R/€ = 14.80 Change: -0.04
R/$ = 12.06 Change: -0.10
Au 1337.15 $/oz Change: -15.64
Pt 928.50 $/oz Change: -22.31


Mining companies to engage with DRC on new mining code

By: Marleny Arnoldi     15th March 2018 A legal and technical team representing the major mining companies operating in the Democratic Republic of Congo (DRC) arrived in Kinshasa on Thursday for 30 days of engagement with the government on its new mining code.  

Katanga completes WOL hot commissioning

By: Natasha Odendaal     12th December 2017 The hot commissioning of the core of the first train of TSX-listed Katanga Mining’s new whole ore leach (WOL) processing facility has been completed. The company in September 2015 suspended the processing of copper and cobalt at subsidiary Kamoto Copper Company’s (KCC’s) copper and cobalt mine,... 

JV contract secured to desilt acid ponds

     16th June 2017 Industrial pump rental service provider Integrated Pump Rental, in a joint venture (JV) with supplier and service provider of equipment to mining and allied industries EC Mining, has secured a contract to desilt four acid ponds at a copper mine in the Democratic Republic of Congo (DRC). This... 

DRC group responds to Global Witness on royalties issue

By: Martin Creamer     6th March 2017 Democratic Republic of Congo (DRC) group Fleurette has responded to criticism directed at it on the Kamoto Copper Company (KCC) royalties issue. The issue in question centres on the sale by DRC State mining company Gecamines of royalties from Katanga’s KCC project to a Fleurette-owned entity. 

Glencore paid Gertler's firm $100m Congo royalties

By: Bloomberg     3rd March 2017 Glencore paid more than $100-million previously owed to the Democratic Republic of Congo’s state mining business to a company controlled by billionaire investor Dan Gertler, according to advocacy group Global Witness. It’s the first time the value of the payments made to Gertler have been made... 

Glencore’s DRC copper top-up wins analyst cheer

By: Martin Creamer     14th February 2017 Diversified mining and marketing company Glencore has bought the remaining 31% stake in Mutanda Mining for $922-million and a further 10.25% stake in Katanga Mining for $38-million from Dan Gertler’s Fleurette Group, the company’s joint venture partner. The all-cash transaction will result in... 

Integrated Pump Technology Supplies 20 Bravo 900 Submersible Slurry Pumps

     19th February 2015 To Kamoto Copper Company Of The Democratic Republic Of The Congo Integrated Pump Technology of South Africa has supplied 20 Bravo 900 submersible slurry pumps and 20 M20 control panels to Kamoto Copper Company (a subsidiary of Katanga Mining) of the Democratic Republic of the Congo. These heavy... 

Glencore Finance extends, increases Katanga loan facilities

By: Leandi Kolver     27th November 2014 TSX-listed Katanga Mining on Wednesday announced the execution of extended and increased loan facilities with Glencore Finance. Katanga said the maturity date of its existing term loan facility agreement with Glencore Finance, which had been used to fund, in substantial part, the redemption of... 

ADT fleet goes underground

By: Pimani Baloyi     30th May 2014 Global heavy equipment manufacturer Bell Equipment’s newly launched E-series articulated dump trucks (ADTs) are being used by companies across sub-Saharan Africa to haul a variety of material both above and below ground. The E-series ADT, which is an improvement on Bell’s previous models, was... 

Copper producer completes Phase 4 of expansion project

     6th December 2013 Engineering and construction group SNC-Lavalin has completed the fourth phase of copper/cobalt producer Katanga Mining’s Kamoto Copper Company (KCC) expansion project in the Democratic Republic of Congo (DRC). Together with the successful completion of the third phase of this project, this is the... 

Snc-Lavalin Completes Phase 4 Of Kcc Kamoto Project

     31st October 2013 SNC-Lavalin has completed Phase 4 of Katanga Mining’s Kamoto Copper Company (KCC) expansion project in the Democratic Republic of Congo (DRC). Together with the successful completion of Phase 3 of this project, this is the largest project SNC-Lavalin’s Johannesburg office has undertaken to date.... 


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