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Africo Resources
Africo Resources was a Canadian mining company whose main property is the copper and cobalt Kalukundi Mine in Katanga Province, Democratic Republic of the Congo. A majority of the company was acquired by Camrose Resources Limited in 2016. Company profile Africo was founded in 2006 as a spin-off from Rubicon Minerals, and was listed on the Toronto Stock Exchange. Apart from the main Kalukundi project, the company has an agreement to purchase the highly speculative Mashitu adjoining property. It also has rights to three large-scale licenses to explore for gold, nickel and copper in Zambia's Mporokoso sedimentary basin. In April 2007 Africo Resources raised C$130-million to fund development of the Kalukundi property. In November 2007 the International Finance Corporation agreed to provide a loan of about $40-million, subject to risk assessment. As of September 2008 the company had a market capitalization of C$120 million. In February 2009 Africo reached an agreement with the DRC ...
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Camrose Resources
Camrose Resources Limited (Camrose) was a company owned by Dan Gertler, an Israeli businessman, the founder and President of the DGI (Dan Gertler International) Group of Companies. Camrose's other assets included a "64% stake in Canada listed Africo Resources which held a 75% interest in the Kalukundi Mine's exploitation licence as well as a 56% indirect interest in Comide Sprl, which held the exploitation licence for Mashitu, Pangalume and Kii tenements." By August 2010, Camrose, acquired British Virgin Island-based Highwind Group. In 2012 Fasken Martineau, a prestigious international business law and litigation firm recovered an almost unprecedented US$1.25B in the "First Quantum Minerals v Highwinds and others", a case concerning the expropriation of First Quantum Minerals' mining licences in the Kolwezi tailings project (KMT) in the Democratic Republic of Congo. As part of the settlement Eurasian Natural Resources Corporation (ENRC) who had gained control of the project th ...
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Vancouver
Vancouver ( ) is a major city in western Canada, located in the Lower Mainland region of British Columbia. As the List of cities in British Columbia, most populous city in the province, the 2021 Canadian census recorded 662,248 people in the city, up from 631,486 in 2016. The Greater Vancouver, Greater Vancouver area had a population of 2.6million in 2021, making it the List of census metropolitan areas and agglomerations in Canada#List, third-largest metropolitan area in Canada. Greater Vancouver, along with the Fraser Valley Regional District, Fraser Valley, comprises the Lower Mainland with a regional population of over 3 million. Vancouver has the highest population density in Canada, with over 5,700 people per square kilometre, and fourth highest in North America (after New York City, San Francisco, and Mexico City). Vancouver is one of the most Ethnic origins of people in Canada, ethnically and Languages of Canada, linguistically diverse cities in Canada: 49.3 percent of ...
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Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces an ...
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Democratic Republic Of The Congo
The Democratic Republic of the Congo (french: République démocratique du Congo (RDC), colloquially "La RDC" ), informally Congo-Kinshasa, DR Congo, the DRC, the DROC, or the Congo, and formerly and also colloquially Zaire, is a country in Central Africa. It is bordered to the northwest by the Republic of the Congo, to the north by the Central African Republic, to the northeast by South Sudan, to the east by Uganda, Rwanda, and Burundi, and by Tanzania (across Lake Tanganyika), to the south and southeast by Zambia, to the southwest by Angola, and to the west by the South Atlantic Ocean and the Cabinda exclave of Angola. By area, it is the second-largest country in Africa and the 11th-largest in the world. With a population of around 108 million, the Democratic Republic of the Congo is the most populous officially Francophone country in the world. The national capital and largest city is Kinshasa, which is also the nation's economic center. Centered on the Cong ...
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Katanga Province
Katanga was one of the four large provinces created in the Belgian Congo in 1914. It was one of the eleven provinces of the Democratic Republic of the Congo between 1966 and 2015, when it was split into the Tanganyika Province, Tanganyika, Haut-Lomami, Lualaba Province, Lualaba, and Haut-Katanga provinces. Between 1971 and 1997 (during the rule of Mobutu Sese Seko when Congo was known as Zaire), its official name was Shaba Province. Katanga's area encompassed . Farming and ranching are carried out on the Katanga Plateau. The eastern part of the province is considered to be a rich mining region, which supplies cobalt, copper, tin, radium, uranium, and diamonds. The region's former capital, Lubumbashi, is the second-largest city in the Congo. History Copper mining in Katanga dates back over 1,000 years, and mines in the region were producing standard-sized ingots of copper for international transport by the end of the 10th century CE. In the 1890s, the province was beleaguered ...
