DR Congo
Current and comprehensive mining and industrial, market data and investing news in Congo DRC.
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Copper
Copper production in Africa is expected to maintain a compound annual growth rate of 4.5% by 2024
Despite the impact of Covid-19 epidemic, copper production in Africa is expected to grow slightly in 2020. As a result…
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Business
R&B star Akon enters Congo mining sector in JV with state company
A company led by American-Senegalese R&B singer Akon has signed a deal to finance a copper and cobalt mine in…
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Projects
Trafigura’s Congo artisanal cobalt project to end, replaced by industrial mining
Trafigura is ending an artisanal cobalt formalisation project in Democratic Republic of Congo, which it has run alongside miner Chemaf…
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Markets
Glencore makes U-turn to back artisanal mining of cobalt
Glencore Plc, the top cobalt producer, backed a new initiative to support informal miners in the Democratic Republic of Congo…
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Business
Ivanhoe Mines and China’s CNMC announce Africa partnership
Canada’s Ivanhoe Mines on Tuesday announced a deal with China Nonferrous Metal Mining (Group) Co. Ltd (CNMC) under which the…
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Business
Congo to meet miners to debate copper concentrate export waivers
Mining companies and copper and cobalt buyers have been invited to a meeting in Kinshasa next week to discuss if…
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Business
Oil trading boosts Glencore’s 2020 expectations
Glencore said a stellar performance from its oil trading arm to help the division hit the top end of its…
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Business
Ivanhoe Mines in talks over Congo and South Africa projects
Ivanhoe Mines is in talks with companies interested in its Western Forelands project in Democratic Republic of Congo’s copper belt…
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