Deal #5420

Location #1

Spatial accuracy level
Exact location
Location
Kisenda, Democratic Republic of the Congo

Latitude
-10.784589220642347
Longitude
25.807371160937464
Target country
Congo, Dem. Rep.
Comment on location
Katanga province

Land area

Intended size (in ha)
18500
Size under contract (leased or purchased area, in ha)
[2013] 18500
Comment on land area
Kansuki, is 185 km2= 18500ha. Cannot find the exact size of the larger concession which Kansuki is located within (see negotiation status).

Intention of investment

Intention of the investment
Mining

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)
Comment on nature of the deal
Estimated mine life of 15 years

Negotiation status

Negotiation status
[2013] Concluded (Contract signed)
Comment on negotiation status
In 2006, Fleurette Group acquired an interest in Kansuki concession. In 2011 Fleurette Group acquired its stake in the adjacent Mutanda concession. In July 2013, Mutanda and Kansuki merged creating Mutanda Mining (MUMI). In February 2015, MUMI acquired the rights in the Chabara concession (located within Mumi’s concession area) from Dino Steel.

Implementation status

Implementation status
In operation (production)

Contract farming

Contract farming
No

Number of total jobs created

Jobs created (total)
Yes
Current number of employees (total)
3500
Comment on jobs created (total)
Approximately 96% are Congolese nationals.

Operating company

Operating company
Comment on investment chain
MUMI is jointly owned by Glencore (69% ownership) and Fleurette (31% ownership). Glencore may increase its stake in the project.

 

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Data source #1

Data source type
Company sources
File

Data source #2

Data source type
Media report
File
Date
2017-01-12
Comment on data source
Mining.com-- DRC says Ok for Glencore to take full control of Mutanda copper mine

Data source #3

Data source type
Company sources
File
Date
2017-02-02
Comment on data source
Fleurette Group: Mutanda Mining SARL Fourth Quarter 2016 Production Report

Data source #4

Data source type
Company sources
File

Data source #5

Data source type
Company sources
File
Date
2013-07-25
Comment on data source
Glencore Xstrata plc: Merger of Mutanda and Kansuki mining operations

Promised benefits for local communities

Promised benefits for local communities
Health
Education

Former land owner (not by constitution)

Comment on former land owner
Greenfield development. Not clear who owned the land before the development.

Detailed crop, animal and mineral information

Resources area
Cobalt, Copper

Use of produce

Has export
Yes
Comment on use of produce
Glencore has a 100% offtake contract.

In country processing of produce

In country processing of produce
Yes

Water extraction envisaged

Water extraction envisaged
Yes

April 4, 2017, 1:54 p.m.

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April 4, 2017, 1:33 p.m.

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