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Congo Kinshasa Mining News is an EIN News Service for mining professionals. Constantly updated news and information about Congo Kinshasa Mining.
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  • ICC schedules Lubanga trial 24 Nov 2009 12:36 GMT
    ... The Hague - The International Criminal Court announced on ... rival militias with battles for control of gold mines and other resources. Though the DR Congo war ...

  • Congolese militiamen go on trial for war crimes 24 Nov 2009 10:30 GMT
    ... A prisoner with bound wrists pleads while being beaten ... Ituri is about control of the area’s gold mines, and has claimed 60,000 lives since 1999. ...

  • First Quantum Minerals to Acquire Kiwara PLC 23 Nov 2009 07:16 GMT
    ... High Yield Trust, Derek Joseph, New African Mining Fund, Geiger Counter and Ian Reynolds holding ... the potential to become a very significant mine." Mr. Philip Pascall, Chairman and Chief Executive ... also holds strategic investments in Mopani Copper Mines (16.9%), operator of the Nkana underground copper mine ...

  • First Quantum Minerals to Acquire Kiwara PLC Cash and Equity Transaction Valued at Approximately US$260.2 Million 23 Nov 2009 08:13 GMT
    ... High Yield Trust, Derek Joseph, New African Mining Fund, Geiger Counter and Ian Reynolds holding ... the potential to become a very significant mine." Mr. Philip Pascall, Chairman and Chief Executive ... also holds strategic investments in Mopani Copper Mines (16.9%), operator of the Nkana underground copper mine ...

  • First Quantum: A Move to Legitimize African Mining 23 Nov 2009 19:24 GMT
    ... change the way investors view the African mining play. owns a number of properties in ... market valuation. However, First Quantum also has mines in Zambia, a country with a far more ... to be developed as an open pit mine in the same region as existing First ...

  • UPDATE 2-First Quantum buys Kiwara for $260 mln,shares rise 23 Nov 2009 20:28 GMT
    ... worth $260 million to expand its copper mining operations in Zambia, the companies said on ... compare in size to First Quantum's Kansanshi mine, also located in Zambia, which produces about ... its 16 percent interest in Zambia-focused copper miner Equinox Minerals as a result of the deal. ...

  • First Quantum diversifies African exposure 23 Nov 2009 18:18 GMT
    ... change the way investors view the African mining play. owns a number of properties in ... market valuation. However, First Quantum also has mines in Zambia, a country with a far more ... to be developed as an open pit mine in the same region as existing First ...

  • Canadian mining firms face abuse allegations 22 Nov 2009 14:36 GMT
    ... Canadian mining companies are facing allegations of abuse and ... guards to violently trample their opposition to mines that threaten rainforests and their way of life. ... a Mexican court to close a Canadian-owned mine. While MPs in Canada consider controls, foreign ...

  • HP Commends Introduction of Conflict Minerals Trade Act 19 Nov 2009 16:12 GMT
    ... HP Commends Introduction of Conflict Minerals Trade Act PALO ALTO, Calif., The following ... to prevent the purchase of minerals from mines known to fund the ongoing armed conflict ...

  • Paris Club set to waive 7bn Congo debt 20 Nov 2009 05:10 GMT
    ... the debt after seeking “clarification” on two mining contracts involving Phoenix-based Freeport- McMoRan Copper & ... contracts involving Phoenix-based Freeport- McMoRan Copper & Gold and Vancouver-based First Quantum Minerals . The cancellation of between 5bn and ...

  • Metorex: Output, revenues grow at DRC mine 19 Nov 2009 03:39 GMT
    ... Metorex: Output, revenues grow at DRC mine Metorex's Ruashi mine in the Democratic Republic ... of cobalt in the long term, the mining firm said yesterday. Metorex, ramping up output ... previous month. Chief executive Terence Goodlace said metal production would be 20 000 tons of ...

  • Congo's gold 18 Nov 2009 12:14 GMT
    ... About 40 tons of gold is smuggled annually out ... exported. Yet, statistics from the energy and mineral ministry says that Ugandan mines produce a negligible amount of gold per ...

  • Setting gold standard in warzones 20 Nov 2009 23:38 GMT
    ... - McClatchy-Tribune Information Services via COMTEX) -- mining entrepreneur Mark Bristow, is a pretty wild ... wild place. Judging by the history of Randgold Resources, the company he leads, that is, ... is, if anything, an understatement. The London-listed metal digger prospects in some of the continent's roughest ...

