The Democratic Republic of Congo's intentions to increase the government stake in mining projects by 35% will be first discussed with mining companies and also consulted with the World Bank and the IMF, said a source from the country’s ministry of mines.
DEM. REP. OF THE CONGO Mining News
The Canadian Association Against Impunity (CAAI), which represents several human rights groups and non-governmental organizations, filed today a last-minute plea at the Supreme Court against Canadian miner Anvil Mining Limited (TSX:AVM), on behalf of the victims of a 2004 massacre in Congo.
In its annual ranking of countries in terms of political risks for mining investment, the mineral industry advisory firm Behre Dolbear, has ranked Australia, Canada, Chile, Brazil and Mexico as the top five nations in which to locate mining projects.
Banro Corporation (NYSE AMEX – "BAA"; TSX – "BAA") reports that construction of its wholly-owned Twangiza "Phase I" gold mine in South Kivu Province, Democratic Republic of the Congo, is proceeding quickly and that the […]
Banro ships gold plant from Australia and signs milestone agreements with Luhwindja Community and the artisanal miners at Twangiza
TORONTO, June 16 /PRNewswire-FirstCall/ – Banro Corporation is pleased to announce that the reconditioned gold processing plant, which the Company acquired in 2009 for re-assembly at its wholly-owned Twangiza gold project in the Democratic Republic of the […]
Consulting engineers and scientists, SRK Consulting, has planted another base firmly in African soil, formally opening its office in Lubumbashi in the Democratic Republic of Congo yesterday. Read more at http://www.im-mining.com/2010/05/07/srk-opens-mining-consultancy-office-in-drc-copper-centre/
Copper and cobalt production from Democratic Republic of Congo will more than double over the next two years, signalling a surge in revenues, according to a government forecast obtained by Reuters on Monday. Read more […]
By Mining Weekly A narrow shaft being sunk in the Democratic Republic of Congo by a local mining contractor proved no challenge for earthmoving equipment distributor High Power Equipment (HPE) Africa.
A report commissioned by Alexander Mining examining the construction and running of a typical 50,000 t/y and 100,000 t/y copper/cobalt mine in the Democratic Republic of the Congo (DRC) using its AmmLeach® process, compared with conventional sulphuric acid, has shown “substantial capital and operating cost savings” according to CEO Martin Rosser. AmmLeach uses ammonia-based chemistry [...]