Société Minière Et Industrielle Du Kivu
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Société Minière Et Industrielle Du Kivu
The Société Minière et Industrielle du Kivu (Sominki) was a privately held mining company of Zaire. It operated gold and tin mines, mostly in South Kivu province, between 1974 and 1997. The acquisition of its mining assets by Banro Corporation of Canada was complicated by the First Congo War in 1996–1997, followed by expropriation of the mines by the new Democratic Republic of the Congo (DRC) government. Eventually Banro gained the right to exploit the gold mines. Foundation In 1973 Cobelmin Zaire, a subsidiary of the ''Compagnie Belge d'Entreprises Minières'', was owner of five small mining companies: Minière des Grands Lacs (MGL), Kinoretain, Kundamines, Minerga and Miluba. Cobelmin and MGL were both located at Kamituga in Kivu Province, which had a large gold mine and was in the center of the tin-bearing cassiterite region. Kivumines, Phibraki, Somikubi and Symetain were also active in the region in 1973. Philips Brothers Sobaki owned 75% and 50% respectively of Kivu ...
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Société Aurifère Du Kivu Et Du Maniema
Société Aurifère du Kivu et du Maniema, SARL (SAKIMA) is a Congolese state-owned mining company which holds interests in various gold and tin mines in the provinces of Maniema, North Kivu and South Kivu in the eastern Democratic Republic of the Congo. The company's operations are based in the town of Kalima. History SAKIMA was founded in 1997 to take over the assets of Société Minière et Industrielle du Kivu. SAKIMA was originally 93% owned by the Canada-based ''Banro Resource Corporation'' and 7% owned by the DRC government. Laurent-Désiré Kabila's administration wanted SAKIMA to invest hundreds of millions into reviving its cassiterite, coltan, and gold mines, but Banro refused as it was only interested in the gold mines. Relations between Banro and the government deteriorated, and the SAKIMA's mining agreements were revoked by presidential degree in July 1998 and transferred to ''Société des Mines du Congo SARL'' (SOMICO), a new wholly Congolese state-owned corpor ...
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Namoya Mine
Namoya Mine is an open pit gold mine in Maniema province of the Democratic Republic of the Congo (DRC) which started operations in 2016. Production has been disrupted by repeated attacks from rebel militias. The original Canadian owner sold to a Chinese consortium in 2020 due to security concerns. Location The Namoya Mine is in Kabambare Territory of Maniema, just south of the South Kivu border and north of the RP1121 highway. It is south of Mount Mutumba in the Itombwe Mountains. Namoya Airport and Namoya town are to the south of the mine. The Kama River flows through Namoya town. The mine is at the south end of the Twangiza-Namoya gold belt, also called the Maniema-South Kivu Gold Belt, which stretches from South Kivu into Maniema. The belt extends from Twangiza Mine, Twangiza southwest to Namoya Mine. Banro Corporation of Canada has a exploration permit around Namoya with four main deposits: Mount Mwendamboko, Muviringu, Kakula and Namoya Summit. The mine is on the western m ...
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Non-renewable Resource Companies Disestablished In 1997
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can also occur within human lifespans. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present in vast amounts in E ...
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Mining Companies Of The Democratic Republic Of The Congo
Mining is the extraction of valuable geological materials and minerals from the surface of the Earth. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. The ore must be a rock or mineral that contains valuable constituent, can be extracted or mined and sold for profit. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, and final reclamation or restoration of the land after the mine is closed. Mining materials are often obtained from ore bodies, lodes, veins, seams, reefs, or placer deposits. The exploitation of th ...
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Non-renewable Resource Companies Established In 1974
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can also occur within human lifespans. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present in vast amounts in E ...
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1974 Establishments In Zaire
Major events in 1974 include the aftermath of the 1973 oil crisis and the resignation of President of the United States, United States President Richard Nixon following the Watergate scandal. In the Middle East, the aftermath of the 1973 Yom Kippur War determined politics; following List of Prime Ministers of Israel, Israeli Prime Minister Golda Meir's resignation in response to high Israeli casualties, she was succeeded by Yitzhak Rabin. In Europe, the Turkish invasion of Cyprus, invasion and occupation of northern Cyprus by Turkey, Turkish troops initiated the Cyprus dispute, the Carnation Revolution took place in Portugal, the Greek junta's collapse paves the way for the establishment of a Metapolitefsi, parliamentary republic and Chancellor of Germany, Chancellor of West Germany Willy Brandt resigned following an Guillaume affair, espionage scandal surrounding his secretary Günter Guillaume. In sports, the year was primarily dominated by the 1974 FIFA World Cup, FIFA World ...
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OECD Guidelines For Multinational Enterprises
The OECD Guidelines for Multinational Enterprises on Responsible Business Conduct are recommendations on responsible business conduct addressed by governments to multinational enterprises operating in or from the 52 adhering countries. The Guidelines provide non-binding principles and standards for responsible business conduct in a global context that are consistent with applicable laws and internationally recognised standards. The Guidelines are an annex of the Declaration on International Investment and Multinational Enterprises. The Guidelines are legally non-binding, but the OECD Investment Committee and its Working Party on Responsible Business Conduct encourage implementation among adherents. The most concrete manifestation of government commitment to the principles set forth in the Guidelines are the National Contact Points (NCPs), which are offices charged with promoting observance of the Guidelines by multinational enterprises. Each of the 51 adhering countries are requir ...
