Mining

DR Congo: Gécamines and China Nonferrous get together on mining projects

Friday, 17 July 2015 09:08

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.

On the same topic
Morocco and Côte d’Ivoire launched the Green Energy Park Maroc–Côte d’Ivoire (GEP-MCI) in Yamoussoukro. The platform focuses on applied research,...
Gabon signed a commerciality declaration with Assala Gabon for the Grand N’Gongui field on February 13, 2026. The project targets output of about...
Galiano Gold plans to produce 140,000–160,000 ounces at Asanko in 2026, up about 25% from 2025. The company expects 80,000–90,000 ounces in the...
Africa attracted only 10% of global mining exploration spending in 2024 despite representing 22% of the world’s landmass. Botswana explored only...
Most Read
01

Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...

Absa Kenya Imports a Telecom Playbook in Bid to Reinvent Retail Banking
02

Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...

Safaricom launches M-Pesa platform for stock trading in Kenya
03

MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...

DRC Accuses MTN of Illegal Operations, Spotlighting Border Frequency Issues
04

Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...

Togo Microfinance: Deposits and Loans Rise Simultaneously in Q3 2025
05

Global South Utilities (GSU) has begun building a 5 MWp hybrid solar plant with 5 MWh battery st...

Chad: GSU Starts Construction of 5 MWp Hybrid Solar Plant in Amdjarass
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.