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Spotlight | DRC
Albert Yuma ignites revolution with MRI Trading and Scorpion

Immediately after returning from the Investing in African Mining Indaba week in Cape Town, Albert Yuma Mulimbi, chairman of Gecamines, stuck straight in to turning his threats to revise the state-run firm's mining contracts (AMI 409) into action. As an [...]

Published on 13/03/2018 at 04:30 GMT Reading time 2 minutes

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Mining

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DRC
Albert Yuma Mulimbi
BHR Partners
Boss Mining
China Molybdenum Co
Dan Gertler
Deogratias Ngele Masudi
Eurasian Resources Group
Gecamines
International Chamber of Commerce
Jacques Kamenga Tshimuanga
Jinchuan Group
MRI Trading
Rulco
Scorpion Mineral Processing
Serious Fraud Office
Stephanus de Kock
Tenke Fungurume Mining

DRC
Gecamines entrusts two sites to Terra Mining, a firm with Israeli, Bulgarian and Ukrainian ties

Terra Mining came to an agreement with Gecamines to determine the potential of two cobalt and copper permits in Haut-Katanga. The company is based in Bulgaria but run by Ukrainian and Israeli businessmen, some of whom are already very active in the DRC.

Subscribers only Mining 10.05.2021

DRC
Spotlight on Telf, the trader of colbalt from Metalkol, where Gertler owns royalties

The Swiss trading company Telf that has reached an agreement with Eurasian Resources Group to market cobalt produced at the Metalkol plant in DRC actually helps out the Kazakh group for most of its trading activities.

Subscribers only Mining 16.02.2021

DRC
TFM criticised for ties with chieftain Godefroid Munongo

People living near the Tenke Fungurume copper and cobalt mine esteem that the Chinese operator of the site is not paying the sums they are due because of a deal made with the influential tribal leader Godefroid Munongo.

Subscribers only Mining 10.02.2021

DRC
Bankers Cobalt changes its name as gold prices soar

Canadian mining junior Bankers Cobalt, which counts Congolese businessmen Simon Tuma-Waku and Yves Kabongo among its senior managers, has been renamed Central African Gold even though it has no plans yet to become a pure player in gold mining.

Subscribers only Mining 16.09.2020

DRC
Jinchuan and Gécamines find common ground over Ruashi

The Ruashi copper mine partners have managed to find an amicable settlement to their scuffle over unpaid taxes that had led them down a path to arbitration.

Subscribers only Mining 28.01.2020

Africa
Washington takes about-turn on anti-disclosure stance

After slamming commodity supply chain regulations for their negative impact on American firms in the first months of Donald Trump's [...]

Subscribers only Mining 28.01.2020

DRC
Ventora debacle throws up hurdles for Gécamines triumvirate

Albert Yuma, chairman of the board at Gécamines, was not [...]

Subscribers only Mining 28.01.2020

DRC
Former Tenke Fungurume and Mutanda execs set up shop to help miners

Mining operators' querying of, even concern for, the Democratic Republic [...]

Subscribers only Mining 15.10.2019

DRC
Authorities struggling to cope with miners' revolt

The Lualaba governor Richard Muyej and forces of order have at last managed to quell a general unease within the [...]

Free access Mining 03.09.2019

DRC
The old guard at Gecamines present new era in mining

Investors attending the DRC Mining Week in Lubumbashi from June [...]

Subscribers only Mining 02.07.2019

DRC
Jinchuan vs. Gecamines bout to begin in October

The first hearings for the arbitration case opposing Congolese public [...]

Subscribers only Mining 07.05.2019

DRC
Free-for-all for top Gecamines positions

In anticipation that new President Felix Tshisekedi may decide to [...]

Subscribers only Mining 05.03.2019

DRC
Boss: Jacques Steenkamp to help ERG smooth relations with Gecamines

Earlier this month, South African entrepreneur Jacques Steenkamp took over the helm of Boss Mining, the subsidiary of Kazakh firm [...]

Subscribers only Mining 22.01.2019

Zambia
Mining logistics specialist Polytra takes on Copperbelt with Fracht

Belgian logistics firm Polytra has not let a legal battle in Zambia stop it from forming a strategic alliance to boost its mining client base in the sub-region.

Subscribers only Infrastructure, Mining 18.12.2018

DRC
ERG skirts around obstacles Gecamines laid for Boss Mining

Kazakh group ERG has come up with a solution to keep the Boss Mining site running after Gecamines confiscated its concentrator.

