Please note: you are viewing an old version of this deal. The current version can be found here: Deal #5420

Deal #5420 Version #72427

Congo, Dem. Rep.

Created at

2017-04-04

Last update

2017-04-04

Land area

Intended size

18 500 ha

Size under contract (leased or purchased area)

[2013, current] 18500.0 ha

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

[current] Mining

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

[2013, current] 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