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DRC, Zambia
China's CNMC bids to become central player in Copperbelt

Active for a long time in copper production in Zambia and the DRC, China's CNMC is now investing resources in becoming a key operator in trading and mining services. [...]

Published on 12/05/2020 at 06:00 GMT Reading time 3 minutes

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Mining

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DRC
China Nonferrous Mining Corp
CNMC Huachin Mabende
Eurasian Resources Group
Huachin International Trading
Huachin Leach
Lualaba Copper Smelter
Maurice Taylor
NFC
Octagon Commodities
Siu Kam NG

DRC
Swiss trading company Octagon expands its copper interests in Africa

After signing a first contract with Chinese group CNMC, the Swiss minerals trading group signed another with Zijin Mining's DRC subsidiary COMMUS. It is also looking for supplies elsewhere in Africa.

Subscribers only Mining, Commodity traders 09.03.2022

DRC, Zambia
Copper-cobalt: Chinese CNMC struggling in Zambia but progressing in DRC

The Chinese mining giant has suffered several setbacks at its Zambian mines, but is currently in a test phase in DRC, with a view to increasing its capacities there.

Subscribers only Mining 01.11.2021

DRC, Zambia
CNMC reviews compliance rules after $16.6m copper contract "oversight"

The Chinese mining conglomerate plans to revise its internal controls after forgetting, for months, to inform to its board and the Hong Kong stock exchange about two copper contracts with a firm active in the DRC.

Subscribers only Mining 15.04.2021

DRC, Zambia
Jinchuan finally makes money from Chibuluma copper, gets green light for Musonoi

Jinchuan has found a way to make its Chibuluma copper mine in Zambia generate income again, after years of losses. It has also obtained a loan of $350m to develop Musonoi mine in the DRC.

Subscribers only Mining 22.01.2021

In Focus | DRC, Southern Africa, Zambia
Truckers in the Copperbelt forced to re-enact Mad Max at the hands of the Chinese

The arrival of Chinese companies at copper-cobalt deposits in the DRC and Zambia has upset traffic on mineral evacuation routes. They are forcing road transporters to contend with extremely low prices, leaving them no choice but to fight the terms of each new contract and redistribute market shares among the African ports.

Subscribers only Mining 02.11.2020

Spotlight | DRC
Gécamines lets CNMC spend millions rather than respect local content rules

CNMC has signed a deal with Gécamines whereby the Chinese mining giant will fork out $5m to avoid having to hire a local firm for the construction of its copper and cobalt mine Kambove, as required by Congolese law.

Subscribers only Mining 31.07.2020

Gécamines facilities at the Kambove copper mine (Haut-Katanga).

Spotlight | DRC
Erik Prince wins key security contract from Chinese mining giant CNMC

Newly established in the DRC, the insurance subsidiary of Frontier Services Group, headed by private security magnate Erik Prince has won a contract from Chinese conglomerate CNMC, which has extensive interests in the Copperbelt.

Subscribers only Mining 16.06.2020

Guinea
CNMC and China Railway conjure up bauxite consortium

Two firms have joined the growing list of Chinese players keen to buy up Guinean bauxite, an ore that the [...]

Subscribers only Mining 10.03.2020

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
With Lualaba Copper Smelter, CNMC takes early hold of ERG copper

Interested in purchasing Kazakh firm ERG's mines, the Chinese group CNMC has already found a way to get its hands on the copper by promising to transform it with its future smelter.

Subscribers only Mining 30.07.2019

Zambia
Trafigura and Copperbelt Energy caught up in Konkola Copper wind-up

Lusaka's ordering for copper producer Konkola Copper Mines to be put under liquidation has taken a toll of several on its suppliers.

Subscribers only Mining 16.07.2019

DRC
CNMC hones in on ERG's Katangan mines

Chinese group CNMC is understood to be in talks to purchase Kazakh firm ERG's Congolese assets.

Subscribers only Mining 18.06.2019

DRC
After Deziwa upset, CNMC buckles down in Katanga

While Congo-K's new president seems determined to have American firms join the Deziwa copper project, its operator, China's CNMC, is keeping busy to secure its foothold in the country.

Subscribers only Mining 21.05.2019

Zambia
CNMC and ZCCM-IH win victory over copper fraudsters

The JV operator of the Chambishi copper mine has won its appeal against two former employers fired for having exaggerated the grade of copper extracted at the site.

