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The Kamoto Mine (French: La mine de Kamoto) is an underground copper and cobalt mine to the west of Musonoi in the former Katanga Province, Democratic Republic of the Congo. [2] As of 2022, the site is the largest active cobalt mine in the world. [3] The mine includes the Luilu metallurgical plant, which accepts ore from KOV mine and Mashamba ...
The Swiss company Glencore owns a number of large copper mines, particularly after acquiring Katanga Mining as a wholly owned subsidiary. Currently, Glencore owns majority stakes in Kamoto Copper Company SARL (KCC) and DRC Copper and Cobalt Project SARL (DCC), which run several copper/cobalt mines, as well as a Mutanda Mining SARL , which runs ...
Bread for all and Catholic Lenten Fund, an NGO that has written several reports documenting environmental justice impacts of mining in the province, concluded that frequent chemical spills near Mutanda mine and the Kamoto Copper Company facilities have negatively impacted community members' right to food.
In a report published earlier this week, Layton and Citi said they expect copper prices to touch $12,000 a metric ton by December 2026, a forecast echoed in a similar report from Bank of America.
[53] [54] [55] At the time of the Berlin conference that precipitated the Scramble for Africa, the copper mining region of the DRC was controlled by Indigenous peoples, mainly the Yeke Kingdom headed by Msiri. The kingdom had an already well-established trade network in resources, with copper from the Katanga region making up an important part ...
Native American opposition to Rio Tinto and BHP's Resolution Copper mine could prove crucial for the 2024 U.S. presidential vote in the battleground state of Arizona, underscoring the high tension ...
In November 2018, export stopped due to oversupply and uranium contamination at the Kamoto Project; the company planned to fix this with a US$25 million ion-exchange refining plant. [ 95 ] In a June 2018 "debt-for-equity swap", [ 96 ] Glencore's Katanga Mining Ltd. agreed to a recapitalization plan involving a US$5.6 billion debt write-off and ...
Toggle North America subsection. 4.1 Canada. 4.2 United States. ... This list of copper mines includes operating, ... Kamoto Mine; Kamoya Central; Kamoya South;