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Glencore DRC

Glencore operates two copper-cobalt operations in the DRC.

AFREWATCH Criticizes Delayed Payments to Local Communities by Mining

The NGO African Resources Watch (AFREWATCH) has raised concerns over the delayed payments by several mining companies in the Democratic Republic of Congo (DRC) toward the mandated 0.3% of their turnover, intended to benefit local communities most affected by mining activities.

Copper in Africa: DRC, Zambia, South Africa and Namibia

Copper mining in the DRC. The DRC is the top copper producer in Africa, and the fourth largest copper producer globally. In 2019, the DRC's copper mine production totaled 1.3 million metric tons ...

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Kamoa Copper: Modern Mining Exemplified The newly published independent Integrated Development Plan (2023 IDP) for the Kamoa Copper Mining Complex demonstrates the bright future and vast potential for the Democratic Republic …

U.S. Strengthens Partnership with DRC to Enhance Mineral …

The meeting, which took place on Monday, included the Congolese Minister of Mines, the Chairman of the Board of Directors of Gécamines, and a delegation from Buenassa, the company spearheading a project to construct a …

Mining Supply Tenders

The three major commodity trading firms won bids to purchase copper from the Tenke Fungurume mine, a vast operation owned by China's CMOC Group Ltd. and Gecamines. According to sources familiar with the deal, the Tenke Fungurume mine is one of the DRC's largest copper and cobalt producers, with exports of 361,000 tons… Read More Here

Kamoto Copper Company

Kamoto Copper Company - KCC - is a copper and cobalt producer in the Democratic Republic of Congo, jointly owned by Glencore (75%) and Gécamines (25%). The commodities we produce are building blocks of infrastructure, energy and mobility solutions …

Kamoto Copper Company (KCC) | DRC Mining Week | Mining …

The Kamoto Copper Company (KCC) is a world class, responsible mining business in the Democratic Republic of Congo. Copper producer, Kamoto Copper Company is the world's single largest producer of cobalt – commodities that are advancing everyday life by underpinning the energy and mobility transformation and enabling the transition to a low.

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Create one of the largest, lowest cost copper mining complexes in the world. Contribute to the sustainable transformation of the DRC & its people. Pioneer a new standard for environmentally and socially responsible mining in the DRC. …

DRC Aims to Diversify Mining Sector with New Investors and …

The DRC has grown frustrated by its limited control over its mining sector, particularly in cobalt, where Chinese companies, such as CMOC Ltd., have dominated production. ... Mining in DRC Copper Mining in Zambia. Copper Prices Projected to Rise as DRC and Zambia Prepare for Increased Production. October 19, 2024 .

MINE SURVEYOR | MINING CAREERS AT CA MINING COMPANY, CONGO (DRC)

Most read today. FQM in Talks for Potential Partnerships on Zambian Assets October 23, 2024; Zambia Aims for Major Copper Output Boost Through Investor Partnerships October 22, 2024; Konkola Copper Mines Reports Second Fatality at Nchanga Mine October 22, 2024; Soleos Energy and Melci to Build 200 MW Solar Power Project in DRC's Haut-Katanga …

Leading Copper Cathode Exporters in DRC: SICOMINES, …

Of the forty copper mining companies operating in the Democratic Republic of Congo, there is a top three that is in pole position in production. ... In FY 2022, SICOMINES, KCC and TFM were the three largest producers and exporters of copper cathodes in the DRC with 247,696 tons respectively; 214,993 tons; and 127,055 tons.

Copper in the Democratic Republic of the Congo

Leading producers of copper in the Democratic Republic of the Congo are Glencore, CMOC Group, Zijin Mining Group, China Minmetals and Jinchuan Group …

Democratic Republic of the Congo: Five Largest Mines in 2021

Tenke Fungurume Mine in Katanga, was the largest mine in Democratic Republic of the Congo, producing approximately 16.6 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) and primarily produced copper (209.12 thousand tonnes) in 2021. The Tenke Fungurume Mine is owned by CMOC Group Ltd;Bohai Industrial Investment Fund Management Co;Gecamines …

DRC Copper Production Reaches 1.74 Million Tonnes in First …

Mining operators in the Democratic Republic of Congo (DRC) produced 1,738,800 tonnes of copper during the first seven months of 2024, according to data from the Central Bank of Congo (BCC). However, state-owned Gécamines contributed only a small portion to this total, with a production of 3,453 tonnes of copper within the same period.