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Rubicon Minerals
Battle North Gold (formerly Rubicon Minerals) was a Canadian company that was pursuing the development of the Bateman (formerly Phoenix) gold project near Red Lake, Ontario. Headquartered in Toronto, the company was listed on the Toronto Stock Exchange in Canada and the New York Stock Exchange and then the OTCQX market exchange in the US. The company's board of directors had approved the construction of the mine in 2014 and raised $700 million but little gold was recovered. Consequently, the company sought creditor protection and re-structured. By 2018 the company had a market capitalization of $80 million as it pursued new resource estimates. The company was acquired by Australian Securities Exchange-listed company Evolution Mining in 2021. Corporate history Battle North Gold was incorporated on March 4, 1996 in Vancouver as Rubicon Minerals Corporation for acquiring and exploring the mineral properties that had been assembled by the holding company Rubicon Management Ltd. It bec ...
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International Finance Corporation
The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States. It was established in 1956, as the private-sector arm of the World Bank Group, to advance economic development by investing in for-profit and commercial projects for poverty reduction and promoting development. The IFC's stated aim is to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise, promoting accessible and competitive markets, supporting businesses and other private-sector entities, and creating jobs and delivering necessary services to those who are poverty stricken or otherwise vulnerable. Since 2009, the IFC has focused on a set of development goals that it ...
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Kalumines
Kalumines is a copper mining property that includes the Kasonta, Lupoto and Niamumenda concessions, with a combined area of . It is about northwest of Lubumbashi in Katanga Province, Democratic Republic of the Congo. Start-up TEAL Exploration & Mining became owner of 60% of the property while the state-owned Gécamines owned the other 40%. Informal miners were active on the Kalumines property until early 2006, but they were peacefully removed. TEAL employed over 600 local people, including some of the former informal miners, on the phase one mine. The company initiated social investment projects that included water supply, transport and medical services for the local population of about 10,000 people, as well as the upgrade and construction of roads. Operation TEAL announced that mining had started at Lupotu in May 2007 at a rate equivalent to 10,000 tons of copper per year in concentrate. Teal was in the process of commissioning their furnace to produce black copper ingots, wit ...
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Lubumbashi
Lubumbashi (former names: ( French), (Dutch)) is the second-largest city in the Democratic Republic of the Congo, located in the country's southeasternmost part, along the border with Zambia. The capital and principal city of the Haut-Katanga Province, Lubumbashi is the center of mining in the region, acting as a hub for many of the country's largest mining companies. No definite population figures are available, but the population of the city's urban area is estimated to be around 2,584,000 in 2021. History Élisabethville under Belgian rule The Belgian government established the modern-day government in the city of ''Élisabethville'' (sometimes Elizabethville, both in French, or Elisabethstad in Dutch) in 1910, named in honour of Queen Elisabeth, consort to King Albert I of the Belgians. By that time, the government had taken over the colony from King Leopold II, and renamed it as the Belgian Congo. This site was chosen by Vice-Governor-General Emile Wangermée becaus ...
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Georges Minsay Booka
Georges Minsay Booka is a politician in the Democratic Republic of the Congo. He was Minister of Justice in the first and second cabinets of the Gizenga government, from February to November 2007. Georges Minsay Booka was named Justice Minister by President Joseph Kabila in the government headed by Antoine Gizenga in February 2007 one of four members of Gizenga's Unified Lumumbist Party (PALU) to be named to the cabinet. In 2007 there was an ownership dispute over the Kalukundi Mine when a DRC company named Akam Mining claimed it had bought control of Swanmines, the holding company, and this claim was upheld in a superior court in Lubumbashi Lubumbashi (former names: ( French), (Dutch)) is the second-largest city in the Democratic Republic of the Congo, located in the country's southeasternmost part, along the border with Zambia. The capital and principal city of the Haut-Katang .... This was an important test of the strength of property laws in the DRC and the security ...
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Moïse Katumbi Chapwe
Moise is a given name and surname, with differing spellings in its French and Romanian origins, both of which originate from the name Moses: Moïse is the French spelling of Moses, while Moise is the Romanian spelling. As a surname, Moisè and Mosè are Italian spellings of Moses. Given name Moise * Moise of Wallachia (died 1530), Romanian prince * Moise Crăciun (born 1927), Romanian skier * Moise Fokou (born 1985), American football linebacker * Moise Movilă (1596–1661), Prince of Moldavia * Moise Poida (born 1978), Vanuatuan footballer * Moise Pomaney (born 1945), Ghanaian long-jumper * Moise Safra (1935–2014), Brazilian businessman and founder of Banco Safra * Moise Kean (born 2000), Italian footballer Moïse * Moïse Amyraut (1596–1664), French theologian * Moïse Brou Apanga (born 1982), Côte d'Ivoire born Gabonese footballer * Moïse Bambara (born 1984), German-Burkinabé footballer * Moïse de Camondo (1860–1935), French banker * Moïse Fortier (1815–1877) ...
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