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| See also: | Other events of 2008 History of the DRC | ||||
The following lists events that happened during 2008 in the Democratic Republic of the Congo .
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| Decades: | |||||
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| See also: | Other events of 2008 History of the DRC | ||||
The following lists events that happened during 2008 in the Democratic Republic of the Congo .
Katanga Mining acquires Nikanor plc for $452 million. [1]
Cobalt production operations resume at Katanga Mining's Luilu Metallurgical Plant after an extensive restoration program. [4]
Katanga Mining announced temporary suspension of mining and ore processing at the Kolwezi concentrator due to the depressed price of cobalt. [5]
First Quantum Minerals is a Canadian-based mining and metals company whose principal activities include mineral exploration, development and mining. Its main product is copper, which accounts for 80% of revenues as of 2016.
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.
Eurasian Natural Resources Corporation PLC (ENRC) was a public, Kazakhstan/Central African-focused, multinational leading diversified natural resources company headquartered in London, United Kingdom. It had activities in integrated mining, processing, energy, logistics and marketing.
Muller Conrad "Billy" Rautenbach is a Zimbabwean businessman, whose ventures have included companies involved in transport, cobalt and platinum mining, and biofuel production, primarily in Africa. The 2022 Data Leaks at Credit Suisse appeared to confirm allegations – for which he had faced American and European sanctions in earlier years that Rautenbach used the proceeds from a mining deal to support the ZANU-PF regime of dictator Robert Mugabe, during the latter's repressive 2008 election campaign in Zimbabwe. From 1999 to 2009, Rautenbach was a fugitive from fraud and corruption charges in South Africa.
Katanga Mining Ltd was a mining company operating in the Democratic Republic of the Congo with its headquarters in Canada. Katanga Mining operated a major mine complex in the Congo's Katanga Province, producing refined copper and cobalt. It claimed to have the "potential of becoming Africa's largest copper producer and the world's largest cobalt producer."
Copper mining in the Democratic Republic of the Congo mainly takes place in the Copper Belt of the southern Katanga Province of the Democratic Republic of the Congo.
The Musonoi mine is a set of open-cut pits near Kolwezi from which copper and other metals have been extracted since the 1940s. The mining complex is located in the Lualaba Province of the Democratic Republic of the Congo. Kolwezi is about 320 kilometres (200 mi) northwest from Lubumbashi, the provincial capital.
The Kolwezi tailings project also known as the Roan Tailings Reclamation (RTR) is a project in the Kolwezi mining area of the Democratic Republic of the Congo (DRC) to recover copper from the tailings, or processed ore, from mining in the region since the 1950s. The project was developed by the Canadian mining companies Adastra Minerals and then First Quantum Minerals between 2004 and 2009, when the DRC government revoked First Quantum's license. The project is currently majority owned by the Eurasian Resources Group.
Tilwezembe is an open-pit copper and cobalt mine in Lualaba Province of the Democratic Republic of the Congo owned by Katanga Mining, a subsidiary of Glencore. Officially, Glencore has shuttered the mine, but the site is still being used by artisinal miners.
Mutoshi Mine is a copper mine in Katanga Province, Democratic Republic of the Congo. As of 2011 it was 70% owned by Anvil Mining and 30% by the state-owned Gécamines. The mine was placed on care and maintenance in late 2008.
The Etoile Mine is an open-pit copper mine on the outskirts of Lubumbashi in Katanga Province of the Democratic Republic of the Congo (DRC). Chemaf owns the license. Chemaf is 95% owned by Shalina Resources and 5% by the DRC government.
Mashamba East is an open pit copper mine near to Kolwezi in Katanga Province, Democratic Republic of the Congo. As of 2014, the mine was not currently not being actively worked.
The Kamoto Mine is an underground copper and cobalt mine to the west of Musonoi in the former Katanga Province, Democratic Republic of the Congo. As of 2022, the site is the largest active cobalt mine in the world. The mine includes the Luilu metallurgical plant, which accepts ore from KOV mine and Mashamba East mine. The plant has polluted the Luilu River, and tailings also pollute the region with wind-blown dust. The Kolwezi Tailings Project is an attempt to recover additional metal from these tailings.
The Dikuluwe Mine is a copper and cobalt mine near to Kolwezi in Lualaba Province of the Democratic Republic of the Congo. Dikuluwe is the westernmost of the Dima Pit group, with Mashamba West and Mashamba East. The quarry was opened in 1975 and was planned to be connected to the nearby Mashamba West pit. The combined Dikuluwe and Mashamba West deposits are now run by La Sino-Congolaise des Mines SA (Sicomines), a joint venture majority owned by a Chinese consortium, with Gécamines holding a minority stake.
Tremalt Limited was a mining company incorporated in the British Virgin Islands which owned assets in the Democratic Republic of the Congo (DRC). It was the vehicle for a highly criticized deal in 2001 in which it bought copper assets at far below their estimated value in return for a private agreement to pay a share of profits to the DRC and Zimbabwe governments. Allegedly some of the payments were made in the form of military equipment. The company made few investments in its assets, several of which the DRC government took back. In 2006 it was sold for about $60m.
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.
Dan Gertler is an Israeli billionaire businessman in natural resources and the founder and president of the DGI 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. As of 2022 his fortune was estimated at $1.2 billion by Forbes.
Nikanor plc was a publicly quoted holding company for Global Enterprises Corporate (GEC) with assets in the rich Copperbelt region in Katanga Province, Democratic Republic of the Congo (DRC).
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.
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.
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