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DRC
Fametal casts lustful eyes on MIBA's diamonds

Fametal, a Chinese company that belongs to the CRAA International Trade group and is listed on the Shanghai Gold Exchange [...]

Published on 10/03/2015 at 23:02 GMT

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DRC
Militias prey on Kasai’s diamonds

For some weeks diamond miners in the Kasai provinces and [...]

Subscribers only Mining 24.01.2017

DRC
Wang Bin is back in good odour with MIBA

Having agreed to make concessions, businessman Wang Bin seems poised to finalize an agreement with MIBA.

Subscribers only Mining 08.09.2015

DRC
India’s BEML seeks to gain market foothold through MIBA

In lending $30 million to help MIBA revive its operations, the Indian group BEML hopes to conquer Congo’s market.

Subscribers only Mining 25.08.2015

Spotlight | DRC
Illicit dredging: MIBA clears the deck

In the midst of re-negotiating a farm out accord with Mercure Ressources, a firm headed by Wang Bin (AMI 341), the Societe Miniere de Bakwanga (MIBA) has launched an offensive on an altogether different front: that of dredgers illegally mining [.

Subscribers only Mining 12.05.2015

Spotlight | DRC
MIBA unsettled by businessman Wang Bin

Known for his offhand methods in the gold industry (AMI 294, AMI 285 and AMI 271). Chinese businessman Wang Bin has triggered a crisis at the state-owned diamond group Societe Miniere de Bakwanga (MIBA). It resolves around the signing of [.

Subscribers only Mining 24.03.2015

DRC
Sibeka wins veto rights under new MIBA management

After eight years of bargaining and the adoption of new statutes in September, MIBA’s first board meeting was held in Mbuji-Mayi on Jan. 8-9.

Subscribers only Mining 27.01.2015

DRC
Armed groups lose interest in "three Ts"

While the end of the M23 rebellion hasn't meant fewer armed groups occupying mines in eastern Congo their interest has [...]

Subscribers only Mining 11.11.2014

DRC
Sibeka now under MIBA management

The Miniere de Bakwanga (MIBA), which has operated up to [...]

Subscribers only Mining 30.09.2014

DRC
Conflict between MIBA and East Kasai governor

With diamond output collapsing last year in Democratic Republic of [...]

Subscribers only Mining 04.02.2014

DRC
MIBA: Kabwelulu plays Father Christmas

Visiting MBuju-Mayi on Christmas eve with national assets minister Louise [...]

Subscribers only Mining 07.01.2014

DRC
Power cuts hobble gem province

Constant power cuts in Mbuji Mayi are holding back diamond production and preventing East Oriental province’s economy from taking off.

Subscribers only Energy 10.12.2013

Insiders | DRC
Mines at the heart of ethnic allegiances

In this enormous country where central power is weak, ethnic allegiance counts above everything, particularly in the mineral resources sector where the political and economic stakes are high. Whoever controls the copper, cobalt, diamond and cassiterite mines of this vast land controls the manna which will finance the presidential and provincial elections of the future and the military operations needed to repel foreign forces.

Subscribers only 29.08.2013