M23 rebels backed by Rwanda took the city of Goma in a bloody battle. This weekend, the group entered the gold-trading center ...
Gécamines SA, Congo's state-owned mining company, has filed an application to acquire a division of Chemaf Resources Ltd. a few months after announcing its intention to block the sale of the copper ...
the armed groups want to occupy the whole of eastern Congo because of its land, its gold mines and, above all, its cobalt mines. Gold nuggets can be found by simply digging along the rivers with ...
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Glencore held talks over sale of multibillion-dollar Congo copper mines - FTGlencore said it rejected an unsolicited approach from an unnamed buyer for its operations in the Democratic Republic of Congo at the end of last year.
But thanks to the company's two massive copper mines in the Congo it has rapidly grown to become the world's largest producer of cobalt, which comes as a copper by-product. Both TFM and KFM mines ...
Violence escalated when the Rwandan-backed March 23 Movement rebels seized control of Goma, a key mining city in eastern ...
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