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Maniema
Maniema Province (''Jimbo la Maniema'', in Swahili) is one of 26 provinces of the Democratic Republic of the Congo. Its capital is Kindu. The 2020 population was estimated to be 2,856,300. Toponymy Henry Morton Stanley explored the area, calling it Manyema.Stanley, H.M., 1899, Through the Dark Continent, London: G. Newnes, Vol. One , Vol. Two Geography Maniema borders the provinces of Sankuru to the west, Tshopo to the north, North Kivu and South Kivu to the east, and Lomami and Tanganyika to the south. Administrative divisions Maniema consists of the city of Kindu and seven territories: Punia, Pangi, Lubutu, Kibombo, Kasongo, Kailo and Kabambare. Economy Mining is the main industry in the province and diamonds, copper, gold Gold is a chemical element; it has chemical symbol Au (from Latin ) and atomic number 79. In its pure form, it is a brightness, bright, slightly orange-yellow, dense, soft, malleable, and ductile metal. Chemically, gold is ...
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Twangiza-Namoya Gold Belt
The Twangiza-Namoya gold belt is a belt of gold deposits in the east of the Democratic Republic of the Congo. Artisanal working of alluvial deposits dates back to the 1920s. More systematic exploration and exploitation took place in the colonial era and continues up to the present, although civil war and militia attacks have periodically disrupted operations and have caused several changes of ownership of the concessions. Location The Twangiza-Namoya gold belt, also called the Maniema-South Kivu Gold Belt. stretches from South Kivu into Maniema. It extends from Twangiza, South Kivu, in the northeast to Namoya, Maniema, in the southwest. There are gold deposits at Kamituga, Lugushwa and other properties in the belt. From Namoya the belt extends west towards Kampene. Geology The Twangiza–Namoya gold belt is on the western margin of the Kibaran Mobile Belt, which lies between the Congo Craton and the Tanzania Craton. It developed in the Proterozoic. It holds a sediment ...
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Joseph Kabila
Joseph Kabila Kabange ( , ; born 4 June 1971) is a Congolese politician and former military officer who served as the fourth President of the Democratic Republic of the Congo from 2001 to 2019. He took office ten days after the assassination of his father, President Laurent-Désiré Kabila in the context of the Second Congo War. He founded the People's Party for Reconstruction and Democracy (PPRD) in 2002 and was allowed to remain in power after the 2003 Pretoria Accord ended the war as the president of the country's new Transitional Government of the Democratic Republic of the Congo, transitional government. He was elected as president in 2006 Democratic Republic of the Congo general election, 2006 and re-elected in 2011 Democratic Republic of the Congo general election, 2011 for a second term. Since stepping down after the 2018 Democratic Republic of the Congo general election, 2018 election, Kabila, as a former president, serves as a senator for life.Bujakera, Stanis (15 Marc ...
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Laurent-Désiré Kabila
Laurent-Désiré Kabila (; 27 November 1939 – 16 January 2001) usually known as Laurent Kabila or Kabila the Father (American English, US: ), was a Congolese rebel and politician who served as the third president of the Democratic Republic of the Congo from 1997 until Assassination of Laurent-Désiré Kabila, his assassination in 2001. Kabila initially gained prominence as an opponent of Mobutu Sese Seko during the Congo Crisis (1960–1965). He took part in the Simba rebellion and led the Communist-aligned Maquis of Fizi, Fizi rebel Secession, breakaway state in eastern Congo from 1967 to 1988 before disappearing from public. In the 1990s, Kabila re-emerged as leader of the Alliance of Democratic Forces for the Liberation of Congo (ADFL), a Rwandan and Ugandan-sponsored rebel group that invaded Zaire and overthrew Mobutu during the First Congo War from 1996 to 1997. Following the war, Kabila became the new president of the country, whose name was changed back to the Democratic ...
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Alliance Of Democratic Forces For The Liberation Of Congo
The Alliance of Democratic Forces for the Liberation of Congo-Zaire (), also known by the French acronym AFDL, was a coalition of Rwandan, Ugandan, Burundian, and Congolese dissidents, disgruntled minority groups, and nations that toppled Mobutu Sese Seko and brought Laurent-Désiré Kabila to power in the First Congo War. Although the group was successful in overthrowing Mobutu, the alliance fell apart after Kabila did not agree to be dictated by his foreign backers, Rwanda and Uganda, which marked the beginning of the Second Congo War in 1998. Background By the middle of 1996, the situation in eastern Zaire was simmering with tension. Following the Rwandan genocide in 1994, hundreds of thousands of ethnic Hutus had fled across the border into Zaire where they settled in large refugee camps. Many of those responsible for the genocide, the former Rwandan Armed Forces (FAR) and '' interahamwe'' militia, used the anonymity offered by the camps to reorganize into the rebel Rasse ...
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