The rampant dollar over the final months of 2024 only compounded losses: MINING.COM’s Top 50 considers performance in US$ market capitalisation terms, not share price changes in local currency on domestic exchanges. In the past these companies would, apart from wobbles as the Chinese supercycle...
Among the Chinese mining companies in the Congo (DRC), Zijin Mining has gained a lot, especially the Kamoa-Kakula copper mine, which has laid a solid resource foundation for Zijin Mining to become a global copper giant; In May 2016, Luoyang Molybdenum acquired a 56% stake in the Tenke cop...
Discovery Green concludes five wheeling deals across the resources, property and hospitality sectors 28th January 2025By:Terence Creamer South African electricity trader Discovery Green has confirmed that it has signed supply agreements for wheeled electricity with five companies in the mining, property and...
Third, many Chinese-run mining companies in the DRC have quite different business structures from their branches in China. This is because of their financial investment aims and for the ease of enterprises' transition. Therefore, it has led to their different perspectives of labor conditions and ...
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不代表财新观点和立场。推荐点击链接阅读原文细致比对和校验。 The Democratic Republic of Congo (DRC), rich in copper, cobalt and other critical minerals, is not just a battleground for resource extraction but a testing ground for the management strategies of global mining companies....
Mining in the DRC FIRST WORD Africa must enter new era of adding value to metals and minerals on the continent At last week’s the Investing in African Mining Indaba, African presenters spoke intently of adding value to metals and minerals on the continent. Roundly condemned was the app...
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Like many mining companies in the Congo, Banro Corporation gained gold concession in the DRC when Laurent Kabila, a rebel fighting to overthrow the Mobutu government, marched toward Kinshasa in 1996–1997, spurring the First Congo War. When Mobutu fled to Morocco on May 17, 2007, Laurent ...
At independence in 1960, the formal economy of Congo was based almost entirely on the extraction of minerals, primarily copper and diamonds. Most of this economic activity was controlled by foreign companies, such as the BelgianUnion Minière du Haut-Katanga(UMHK), whose assets in 1965 were val...