Deal #5421

Congo, Dem. Rep.
Created at
2017-04-04
Last update
2017-04-04

Land area

Intended size
12 400 ha
Size under contract (leased or purchased area)
  • [2012, current] 12400.0 ha
Comment on land area
Lonshi lies within the Kipilunga Exploitation Concession, which measures 124 square kilometres.

Intention of investment

Intention of investment
  • [current] Mining

Nature of the deal

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

Negotiation status

Negotiation status
  • [2012, current] Concluded (Contract signed)
Comment on negotiation status
The deposit was discovered in 2000. First Quantum mined since 2001. Eurasian Natural Resources Corp acquired the mine in 2012.

Implementation status

Implementation status
  • [2012] Project not started
  • [2014, current] Project not started
Comment on implementation status
First Quantum curtailed open pit mining operations due to the exhaustion of its oxide reserves in 2008.

Contract farming

Contract farming
No