Please note: you are viewing an old version of this deal. The current version can be found here: Deal #2009
Deal #2009 Version #56635
Congo, Dem. Rep.
Created at
2013-02-15
Last update
2019-04-30
Last full update
2022-01-12
Land area
Intended size
4 075 ha
Size under contract (leased or purchased area)
- [current] 4075.0 ha
Comment on land area
Various operations- totaling 40.757 square kilometers (4075.7 hectares).
Intention of investment
Intention of investment
- [current] 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
- [current] Concluded (Contract signed)
Comment on negotiation status
JV agreement amended 25/07/2009
Implementation status
Implementation status
- In operation (production)
- [2015, current] Startup phase (no production)
Comment on implementation status
Re-establishment of old mining operations. Activities placed on hold in 2015 due to the low cobalt and copper prices. The company is upgrading their processing plant during the shut.
Contract farming
Contract farming
No