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Gécamines
La Générale des Carrières et des Mines (Gécamines) is a Congolese commodity trading and mining company headquartered in Lubumbashi, in the Katanga region of the Democratic Republic of Congo. It is a state-controlled corporation founded in 1966 and a successor to the Union Minière du Haut-Katanga. Gecamines is engaged in the exploration, research, exploitation and production of mineral deposits including copper and cobalt. One of the largest mining companies in Africa, and the biggest in the Democratic Republic of Congo, Gécamines sits on the world's greatest deposit of cobalt and has some of the world's largest deposits of copper. Copper mines in which Gécamines has a major interests include, but are not limited to, Kambove, Kipushi, Kamfundwa and Kolwezi. Located in the mineral-rich Katanga Province, Gécamines is currently going through a multi-year, multi-billion reorganization strategic development plan with the main objective of repositioning itself as one of t ...
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Kamfundwa Mine
The Kamfundwa Mine (or Kamoya South II Mine) is one of the Kambove mines in the mining region around Kambove, Katanga Province, Democratic Republic of the Congo. It is near the Shangulowé Mine, about north of the Kamoya mine district. Secret mine The Kamoya South II Mine was opened in 1998 as a benched open cut secret mine. The "owners" of the mine employed a strict security force to prevent the miners taking specimens. In early 2001, it was reported that the mine started to produce carrollite crystals of extraordinary size and quality. Some single crystals were almost as large as baseballs. In fact, many specimens of carrollite were falsely attributed to Kamfundwa when it was still a secret location. Ownership and development Development partners were Harambee Mining Corp, the Swiss company Sogemin and the state-owned Gécamines. Harambee was prime for developing the copper-cobalt deposit at Kamfundwa. As of 30 September 1999 an area about long and from to wide had been dr ...
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Glencore
Glencore plc is a Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland. Glencore's oil and gas head office is in London and its registered office is in Saint Helier, Jersey. The current company was created through a merger of Glencore with Xstrata on 2 May 2013. , it ranked tenth in the Fortune Global 500 list of the world's largest companies. In the 2020 Forbes Global 2000, Glencore International was ranked as the 484th-largest public company in the world. As of July 2022, it is the world's largest commodity trader. As Glencore International, the company was already one of the world's largest integrated producers and marketers of commodities. It was the largest company in Switzerland as well as the world's largest commodities trading company, with a 2010 global market share of 60% in internationally tradable zinc, 50% in internationally tradable copper, 9% in the internationally tradable grain market and 3% in the internationally ...
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Kambove Mines
The Kambove mines are a group of active or abandoned copper mines near Kambove in the Democratic Republic of the Congo. They were originally established by the Union Minière du Haut-Katanga under Belgian rule. Inactive mines in the region include Kabolela Mine, Kakanda deposit, Kambove Principal Mine and M'sesa Mine. Gécamines, a state-owned mining company, owns the Kamoya central, Kamoya south, Shangolowe and Kamfundwa mines. Other mines are Kambove West Mine and the "secret" Kamoya South II Mine. In January 2001 the Kababancola Mining Company (KMC) was established as a copper and cobalt mining partnership for a 25-year term. Tremalt, controlled by John Bredenkamp, held 80% of KMC while Gecamines held 20%. KMC gained the rights to mines, facilities and concentrators at Kambove and Kakanda. KMC made relatively low investment in these properties, continuing to operate the already-functioning Kamoya Mine but not opening the others. In March 2002 the DRC authorities took back c ...
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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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Kipushi Mine
Kipushi Mine (formerly Prince Léopold Mine) is an underground mine in the Democratic Republic of the Congo, near the town of Kipushi in Haut-Katanga Province. This was an active producing mine between 1925 and 1993, as of 2006 there was an estimated 16.9 million tons of ore in the measured and indicated categories, with a grade averaging of 16.7% zinc and 2.2% copper. Since 2011, the Kipushi Mine is now majority owned by Ivanplats Ivanhoe Mines is a Canadian mining company focused on advancing its three principal projects in Southern Africa: the development of new mines at the Kamoa-Kakula copper discoveries in the Democratic Republic of the Congo, Democratic Republic of .... A feasibility study was conducted in 2022, which found 11.78 million tonnes of Zinc at an ore grade of 35.34%. In September 2022, construction started to re-open the mine, with production planned to start in late 2024. References Copper mines in the Democratic Republic of the Congo Lead mines ...
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Mining Company
This is an incomplete alphabetical list of mining companies. A * Adex Mining * Aditya Birla Group * African Rainbow Minerals * Agnico Eagle * Aiteo * Alumina * Anaconda Copper * Anglo American (mining) * Anglo Platinum * AngloGold Ashanti * Antofagasta * Aricom * Arctic Canadian Diamond Company * Astra Resources * Atalaya Mining Minas de Riotinto * Aurubis * Avalon Rare Metals B * Bard Ventures Company * Barrick Gold * BHP * Blaafarveværket * Blackfire Exploration * Boliden * Bougainville Copper * Breakwater Resources C * Cambior * Candente Copper * Canico Resource * Cape Breton Development Corporation * Chinalco * China Molybdenum * Cleveland-Cliffs * CNK International * Coal & Allied * Coal India * Codelco * Colorado Fuel & Iron * Compass Minerals * Compass Resources * Consolidated Zinc * Cordero Mining Company * Crowflight Minerals * Companhia Siderúrgica Nacional * Cuniptau Mines * Cuprom * Cyprus Mines Corporation D * De Beers * Debswana * Doe Run Company * Dr ...
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Jack Rosen
Jack Rosen (born 1949) is an American businessman, investor, philanthropist, and activist. He is president of the American Jewish Congress and chairman of the American Council for World Jewry. He is the Chief Executive Officer of New York real estate firm Rosen Partners LLC. Biography Rosen was born to a German Jews, Jewish family in Germany in a displaced persons camp.Jack Rosen, by Aly David
www.lifestylesmagazine.com, c2007
His grandparents were killed in the Holocaust. He moved with his family to the United States when he was four years old, but the family returned to Germany for several years from when he was seven. The rest of his childhood took place in The Bronx borough of New York City, where he attended Christopher Columbus High School (Bronx, New York), Columbus High School and later graduated from City ...
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Union Minière Du Haut-Katanga
The ''Union Minière du Haut-Katanga'' (French language, French; literally "Mining Union of Upper-Katanga") was a Belgium, Belgian mining company (with minority British share) which controlled and operated the mining industry in the copperbelt region in the modern-day Democratic Republic of the Congo between 1906 and 1966. Created in 1906, the UMHK was founded as a joint venture of the Belgian Compagnie du Katanga, the Belgian Comité Spécial du Katanga and the British Tanganyika Concessions. The Compagnie du Katanga was a subsidiary of the Compagnie du Congo pour le Commerce et l'Industrie (CCCI), which was controlled by the countrhy's largest conglomerate, the Société Générale de Belgique. With the support of the Congo Free State, colonial state, the company was allocated a concession in Katanga Province, Katanga. Its primary product was copper, but it also produced tin, cobalt, radium, uranium, zinc, cadmium, germanium, manganese, silver, and gold. UMHK was part of a c ...
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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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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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Mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, an ...
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Joint Ventures
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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