London listed miner, Eurasian Natural Resources Corporation Plc (ENRC) and Canada’s First Quantum Minerals Ltd (FQM) have resolved a rumble in the jungle with a US$1.25bn settlement for disputed mining assets in the Democratic Republic …
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DRC dispute disentangled: ENRC and FQM agree settlement
Energy colonialism in the Congo
The Congo River embodies an immense amount of energy – enough to supply a significant portion of Africa’s electricity requirements. The river is being touted as a perpetual source of clean, green power that could …
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World’s Biggest Hydropower Scheme Will Leave Africans in the Dark
South Africa and the Democratic Republic of Congo have signed an agreement to build a major hydroelectric power project, which is said to bring electricity to more than half of the continent’s 900 million people. …
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Glencore puts up $635 million to build world’s largest cobalt mine
Katanga Mining announced on Friday it has secured $635.5 million in new loan facilities from parent Glencore International to fund the expansion of its Democratic Republic of Congo copper-cobalt mine. Katanga says with the expansion …
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Africa’s Energy Future Heading Down a Dark Tunnel
BHP Billiton’s proposed Inga 3 hyropower scheme in DR Congo, and its existing Mphanda Nkugwa dam in Mozambique – both designed to provide electricity for the company’s aluminium plants – come under fire from …
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Colombia to the Congo: Lust for Gold Threatens Environment & Human Rights
Nestled alongside the central range of the Andes lies the town of Cajamarca, Colombia, also known as la dispensa agricola de Colombia: literally Colombia’s agricultural larder. The fertile environs surrounding this settlement of twenty thousand …
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ENRC ends long-awaited governance review; CEO and chairman stay on
London-listed miner ENRC has ended its long-awaited governance review, confirming both the chairman and CEO in their roles as part of a trimmer board that it hopes will revive its underperforming shares.
See http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=136466&sn=Detail&pid=92730.…
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Glencore: the monster has landed!
The world’s biggest commodities’ trader has “gone public” on the London and Hong Kong Stock Exchanges, following the conditional issue of shares to its so-called “cornerstone investors” over the previous week.
Glencore has leapt straight …
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DRC wikileak reveals a uranium scandal: UK company put in the spotlight
One of the most explosive wikileaks published late last year escaped the attention of many in the international media – though it was quite widely covered elsewhere, as in this article by Julio Godoy of …
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LMN and other NGOs call to halt BHP Billiton’s Congo aluminium smelter
Fourteen African and other civil society organisations, including London Mining Network, have called on BHP Billiton to halt its plans to construct a US$5 billion aluminum smelter, and co-fund a $3.5 billion hydropower project, in …
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Congolese victims strike Anvil in Canada
A class action suit has been filed in Canada against a domestic company, accused of complicity in one of the worst recorded atrocities of the recent bloody conflicts in DR Congo.
It is alleged that, …
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Congo Says Talks With BHP Billiton on Inga 3 Power Plant Are Very Advanced
The Democratic Republic of Congo’s government is in “very advanced” talks with BHP Billiton Ltd. on the Inga 3 hydropower project, as the world’s biggest mining company seeks electricity for a possible aluminum smelter.
Congo …
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