Mining in DRC | Projects IQ

Mining in the DRC has depended largely on cobalt, diamonds, gold and copper mined in Artisanal and Small-Scale Mining (ASM) operations – employing around 12.5 million people. The future of mining in the DRC …

The DRC - copper and cobalt - CMOC Group Limited

Copper and cobalt mine in the DRC. CMOC is the second largest cobalt producer and a leading copper producer in the world. Covering an area of over 1,500 square kilometers, our Tenke Fungurume Mine (TFM) in the DRC specializes in exploration, mining, extraction, processing, and sales of copper and cobalt, boasting a complete set of techniques and …

Has the time come for the DRC cobalt mining riches …

It is more than four times the size of France. The DRC had an estimated $59bn economy in 2022, but income per head is a paltry $622 a year, according to the International Monetary Fund (IMF). Meanwhile, the Republic of Congo has a $13.3bn economy, a 4.9 million population and an income per head of $2,704.

Congo Mining

Congo Mining. Much of contemporary conflict research on the DRC has focused on the role of so-called 'conflict minerals' in the country's seemingly endless series of civil wars and armed conflicts. Resources extracted through mining activities are not only a major pillar in the country's gross domestic product and exports – they also ...

Governing new mining projects in D. R. Congo. A view …

In D.R. Congo, Shaba Mining's HR officers constantly compared the management instruments given to them with those put in place in the larger copperbelt companies. 12. This tentative analysis builds on C.K. Lee (2017). In her comparative study of mining companies in the Zambian copperbelt, she shows that NFCA, a mining project run by a Chinese ...

DR Congo: Mining Licence application lodged with DRC …

The documentation and formal application – which were submitted by AVZ's majority-owned DRC company, Dathcom Mining SA, will now be assessed by the DRC Government prior to the approval of the granting of the Mining Licence for the Manono Project as soon as practicably possible. AVZ's Managing Director, Mr Nigel Ferguson, said: "Lodging ...

A new mining law for the Democratic Republic of Congo

Mining royalties rates are increased: 1% for iron and ferrous materials instead of 0.5% under the former Code and 3.5% for non-ferrous materials instead of 2%. The royalty for strategic substances (eg potentially copper and cobalt) will vary between 5% and 10%. For cobalt and coltan, it appears that the royalties paid to the Government will go ...

DRC Mining - The network for the geological and mining …

The network for the geological and mining references in D.R. Congo. A result of the close collaboration between the Centre de Recherches Géologiques et Minières- Kinshasa (CRGM), the University of Lubumbashi (UNILU), the Cellule Technique de Coordination et Planification Minière (CTCPM), the Mining Cadaster (CAMI), and the Royale Museum for ...

DRC Mining sector welcomes Akon in JV with state company

Akon's foray into Congo's mining sector comes through a U.S.-registered firm called White Waterfall LLC, of which he is the president and CEO, according to contracts published on the mines ministry website. One of the contracts, dated Dec. 14 and signed by Akon, whose legal name is Aliaune Thiam, commits White Waterfall to paying a US$2M ...

The DRC should become the largest mining economy in …

Looking to the future Harwood is adamant good mining legislation with investor incentives will boost local capital and entice foreign investors will ensure growth and if the DRC gets this right it will become the largest mining economy in Africa. Harwood founded and listed the company on the TSX Venture exchange.

RDC Entreprises - Congo Mines

Casa Mining (DRC) Chemicals Of Africa (CHEMAF) Compagnie de Traitement des Rejets de Kingamyambo (METALKOL) Compagnie Minière de Dilala. Compagnie Minière de Kambove (COMIKA) Compagnie Minière de Luisha (COMILU) Compagnie Minière de Musonoi (COMMUS) Compagnie Minière de Sakania (COMISA)

Mining in Democratic Republic of Congo

MiNiNg iN DRC 4 E&MJ • JANUARY 2013 was expecting 2012 sales to reach approxi-mately 131,500 mt of copper and 11,300 mt of cobalt. Also in the premier league, Glencore operations throughout the country con-tinue through two joint ventures, Kamoto

Mining Companies in the DRC - Copperbelt Katanga Mining

Mining in the DRC. Copperbelt Katanga Mining is currently tracking almost numerous mining projects in the DRC across all stages of development. Among these projects is the Kinsevere Mine, located 30 km north of Lubumbashi, in the Kipushi Territory in the Katanga Province. Owned by MMG Limited, this is one of the most important copper mines in ...

THE DEMOCRATIC REPUBLIC OF CONGO'S REVISED …

On 9 March 2018, President Joseph Kabila signed into law significant changes to the Democratic Republic of Congo's ( "DRC") mining code (the "Revised Code" ). 1 The Revised Code, which amends the 2002 Mining Code 2 (the "2002 Mining Code" ), was adopted by both houses of Parliament on 27 January 2018 and came into force upon ...

Mining Companies in the DRC | Africa Mining IQ

Mining in the DRC. We're currently tracking almost 100 mining projects in the DRC across all stages of development. Among these projects is the Kinsevere Mine, located 30 km north of Lubumbashi, in the Kipushi Territory in the Katanga Province.Owned by MMG Limited, this is one of the most important copper mines in the world, with a capital value of about ZAR …

New exports suspended from Congo's copper and cobalt …

Tenke is one of the world's biggest cobalt mines, accounting for about 14% of global production in 2021, according to calculations by Bloomberg using figures from Darton Commodities Ltd. It's also a major copper producer. With new exports blocked, "only those for which TFM had already prepaid before the decision of the provisional ...

BGR - DR Congo

Coltan Mine Bibatama in Nord-Kivu Source: BGR. The Democratic Republic of the Congo (DRC) is one of Africa's most richly endowed countries in terms of mineral wealth. The country hosts numerous major deposits of diamonds, gold, copper, cobalt, tin, tantalum and lithium. Mining is of high significance for the country's economic development ...

Glencore plans to resume production at Congo's Mutanda …

Located in the Katanga province, the large-scale copper and cobalt mine also produces copper cathodes and cobalt hydroxide. Earlier this year, Glencore said that it was working to resume production at Mutanda mine, which has been on care and maintenance since November 2019. In 2019, Glencore CEO Ivan Glasenberg decided to suspend operations at ...

DRC Congo new mining code |Key changes| Africa

The new code requires mining companies to comply with local law 17/001 of February 2017 requiring contractors to be Congolese and owned by Congolese shareholders. While unclear, it is generally accepted that this means the Congolese contractor must be majority owned by Congolese shareholders. Furthermore, in concluding services contracts for ...

World needs DRC's copper to kick fossil fuels – mining …

That's the view of mining magnate Robert Friedland, whose Kamoa-Kakula venture just started producing copper in the Democratic Republic of the Congo. After scouring 59 countries over more than three decades, the Canadian billionaire says Congo has the world's best deposits of the metal used in everything from electric cars to solar panels ...

Home Page | DRC Mining Week

What an incredible experience! DRC Mining Week welcomed 200 sponsors and exhibitors, over 5200 visitors during the 3 days, and over 800 delegates and VIP at the conference. Our guest of honour, H.E. the Ministry of Mines from the DRC, inaugurated the exhibition and conference with a 'crème de la crème' delegation. Let's go back to memory lane!