February 10, 2023 Constance. 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
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Company structure. Central Copper Resources Ltd was incorporated in January 2021 as the parent company for the Group’s assets in the DRC and Zambia. Central Copper holds a 56.84% stake in COMILU (DRC) and 100% of Armada Minerals (Zambia), in addition to a 78% stake in Titan Mining and Exploration in the DRC.
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· CMOC Group, a Chinese mining company, has revealed its ambitious plans to boost copper production in the Democratic Republic of Congo (DRC) to 600,000 metric tons in the upcoming year. This significant development follows a recent resolution of a long-standing dispute with the state-mining entity, Gecamines, and marks a positive turning
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· image credit: Ivanhoe mining. Canadian miner Ivanhoe Mines reported yesterday that its Kamoa copper mine in the Democratic Republic of Congo (DRC) achieved a new production record in its first quarter of 2022, recording production of 55,602 tonnes in the period.Kamoa Copper milled 1.08 million ore tonnes during the quarter, at an
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· 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. “And not just
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· Human Rights Abuses in the DRC’s Cobalt and Copper Mining Industry. September 18, 2023September 18, 2023 Constance. The Democratic Republic of the Congo (DRC) is known for its abundant reserves of cobalt and copper, crucial components for the production of rechargeable batteries that power our modern world, from electric vehicles
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· Furthermore, the DRC’s production costs are extremely favourable compared to regional competitors. In 2013 the average production cost of copper in the DRC was $3,672 per tonne. This same
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June 6, 2023. Whether you know it or not, much of your life is powered by Congolese cobalt—and by the people who mine it. There’s a little piece of cobalt in nearly every smartphone, tablet, and laptop. That makes cobalt indispensable to global tech and manufacturing companies. But cobalt extraction is a major driver of human rights abuses.
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· Under the agreement, China would receive 10 million mt of copper and 600,000 mt of cobalt worth approximately $50 billion over 25 years. In 2016, Congolese sources estimated that $1.2 billion had been spent on infrastructure and mining credits combined. Mining activities smoothly progressed, and Congolese cobalt production
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· Democratic Republic of Congo's government is reviewing its $6 billion "infrastructure-for-minerals" deal with Chinese investors as part of a broader examination of mining contracts, Finance
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· Copper Mining in DRC DRC: copper production estimated at 1.601 million tonnes in 2020, a record never achieved April 8, 2021 April 8, 2021 Janet According to figures communicated by the Economic Conjuncture Committee (CCE),
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· The expansion of cobalt and copper mines in the Democratic Republic of Congo (DRC) is “wrecking lives”, according to a report published by Amnesty International on Tuesday. Residents have been forcibly evicted from their homes and subjected to human rights abuses such as sexual assault, arson and beatings. Amnesty International
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Find the mining companies active in the Democratic Republic of Congo here! We’re tracking 23 mining companies. Mining in the DRC We’re currently tracking 102 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.
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· In a report published Tuesday, Amnesty International and the DRC-based Initiative for Good Governance and Human Rights said the race to secure key battery metals, such as cobalt and copper, has
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· Kakula is poised to be the world’s highest- grade major copper mine, mining 3.8-million tonnes a year at an average feed grade of more than 6% copper during the first five years, and 5.9% over
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:Democratic Republic of The CongoCongo and Cobalt · CMOC Group, a Chinese mining company, has revealed its ambitious plans to boost copper production in the Democratic Republic of Congo (DRC) to 600,000
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· Credit: Ivanhoe Mines. Ivanhoe Mines (TSX: IVN) announced on Tuesday that geologists made a significant high-grade copper discovery in the Democratic Republic of Congo (DRC) similar to the massive
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November 26, 2023 Constance. In the heart of the Democratic Republic of Congo (DRC), a colossal excavation stands as a testament to the country’s rich mineral wealth. The KOV Mine, a sprawling excavation so vast that its presence is discernible from the skies, operates as the primary source of ores for the Kamoto Copper Company SA (KCC).
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In June and July 2019, the Democratic Republic of Congo’s security forces evicted artisanal miners encroaching on two of the country’s largest industrial mining sites in Haut-Katanga and Lualaba provinces. In addition to deaths and injuries, the expulsions caused more than 10,000 artisanal miners to lose their only means of generating income.
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· One of the primary benefits of mining in the DRC is the significant employment opportunities it generates. The industry provides jobs not only directly in mining operations but also in ancillary sectors such as transportation, construction, manufacturing, and
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· This story was supported by the Pulitzer Center’s Rainforest Investigations Network. LUBUMBASHI, Democratic Republic of the Congo (DRC) — On Oct. 13, 2023, on National Road 39, a police
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· Privately owned explorer Central Copper Resources (CCR) is the DRC’s next major up and coming copper producer. With an existing deposit in country (the flagship Mbamba Kilenda project containing 400 000 t of contained copper already), and two advanced exploration projects located in the DRC and Zambia respectively, this
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:Cobalt Mining in The DrcTerry Gross · Chinese mining companies have been key to driving output in the world's biggest supplier of cobalt, a key component in batteries for electric vehicles and mobile
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· Republic of the Congo, DRC) is part of a world-class copper and cobalt deposit stretching Education, Fertility and Cobalt Mining in the Democratic Republic of Congo Article Jan 2020 Maurizio
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Democratic Republic of the Congo: Industrial mining of cobalt and copper for rechargeable batteries is leading to grievous human rights abuses. The expansion of industrial-scale cobalt and copper mines in the Democratic Republic of the Congo (DRC) has led to the forced eviction of entire communities and grievous human rights abuses including
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· Credit: Ivanhoe Mines Ltd. The Kamoa Copper project is located in the Kolwezi District, Katanga, Democratic Republic of the Congo (DRC). The project includes an underground mine and a concentrator plant that produces blister copper and sulphuric acid. With an indicated resource of approximately 740Mt, Kamoa is regarded as Africa’s
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· Copper dreams DRC: Kamoa‑Kakula copper complex set to become world’s third‑largest copper mine by 2024 By Muriel Devey Malu-Malu Reserved for subscribers Posted on July 15, 2022 09:06 Aerial view of
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:Democratic Republic of The CongoCobalt Mining in The DrcCongo and Cobalt · Ivanhoe Mines Energy DRC – a sister company of Kamoa Copper, tasked with delivering reliable, clean, renewable hydropower to Kamoa Copper – has extended its existing financing
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· In March, Fitch Ratings raised its copper price assumptions from $8,500 to $9,500 per tonne in 2022 and to $8,500 in 2023, citing increased post-pandemic demand, tight markets and short-term supply disruptions, particularly due to the Russia-Ukraine conflict. “Copper is the only commodity where we increased our long-term assumptions
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· The DRC-based mine started producing copper concentrate on Tuesday, months ahead of schedule and amid soaring copper prices. Biggest copper project in decades begins production-MINING.COM
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