Dikuluwe Mine
Encyclopedia
The Dikuluwe Mine is a copper and cobalt mine in Katanga Province
of the Democratic Republic of the Congo.
Dikuluwe is the westernmost of the Diwa Pit group, with Mashamba West and Mashamba East
.
The quarry was opened in 1975 and was planned to be connected to the nearby Mashamba West pit.
Katanga Mining had the license to mine copper ore in the mine, but was not planning to open it for production until 2023.
In February 2008 Katanga Mining
signed an agreement where the Mashamba West and Dikuluwe deposits were transferred to the state-owned Gecamines
. In return, Gecamines would replace these deposits with deposits of similar value or pay US$825 million.
It was reported that a consortium led by Sinohydro Corporation
and China Railway Engineering Corporation
would acquire 68% of the property, with Gecamines holding 32%. The Chinese would invest about $3bn in infrastructure, and $3bn into this and other mining deposits in the DRC.
Katanga Province
Katanga Province is one of the provinces of the Democratic Republic of the Congo. Between 1971 and 1997, its official name was Shaba Province. Under the new constitution, the province was to be replaced by four smaller provinces by February 2009; this did not actually take place.Katanga's regional...
of the Democratic Republic of the Congo.
Dikuluwe is the westernmost of the Diwa Pit group, with Mashamba West and Mashamba East
Mashamba East
Mashamba East is an open pit copper mine near to Kolwezi in Katanga Province, Democratic Republic of the Congo, currently not being actively worked.-Location:The mine covers an area of...
.
The quarry was opened in 1975 and was planned to be connected to the nearby Mashamba West pit.
Katanga Mining had the license to mine copper ore in the mine, but was not planning to open it for production until 2023.
In February 2008 Katanga Mining
Katanga Mining
Katanga Mining is a mining company in the Katanga Province of the Democratic Republic of the Congo , majority-owned by Swiss commodity trader Glencore.-DCC:...
signed an agreement where the Mashamba West and Dikuluwe deposits were transferred to the state-owned Gecamines
Gécamines
Gécamines, or La Générale des Carrières et des Mines, is a state-owned mining company in the Democratic Republic of Congo . Its principal products are copper , cobalt and zinc...
. In return, Gecamines would replace these deposits with deposits of similar value or pay US$825 million.
It was reported that a consortium led by Sinohydro Corporation
Sinohydro Corporation
Sinohydro Corporation is a Chinese state-owned hydropower engineering and construction company. It is the world's largest hydroelectric company...
and China Railway Engineering Corporation
China Railway Engineering Corporation
The China Railway Engineering Corporation , or simply CREC, is a large-scale state-owned enterprise in the People's Republic of China....
would acquire 68% of the property, with Gecamines holding 32%. The Chinese would invest about $3bn in infrastructure, and $3bn into this and other mining deposits in the DRC.