Deal history comparison #2009

Previous version (134152)

Selected version (135622)

Location #1

Spatial accuracy level
Administrative region
Location
Katanga, Democratic Republic of the Congo

Target country
Congo, Dem. Rep.
Comment on location
Katanga

Location #1

Spatial accuracy level
Administrative region
Location
Katanga, Democratic Republic of the Congo

Target country
Congo, Dem. Rep.
Comment on location
Katanga

Land area

Intended size (in ha)
4,075
Size under contract (leased or purchased area, in ha)
4,075
Comment on land area
Various operations- totaling 40.757 square kilometers (4075.7 hectares).

Intention of investment

Intention of investment
Mining
Comment on intention of investment
copper, cobalt

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Implementation status
[2008] In operation (production)
Comment on implementation status
Re-establishment of old mining operations

Contract farming

Contract farming
No

Land area

Intended size (in ha)
4,075
Size under contract (leased or purchased area, in ha)
4,075
Comment on land area
Various operations- totaling 40.757 square kilometers (4075.7 hectares).

Intention of investment

Intention of investment
Mining
Comment on intention of investment
copper, cobalt

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)
Comment on nature of the deal
Term of 20 years from the date of operations. Automatically renewable twice for a period of 10 years each.

Negotiation status

Negotiation status
Concluded (Contract signed)
Comment on negotiation status
JV agreement amended 25/07/2009

Implementation status

Implementation status
In operation (production)
Comment on implementation status
Re-establishment of old mining operations

Contract farming

Contract farming
No

Contract #1

Duration of the agreement (in years)
20

Operating company

Comment on investment chain
Katanga, through its 75% owned subsidiary Kamoto Copper Company SARL (“KCC”), is engaged in copper and cobalt mining and related activities in the Democratic Republic of Congo (“DRC”). Katanga's ultimate parent company is Glencore Xstrata plc (“Glencore Xstrata”) which owns 75. 3% of Katanga's shares through Jangleglade Limited and another Glencore Xstrata subsidiary

Operating company

Comment on investment chain
Katanga, through its 75% owned subsidiary Kamoto Copper Company SARL (“KCC”), is engaged in copper and cobalt mining and related activities in the Democratic Republic of Congo (“DRC”). Katanga's ultimate parent company is Glencore Xstrata plc (“Glencore Xstrata”) which owns 75. 3% of Katanga's shares.

Data source #1

Data source type
Media report
File

Data source #2

Data source type
Company sources
File

Data source #3

Data source type
Company sources
File

Data source #4

Data source type
Research Paper / Policy Report
File
Date
2010-03-31
Comment on data source
A Technical Report on the Material Assets of Katanga Mining Limited Katanga Province, DRC

Data source #1

Data source type
Media report
File

Data source #2

Data source type
Company sources
File

Data source #3

Data source type
Company sources
File

Data source #4

Data source type
Research Paper / Policy Report
File
Date
2010-03-31
Comment on data source
A Technical Report on the Material Assets of Katanga Mining Limited Katanga Province, DRC

Data source #5

Data source type
Contract
File

Promised benefits for local communities

Promised benefits for local communities
Health
Education

Promised benefits for local communities

Promised benefits for local communities
Health
Education

Detailed crop, animal and mineral information

Resources area
Cobalt, Copper, Gold

Detailed crop, animal and mineral information

Resources area
Cobalt, Copper, Gold

Overall comment

Overall comment
Many mining companies active in Katanga region of DRC. None seem to have Chinese interests, unless the Chinese have an influence in Gecamines.

Overall comment

Overall comment
Many mining companies active in Katanga region of DRC. None seem to have Chinese interests, unless the Chinese have an influence in Gecamines.