Chetan Chug, Managing Director, SOMIKA
MACIG
by admin
3y ago
Diversification and a long-term perspective critical SOMIKA’s success. Could you provide brief update on the major milestones that SOMIKA has achieved in the past few years? Since 2016, SOMIKA has managed to acquire mining rights closer to Lubumbashi. Additionally, we have begun mining with a process plant that brings the ore from two percent to ten percent grade. Now that SOMIKA has a fully installed capacity for 20 thousand tons of copper cathodes and two thousand tons of cobalt hydroxide production, our production will reach full capacity in 2018. We have several expansions we are looking ..read more
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The Business Environment
MACIG
by admin
3y ago
A controversial mining code and newly delineated borders to the country’s provinces create cause for concern while updates from the banking sector offer some conciliation. By Lindsay Davis Just months after announcing its entry into the DRC, TSX-listed First Cobalt withdrew its exploration activities from the country, announcing that instead it would focus on its cobalt prospects in Canada. Citing a deteriorated investment climate, the company’s CEO, Trent Mell, elaborated on the company’s reason for the quick departure in a statement to Quartz: “With the signals we’re getting, why would we i ..read more
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Amaury Luyckx, Business Development Manager, and George Ioannou, Business Development Manager for Afric, Polytra
MACIG
by admin
3y ago
Polytra discusses the challenges of logistics and power for the mining industry in the DRC. Polytra has been operating major projects in Africa since 1974, making it one of the longest standing freight forwarding companies in the DRC. What milestones have been achieved by the organization most recently? GI: We have completed several major energy projects to bring the necessary capacity to the mining industry, and we continue to move new energy projects and equipment for the mining sector. We have also been operating in more remote areas such as the Manono project where we have been moving a l ..read more
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Manya Riche, CEO Sodeico, Djo Moupondo, CEO Sodeico Development , Christian Bombile, Director of Southern Region, Sodeico
MACIG
by admin
3y ago
Seodeico speaks to GBR about the labour situation in the DRC mining sector and how to benefit from and foster local skills. Sodeico was established in 1987 and offers recruitment, outsourcing, payroll, consultancy, training, and HR solutions. How important is the mining industry as a client to the company andhow do you aid in the recruitment process? MR: The importance of mining to our company is like every other company in the country given that the industry is the main contributor to the GDP of the country. Our advantage is that we are local and can assist with the difficulties related to t ..read more
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Deon Heyns, CEO, Congo Equipment
MACIG
by admin
3y ago
Congo Equipment is the Caterpillar dealer for DRC and speaks to GBR about operating in that country. Congo Equipment began as a JV between Barloworld Equipment and Tractafric, and serves as the exclusive Caterpillar dealership in the Katanga region. Can you highlight the company’s role in the mining sector and strategy for growth? We provide machines, services, parts and after-sales support to most of the major players in the DRC mining industry. A significant part of our business is Customer Service Agreements (CSAs) whereby we have a presence on-site with the large customers to carry out ma ..read more
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Stephanie Jacobs, Co-owner/Founder and Managing Director, TIAfrica
MACIG
by admin
3y ago
TIAfrica is a legal firm that specializes in guiding investors through DRC’s complicated web of regulations. What was the opportunity you saw in DRC that gave way to the creation of TIAfrica? DRC is one of the wealthiest countries in the world in terms of mineral resources, which naturally creates incredible opportunities, not only for the multinational corporates who service the mining contracts, but more importantly, the smaller support service providers, both local and foreign, who are the backbone of developing nations. TIAfrica was born from a strong mining background, and understands in ..read more
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Francis Kasongo, Managing Director, AEL Mining
MACIG
by admin
3y ago
AEL Mining is prepared to meet growing demand in the DRC. In 2013 AEL mining built its first manufacturing plant here in DRC, and also recently opened an office in Kinshasa. What new milestones has AEL achieved since then, and what is your strategy going forward? The aim of AEL is to implement an industry instead of simply being a trader. Today we have one of the largest operational plants in central Africa based in Kolwezi; this is so we are able to handle any new demand that comes into the country. We have an excess of 40% spare  capacity. Depending on the logistics, we believe this pl ..read more
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Michael Demey, Regional Manager, BCDC
MACIG
by admin
3y ago
BCDC is the oldest bank operating in DRC and speaks to GBR about its activities with the mining sector. BCDC was founded in 1909, and as such is the oldest bank in the DRC. How has the institution evolved and what role does it play in the mining sector? With more than 100 years of experience in Congo, BCDC is a long-lasting and a robust institution that inspires respect in the DRC and beyond. Despite regulatory constraints and economic situations, we have strong fundamentals and the profitability of the last years prove it by. Through our expertise, BCDC is the partner of all major players in ..read more
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Miles Naude, General Manager, MMG
MACIG
by admin
3y ago
GBR meets with MMG to discuss its operations in DRC and what needs to be done to improve the business environment. Looking at the current situation in the DRC, what does MMG believe needs to happen for the country to recognize its full mineral potential? We need more robust conversations on how to improve the business environment to get investors excited, specifically by discussing how to support the large industries by bringing in smaller industries. There are not many small industries currently active in the DRC; most of them are sitting across the border where there is a more conducive bus ..read more
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Operating in Tanganyika Province
MACIG
by admin
3y ago
Manono is finding a new life as a mining town after years of neglect. By Graeme Johnston, Project Manager, AVZ Minerals – Manono When touching down on Manono’s dusty airstrip, a leisurely 90 minute flight north of the DRC’s second largest city Lubumbashi (a hove of frenetic copper and cobalt exploration activity at the moment) you might be forgiven for thinking that you had arrived in the land that time forgot. Driving out of the airport, past the UN camp and into the main part of Manono can be unnerving to those like myself who have not spent much time in the centre of Africa.  However ..read more
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