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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 ...
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 the Mutanda Mine.
Many problems stem that employment, which is dependent on artisanal mining, including disruption of families, mining-related illnesses, environmental damage, child labor, prostitution and rape. [ 21 ] [ 22 ] While artisanal mining is not as detrimental to the environment as large-scale operations, the practice of artisanal mining, especially in ...
SYDNEY -- Fallout from the deflating mining boom continues to claim more victims, with resources exports likely to be significantly lower and another downgrade likely on the way. Resources exports ...
In northern Peru, the World Bank's business-lending arm is part owner of the Yanacocha gold mine, accused by impoverished farming communities of despoiling their land in pursuit of the precious ore. The bank and IFC have stepped up investments in projects deemed to have a high risk of serious and environment damage, including oil pipelines, mines and even coal-fired power plants, an ...
The mine is also one of the world's largest Cobalt producers. [2] [3] It is named after three of the five orebodies which make up the mine: Kamoto-East, Oliveira, and Virgule (the other two being Variante and FNSR). [4] The mine is run by Kamoto Copper Company, a joint venture between Glencore (75%) and Gécamines (25%). [5]
In Kosovo, a state-owned energy company plans to destroy a village to make way for expanded coal mining as the government and the World Bank plan for a proposed coal-burning power plant. The government has already forced roughly 1,000 residents from their homes. Many former residents claim officials violated World Bank policy requiring borrowers to restore their living conditions at equal or ...
State and federal authorities are investigating the mysterious loss of a significant swath of a rare desert wildflower that’s being considered for federal protection at a contentious mine site ...