Tiger Resources
Tiger Resources Limited is an Australia-based mining company with two active copper extraction projects in the Democratic Republic of the Congo (DRC). The company was listed on the Australian Stock Exchange in May 1997. As of 2011 the company's market capitalization was about A$350 million. The Kipoi Mine has an inferred 306,000 tonnes of copper in high-grade ore. It is a joint venture between Tiger Resources (60%) and the state-owned Gécamines (40%). It was planned to start generating revenue in 2011. Tiger invested more than $60 million to start the mine. By June 2011 Tiger was producing 25% copper concentrate at a rate of 130,000 metric tons a year. The company was considering using $250 million from cash flow to build a Solvent Extraction Electrowinning copper cathode plant, with capacity of 50,000 tons per year. Tiger Resources was negotiating to acquire a higher share of the operation from Gécamines. The Lupoto Mine is 100% owned by Tiger Resources. Maiden resource was ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Australia
Australia, officially the Commonwealth of Australia, is a sovereign ''Sovereign'' is a title which can be applied to the highest leader in various categories. The word is borrowed from Old French , which is ultimately derived from the Latin , meaning 'above'. The roles of a sovereign vary from monarch, ruler or ... country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a megadiverse country, and its size gives it a wide variety of landscapes and climates, with deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approx ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Democratic Republic Of The Congo
The Democratic Republic of the Congo (french: République démocratique du Congo (RDC), colloquially "La RDC" ), informally Congo-Kinshasa, DR Congo, the DRC, the DROC, or the Congo, and formerly and also colloquially Zaire, is a country in Central Africa. It is bordered to the northwest by the Republic of the Congo, to the north by the Central African Republic, to the northeast by South Sudan, to the east by Uganda, Rwanda, and Burundi, and by Tanzania (across Lake Tanganyika), to the south and southeast by Zambia, to the southwest by Angola, and to the west by the South Atlantic Ocean and the Cabinda exclave of Angola. By area, it is the second-largest country in Africa and the 11th-largest in the world. With a population of around 108 million, the Democratic Republic of the Congo is the most populous officially Francophone country in the world. The national capital and largest city is Kinshasa, which is also the nation's economic center. Centered on the Congo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Australian Stock Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, The Sydney Stock Exchange, a separate entity). The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges, and merged with the Sydney Futures Exchange in 2006. Today, ASX has an average daily turnover of A$4.685 billion and a market capitalisation of around A$1.6 trillion, making it one of the world's top 20 listed exchange groups. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives. Overview ASX Group is a market operator, clearing house and payments system facilitator. It also oversees compliance with its operating rules, promotes standards of corporate governance ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Gécamines
La Générale des Carrières et des Mines (Gécamines) is a Congolese commodity trading and mining company headquartered in Lubumbashi, in the Katanga region of the Democratic Republic of Congo. It is a state-controlled corporation founded in 1966 and a successor to the Union Minière du Haut-Katanga. Gecamines is engaged in the exploration, research, exploitation and production of mineral deposits including copper and cobalt. One of the largest mining companies in Africa, and the biggest in the Democratic Republic of Congo, Gécamines sits on the world's greatest deposit of cobalt and has some of the world's largest deposits of copper. Copper mines in which Gécamines has a major interests include, but are not limited to, Kambove, Kipushi, Kamfundwa and Kolwezi. Located in the mineral-rich Katanga Province, Gécamines is currently going through a multi-year, multi-billion reorganization strategic development plan with the main objective of repositioning itself as one of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lupoto Mine (north)
The Sase prospect is a copper-bearing deposit in Katanga Province, Democratic Republic of the Congo, being developed by Tiger Resources Tiger Resources Limited is an Australia-based mining company with two active copper extraction projects in the Democratic Republic of the Congo (DRC). The company was listed on the Australian Stock Exchange in May 1997. As of 2011 the company's ma .... The Sase prospect lies within the Lupoto concession, about the south of Tiger's Kipoi Mine and to the north of the older Lupoto Mine in the Kalumines concession area. The concession covers an area of . In 2008 Tiger reported that exploratory drilling had found ores with significant grades of copper. Mineralization at the Sase location has been shown on a strike length of and width up to . Maiden resource was planned for release in the first half of 2011. In February 2011, Tiger said it was planning to build a solvent-extraction plant that would process copper ore feed from the Kipoi and Lupoto ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Trafigura
Trafigura Group Pte. Ltd. is a Singaporean-based Swiss multinational commodity trading company founded in 1993 that trades in base metals and energy. It is the world's largest private metals trader and second-largest oil trader having built or purchased stakes in pipelines, mines, smelters, ports and storage terminals. The company operates through a complex network of over 100 subsidiaries across the world, with main operating offices in Geneva and Singapore. Trafigura was formed by Claude Dauphin and Eric de Turckheim in 1993, but quickly split off from a group of companies managed by Marc Rich. Trafigura has been named or involved in several scandals, particularly the 2006 Ivory Coast toxic waste dump, which left up to 100,000 people with skin rashes, headaches and respiratory problems. The company was also involved in the Iraq Oil-for-Food Scandal. History Trafigura Beheer BV was established as a private group of companies in 1993 by six founding partners: Claude Daup ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Anvil Mining
Anvil Mining was a copper producer that has been operating in the Democratic Republic of the Congo (DRC) from 2002 to 2012. The company headquarters were in Montreal, Quebec, Canada. Anvil was listed on the Toronto Stock Exchange and the Australian Stock Exchange. As of September 2011 its major shareholder was Trafigura Beheer. Following it being acquired by MMG Limited, most of board members of the company resigned, and shares of the company were set to be delisted. Kilwa controversy Anvil Mining operated the Dikulushi Mine near Kilwa, Katanga. In October 2004 there was a small-scale uprising in Kilwa which was brutally suppressed by FARDC soldiers of the 62nd Brigade. Anvil Mining Congo was accused of providing logistical support to the troops. Indeed, the Commander of the 6th military region in Lubumbashi informed a UN Special Investigation into the incident that the military operation was made possible thanks to Anvil's support. Anvil later said it had no choice about letti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Minmetals Resources
China Minmetals Corporation is a Chinese metals and mineral trading company headquartered in Beijing } Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 .... It is a state-owned enterprise, state-owned corporation under direct supervision of the State-owned Assets Supervision and Administration Commission (SASAC). China Minmetals is engaged in the production and trading of metals and minerals, including copper, aluminum, tungsten, tin, antimony, lead, zinc, and nickel. It is one of the largest metals and minerals trading companies in the world and the largest iron and steel trader in China. The company handles more than 12 million tons of steel products annually. It also trades iron, coke, coal, copper, zinc, and lead. In addition to the trade of metals, China Minmetals also trades in e ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Australian Stock Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, The Sydney Stock Exchange, a separate entity). The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges, and merged with the Sydney Futures Exchange in 2006. Today, ASX has an average daily turnover of A$4.685 billion and a market capitalisation of around A$1.6 trillion, making it one of the world's top 20 listed exchange groups. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives. Overview ASX Group is a market operator, clearing house and payments system facilitator. It also oversees compliance with its operating rules, promotes standards of corporate governance ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |