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— President Joe Biden's administration will reverse a temporary sanctions reprieve on billionaire Israeli mining tycoon Dan Gertler over allegedly corrupt mining …
— President Joe Biden's administration will reverse a temporary sanctions reprieve on billionaire Israeli mining tycoon Dan Gertler over allegedly corrupt mining …
— Now that a DRC court has affirmed the Belgian mining engineer's rights over three exploration permits contested by a Dan Gertler-linked company, he has teamed up …
— DRC Luc Gérard Nyafé's takeover of Banro runs into headwinds. Namoya Mine personnel have accused the DRC entrepreneur of not keeping his promises on jobs and the resumption of operations at the gold mine. Meanwhile, former deputy mines minister Victor Kasongo is laying claim to ownership of the site.
— Dan Gertler formed a close relationship with DR Congo's ex-leader, even getting a diplomatic passport. ... Dan Gertler, pictured at a mine in the Democratic Republic of Congo in 2012, was ...
— Introduction. On 9 March 2018, President Joseph Kabila signed into law significant changes to the Democratic Republic of Congo's ("DRC") mining code (the "Revised Code"). 1 The Revised Code, which …
— New financial investigation reveals the colossal losses to the DRC state. Pour une version en français, cliquez ici A new financial investigation released today by anti-corruption coalition, Congo is Not for Sale, reveals that the Democratic Republic of Congo is facing losses of at least $3.71 billion USD from suspect mining and oil deals …
— News Story Map of ASM Sites in the DRC October 6, 2020 Explore IPIS' eastern Democratic Republic of the Congo (DRC) webmap with a guided narrative. In its new story map, IPIS presents data gathered on eastern DRC's artisanal mining sector and Training and workshop on mapping artisanal mining in Eastern DRC February 9, 2018 […]
PUBLISHED: Tue, 03 Mar 2020 15:00:26 GMT. CNBC Africa. Copper production in the Democratic Republic of Congo (DRC) increased by 17 per cent year-on-year to 1.433 …
— As the US reimposes sanctions on Dan Gertler for corruption in DRC's mining sector, and the mining magnate unveils his latest "deal" for the country, can DRC turn a corner on its corrupt mining practices? ... Meanwhile, hopes are rising that Congo's mining sector, marred by allegations of decades of corruption is turning the corner. In recent ...
— After peaking at 8.9% in 2022, real GDP growth in the DRC remained robust at 7.8% in 2023, supported by a strong mining sector, which grew by 15.4% contributing around 70% to overall growth in 2023. Agriculture production slowed to 2.2% growth in 2023 (from 2.4 % in 2022).
Alphamin Bisie Mining SA (ABM) is the DRC operating company and tin concentrate producer that mines and processes tin ore from its high-grade deposit issued under DRC's Mining Code as Production Permit No. 13155, in Walikale Territory, North Kivu, Democratic Republic of Congo (DRC). ABM SA's shareholders include the holding
— The Democratic Republic of Congo (DRC) is rich in natural resources – its untapped deposits of minerals are estimated to be worth US$24 trillion.Gold, diamonds, cobalt and zinc are among them.
— Israeli diamond dealer Dan Gertler at Katanga Mining in the Democratic Republic of Congo. ... U.S. authorities claim to have evidence that shows bribes paid to high-level DRC officials in exchange for mining rights and government benefits, according to the judgment. The bribes involved cash and in-kind bribes such as luxury items and ...
— DRC Mining Week is organised by Spintelligent, a leading Cape Town-based and multi-award winning organiser of exhibitions and conferences across the continent in the infrastructure, energy, mining and agriculture sectors. Other well-known events by Spintelligent include African Utility Week, Agritech Expo Zambia, Nigeria Mining Week, …
— A record number of ladies tuned in for the DRC-focused Women in Mining live webinar session during Digital DRC Mining Week that took place from 17-19 June.. WIM_DRC was first established in Lubumbashi at last year's conference and exhibition and aims to end all forms of discrimination against women in the Democratic Republic of …
— The WFP says about the DRC "A total 23.4 million people are projected to be acutely food insecure between January and June 2024, and an estimated 2.8 million …
— In 2022, the DRC was the world's largest cobalt miner with a production of 130,000 tons, or nearly 68 percent of the world's cobalt. The DRC was the fourth largest …
Exclusive interview with Kaleba Ngoie-Kasongo, Executive Director of Hear Congo, USA.During the corporate social responsibility track at Katanga Mining Week in Lubumbashi in October, she will address delegates on "Investing in creative collaboration: win/win for communities and mining industries".She also chairs the session on skills and training.
— The DRC's Regulatory Authority for Subcontracting in the Private Sector is a vital link between mining investors and local Congolese companies.
The Mining and Metals sector in the Democratic Republic of Congo (DRC) is one of the pillars of the economy, contributing 40% to the country's budget due to its wealth of …
— A Western mine official told me he had visited a mine in Congo, owned by a small Chinese company, that had many Chinese laborers. It reminded him of an internment camp: "The Chinese were ...
2 July 2020, London & Paris – Controversial billionaire Dan Gertler appears to have used a money laundering network stretching from Democratic Republic of Congo (DRC) to Europe and Israel to evade US sanctions against him, funnel millions of dollars abroad, and acquire new mining assets in DRC, Global Witness and PPLAAF reveal today in a joint …
The two-year project is set to obtain up-to-date and accurate information related to conflict financing, due diligence, and socio-economic dynamics along artisanal mining supply …
— Israeli businessman Dan Gertler is still in the sights of the American authorities in connection with his activities in the DRC, during the presidency of his friend, Joseph Kabila.Apart from the sanctions imposed on him and some 20 companies by the US Treasury, the billionaire is also, according to Africa Intelligence, being investigated by …
— The objection came as the Biden administration moves to allow Dan Gertler, an Israeli billionaire, to sell his financial stake in three mines in Congo as part of an effort to remove him from the ...
In December 2017, controversial mining magnate Dan Gertler had a problem. The United States had just sanctioned him for making his fortune through "corrupt mining deals" in the Democratic Republic of Congo (DRC), with the intention of ending Gertler's lucrative career brokering deals between the Congolese state and some of the world's largest …
Background of Dan Gertler and US Sanctions. Dan Gertler, an Israeli citizen with deep roots in the diamond industry, has been a prominent figure in Congo's mining sector since the late 1990s.
IPIS has produced an interactive web map of all mining concessions in the Democratic Republic of the Congo. The current map follows a concession map we published in August 2009 (as an addition to our Interactive Map of Militarised Mining Areas in the Kivus – MiMiKi), which shows concession areas in the Kivu provinces.
— Correspondence from 2002 between Joseph Kabila, then president of Democratic Republic of Congo, and President George W. Bush about Dan Gertler, an Israeli mining executive. Read Document 8 pages
— Following rapid development in recent years, the momentum of mining growth in the Democratic Republic of Congo (DRC) is making it all the more urgent for long term …