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Mukondo Mountain
Mukondo Mine is a copper and cobalt mine in Katanga Province, Democratic Republic of the Congo. As of 2011 it was operated by the Central African Mining and Exploration Company (CAMEC). It may be the richest cobalt reserve in the world. Location In July 2008 CAMEC said the resource estimate at Mukondo was 70 million tons of ore containing 1.5 million tons of copper and 500,000 tonnes of cobalt. The cobalt grade averages 1.2%, an exceptionally high concentration. The Mukondo mountain has a height of over . Mining is relatively cheap since waste rock can simply be pushed off the mountain rather than hauled away. Ownership changes 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 the Zimbabwean businessman John Bredenkamp, held 80% of KMC while the state-owned Gécamines held 20% In June 2006 Dan Gertler bought Tremalt for about $60m. The sale was to Prairie International, of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Provinces Of The Democratic Republic Of The Congo
Article 2 of the Constitution of the Democratic Republic of the Congo divides the country into the capital city of Kinshasa and 25 named provinces. It also gives the capital the status of a province. Therefore, in many contexts Kinshasa is regarded as the 26th province. List History When Belgium annexed the Belgian Congo as a colony in November 1908, it was initially organised into 22 districts. Ten western districts were administered directly by the main colonial government, while the eastern part of the colony was administered under two vice-governments: eight northeastern districts formed Orientale Province, and four southeastern districts formed Katanga. In 1919, the colony was organised into four provinces: * Congo-Kasaï (five southwestern districts), * Équateur (five northwestern districts), * Orientale Province and Katanga (previous vice-governments). [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lualaba Province
Lualaba is one of the 21 new provinces of the Democratic Republic of the Congo created in the 2015 repartitioning. Lualaba, Haut-Katanga, Haut-Lomami, and Tanganyika provinces are the result of the dismemberment of the former Katanga province. Lualaba was formed from the Lualaba and Kolwezi districts. Kolwezi was a hybrid city/district which was separated from its two territories and the city proper became the capital of the new province. Former province Lualaba Province was separated from Katanga Province on 30 June 1963. Then, on 24 April 1966, it was united with Katanga Oriental Haut-Katanga District (Upper Katanga District) is a former district located in the former Katanga Province of the Democratic Republic of the Congo. The copper mining centers of Lubumbashi and Likasi were surrounded by the district but were admin ... to form Sud-Katanga Province, which was later merged back into Katanga. The President of Lualaba, from 1965 the governor, was Dominique Diur who ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eurasian Resources Group
Eurasian Resources Group (ERG) S.à r.l. is a large mining and raw materials supplier with operations in Kazakhstan and Central Africa. In its current form, the company began in December 2013 after it acquired the Eurasian Natural Resources Corporation (previously a public limited company), which was delisted from the London Stock Exchange and Kazakhstan Stock Exchange. Major shareholders of the company include the Republic of Kazakhstan (40%) and the "trio" of Kazakh oligarchs Alexander Mashkevitch, Alijan Ibragimov, and Patokh Chodiev. History The Eurasian Natural Resources Corporation Eurasian Natural Resources Corporation PLC (ENRC) was a public, Kazakhstan/Central African-focused, multinational leading diversified natural resources company headquartered in London, United Kingdom. It had activities in integrated mining, proc ... (ENRC) was taken private in 2013 amid falling share price and ongoing criminal investigation of ENRC from the UK Serious Fraud Office. ERNC's c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central African Mining And Exploration Company
The Central African Mining and Exploration Company plc (CAMEC) was a mining company active in the Katanga Province of the Democratic Republic of the Congo (DRC) and in other parts of Africa. It was acquired by Eurasian Natural Resources Corporation in 2009. Early years In September 2002 Andrew Groves reported a 6 to 7 million Rand had been spent to upgrade the Three Aloes mine. CAMEC listed on the London Stock Exchange's Alternative Investment Market in October 2002. It pursued an aggressive and successful program of acquiring and developing projects, finding little difficulty in gaining funding based on its strong track record. The company developed operations or undertook exploration in Mali (bauxite), Mozambique (coal), the DRC (copper and cobalt), South Africa (fluorspar) and Zimbabwe. Entry into Congo Initially, the Zimbabwean businessman Billy Rautenbach controlled ''Boss Mining Sprl'', which owned 50% of the Mukondo resource. The provenance of Rautenbach's claims to Mu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Bredenkamp
