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Société Aurifère Du Kivu Et Du Maniema
Société Aurifère du Kivu et du Maniema, SARL (SAKIMA) is a Congolese state-owned mining company which holds interests in various gold and tin mines in the provinces of Maniema, North Kivu and South Kivu in the eastern Democratic Republic of the Congo. The company's operations are based in the town of Kalima. History SAKIMA was founded in 1997 to take over the assets of Société Minière et Industrielle du Kivu. SAKIMA was originally 93% owned by the Canada-based ''Banro Resource Corporation'' and 7% owned by the DRC government. Laurent-Désiré Kabila's administration wanted SAKIMA to invest hundreds of millions into reviving its cassiterite, coltan, and gold mines, but Banro refused as it was only interested in the gold mines. Relations between Banro and the government deteriorated, and the SAKIMA's mining agreements were revoked by presidential degree in July 1998 and transferred to ''Société des Mines du Congo SARL'' (SOMICO), a new wholly Congolese state-owned corpor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Twangiza Mine
Twangiza Mine is an open pit gold mine in South Kivu province of the Democratic Republic of the Congo (DRC) which started operations in 2012. Production has been disrupted by attacks from rebel militias. Location Twangiza Mine is in Mwenga Territory, South Kivu. It is about south of Bukavu, east of the RN2 highway and north of the Itombwe Mountains. The mine is at the north end of the Twangiza-Namoya gold belt, also called the Maniema-South Kivu Gold Belt, which stretches from South Kivu into Maniema. The belt extends from Twangiza southwest to Namoya in Maniema. Geology The eastern section of the Twangiza property is part of the Itombwe synclinorium, a fold that stretches south from Twangiza. It contains weakly metamorphized Neoproterozoic sediments, mostly mudstone, trending north–south. Near the main and north sections porphyritic sills from thick have intruded into the Neoproterozoic sediments. They have been extensively altered by hydrothermal circulation, but m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining Companies Of The Democratic Republic Of The Congo
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, and fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Twangiza-Namoya Gold Belt
The Twangiza-Namoya gold belt is a belt of gold deposits in the east of the Democratic Republic of the Congo. Artisanal working of alluvial deposits dates back to the 1920s. More systematic exploration and exploitation took place in the colonial era and continues up to the present, although civil war and militia attacks have periodically disrupted operations and have caused several changes of ownership of the concessions. Location The Twangiza-Namoya gold belt, also called the Maniema-South Kivu Gold Belt. stretches from South Kivu into Maniema. It extends from Twangiza, South Kivu, in the northeast to Namoya, Maniema, in the southwest. There are gold deposits at Kamituga, Lugushwa and other properties in the belt. From Namoya the belt extends west towards Kampene. Geology The Twangiza–Namoya gold belt is on the western margin of the Kibaran Mobile Belt, which lies between the Congo Craton and the Tanzania Craton. It developed in the Proterozoic. It holds a sedimentary ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
M23 Offensive (2022)
M, or m, is the thirteenth letter in the Latin alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is ''em'' (pronounced ), plural ''ems''. History The letter M is derived from the Phoenician Mem, via the Greek Mu (Μ, μ). Semitic Mem is most likely derived from a " Proto-Sinaitic" (Bronze Age) adoption of the "water" ideogram in Egyptian writing. The Egyptian sign had the acrophonic value , from the Egyptian word for "water", ''nt''; the adoption as the Semitic letter for was presumably also on acrophonic grounds, from the Semitic word for "water", '' *mā(y)-''. Use in writing systems The letter represents the bilabial nasal consonant sound in the orthography of Latin as well as in that of many modern languages, and also in the International Phonetic Alphabet. In English, the Oxford English Dictionary (first edition) says that is sometimes a vowel, in words like ''s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Kagame
Paul Kagame (; born 23 October 1957) is a Rwandan politician and former military officer who is the 4th and current president of Rwanda since 2000. He previously served as a commander of the Rwandan Patriotic Front (RPF), a Uganda-based rebel force which invaded Rwanda in 1990 and was one of the parties of the conflict during the Rwandan Civil War and the armed force which ended the Rwandan genocide. He was considered Rwanda's ''de facto'' leader when he served as Vice President and Minister of Defence under President Pasteur Bizimungu from 1994 to 2000 after which the "Vice President" post was abolished. Born to a Tutsi family in southern Rwanda, his family fled to Uganda when he was two years old would be where he spend the rest of his childhood during the Rwandan Revolution which ended centuries of Tutsi political dominance. In the 1980s, Kagame fought in Yoweri Museveni's rebel army, becoming a senior Ugandan army officer after Museveni's military victories carried him t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Felix Tshisekedi
