Katanga Mining accounted for 28 percent of copper output last year in the Congo, Africa's largest producer of the metal, and employs more than 5,000 people, according to the company's annual statement. Mopani, the largest employer among Zambian mines, accounts for about 26 percent of the country's...

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Glencore plans to invest 1.1 billion dollars in Zambia's mines ...

Mar 30, 2016 ... Global mining giant Glencore said it will invest over $1.1 billion in Zambia to sink three copper mine shafts. Glencore to invest $1.1 billion in three new shafts in Zambia – Reuters https://t.co/iXGKmLN2mj. — Zambian Economist (@zambianecon) March 30, 2016. The mining shafts will be fitted with new...

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

The Democratic Republic of the Congo [Congo (Kinshasa)] played a globally significant role in the world's production of cobalt, copper, diamond, tantalum, and tin. In 2013, the country's share of the world's mined cobalt production amounted to 48%; tantalum, 17%; diamond, 12%; copper,. 5%; refined cobalt, nearly 4%; and...

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Congo freezes mining expansion projects amid electricity shortage ...

Mar 6, 2014 ... Mining expansion plans have been halted due to a power shortage that could be felt for years. (AFP) ... Glencore Xstrata's Mutanda and Katanga Mining projects and Freeport-McMoRan Copper & Gold Incorporated's Tenke Fungurume mine are Congo's top copper producers. Katanga Mining is scheduled...

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Mining exploitation in the heart of rural zones - Cordaid - English

Jan 7, 2016 ... Since 2014, the DRC has produced more than 1 million tons of copper and cobalt, making it the largest African producer of base metals – far ahead of its ... Kamoa Copper Project SA (operated by Ivanhoe Mines), Kamoto Copper Company (KCC) and Mutanda Mining (MUMI), both owned by Glencore).

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Appleby's room of secrets reveal Glencore's mysteries - ICIJ

Nov 5, 2017 ... “Glencore” is Glencore PLC, one of the world's largest mining and agriculture conglomerates, ranked 16th on the Fortune Global 500 list of largest .... But it is in the world's poorest country – the Democratic Republic of the Congo, where Glencore acquired an interest in major copper mines – that Glencore's...

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Ivanhoe Mines to begin mining from its Congo copper mine in 2018 ...

Oct 21, 2015 ... Vancouver-based Ivanhoe Mines (TSX:IVN) says it expects to start copper production at its giant Kamoa project in the Democratic Republic of Congo in ... On the supply side, companies such as Glencore (LON:GLEN) and Freeport-McMoRan (NYSE:FCX) have recently announced plans to reduce output,...

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Global Witness Q&A on Glencore in the Democratic Republic of Congo

the Kansuki and Mutanda mines, together are expected to add at least 40% to the world's cobalt output, and increase Congo's copper production by about 40% (compared to 2011 production figures) once they are fully developed. What are the links between Glencore and Dan Gertler in Congo? Glencore's mining deals in...

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Sean Stanley - Mine Technical Services Manager - Mutanda Mining ...

Glencore. Mine Technical Services Superintendent. Glencore. September 2016 – March 2017 (7 months)Democratic Republic of the Congo ... Responsibilities include but are not limited to resource/reserve reconciliation for Mutanda, mine planning and scheduling from 1 month to the end of life of mine, pit optimisation,...

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Glencore Xstrata – the birth of a mining monster - BankTrack

producer of mined copper.1. But the result of the merger may be a company too big and too global to regulate. Glencore and Xstrata were both behemoths of companies in their own right. Together, they will .... Glencore's dealings in Congo, and is a partner in all three ventures there that Glencore has stakes in. Global...

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Workers killed at Glencore's Katanga mine in Congo | IndustriALL

Mar 18, 2016 ... Seven workers are confirmed dead at the Katanga mining company's copper and cobalt mine in the Democratic Republic of Congo.

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Apple mum amid reports it's in talks with miners to secure cobalt ...

