Mining

DR Congo: Gécamines and China Nonferrous get together on mining projects

Friday, 17 July 2015 09:08

Générale des Carrières et des Mines (Gécamines SA) signed, on 21 June, a framework-agreement of strategic cooperation with China Nonferrous Metal Mining Co. Ltd (CNMC), a Chinese company headquartered in Beijing.

The signing of this agreement comes as part of the development of mining projects of the DR Congo national company and would help define the principles of the future cooperation between the stakeholders of five major mining projects.

The projects in question are listed in the three groups of Gécamines SA which are Lubumbashi (SOUTH Group), Likasi (CENTRE Group) and Kolwezi (WEST Group) which focus on exploration, prospection and mining research.

Gécamines and the Chinese group have taken the commitment to “jointly manage the different projects to their successful completion, while respecting mutual interests”. The China Nonferrous Metals Company Ltd group, previously Sungreen International Holdings Ltd, is listed on the Hong Kong Stock Exchange. Its activities are centered on non ferrous metals including lead and zinc.

On the same topic
• Algeria and Occidental Petroleum signed study agreements on El Ouabed and Dahar.• The studies will assess hydrocarbon potential before any direct...
• Lotus Resources invested $50 million to restart mining at Kayelekera, which was halted in 2014 due to low uranium prices.• The mine officially...
• Empower commissions 1.1 MWp solar plant for L'Oréal Egypt• Project avoids 800+ tons CO2, supports L'Oréal’s 2030 goals• Equity financing enabled rapid...
De Beers discovers new kimberlite field in Angola First major find in over 30 years for company Further drilling, analysis planned to assess...
Most Read
01

Nearly 400,000 mango seedlings distributed to farmers nationwide from June to August 2025. Pr...

Burkina Faso Launches Plan to Renew and Expand Mango Plantations
02

MTN and SANTACO signed a reseller deal on 13 Aug 2025. Gauteng taxis gain MTN data, ICT, fintech ...

MTN, SANTACO Partner to Digitize South Africa’s Minibus Taxi Industry
03

Growth is projected at 27% annually, with agriculture, finance, and health sectors leading adoption—...

Africa’s AI Market Poised to Reach $16.5 Billion by 2030, Mastercard Reports
04

• GDP growth will ease to 3.5% in 2025 from 3.7% in 2024 and below the 3.8% forecast.• Drought-hit l...

Namibia Growth to Slow in 2025 Before Rebounding in 2026, Central Bank Says
05

Starlink lost 2,000 Kenyan users in Q1 2025, dropping to 17,066, as local ISPs grew 8%. High...

Starlink's Kenyan Setback: 2,000 Users Lost in Q1 2025 Amid Rising Local Competition
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.