Subscribers only Mining 28.08.2018

Set up email notifications for these topics

DRC
China Nonferrous Mining Corp
CNMC Huachin Mabende
Eurasian Resources Group
Huachin International Trading
Huachin Leach
Lualaba Copper Smelter
Maurice Taylor
NFC
Octagon Commodities
Siu Kam NG

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!

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

DRC, Zambia
China's CNMC bids to become central player in Copperbelt

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

DRC
Swiss trading company Octagon expands its copper interests in Africa

DRC, Zambia
Copper-cobalt: Chinese CNMC struggling in Zambia but progressing in DRC

DRC, Zambia
CNMC reviews compliance rules after $16.6m copper contract "oversight"

DRC, Zambia
Jinchuan finally makes money from Chibuluma copper, gets green light for Musonoi

In Focus | DRC, Southern Africa, Zambia
Truckers in the Copperbelt forced to re-enact Mad Max at the hands of the Chinese

Spotlight | DRC
Gécamines lets CNMC spend millions rather than respect local content rules

Spotlight | DRC
Erik Prince wins key security contract from Chinese mining giant CNMC

Guinea
CNMC and China Railway conjure up bauxite consortium

DRC
Ventora debacle throws up hurdles for Gécamines triumvirate

DRC
With Lualaba Copper Smelter, CNMC takes early hold of ERG copper

Zambia
Trafigura and Copperbelt Energy caught up in Konkola Copper wind-up

DRC
CNMC hones in on ERG's Katangan mines

DRC
After Deziwa upset, CNMC buckles down in Katanga

Zambia
CNMC and ZCCM-IH win victory over copper fraudsters

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About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

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

African Union: the battle of the giants

West African cocoa cartel battles with the traders

The generals waging war from Khartoum to Darfur

DRC, Zambia China's CNMC bids to become central player in Copperbelt

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

DRC Swiss trading company Octagon expands its copper interests in Africa

DRC, Zambia Copper-cobalt: Chinese CNMC struggling in Zambia but progressing in DRC

DRC, Zambia CNMC reviews compliance rules after $16.6m copper contract "oversight"

DRC, Zambia Jinchuan finally makes money from Chibuluma copper, gets green light for Musonoi

In Focus | DRC, Southern Africa, Zambia Truckers in the Copperbelt forced to re-enact Mad Max at the hands of the Chinese

Spotlight | DRC Gécamines lets CNMC spend millions rather than respect local content rules

Spotlight | DRC Erik Prince wins key security contract from Chinese mining giant CNMC

Guinea CNMC and China Railway conjure up bauxite consortium

DRC Ventora debacle throws up hurdles for Gécamines triumvirate

DRC With Lualaba Copper Smelter, CNMC takes early hold of ERG copper

Zambia Trafigura and Copperbelt Energy caught up in Konkola Copper wind-up

DRC CNMC hones in on ERG's Katangan mines

DRC After Deziwa upset, CNMC buckles down in Katanga

Zambia CNMC and ZCCM-IH win victory over copper fraudsters

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

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

DRC, Zambia
China's CNMC bids to become central player in Copperbelt

DRC
Swiss trading company Octagon expands its copper interests in Africa

DRC, Zambia
Copper-cobalt: Chinese CNMC struggling in Zambia but progressing in DRC

DRC, Zambia
CNMC reviews compliance rules after $16.6m copper contract "oversight"

DRC, Zambia
Jinchuan finally makes money from Chibuluma copper, gets green light for Musonoi

In Focus | DRC, Southern Africa, Zambia
Truckers in the Copperbelt forced to re-enact Mad Max at the hands of the Chinese

Spotlight | DRC
Gécamines lets CNMC spend millions rather than respect local content rules

Spotlight | DRC
Erik Prince wins key security contract from Chinese mining giant CNMC

Guinea
CNMC and China Railway conjure up bauxite consortium

DRC
Ventora debacle throws up hurdles for Gécamines triumvirate

DRC
With Lualaba Copper Smelter, CNMC takes early hold of ERG copper

Zambia
Trafigura and Copperbelt Energy caught up in Konkola Copper wind-up

DRC
CNMC hones in on ERG's Katangan mines

DRC
After Deziwa upset, CNMC buckles down in Katanga

Zambia
CNMC and ZCCM-IH win victory over copper fraudsters