Running discussion on SP, page-41593

these companies dont have a problem !

Mining companies in the DRC

What makes the DRC such a valuable investment destination?

The DRC is the world’s largest producer of copper, possessing some of the richest copper belts in the world. It is also the biggest producer of cobalt, and the second largest producer of diamonds. It also has rich deposits of gold, zinc, tin and potash.

With an estimated USD 24 trillion in untapped deposits of cobalt, diamonds, gold, copper and other minerals, the DRC is a key mining destination, with a large number of mining companies actively operating across the country.

Mining companies in the Democratic Republic of Congo include both large, international mining houses and Artisanal and Small-Scale Mining companies (ASM).

List of active mining companies in the DRC:

• African Metals Corp
• Amani Gold
• AngloGold Ashanti
• ARC Minerals Ltd
• Armadale Capital Plc
• AVZ Minerals Limited
• Banro Corporation
• Eurasian Resources Group
• Loncor Resources Inc.
• Mawson West Limited
• Metorex
• MMG Limited

• Nzuri Copper Limited
• Freeport-McMoRan
• Glencore Xstrata Plc
• Infinity Lithium Corp
• Ivanhoe Mines
• Katanga Mining Limited
• Kilo Goldmines
• Randgold Resources
• Shalina Resources
• SNEL
• Tiger Resources

Mining in the DRC

We’re currently tracking almost 100 mining projects in the DRC across all stages of development.

Among these projects is the Kinsevere Mine, located 30 km north of Lubumbashi, in the Kipushi Territory in the Katanga Province. Owned by MMG Limited, this is one of the most important copper mines in the world, with a capital value of about ZAR 30.6 billion ($AUD 2.7 billion), and is comprised of three mostly stratiform deposits in alternating dolomitic and terrigenous formations.

Another critical copper mine is Mawson West Limited’s Dikulushi Cutback Project, located west of Lake Mweru and 48 km north-northwest of Kilwa. With a capital value exceeding ZAR 58 billion, the mine is currently being expanded to access proved and probable mineral reserves of 539 000 tons at 6.1% copper and 182 grams per ton silver.

Read more about mining in the DRC.

https://www.projectsiq.co.za/mining-companies-in-drc.htm