Felix may refer to: * Felix (name), people and fictional characters with the name Places * Arabia Felix is the ancient Latin name of Yemen * Felix, Spain, a municipality of the province Almería, in the autonomous community of Andalusia, Spain * St. Felix, Prince Edward Island, a rural community in Prince County, Prince Edward Island, Canada. * Felix, Ontario, an unincorporated place and railway point in Northeastern Ontario, Canada * St. Felix, South Tyrol, a village in South Tyrol, in northern Italy. * Felix, California, an unincorporated community in Calaveras County Music * Felix (band), a British band * Felix (musician), British DJ * Félix Award, a Quebec music award named after Félix Leclerc Business * Felix (pet food), a brand of cat food sold in most European countries * AB Felix, a Swedish food company * Felix Bus Services of Derbyshire, England * Felix Airways, an airline based in Yemen Science and technology * Apache Felix, an open source OSGi framewor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dott Services
Dott Services Limited, commonly referred to as Dott Services, is a Ugandan engineering and construction company. It is one of the leading companies in the engineering and construction fields, in the African Great Lakes Region, as of December 2021. Headquartered in Kampala, Uganda's capital city, Dott Services is active in Uganda, Tanzania, South Sudan and DR Congo, Overview Dott Services was established in 1994 by four engineers who graduated from the same engineering college in India: (a) Venugopal Rao (Executive Director, Dott Services) (b) Maheswara Reddy, (Managing Director, Dott Services) (c) Prasad Reddy and (d) Komi Reddy. Each of the founders/directors own 25 percent of the company stock. As of 2021 the company employed an estimated work force of between 500 and 1,000 people. Ownership The business is privately owned by the families of the four original founders. The table below illustrates the shareholding in the company stock. Governance The executive chairman of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
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 ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Second Congo War
The Second Congo War,, group=lower-alpha also known as the Great War of Africa or the Great African War and sometimes referred to as the African World War, began in the Democratic Republic of the Congo in August 1998, little more than a year after the First Congo War, and involved some of the same issues. The war officially ended in July 2003, when the Transitional Government of the Democratic Republic of the Congo took power. Although a peace agreement was signed in 2002, violence has continued in many regions of the country, especially in the east. Hostilities have continued since the ongoing Lord's Resistance Army insurgency, and the Kivu and Ituri conflicts. Nine African countries and around twenty-five armed groups became involved in the war. By 2008, the war and its aftermath had caused 5.4 million deaths, principally through disease and malnutrition, making the Second Congo War the deadliest conflict worldwide since World War II. Another 2 million were displaced from th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rally For Congolese Democracy
The Congolese Rally for Democracy (french: Rassemblement Congolais pour la Démocratie; abbreviated RCD), also known as the Rally for Congolese Democracy, is a political party and a former rebel group that operated in the eastern region of the Democratic Republic of the Congo (DRC). It was supported by the government of Rwanda, and was a major armed faction in the Second Congo War (1998-2003). It became a social liberal political party in 2003. Development In 1997 Laurent-Désiré Kabila was installed as President of the DRC following the victory by the Alliance of Democratic Forces for the Liberation of Congo (ADFL) in the First Congo War, with heavy support from the governments of Uganda and Rwanda. However, the ethnic tensions in eastern DRC did not disappear and Kabila grew wary of Rwandan influence in his administration. Thousands of Hutu militants who had taken part in the Rwandan genocide and been forced to flee into the DRC maintained a low intensity war with the invadi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Namoya Mine
Namoya Mine is an open pit gold mine in Maniema province of the Democratic Republic of the Congo (DRC) which started operations in 2016. Production has been disrupted by repeated attacks from rebel militias. The original Canadian owner sold to a Chinese consortium in 2020 due to security concerns. Location The Namoya Mine is in Kabambare Territory of Maniema, just south of the South Kivu border and north of the RP1121 highway. It is south of Mount Mutumba in the Itombwe Mountains. Namoya Airport and Namoya towm are to the south of the mine. The Kama River flows through Namoya town. The mine is at the south end of the Twangiza-Namoya gold belt, also called the Maniema-South Kivu Gold Belt, which stretches from South Kivu into Maniema. The belt extends from Twangiza southwest to Namoya Mine. Banro Corporation of Canada has a exploration permit around Namoya with four main deposits: Mount Mwendamboko, Muviringu, Kakula and Namoya Summit. The mine is on the western margin of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