John Arnold Bredenkamp (11 August 1940 – 18 June 2020) was a Zimbabwean businessman and rugby union footballer. He was the founder of the Casalee Group. Early life Born in South Africa, Bredenkamp moved with his family to Southern Rhodesia while he was still a child. He was orphaned in his mid-teens on his birthday when while he was riding his bike, on return he found his father had shot his mother and sister and then shot himself. His sister survived the shooting. He was educated in Southern Rhodesia at Prince Edward School, Salisbury. Of Dutch ancestry, Bredenkamp registered as a Rhodesian citizen in 1958. He was reported to have lost Zimbabwean citizenship "by default" in 1984, but this was restored to him shortly thereafter. Bredenkamp was reported to hold Zimbabwean, South African and Dutch passports. The matter of his nationality was a matter of dispute with some Zimbabwean officials towards the end of 2006. As a Rugby Union international, he captained Rhodesia from 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dan Gertler
Dan Gertler (born 23 December 1973) is an Israeli billionaire businessman in natural resources and the founder and president of the DGI (Dan Gertler International) group of companies. He has diamond and copper mining interests in the Democratic Republic of the Congo (DRC), and has invested in iron ore, gold, cobalt, oil, agriculture, and banking. He may also hold citizenship of that country. his fortune was estimated at $1.2 billion by ''Forbes''. Gertler's deals have been under scrutiny by the International Monetary Fund (IMF) and the World Bank since 2012. He has been described as "controversial", and as making most of his fortune from "looting Congo at the expense of its people". The Panama papers revealed deals carried out through Mossack Fonseca shell companies, among his many offshore companies. Effective 21 December 2017, US President Donald Trump issued Executive Order 13818 implementing the Global Magnitsky Human Rights Accountability Act and listed Gertler in the Ann ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tremalt
Tremalt Limited was a mining company incorporated in the British Virgin Islands which owned assets in the Democratic Republic of the Congo (DRC). It was the vehicle for a highly criticized deal in 2001 in which it bought copper assets at far below their estimated value in return for a private agreement to pay a share of profits to the DRC and Zimbabwe governments. Allegedly some of the payments were made in the form of military equipment. The company made few investments in its assets, several of which the DRC government took back. In 2006 it was sold for about $60m. KMC acquisition, 2001 In January 2001 the Kababancola Mining Company (KMC) was established as a copper and cobalt mining partnership for a 25-year term. Tremalt, initially controlled by John Bredenkamp, held 80% of KMC while Gecamines held 20% A network of private holding companies and trusts registered in the Isle of Man and the British Virgin Islands concealed the true owners of Tremalt. KMC gained the rights to min ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Billy Rautenbach
Muller Conrad "Billy" Rautenbach (born 23 September 1959) is a Zimbabwean business magnate, whose more than 150 ventures have included companies involved in transport, cobalt and platinum mining, and biofuel production, primarily in Africa. The 2022 Data Leaks at Credit Suisse appeared to confirm allegations – for which he had faced American and European sanctions in earlier years – that Rautenbach used the proceeds from a mining deal to support the ZANU-PF regime of dictator Robert Mugabe, during the latter's repressive 2008 election campaign in Zimbabwe. From 1999 to 2009, Rautenbach was a fugitive from fraud and corruption charges in South Africa. Early life Rautenbach was born Muller Conrad Rautenbach in 1959 in what was then Salisbury, Rhodesia. He inherited a Rhodesia-based trucking company from his father, Wessels, and his rise in business began in earnest when he moved to Johannesburg, South Africa. Career Business ventures Rautenbach's first venture was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eurasian Natural Resources Corporation
Eurasian Natural Resources Corporation PLC (ENRC) was a public, Kazakhstan/Central African-focused, multinational leading diversified natural resources company headquartered in London, United Kingdom. It had activities in integrated mining, processing, energy, logistics and marketing. ENRC was formed in 1994, listed on the London Stock Exchange in 2006 delisted after a near six-year spell in November 2013. A secondary listing and subsequent de-listing also took place on the Kazakhstan Stock Exchange. ENRC is now a fully owned subsidiary of the Eurasian Resources Group (ERG), a private natural resources company headquartered in Luxembourg. This private company incorporates the assets of former FTSE-100 group, ENRC PLC, which it acquired in November 2013. History Major events The assets of the company were acquired during the mid-1990s as part of the privatization process in Kazakhstan. The company in its present form was established in 2006 as part of a re-organisation to con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