Subscribers only Mining 23.10.2018

DRC
Conco powers on to Katanga mining market

The energy sector engineering firm has been going from strength to strength with Copperbelt mining operators.

Subscribers only Infrastructure, Mining 09.10.2018

DRC
Brendan Moseley takes helm of Chemaf's mines

Several weeks ago, while it was in the thick of negotiations over an amicable settlement between its shareholders (AMI 420), [...]

Subscribers only Mining 28.08.2018

DRC
Unflappable Gecamines diehards fight against reform

Mere weeks after the Congolese state-owned firm Gecamines began its [...]

Subscribers only Mining 24.07.2018

Document | DRC
Yuma and Kamenga given full rein to steer Gecamines

The first step in the restructuring of Congolese state-owned firm Gecamines (read here) was the reshuffle of its organisational chart [...]

Subscribers only Mining 10.07.2018

DRC
Jinchuan and Gecamines ready fight to the finish

The timeline for the arbitration opposing the Congolese state-owned firm and subsidiary of China's Jinchuan group has reportedly been set out.

Subscribers only Mining 10.07.2018

DRC
Gecamines plays transparency card with employees

To reassure its employees as it begins a vast restructuring plan, including HR changes, Gecamines assures it will keep them informed at every stage of the process.

Subscribers only Mining 10.07.2018

DRC
After the court battle, Gecamines attacks Eurasian Resources Group on the ground

According to several of Africa Mining Intelligence's sources in Congo-K, the Congolese public firm Gecamines reportedly confiscated a concentrator from [...]

Subscribers only Mining 10.07.2018

DRC, United Kingdom
Global mining hubs vying for a piece of the action

The Congo-K's diplomatic mining scene may be largely in the hands of the Chinese (read here) and keen to secure [...]

Subscribers only Mining 26.06.2018

Sierra Leone
Julius Maada Bio's mining putsch

Staying true to his criticism of the lack of transparency in the country's mining sector under his predecessor Ernest Bai [...]

Subscribers only Mining 12.06.2018

Sierra Leone's President Julius Maada Bio.

Spotlight | Africa, DRC
ERG rebuilds its copper empire on the continent

As Africa Mining Intelligence understands, the Kazakh firm Eurasian Resources Group (ERG) might sell several key assets in its Congolese portfolio to focus on Metalkol's copper tailings treatment project. ERG, formerly known as ENRC, has reportedly put its Katanga copper [.

Subscribers only Mining 10.04.2018

DRC
Moore Stephens lambasts mines' financial transparency record

The report on the state of Congo-K's extractive industry for [...]

Subscribers only Mining 13.03.2018

DRC
Albert Yuma backs partners into a corner

The audit of Gecamines' partners will be completed in March, opening the path for the company to renegotiate its joint venture contracts.

Subscribers only Mining 13.02.2018

DRC
Moise Katumbi's activism in Katanga mining services

Joseph Kabila's rival has reportedly sold his shares in services company Rulco, even as he opposes Necotrans' sale of his former company MCK.

Subscribers only Mining 31.10.2017

DRC
CMOC resists what it sees as Gecamines putsch at Tenke

The appointment of a provisional administrator for Tenke Fungurume Mining has triggered a pitched battle within the firm.

Subscribers only Mining 20.12.2016

DRC
Yuma's latest stab at reviving GCM

The chairman of state-controlled Gecamines, Albert Yuma Mulimbi, unveiled a new plan in August to nurse GCM back to health in two years.

Subscribers only Mining 30.08.2016

On our other sites

Chodiev increasingly isolated by his former allies

According to our sources, Kazakh Uighur-origin oligarch Alijan Ibragimov, a shareholder in the mining conglomerate Eurasian Resources Group (ERG - [...]

