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DRC

The never-ending controversy over state-run Sokimo's gold

In 2020, the agreement signed by AJN Resources to buy part of the DRC's state-run company Sokimo's shares, was the talk of the town. Though the storm has passed, the situation remains unclear. [...] (494 words)

Issue dated 11/10/2021 Reading time 2 minutes

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Mining

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DRC
AJN Resources
Amani Gold
Bankers Cobalt Corp
Barrick Gold Corp
Bluerock Atlantis Gold
Central African Gold
Cong Mao Huai
Daniel Shefer
Ironveld
Joseph Kabila
Klaus Eckhof
Simon Cong
Sokimo
Tania Olwyn Shefer
Vredeber Albert Gerhard W.R. Freiherr von Ketelhodt
Yves Kabongo
Zoe Kabila

With AJN, serial entrepreneur Klaus Eckhof could dig deeper into Manono lithium

The deal AJN Resources has struck with the Congolese state should enable the company and its CEO, the DRC mining-savvy Klaus Eckhof, to start lithium exploration in the Manono area, in addition to gold prospection in the eastern part of the country.

DRC Energy Mining 01/03/2022

Cobalt, gold and carbon credits: the company run by Yves Kabongo changes name to fit with latest strategy

First named Bankers Cobalt to ride the cobalt wave, then Central African Gold as gold prices rose, the company led in the DRC by Yves Kabongo has now morphed again into African Energy Metals.

DRC Mining 24/01/2022

Klaus Eckhof circles back to Manono's lithium

The German-born businessman-geologist has a history of arranging mining deals in the DRC. Now he has joined Tantalex Resources, which is exploring for lithium in Manono, just next to the concessions held by a company he used to work for:

DRC's president Felix Tshisekedi. © Reuters

In Focus

DRC Mining 10/01/2022

Felix Tshisekedi's inner circle in a panic over mining deal dispute

For several weeks, a dispute between one of President Felix Tshisekedi's closest advisers and the former chairman of the independent national electoral commission has been causing high-level turbulence in the Democratic Republic of the Congo (DRC).

UGANDA Mining 08/11/2021

Future Busia refinery heightens gold smuggling concerns

The Ugandan authorities are already worried about gold being smuggled into the country from the DRC, and the Busia gold refinery project could see a rise in illegal trade from Kenya, Ethiopia and Somalia.

DRC Mining 04/11/2021

Keenly awaited Gécamines audit nears completion

The keenly awaited audit of state mining company Gécamines is almost complete. It was launched in September by the Inspection Générale des Finances (IGF), which is under the direct authority of President Félix Tshisekedi.

DRC Mining 21/10/2021

Zealous mining investor Klaus Eckhof back in Bisié tin zone

With the prospects for tin looking rosy over the next few years, Klaus Eckhof, a keen investor in the DRC's mining sector, is hoping to develop a tin project next to Alphamin's very high-grade Bisié deposit.

Spotlight

DRC Mining 23/04/2021

China-DRC middleman Simon Cong goes into copper mining with Gecamines

Influential Chinese businessman Simon Cong, who is close to the Kabila clan and has interests throughout the Congolese economy, is due to start operations soon on a copper mining venture in Haut-Katanga.

DRC Mining 21/09/2020

NRGI, Carter Center, to help Kinshasa meet IMF mining transparency demands

The two NGOs will work with the DRC government in publishing mining contracts, in line with one of the IMF's conditions for providing new financial support.

DRC Mining 16/09/2020

Bankers Cobalt changes its name as gold prices soar

Canadian mining junior Bankers Cobalt, which counts Congolese businessmen Simon Tuma-Waku and Yves Kabongo among its senior managers, has been renamed Central African Gold even though it has no plans yet to become a pure player in gold mining.

Spotlight

DRC Mining 10/03/2020

Barrick, Eckhof, Sokimo, Fimosa: for all the gold in DRC

While Klaus Eckhof has failed to add a 10% share in the western DRC gold mine Kibali to his investment spree in the country, the mine's Canadian operator Barrick Gold Corp is understood to be keen to expand its foothold

Spotlight

DRC Mining 26/06/2018

The rise and rise of the Chinese miners in Katanga

Taking the long-term approach has paid off for the Chinese mining operators, services and trading firms patiently lobbying to take control of Congo-K's mining sector. While Chinese investors are not the most proactive presence at the various mining forums and

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AJN Resources
Amani Gold
Bankers Cobalt Corp
Barrick Gold Corp
Bluerock Atlantis Gold
Central African Gold
Cong Mao Huai
Daniel Shefer
Ironveld
Joseph Kabila
Klaus Eckhof
Simon Cong
Sokimo
Tania Olwyn Shefer
Vredeber Albert Gerhard W.R. Freiherr von Ketelhodt
Yves Kabongo
Zoe Kabila

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Algerian secret services in survival mode in North Mali

As fight against M23 continues, Kigali and Kinshasa wage war of intelligence

The never-ending controversy over state-run Sokimo's gold

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

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Set up email notifications for these topics

With AJN, serial entrepreneur Klaus Eckhof could dig deeper into Manono lithium

Cobalt, gold and carbon credits: the company run by Yves Kabongo changes name to fit with latest strategy

Klaus Eckhof circles back to Manono's lithium

Felix Tshisekedi's inner circle in a panic over mining deal dispute

Future Busia refinery heightens gold smuggling concerns

Keenly awaited Gécamines audit nears completion

Zealous mining investor Klaus Eckhof back in Bisié tin zone

China-DRC middleman Simon Cong goes into copper mining with Gecamines

NRGI, Carter Center, to help Kinshasa meet IMF mining transparency demands

Bankers Cobalt changes its name as gold prices soar

Barrick, Eckhof, Sokimo, Fimosa: for all the gold in DRC

The rise and rise of the Chinese miners in Katanga

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The never-ending controversy over state-run Sokimo's gold

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

Create your free account

create a free account

Set up email notifications for these topics

With AJN, serial entrepreneur Klaus Eckhof could dig deeper into Manono lithium

Cobalt, gold and carbon credits: the company run by Yves Kabongo changes name to fit with latest strategy

Klaus Eckhof circles back to Manono's lithium

Felix Tshisekedi's inner circle in a panic over mining deal dispute

Future Busia refinery heightens gold smuggling concerns

Keenly awaited Gécamines audit nears completion

Zealous mining investor Klaus Eckhof back in Bisié tin zone

China-DRC middleman Simon Cong goes into copper mining with Gecamines

NRGI, Carter Center, to help Kinshasa meet IMF mining transparency demands

Bankers Cobalt changes its name as gold prices soar

Barrick, Eckhof, Sokimo, Fimosa: for all the gold in DRC

The rise and rise of the Chinese miners in Katanga

Set up email notifications for these topics

First visit

Contacts

Tools

Follow us

A website produced by

Indigo Publications also publishes: