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Luita
The Luita plant will be the largest copper and cobalt processing plant in Africa, and the largest cobalt facility in the world. It is being built in modules by the Central African Mining and Exploration Company (CAMEC) in Katanga Province, Democratic Republic of the Congo. The Luita plant is designed to process copper and cobalt concentrate from Mukondo Mountain, which may be the richest cobalt reserve in the world. In July 2008 CAMEC said the resource estimate at Mukondo was 70 million tons of ore containing 1.5 million tons of copper and 500,000 tonnes of cobalt. The cobalt grade averages 1.2%, an exceptionally high concentration. The ore is concentrated at the Dense Media Separation (DMS) plant at Kakanda before being trucked to Luita. In February 2008 CAMEC and their partner, Dan Gertler's Prairie International, announced that the Mukondo Mountain operations had restarted. In July 2008 CAMEC said the Luita facility, due to be completed later that year, would be the largest o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central African Mining And Exploration Company
The Central African Mining and Exploration Company plc (CAMEC) was a mining company active in the Katanga Province of the Democratic Republic of the Congo (DRC) and in other parts of Africa. It was acquired by Eurasian Natural Resources Corporation in 2009. Early years In September 2002 Andrew Groves reported a 6 to 7 million Rand had been spent to upgrade the Three Aloes mine. CAMEC listed on the London Stock Exchange's Alternative Investment Market in October 2002. It pursued an aggressive and successful program of acquiring and developing projects, finding little difficulty in gaining funding based on its strong track record. The company developed operations or undertook exploration in Mali (bauxite), Mozambique (coal), the DRC (copper and cobalt), South Africa (fluorspar) and Zimbabwe. Entry into Congo Initially, the Zimbabwean businessman Billy Rautenbach controlled ''Boss Mining Sprl'', which owned 50% of the Mukondo resource. The provenance of Rautenbach's claims to M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mukondo Mountain
Mukondo Mine is a copper and cobalt mine in Katanga Province, Democratic Republic of the Congo. As of 2011 it was operated by the Central African Mining and Exploration Company (CAMEC). It may be the richest cobalt reserve in the world. Location In July 2008 CAMEC said the resource estimate at Mukondo was 70 million tons of ore containing 1.5 million tons of copper and 500,000 tonnes of cobalt. The cobalt grade averages 1.2%, an exceptionally high concentration. The Mukondo mountain has a height of over . Mining is relatively cheap since waste rock can simply be pushed off the mountain rather than hauled away. Ownership changes 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 the Zimbabwean businessman John Bredenkamp, held 80% of KMC while the state-owned Gécamines held 20% In June 2006 Dan Gertler bought Tremalt for about $60m. The sale was to Prairie International, of whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Katanga Province
Katanga was one of the four large provinces created in the Belgian Congo in 1914. It was one of the eleven provinces of the Democratic Republic of the Congo between 1966 and 2015, when it was split into the Tanganyika, Haut-Lomami, Lualaba, and Haut-Katanga provinces. Between 1971 and 1997 (during the rule of Mobutu Sese Seko when Congo was known as Zaire), its official name was Shaba Province. Katanga's area encompassed . Farming and ranching are carried out on the Katanga Plateau. The eastern part of the province is considered to be a rich mining region, which supplies cobalt, copper, tin, radium, uranium, and diamonds. The region's former capital, Lubumbashi, is the second-largest city in the Congo. History Copper mining in Katanga dates back over 1,000 years, and mines in the region were producing standard-sized ingots of copper for international transport by the end of the 10th century CE. In the 1890s, the province was beleaguered from the south by Cecil Rhod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dan Gertler
Dan Gertler (born 23 December 1973) is an Israeli billionaire businessman in natural resources and the founder and president of the DGI (Dan Gertler International) group of companies. He has diamond and copper mining interests in the Democratic Republic of the Congo (DRC), and has invested in iron ore, gold, cobalt, oil, agriculture, and banking. He may also hold citizenship of that country. his fortune was estimated at $1.2 billion by '' Forbes''. Gertler's deals have been under scrutiny by the International Monetary Fund (IMF) and the World Bank since 2012. He has been described as "controversial", and as making most of his fortune from "looting Congo at the expense of its people". The Panama papers revealed deals carried out through Mossack Fonseca shell companies, among his many offshore companies. Effective 21 December 2017, US President Donald Trump issued Executive Order 13818 implementing the Global Magnitsky Human Rights Accountability Act and listed Gertler in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SX/EW
Solvent extraction and electrowinning (SX/EW) is a two-stage hydrometallurgical process that first extracts and upgrades copper ions from low-grade leach solutions into a solvent containing a chemical that selectively reacts with and binds the copper in the solvent. The copper is extracted from the solvent with strong aqueous acid which then deposits pure copper onto cathodes using an electrolytic procedure (electrowinning). SX/EW processing is best known for its use by the copper industry, where it accounts for 20% of worldwide production, but the technology is also successfully applied to a wide range of other metals including cobalt, nickel, zinc and uranium Uranium is a chemical element with the symbol U and atomic number 92. It is a silvery-grey metal in the actinide series of the periodic table. A uranium atom has 92 protons and 92 electrons, of which 6 are valence electrons. Uranium is weakly .... References * * * Metallurgical processes {{Industry-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