Subscribers only Intelligence Online 04.10.2017

Set up email notifications for these topics

DRC
Albert Yuma Mulimbi
BHR Partners
Boss Mining
China Molybdenum Co
Dan Gertler
Deogratias Ngele Masudi
Eurasian Resources Group
Gecamines
International Chamber of Commerce
Jacques Kamenga Tshimuanga
Jinchuan Group
MRI Trading
Rulco
Scorpion Mineral Processing
Serious Fraud Office
Stephanus de Kock
Tenke Fungurume Mining

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African Union: the battle of the giants

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Spotlight | DRC Albert Yuma ignites revolution with MRI Trading and Scorpion

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Set up email notifications for these topics

DRC Gecamines entrusts two sites to Terra Mining, a firm with Israeli, Bulgarian and Ukrainian ties

DRC Spotlight on Telf, the trader of colbalt from Metalkol, where Gertler owns royalties

DRC TFM criticised for ties with chieftain Godefroid Munongo

DRC Bankers Cobalt changes its name as gold prices soar

DRC Jinchuan and Gécamines find common ground over Ruashi

Africa Washington takes about-turn on anti-disclosure stance

DRC Ventora debacle throws up hurdles for Gécamines triumvirate

DRC Former Tenke Fungurume and Mutanda execs set up shop to help miners

DRC Authorities struggling to cope with miners' revolt

DRC The old guard at Gecamines present new era in mining

DRC Jinchuan vs. Gecamines bout to begin in October

DRC Free-for-all for top Gecamines positions

DRC Boss: Jacques Steenkamp to help ERG smooth relations with Gecamines

Zambia Mining logistics specialist Polytra takes on Copperbelt with Fracht

DRC ERG skirts around obstacles Gecamines laid for Boss Mining

DRC Conco powers on to Katanga mining market

DRC Brendan Moseley takes helm of Chemaf's mines

DRC Unflappable Gecamines diehards fight against reform

Document | DRC Yuma and Kamenga given full rein to steer Gecamines

DRC Jinchuan and Gecamines ready fight to the finish

DRC Gecamines plays transparency card with employees

DRC After the court battle, Gecamines attacks Eurasian Resources Group on the ground

DRC, United Kingdom Global mining hubs vying for a piece of the action

Sierra Leone Julius Maada Bio's mining putsch

Spotlight | Africa, DRC ERG rebuilds its copper empire on the continent

DRC Moore Stephens lambasts mines' financial transparency record

DRC Albert Yuma backs partners into a corner

DRC Moise Katumbi's activism in Katanga mining services

DRC CMOC resists what it sees as Gecamines putsch at Tenke

DRC Yuma's latest stab at reviving GCM

Chodiev increasingly isolated by his former allies

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Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Spotlight | DRC
Albert Yuma ignites revolution with MRI Trading and Scorpion

DRC
Gecamines entrusts two sites to Terra Mining, a firm with Israeli, Bulgarian and Ukrainian ties

DRC
Spotlight on Telf, the trader of colbalt from Metalkol, where Gertler owns royalties

DRC
TFM criticised for ties with chieftain Godefroid Munongo

DRC
Bankers Cobalt changes its name as gold prices soar

DRC
Jinchuan and Gécamines find common ground over Ruashi

Africa
Washington takes about-turn on anti-disclosure stance

DRC
Ventora debacle throws up hurdles for Gécamines triumvirate

DRC
Former Tenke Fungurume and Mutanda execs set up shop to help miners

DRC
Authorities struggling to cope with miners' revolt

DRC
The old guard at Gecamines present new era in mining

DRC
Jinchuan vs. Gecamines bout to begin in October

DRC
Free-for-all for top Gecamines positions

DRC
Boss: Jacques Steenkamp to help ERG smooth relations with Gecamines

Zambia
Mining logistics specialist Polytra takes on Copperbelt with Fracht

DRC
ERG skirts around obstacles Gecamines laid for Boss Mining

DRC
Conco powers on to Katanga mining market

DRC
Brendan Moseley takes helm of Chemaf's mines

DRC
Unflappable Gecamines diehards fight against reform

Document | DRC
Yuma and Kamenga given full rein to steer Gecamines

DRC
Jinchuan and Gecamines ready fight to the finish

DRC
Gecamines plays transparency card with employees

DRC
After the court battle, Gecamines attacks Eurasian Resources Group on the ground

DRC, United Kingdom
Global mining hubs vying for a piece of the action

Sierra Leone
Julius Maada Bio's mining putsch

Spotlight | Africa, DRC
ERG rebuilds its copper empire on the continent

DRC
Moore Stephens lambasts mines' financial transparency record

DRC
Albert Yuma backs partners into a corner

DRC
Moise Katumbi's activism in Katanga mining services

DRC
CMOC resists what it sees as Gecamines putsch at Tenke

DRC
Yuma's latest stab at reviving GCM