Kambove mines
Encyclopedia
The Kambove mines are a group of active or abandoned copper mines near Kambove
in the Democratic Republic of the Congo
.
Inactive mines in the region include Kabolela Mine, Kakanda deposit, Kambove Principal Mine and M'sesa Mine.
Gécamines
, a state-owned mining company, owns the Kamoya central, Kamoya south, Shangolowe and Kamfundwa
mines.
Other mines are Kambove West Mine and the "secret" Kamoya South II Mine.
In January 2001 the Kababancola Mining Company (KMC) was established as a copper and cobalt mining partnership for a 25-year term.
Tremalt
, controlled by John Bredenkamp
, held 80% of KMC while Gecamines held 20%
KMC gained the rights to mines, facilities and concentrators at Kambove and Kakanda.
KMC made relatively low investment in these properties, continuing to operate the already-functioning Kamoya Mine but not opening the others.
In March 2002 the DRC authorities took back control of the Kambove concentrator from Tremalt following a complaint by the manager of KMC against Gecamines at the International Centre for the Settlement of Investment Disputes.
Kambove
Kambove is a town in Haut-Katanga District, Democratic Republic of the Congo.Kambove lies at an altitude of 4783 ft . Economic activity in the area includes cobalt processing.Kambove is the center of the Kambove mines region....
in the Democratic Republic of the Congo
Democratic Republic of the Congo
The Democratic Republic of the Congo is a state located in Central Africa. It is the second largest country in Africa by area and the eleventh largest in the world...
.
Inactive mines in the region include Kabolela Mine, Kakanda deposit, Kambove Principal Mine and M'sesa Mine.
Gécamines
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...
, a state-owned mining company, owns the Kamoya central, Kamoya south, Shangolowe and Kamfundwa
Kamfundwa Mine
The Kamfundwa Mine is one of the Kambove mines in the mining region around Kambove, Katanga Province, Democratic Republic of the Congo.It is near the Shangulowé Mine, about north of the Kamoya mine district.-Secret mine:...
mines.
Other mines are Kambove West Mine and the "secret" Kamoya South II Mine.
In January 2001 the Kababancola Mining Company (KMC) was established as a copper and cobalt mining partnership for a 25-year term.
Tremalt
Tremalt
Tremalt Limited was a mining company incorporated in the Democratic Republic of the Congo . It was the vehicle for a highly criticized deal in 2001 in which it bought copper assets at far below their estimated value in return for a private agreement to pay a share of profits to the DRC and Zimbabwe...
, controlled by John Bredenkamp
John Bredenkamp
John Arnold Bredenkamp is a Zimbabwean businessman and former rugby player. He is the founder of the Casalee Group.-Early life:...
, held 80% of KMC while Gecamines held 20%
KMC gained the rights to mines, facilities and concentrators at Kambove and Kakanda.
KMC made relatively low investment in these properties, continuing to operate the already-functioning Kamoya Mine but not opening the others.
In March 2002 the DRC authorities took back control of the Kambove concentrator from Tremalt following a complaint by the manager of KMC against Gecamines at the International Centre for the Settlement of Investment Disputes.