Katanga Mining, subsidiary of Swiss Giant Glencore, said on Tuesday March 8, 2016, that as a result of a geotechnical failure at its KOV open-pit project in Democratic Republic of Congo, two miners died and 5 others were reported missing. The company also revealed that the failure caused an unknown amount of damage to the dewatering infrastructure in the pit.
The firm mobilized its research and rescue team to find the missing workers and assess damages and valorization of the infrastructure.
The accident occurred while miners were working on dewatering the pit. In 2007, dewatering was initiated after the mine then inactive was flooded, by 10 to 12 cubic meter of water.
In September last year, the Company decided to stop processing copper and cobalt in DRC, for 18 months, and continue investing up to $880 million into on-going processing plants upgrades and stripping of KOV and Mashamba open pits by establishing a new leach plant.
The KOV mine is the world’s biggest source of high-quality copper. It contains four ore bodies namely, Kamoto East, Oliveira, Virgule and FNSR, accessible via the Kamoto East and KOV pits. With it, Katanga Mine produced in 2015, 225,000 tons of copper and cobalt for a turnover of $670 million.
Louis-Nino Kansoun
ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...
Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) a...
Kenya raised $2.25B via dual-tranche Eurobonds to buy back 2028/2032 debt, luring investors w...
Dangote to list $20-25 billion refinery within five months NNPC holds 7.25% stake; dividends...
Siguiri mine produced 289,000 ounces in 2025, up 6% Fourth-quarter output rose 15%, boosting annu...
Cameroon wins gold at 2026 Cacao of Excellence Awards Top sample selected from 191 entries worldwide Award boosts position in premium “fine flavour”...
In 2025, the development of the Kamoa-Kakula copper complex, the largest in the Democratic Republic of the Congo (DRC), was marked by two major events: a...
DR Congo bans South African livestock imports over FMD Measure suspends permits for animals and animal products South Africa ramps up vaccination,...
In Mali, as in many other African countries, sustainable soil management has become a critical issue. Climate change, rapid urbanization, and rising food...
More than 500 media leaders gathered in Nairobi on Feb. 25–26 for the fourth African Media Festival under the theme “Resilient Stories: Reinventing...
Located about 500 kilometers southwest of Cairo, between the oases of Bahariya and Farafra, the White Desert stands out as one of Egypt’s most distinctive...