Deal #2009

Congo, Dem. Rep.
Created at
2013-02-15
Last update
2022-01-12
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