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Nikanor Plc
Nikanor plc was a publicly quoted holding company for Global Enterprises Corporate (GEC) with assets in the rich Copperbelt region in Katanga Province, Democratic Republic of the Congo (DRC). Nikanor plc was incorporated in 2006 with its registered head office in Douglas, Isle of Man. Nikanor's stock was listed on the London Stock Exchange's (LSE) Alternative Investment Market in London in July 2006. The initial public offering (IPO) raised US$400 million, and Nikanor's market capitalization reached $1.5 billion. The senior management team of Nikanor included Emile Mota and Simon Tuma-Waku, who were the chief of staff and Minister of Mines and Energy under DRC President Joseph Kabila. According to ''Mining Journal'', Kabila promulgated the new mining code in 2002. In May 2007, Beny Steinmetz, Dan Gertler and the Gertler Group, Nikanor's three main stakeholders, launched a hostile take over bid for Nikanor. The bid valued Nikanor's shares at £6.00, the price when it floated, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dikuluwe Mine
The Dikuluwe Mine (French: ''Mine de Dikuluwe'') is a copper and cobalt mine near Kolwezi in Lualaba Province of the Democratic Republic of the Congo. Dikuluwe is the westernmost of the Dima Pit group, with Mashamba West and Mashamba East. The quarry was opened in 1975 and was planned to be connected to the nearby Mashamba West pit. The combined Dikuluwe and Mashamba West deposits are now run by La Sino-Congolaise des Mines SA (Sicomines), a joint venture majority owned by a Chinese consortium, with Gécamines holding a minority stake. Katanga Mining had the license to mine copper ore in the mine, but was not planning to open it for production until 2023. Sicomines reorganization On September 17, 2007 a memorandum of understanding was drawn up between a Chinese consortium headed by China Railway and the Congolese state, represented by Pierre Lumbi. This agreement concerned $6.565 billion in infrastructure, but did not specify the amount of investment in the mining concessions. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forrest Group
The Forrest Group (also Groupe Forrest) is a group of companies founded around the mining industry in 1922. As of 2018, the Forrest Group is active primarily in Central and East Africa. It is owned by George Arthur Forrest, a Belgian entrepreneur of New Zealand descent. Early history Malta Forrest launched ''l'Entreprise Générale Malta Forrest'' (EGMF), a transport company, in 1922, in Katanga Province in the south of the Belgian Congo. In 1933, the company moved into mining gold, copper and manganese in the Kolwezi, Musonoi and Kasekelesa mines. In 1951, the company undertook the mining and civil engineering works to open the Kisenge manganese mine. In the early 1950s, it broadened out into public works and civil engineering, building the roads, sewerage system and airport for the mining city of Kolwezi. Around this time, the firm began to focus on civil engineering in the western Katanga copper belt. Victor Eskenazi-Forrest, Malta Forrest’s adoptive son, helped his father ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Arthur Forrest
George Arthur Forrest (born 1940) is a Belgian entrepreneur, owner of the Forrest Group (''Groupe Forrest''), a group of companies founded in the Belgian Congo in 1922 and active in wind power and hydroelectric energy, construction, mines and metallurgy, biological food and aviation. He has been described as a philanthropic employer. Forrest is reported to be one of the richest men in Congo. Background George Arthur Forrest was born in 1940 in Lubumbashi in what is now the Democratic Republic of the Congo (DRC). He was the son of an Irish immigrant. His father, Malta Forrest, had founded l'Entreprise Générale Malta Forrest (EGMF) in 1922 in Katanga Province in the south of the Belgian Congo. The company started as a transport company, then moved into mining and then into civil engineering. In 1968 it became a limited liability company, with George Forrest and his adoptive brother Victor Eskenazi-Forrest as Managing Directors. In 1986, after his brother died, George Forrest took ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Virgin Islands
) , anthem = "God Save the King" , song_type = Territorial song , song = "Oh, Beautiful Virgin Islands" , image_map = File:British Virgin Islands on the globe (Americas centered).svg , map_caption = , mapsize = 290px , image_map2 = British Virgin Islands - Location Map (2013) - VGB - UNOCHA.svg , mapsize2 = 250px , subdivision_type = Sovereign state , subdivision_name = , established_title = , established_date = Dutch West Indies , established_title2 = British capture , established_date2 = 1672 , established_title3 = Cooper Island (British Virgin Islands), Cooper Island sold to UK , established_date3 = 1905 , established_title4 = Separate colony , established_date4 = 1960 , established_title5 = Autonomy , established_date5 = 1967 , official_languages = North American English, English , demonym = , capital = Road Town , coordinates = , largest_city = capital , ethnic_groups = 76.9% Black people, Black5.6% Hispanic5.4% White people, White5.4% Multirac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tilwezembe Mine
Tilwezembe is an open-pit copper and cobalt mine in Lualaba Province of the Democratic Republic of the Congo owned by Katanga Mining, a subsidiary of Glencore. Officially, Glencore has shuttered the mine, but the site is still being used by artisinal miners. History The mine covers an area of . It has an indicated nine million tonnes of ore with 1.89% copper and 0.60% cobalt. Mining in the Tilwezambe pit has taken place off and on since 1999. At first this was done by the state-owned Gécamines using contract labor. In March 2004, Dan Gertler International and Beny Steinmetz Global founded a firm named Global Enterprises Corporate (GEC). In 2004 GEC and Gécamines agreed to rehabilitate and operate the Kananga and Tilwezembe mines. The deal was ratified by presidential decree. A joint venture of Katanga Mining (75%) and Gécamines (25%), named ''DRC Copper and Cobalt Project SARL'' (DCP SARL) began mining in 2007. In November 2008, Katanga Mining said they had temporarily suspend ... [...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] |
Beny Steinmetz Global
Beny Steinmetz ( he, בני שטיינמץ; born 2 April 1956) is an Israeli businessman and entrepreneur, with a focus in the mining and energy sectors, while being also active in the real estate and diamond-mining industries. Beny Steinmetz is the chairman and co-founder of the philanthropic trust, Agnes & Beny Steinmetz Foundation and is actively involved in the art world in Israel. Early life and family Beny Steinmetz was born in 1956 in Netanya, Israel and is the fourth child of Rubin Steinmetz, a pioneer of the diamond trade. At the age of 21, after serving three years in the military, Steinmetz emigrated from Israel to Belgium, to the famous diamond hub, Antwerp. There he began paving his long and successful career as a businessman and entrepreneur. Today Steinmetz lives in Israel with his wife Agnes and their four children. Steinmetz also holds French citizenship and describes himself as an "international Israeli." Business career Building on the family legacy and workin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