Feb 22, 2018 ... Apple mum amid reports it's in talks with miners to secure cobalt supplies Excavators and drillers 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 in 2013. | REUTERS...

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ZAMBIA : ZCCM-IH plans to hit out at Glencore - Africa Intelligence

Feb 7, 2017 ... ZCCM-IH deems that a sales accord between Mopani Copper Mines, a firm that works the mine of the same name, and Glencore is far too favorable to the Swiss trader. ZCCM-IH holds a 10% stake in Mopani alongside Glencore, which controls 73,1%. ZCCM-IH suspects the commodities giant of playing the...

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Kabila to meet miners over new DRC mining code - CCE l ONLINE ...

Mar 3, 2018 ... DRC mining firms which include Glencore, Ivanhoe Mines, Randgold Resources and AngloGold Ashanti are opposed to the new code saying it ... Although the central African country is the continent's leading copper producer and the world's leading cobalt producer, 77% of the population lives below the...

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Cobalt from the DR Congo - Deutsche Rohstoffagentur

with the DRC representing the main producer. This constellation implies increasing supply and price risks for cobalt. Additionally, planning the future supply is affected by the fact that the DRC's cobalt mine production partly originates from artisanal and small scale mining (ASM) sources, in addition to industrial mines.

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Congo miners stare into abyss | IOL Business Report

Jul 5, 2016 ... Glencore's Katanga copper mine, one of the biggest in Congo, announced an 18-month suspension last September, but analysts expect this could now be extended. ... It announced an $880 million investment in upgrades, and says it plans to resume in late 2017, but Kolwezi residents are sceptical.

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Glencore's zinc production plummets on mine closures

Aug 11, 2016 ... In a first-half production update, released today, Glencore confirmed that production of copper had also fallen after it announced plans to take 455,000 tonnes out of supply by the end of 2017. Copper output fell 4pc in the first half of the year after it suspended operations at mines in the Democratic Republic...

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Mining Companies Face Growing Regulatory Uncertainty In The DR ...

Feb 18, 2016 ... Implying that the Congolese government had abandoned plans to revise the 2002 mining code, Mines Minister Martin Kabwelulu reportedly told investors ... This has forced companies to curb exploration expenditure or suspend operations outright, as in the case of Glencore's Katanga Mining Ltd project.

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Glencore Allegedly Buys Copper From Ten Year Old Miners

Apr 17, 2012 ... Children as young as ten climb down hand dug shafts into the Tilwezembe mine in the Democratic Republic of the Congo, with no protective equipment, to recover cobalt and copper. A new BBC investigation alleges that copper ore is then trucked to buyers from Glencore, a company that took in $186...

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A State Affair: Privatizing Congo's Copper Sector - The Carter Center

Générale des Carrières et des Mines (Gécamines). Once a leading producer, Gécamines started. Executive Summary. The Carter Center's in-depth report, “A State. Affair: Privatizing Congo's Copper Concessions,” is the culmination of the Center's analysis of mining sector trends in the Democratic Republic of Congo.

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Glencore directors step down from Congo mining unit amid ...

Nov 20, 2017 ... Katanga is one of two giant copper projects operated by Glencore in Congo. The Swiss trader suspended production at the mine in 2015 to invest in new processing facilities but plans to produce as much as 300,000 metric tons of copper and 20,000 tons of cobalt a year from the unit by 2019. Glencore...

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Mining executives seek clarification on punitive DRC code

Mar 9, 2018 ... The Randgold Resources Kabili gold mine in the Democratic Republic of Congo, Africa. Source: Randgold Resources PLC. The announcement is the latest twist in a saga that began in late January following reports that the DRC was planning sweeping changes to the mining code that are expected to...

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Glencore to increase base metals production - Australian Mining

Feb 2, 2018 ... Glencore said the lower production reflected “general mine planning changes at Mount Isa and the impact of no longer processing Black Star ore. ... Its primary boost in copper production will come from the Katanga mine in the Democratic Republic of Congo (DRC), which is also due to restart this year after...

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