Foreign Involvement
In 2011, at least twenty-five international mining companies were active in the D.R. Congo according to Datamonitor 360. Canadian-domiciled mining companies had the highest presence, with nine in total: African Metals Corporation, Banro Resources Corporation, BRC DiamondCore, El Niño Ventures Inc., First Quantum Minerals, ICS Copper Systems Ltd., Lundin Mining Corp., as well as Anvil Mining Ltd., misidentified as Australian, and Katanga Mining Ltd, misidentified as British. By comparison, six firms were incorporated in Australia (Austral Africa Resources Ltd., BHP Billiton Group, Green Machine Development Corporation, Lindian Resources Ltd., Mawson West Ltd., Tiger Resources Ltd.), three in South Africa (African Rainbow Minerals, AngloGold Ashanti, Chrometco Ltd.), two in the United Kingdom (Mwana Africa PLC, Randgold Resources Ltd.), two from the United States (Century Aluminum Co., Freeport-McMoRan Copper & Gold Inc.), and one each from China (CIC Mining Resources Ltd., with Japanese Eco Energy Group's African subsidiary, Eco Project Company Ltd.), Morocco (Managem SA), and Switzerland (Xstrata plc).
In 2008 and 2009, the Congolese operations of larger international companies, AngloGold Ashanti, BHP Billiton, and Xstrata were all in the exploration and development phase, while Canada had four companies, Anvil Mining, First Quantum Minerals, Katanga Mining, and Lundin Mining involved in large-scale commercial extraction for several years or more.
In August 2012 the Chinese firm Changfa Mineral Resources acquired the Mokambo Copper mine project on the Mufulira and Democratic Republic of Congo border and it is expected to create around 3,000 new jobs when it begins full-scale operations this year.
Read more about this topic: Mining Industry Of The Democratic Republic Of The Congo
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