BHP is in early discussions with Robert Friedland’s Ivanhoe Mines over the potential acquisition of a vast copper exploration territory in the Democratic Republic of the Congo (DRC), according to unnamed sources close to the proceedings. The move for Western Foreland – an exploration zone neighbouring...
Australian mining giant Fortescue Metals Group has revealed it was in talks with the government of the Democratic Republic of Congo (DRC) to develop a hydroelectric power project that would become the largest in the world. In a filing to the Australian Securities Exchange (ASX), Fortescue...
The Democratic Republic of Congo (DRC) has reportedly banned the export of copper and cobalt concentrate, just days after Ivanhoe Mines’ large-scale Kamoa-Kakula project commenced production. Data provider Fastmarkets said it confirmed with three companies operating copper and cobalt mines in the DRC, who had each received...
The Democratic Republic of Congo (DRC) has confirmed that operations have begun at Entreprise Générale du Cobalt (EGC) – an enterprise that aims to oversee the purchase and sales of cobalt produced by artisanal miners. The state-run company was created a year ago to help control artisanal supplies...
A company led by American-Senegalese rapper Akon has signed a deal to help finance a copper and cobalt mine in the Democratic Republic of Congo (DRC), according to a contract published by the mines ministry. The aforementioned document released by the ministry cites a US-registered firm...
At least 41 artisanal miners were killed on Thursday when part of a Glencore-owned copper-cobalt mine in Democratic Republic of Congo (DRC) collapsed. The incident occurred in the KOV open pit mine at the Kamoto Copper Company (KCC) concession in Southeast DRC. Glencore’s subsidiary Katanga Mining...
Ivanhoe Mines has announced the discovery of two highly mineralised copper zones from exploration drilling at its Kamoa North prospect area in the Democratic Republic of Congo. The Canadian miner defined two new, continuous corridors of shallow and high grade copper mineralisation at Kamoa North, which...