DR Congo s mining capital caught in the China struggle
·Kolwezi has some of the world s largest copper and cobalt reserves and that makes it a key location at the heart of the and China s jostle for mineral supremacy on the African continent
·Kolwezi has some of the world s largest copper and cobalt reserves and that makes it a key location at the heart of the and China s jostle for mineral supremacy on the African continent
·The mining sector in Congo is predominantly influenced by Chinese companies In April last year the National Assembly of DRC called for a review of the country s mining agreements with China The central African nation sought to expand its share of the revenue from the foreign backed mining that takes place there
·OKAPI WILDLIFE RESERVE Congo AP — Scattered along the banks of the Ituri River buildings cram together cranes transport dirt and debris scatters the soil The patches of trees are a scant reminder that a forest once grew there But nearly two dozen residents as well as former and current Kimia Mining employees from villages in and
·Phone and electric car batteries are made with cobalt mined in the Democratic Republic of Congo Cobalt Red author Siddharth Kara describes the conditions for workers as a "horror show "
·Mining companies in the Democratic Republic of Congo include both large international mining houses and Artisanal and Small Scale Mining companies ASM DRC s active mining companies • African Metals Corp • Amani Gold • AngloGold Ashanti •
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·The government is reviewing the $6bn infrastructure for minerals deal concluded by then President Joseph Kabila Kabange and Chinese investors in the context of a broader examination of mining contracts finance minister Nicolas Kazadi told Reuters on 27 August
·The Democratic Republic of Congo DR Congo is an immense country the second largest in Africa with rich and varied natural resources In addition to impressive fauna and flora one of the largest areas of equatorial forest in the world and significant oil reserves the subsoil of DR Congo is full of minerals and metals
·The recent increase in global demand for copper raw materials resulting in large part from rapid economic growth in Asia has considerably contributed to rising commodity prices and a depletion of natural resources across Africa Broadman 2007 As a result there has been increasing calls for foreign investment among African leaders leading to expansion of biofuel
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