  • PDAC calls Canadian mining corporate accountability bill 'naïve and misguided grandstanding' 18 Nov 2009 08:15 GMT
    ... HOME > POLITICAL ECONOMY PDAC calls Canadian mining corporate accountability bill ‘naïve and misguided grandstanding' ... a bill they say would harm Canada's mineral industry and its reputation in less developed ... "to get there faster and in a more substantial way." "A number of less developed ...

  • One man's defence of a national reputation 22 Nov 2009 12:32 GMT
    ... Canadian mining companies are facing allegations of abuse and ... guards to violently trample their opposition to mines that threaten rainforests and their way of life. ... a Mexican court to close a Canadian-owned mine. While MPs in Canada consider controls, foreign ...

  • Laptops, cell phones fueling rape and war in the Congo? 19 Nov 2009 18:10 GMT
    ... views expressed are the author's alone. Conflict Minerals Trade Act key first step to ensuring ... conflict minerals such as coltan, tin ore, gold and wolframite which are fueling a humanitarian ... a decade-old conflict being financed by the mining and sale of these minerals. "This bill ...

  • Norway to Help Protect Guyana's Forests 18 Nov 2009 21:33 GMT
    ... nations, the growing demand for wood products, minerals, and cattle is likely to increase pressures ... noted that the country's reliance on bauxite, gold, and aluminum mining for foreign exchange earnings cannot be maintained ...

  • Metorex says Ruashi output improving, shares gain 18 Nov 2009 14:38 GMT
    ... JOHANNESBURG (miningweekly.com) – Output at the Ruashi mine, in the Democratic Republic of Congo, would ... contained cobalt by the 2011 financial year, base-metals-miner Metorex reported on Wednesday. A detailed two-year mining schedule for the mine had been completed, ...

  • Metorex says Ruashi output improving, shares up 18 Nov 2009 15:11 GMT
    ... JOHANNESBURG (miningweekly.com) – Output at the Ruashi mine, in the Democratic Republic of Congo, would ... contained cobalt by the 2011 financial year, base-metals-miner Metorex reported on Wednesday. A detailed two-year mining schedule for the mine had been completed, ...

  • Rautenbach's fast and furious ride to riches 20 Nov 2009 09:45 GMT
    ... 1998, as chairperson and managing director of Gecamines, the state-owned mining company of the Democratic Republic of Congo ... several lucrative concessions, including half the Mukondo mine being run by his Zimbabwean compatriot and ...

  • STOCKS NEWS AFRICA-Metorex gains on higher output forecast 18 Nov 2009 11:14 GMT
    ... higher output forecast Shares in South African miner Metorex gain more than 6 percent after the ... expects higher metal production in its Ruashi mine in the Democratic Republic of Congo. The ... rand, outpacing a 0.91 percent higher JSE mining index. '(The) operational update I think might ...

  • STOCKS NEWS AFRICA-Nigerian stocks up as Finbank gains 18 Nov 2009 16:54 GMT
    ... higher output forecast Shares in South African miner Metorex gain more than 6 percent after the ... expects higher metal production in its Ruashi mine in the Democratic Republic of Congo. The ... rand, outpacing a 0.91 percent higher JSE mining index. '(The) operational update I think might ...

  • STOCKS NEWS AFRICA-Kenyan Safaricom up 6 pct on foreign interest 18 Nov 2009 17:16 GMT
    ... higher output forecast Shares in South African miner Metorex gain more than 6 percent after the ... expects higher metal production in its Ruashi mine in the Democratic Republic of Congo. The ... rand, outpacing a 0.91 percent higher JSE mining index. '(The) operational update I think might ...

  • Germany arrests Rwanda rebels 19 Nov 2009 12:55 GMT
    ... linked to genocide FDLR said to smuggle gold from DR Congo to buy weapons Accused ... arms purchases by smuggling gold and other minerals from areas it controls in the North ... and control over some of the illegal mining activities of Rwandan rebels operating in eastern ...

  • Explosives company launches new-generation mobile 'manufacturing unit 19 Nov 2009 22:12 GMT
    ... Commercial explosives and blasting solutions company AEL Mining Services introduced its new-
generation E-20 T mobile ... waste oil generated by 
machines working on mines, which can be as much as 
80 000 ℓ/m from each mine, and assists in reducing environmental waste. The ...


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