Deal #5432

Location #1

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

Latitude
-4.027649720357095
Longitude
27.54715699462895
Target country
Congo, Dem. Rep.
Comment on location
southern end of the Twangiza-Namoya gold belt in Maniema province, approximately 210 kilometers southwest of Twangiza

Land area

Intended size (in ha)
17400
Size under contract (leased or purchased area, in ha)
17400
Comment on land area
174km2= 17400ha

Intention of investment

Intention of the investment
Mining

Nature of the deal

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

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Implementation status
[2016] In operation (production)
Comment on implementation status
Commercial production started 01:01:2016. First gold was poured in December 2013.

Contract farming

Contract farming
No

Operating company

Operating company

 

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Data source #1

Data source type
Company sources
File

Data source #2

Data source type
Media report
File
Comment on data source
Mining technology-- Namoya Gold Mine, Maniema, Democratic Republic of the Congo

Data source #3

Data source type
Media report
File

Data source #4

Data source type
Media report
File
Comment on data source
SkyNews-Armed attackers kidnap five workers at Congolese gold mine

Former land owner (not by constitution)

Comment on former land owner
During the 1950s a small open pit was established. Mining ceased in 1961.

Detailed crop, animal and mineral information

Resources area
Gold

Use of produce

Has export
Yes

In country processing of produce

In country processing of produce
Yes

Water extraction envisaged

Water extraction envisaged
Yes

April 6, 2017, 4:16 p.m.

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