Kibali Gold Mine Discovers Major Deposits, Expands Exploration in DRC

The mine is on track to meet its Tier 1 production and cost targets for 2024, solidifying its position as one of the continent's most profitable gold operations. Kibali has also broadened its mining portfolio in the DRC, consolidating new …

Gecamines bids for Chemaf's cobalt projects in Congo

Congo's state-owned miner, Gecamines, has submitted a bid for the cobalt and copper assets of DRC cobalt miner Chemaf Resources (CRL), reported Bloomberg News.. This move comes after the DRC government opposed Chemaf Resources's sale of its copper and cobalt mines to China's Norin Mining, arguing that it violates the lease agreements held by …

ARSP and DRC Mines Minister Sign Mining Company …

On Friday, February 3, 2023, the ARSP (Authority for Regulation of Private Sector Subcontracting) signed an agreement with the National Minister of Mines, Mrs. Antoinette N'SAMBA KALAMBAYI, to initiate systematic control within mining companies in the DRC.

DRC: Cancelling operating rights of 29 mining companies …

The Frontier copper mine at Sakania, on the border with Zambia in Haut-Katanga province. ... on 31 July cancelled the operating rights of 29 companies in DRC, raising concerns over the country's vital sector and the livelihood of numerous people. ... "Our lives depend on these mining companies," says a supplier in Kolwezi, who doesn't ...

New DRC-China Mining Amendment Sparks Controversy …

During his visit to Kinshasa in August 2022, U.S. Secretary of State Antony Blinken pushed for the revision of mining contracts favoring Chinese companies in the DRC. The U.S. praised the DRC government's decision to review these contracts, citing concerns over transparency, labor rights, and adherence to environmental, social, and governance ...

Central Copper Resources – Central Africa's only pure-play …

A familiar jurisdiction with the market, mining is a critical sector for the DRC economy: as one of the largest exporters of copper globally, and surpassed only by Chile, the …

CMOC Secures Clean Energy to Power DRC Copper Mining …

China-founded CMOC (formerly China Molybdenum) has partnered with Lualaba Power to boost clean energy supply for its copper mining operations in the Democratic Republic of Congo (DRC). This renewable energy initiative aims to support the company's energy-intensive mining and smelting activities while improving regional power stability.

DRC: Some mining companies posing as cooperatives, but …

DRC: Some mining companies posing as cooperatives, but industrially exploiting South Kivu's minerals. November 19, 2021 November 22, 2021 Janet. ... Mining in DRC Copper Mining in Zambia. Copper Prices Projected to Rise as DRC and Zambia Prepare for Increased Production. October 19, 2024 .

Glencore Congo copper mine hit with $894 million royalty row

Kamoto is one of the largest mines in Congo, exporting 200,000 tonnes of copper and 16,000 tonnes of cobalt in 2023. Glencore Congo copper mine hit with $894 million royalty row - MINING

Mining Careers (ZMB & DRC)

Most read today. Zambia Aims for Major Copper Output Boost Through Investor Partnerships October 22, 2024; Konkola Copper Mines Reports Second Fatality at Nchanga Mine October 22, 2024; Soleos Energy and Melci to Build 200 …

DRC Set to Gain 922.4 Billion CDF from Sino-Congolese …

Most read today. Zambia Aims for Major Copper Output Boost Through Investor Partnerships October 22, 2024; Konkola Copper Mines Reports Second Fatality at Nchanga Mine October 22, 2024; Soleos Energy and Melci to Build 200 MW Solar Power Project in DRC's Haut-Katanga October 22, 2024; CKM NEWSLETTER 21-10-2024 October 20, 2024; Fuel Prices …

Chinese Mining 'Wrecking Lives' in DRC

In 2009, then-DRC President Joseph Kabila signed a deal with the Chinese government for access to mining concessions. In short order, Chinese companies seized ownership of 15 of the country's 19 primary industrial copper-cobalt mining concessions. "They dominate mining excavation on the ground," Kara said.

Somika

We have succeeded over the years to become the most trusted producer of Copper and Cobalt Products in the Democratic Republic of Congo, exploiting the Mines of Lupoto, Kimpe, Mabaya and Kapapa, all located in the Katanga …

Invest DRC Mining – Mining Companies in DRC – Opportunities in DRC

Looking to Invest in DRC Mining Companies? ... The DRC is known for its abundant natural resources, including minerals such as cobalt, copper, diamonds, gold, and tin. The mining industry in the DRC plays a significant role in the country's economy, accounting for over 60% of exports and providing employment for over 2 million people. ...

DRC Mining Firms Forced to Import Power Amid Severe …

Most read today. Zambia Aims for Major Copper Output Boost Through Investor Partnerships October 22, 2024; Konkola Copper Mines Reports Second Fatality at Nchanga Mine October 22, 2024; Soleos Energy and Melci to Build 200 MW Solar Power Project in DRC's Haut-Katanga October 22, 2024; CKM NEWSLETTER 21-10-2024 October 20, 2024; Fuel Prices …