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The valuable abundance of minerals and resources in the DRC has made it the target of attacks from U.S.-supported neighboring African countries Uganda and Rwanda. The DRC is minerial rich with millions of tons of diamonds, copper, cobalt, zinc, manganese, uranium, niobium, and tantalum also known as coltan.
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Chinese mining companies operating in the Democratic Republic of the Congo (DRC) need to do more to prevent their operations from leading to human rights abuses, Amnesty International warned today in a new report. Profits and Loss: Mining and human rights in Katanga, examines the impact of the mining industry in south-eastern DRC.
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Jul 28, 2021DR Congo has been leasing mining projects to foreign companies since the 1990s, when the state-owned Gécamines company went bankrupt. However, in handing out these projects, artisanal miners who had been operating in the region for years were left behind. ... And when the mining companies realised that the land being mined by the locals had a ...
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Feb 18, 2016Hopes that Congo's rival interest would find compromise and pass a new mining law remain unrequited, with conflicting signals emerging from senior government officials about the long running ...
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Apr 8, 2022Five mining companies, producers of copper and cobalt, agreed to meet with us and to answer our questions in a spirit of transparency. ... DRC and wonder if we could together explore the possibility of hosting in Kinshasa an intentional conference on CSR in DR Congo. Ibased in London and you can reach me on 447448644575. muyamba Mangu. 12 June ...
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Australian mining company in prosecution spotlight for role in Congo massacre Content type: Article Date: 7 Aug 2017; Anneke Van Woudenberg (RAID) on Anvil Mining in the DR Congo Content type: Article Date: 7 Aug 2017; NGOs coalition welcomes African Commission's landmark USD2.5 million award to DR Congo massacre victims Content type: Article Date:
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Democratic Republic of Congo said it would open talks on Friday with mining companies about implementing some of the most contentious provisions in a new mining code that hikes taxes and royalties ...
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251 Jobs in Congo (DRC) (17 new) 251 Jobs in Congo (DRC) (17 new) Trade Finance Specialist Euro Exim Bank Kongo Central, Congo (DRC) Be an early applicant 1 month ago Operations Director - Goma, DR...
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OLEIA Group SARL places itself at the forefront of ethical, sustainable mining activity as well as social impact practices for, as a company intimate with DR Congo, more reasons than most. Mining and its related industries are closely linked with the management and sustainability of the environment. This is a firm priority for us who understand ...
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According to Felix, a mining worker: [The new companies] came to Congo just for their own, private business and not to develop a country, as the Gécamines did. Look at the houses, the road. Those were real companies, not like these new ones that construct just temporary buildings and then leave. These are bogus companies.
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The Democratic Republic of Congo is both one of the world's most mineral-rich countries and consistently one of the poorest. The mining industry makes up a significant part of the country's economy with over 90 percent of its revenue coming from the export of these minerals.
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By Bienvenu-Marie Bakumanya, Samir Tounsi September 14, 2020 Order Reprints Print Article Illegal small-scale gold miners in DR Congo, such as those who were killed when their makeshift mine...
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This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct. Office National des Transports head office in Kinshasa Regideso building in Kinshasa
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Sep 16, 2021Saying that Chinese companies will not be allowed to break local laws in DR Congo, Peng said the six companies found to be breaking Congolese laws will be "punished and sanctioned" by China. Recently, the #DRC governor ordered six Chinese and Sino-foreign joint venture mining companies in South Kivu province to suspend the operations for the ...
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The mining sector revenues of the Democratic Republic of Congo (DRC) have significantly increased proportionally to the mining production. Unfortunately, the increase in mining production has not ...
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A BBC investigation at the end of 2010 revealed that General-Major Amisi Kumba, number 2 in the FARDC chain of command had done a deal with a mining company granting it the right to exploit the Omate mine in exchange for 25% of the gold mined there. Another affair implicated Bosco Ntaganda (on the list of individuals subject to UN Security ...
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November 28 2018. Gécamines, the Democratic Republic of Congo's state-owned miner, has launched a blistering attack against international mining companies and said charges of corruption against ...
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Beijing assures support for probe, asks accused companies to completely leave region 'as soon as possible' A team of eight MPs in the Democratic Republic of the Congo (DRC) said Wednesday they are probing allegations of illicit mineral exploitation against Chinese companies in the eastern South Kivu province, weeks after provincial authorities suspended their operations.
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Consequently, it is time for the Congolese government and specific mining companies to really look at the issue of child labor in the mines seriously and to establish mechanisms for surveillance and review by inspectors of the mining sites to take bold action to combat this problem, a cancer within the DRC. Written by : Diane BE
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12/17/2019, 4:29:11 AM. After serious accidents and deaths in cobalt mines, families of child workers from the Congo are now on trial. Her accusation: Large tech companies knew about the extremely dangerous conditions. A boy was buried in a cobalt mine during a tunnel collapse. Another has been paraplegic since a mine accident.
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According to https://, some time in 2019 at least 21 people died in a collapse at an illegal gold mine in Congo, Kampene. In the same year, Apple, Google, Tesla and Microsoft were sued by 14 families from Congo because of deaths of their children in the mining field.
