DRC state-owned mining firm Gécamines holds the remaining 20%. The other mines are Swiss industry giant Glencore’s Kamoto Copper Company (KCC) and Mutanda Mining (MUMI); Chinese multinational Z ...
Glencore also owns Mutanda Mining SARL (MUMI), in which the DRC government holds a 5% stake. Both mining companies are located in the Lualaba province. Glencore said to date, it has invested over ...
Like Ukraine, the DRC needs security partners to win its war against the M23 and more than 100 other armed groups that have control of lucrative mines throughout the country. The resource-rich ...
The temporary closure by Alphamin of a large tin mine in the Democratic Republic of the Congo (DRC) has seen tin prices jump this week to eight-month highs of US$34,815 a tonne and proved a boon ...
The crown jewel in the M23's expansion is the DRC's largest coltan mine from which the group generates around $800,000 in ...