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.
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...
Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Nigeria, Nestlé sign MoU for dairy training center in Abuja Center to train farmers in breeding, ...
Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...
Growth driven by private investment and stronger external inflows Primary surplus and tax revenues show marked improvement IMF lowers 2026...
Uganda appoints Citibank to arrange $3.19 billion railway financing Project links Kampala to Kenya border, boosting regional trade...
BOAD exits BOA Bénin and Niger, sells stakes to Sonimex BOA Bénin posts growth; BOA Niger sees sharp profit decline Divestment reflects...
Cellcom Guinea workers protest layoffs, unpaid salaries, unmet commitments Union demands audit, warns of possible administration or...
Fally Ipupa plans a two-part album project combining urban sounds and traditional rumba. The first album “XX” releases on April 17, while “XX Delirium”...
MASA 2026 gathers artists and industry professionals from over 28 countries in Abidjan. The event features 99 performances across market and...