Tiger Resources Limited is an Australia-based mining company with two active copper extraction projects in the

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 ...

(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 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 ...

(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 planned for release in 2011. The European trading house

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 p ...

was the largest shareholder of Tiger Resources as of September 2011, owning 28% of the company. Trafigura also owned 35% of

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 ...

, another DRC copper miner, whose sale to China's Minmetals Resources was announced in September 2011. In 2014, Tiger Resources bought out Gecamines' 40% stake in the Kipoi Mine for $111 million, leaving it as the sole shareholder. In 2018, after considering a plan to sell off its copper assets to ''Sinomine HK'', Tiger called off the $260 million dollar sale. Tiger was delisted from the Australian stock exchange in February 2020, the companys' directors resigned, and underwent

administration Administration may refer to: Management of organizations * Management, the act of directing people towards accomplishing a goal ** Administrative assistant, Administrative Assistant, traditionally known as a Secretary, or also known as an admini ...

References

{{reflist , refs= {{cite web , url=http://www.tigerresources.com.au/aurora/assets/user_content/File/Tiger%20Fact%20sheet%20Mar2011(1).pdf , title=Fact Sheet , publisher=Tiger Resources , accessdate=2011-11-06 {{Dead link, date=October 2023 , bot=InternetArchiveBot , fix-attempted=yes Mining companies of Australia