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DR Congo is the world's largest producer of cobalt from mines, accounting for more than 70 percent of worldwide cobalt mine production in 2021. Cobalt from the DR Congo Cobalt is a silver-grey,...
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Advantages of Democratic Republic of Congo company registration. The Congo government has introduced programs to attract foreign investments including: Under the Investment Code, companies will be allowed complete tax exemption for up to 5 years if they i) invest between US$10,000 and US$200,000 in an ANAPI approved project and ii) contribute ...
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Non-resident companies or individuals that carry out an activity in the Democratic Republic of the Congo are taxable on profits they realise through permanent establishments (PEs) or fixed establishments that are located in the Democratic Republic of the Congo. The CIT rate is 30% (including mining companies). Minimum income tax
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It is quite a very tough process but very lucrative. Only a few mining companies including African Metals Corp, ARC Minerals Ltd, and others are active in the sector. The Democratic Republic of Congo is the 3rd largest producer of diamonds in the world just behind Russia and Botswana. But in Africa, the Congo DRC holds the major diamond ...
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DR Congo produces more than 60% of the world's cobalt Other companies listed in the lawsuit are computer manufacturer Dell and two mining companies, Zhejiang Huayou Cobalt and Glencore, who own the...
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The Sino Congolaise des Mines (Sicomines) was the most significant Chinese investment project in Africa when it was agreed in 2007. The infrastructure agreement gave Chinese partners mining rights ...
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under article 23 of the mining code, the following are eligible for mining and quarry rights: any company governed by congolese law which has its registered office and administrative office in the national territory and whose object relates exclusively to mining activities; any company under foreign law whose object relates exclusively to mining .
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Under Mobutu Sese Seko, who ruled Congo from 1965 to 1997, these reserves were controlled exclusively by Gécamines, once the largest mining company in the world and the backbone of the Congolese economy. However, decades of mismanagement, neglect and rent-seeking brought the company close to a collapse in the 1990s.
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Chinese investors control about 70 percent of Congo's mining sector, according to Congo's chamber of mines, after snapping up lucrative projects from Western companies in recent years. After Tshisekedi announced the reviews in May, a move attributed by some analysts to Western pressure to go after Chinese companies, China's ambassador to Congo ...
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The Democratic Republic of Congo (DRC) is among the most mineral-rich countries in Africa. During the war, those natural resources fueled the conflict, and provided illegal sources of wealth for some. Now, as the DRC undertakes the rebuilding of its economy, the management of natural resources serves as a key component in its development strategy.
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DR Congo has talked for years about changing its 2002 mining code, which it believed put too many profits in the hands of foreign companies, says BBC World Service Africa editor Mary Harper. Its mining industry - which also produces diamond, tantalum, tin and gold - is the country's largest source of export income.
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The success story indicates the presence in DRC of companies such as: TENKE FUNGURUME MINING (FREE PORT McROAN, KOLWEZI COPPER COMPANY (KINROSS-EGMF) KIBALI GOLD MINING Mutanda, ASHANTI GOLDFIELD KILO, Twangiza MINING. Potentials in mineral wealth by province Mining representing 1,100 different minerals. All provinces have particular minerals.
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Sep 30, 2021HEADLINE TRANSLATION: An upsurge of smears against Chinese mining companies in the DR Congo. There is growing frustration among Chinese stakeholders over the way that Chinese mining companies in the Democratic Republic of the Congo have been depicted in the ongoing review of foreign mining contracts by the government in Kinshasa. The editors at ...
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The changes to the mining code in Congo, which supplies some 60 percent of the world's cobalt, could have repercussions for consumers around the world if mining companies pass on costs.
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NORTHWOLD established in 2008 as METTLER TOLEDO authorized Partner for DR-Congo, Malawi and Zambia, is a Weighing and measurement solution's company, Providing Products, ... REDA Chemicals helps mining companies maximize the potential of finite natural resources by optimizing the recovery of minerals during processing. With our mining and ...
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Multinational copper and cobalt mining companies in the Democratic Republic of Congo should take immediate steps to protect the rights of thousands of Congolese workers during the Covid-19 pandemic.
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Oct 11, 2021The DRC was the third largest producer of industrial diamonds in 2019, contributing about 21 percent of global production. The country boasts some of the highest quality copper reserves globally, with some of the mines estimated to contain grades above 3 percent, significantly higher than the global average of 0.6 - 0.8 percent.
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Cordaid co-organises OECD session on responsible mining in DR Congo 26 April 2019 Cordaid, EurAc and BEST (Cordaid's local partner in DR Congo) organised a parallel session as part of the 13th OECD Forum taking place in Paris from 23 to 26 April 2019. The session focuses on opportunities and challenges arising from the new Congolese Mining Code.
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In DR Congo, this reality has taken place after the liberalization of the mining sector and the arrival of new transnational mining companies. Nowadays, the safety policies implemented in the new mining companies are recurrent subjects of discussion among the employees.
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