Deal #5425

Location #1

Spatial accuracy level
Administrative region
Location
Kolwezi, Democratic Republic of the Congo

Target country
Congo, Dem. Rep.

Land area

Comment on land area
Size is not known.

Intention of investment

Intention of investment
Mining

Nature of the deal

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

Negotiation status

Negotiation status
Concluded (Contract signed)
Comment on negotiation status
initial feasibility study was conducted between May 2004 and May 2006

Implementation status

Implementation status
Startup phase (no production)
Comment on implementation status
The company was ready to start operation in 2007, but did not due to legal disputes and amendments to the mining agreement.

Contract farming

Contract farming
No

Operating company

Operating company
Name of investment project
Kalukundi Mine

 

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Data source #1

Data source type
Media report
File
Date
2009-07-29
Comment on data source
Development stage Kalukundi project in DRC

Data source #2

Data source type
Media report
File
Date
2007-02-09
Comment on data source
Engineering News-New rich $200m copper-cobalt mine for DRC at Kalukundi

Data source #3

Data source type
Media report
File
Date
2012-08-17
Comment on data source
Mail and Guardian- Tokyo Sexwale and the DRC's Mr Grab

Data source #4

Data source type
Media report
File
Date
2007-02-28
Comment on data source
Africo Appoints Mine Construction Team at Kalukundi

Data source #5

Data source type
Media report
File
Date
2016-06-28
Comment on data source
Africo: A Hidden 'Gold Mine'

Detailed crop, animal and mineral information

Resources area
Cobalt, Copper

Water extraction envisaged

Water extraction envisaged
Yes

April 4, 2017, 7:36 p.m.

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