Mining assets, in this context, reflect noncurrent assets, including mineral properties, deferred mineral exploration expenses, royalties, investments in nonCanadian mining companies, and other noncurrent assets related to mining that can be reconciled to a geographic location.
Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) is a Canadian mining company focused on advancing its three principal projects in Southern Africa: the development of new mines at the KamoaKakula copper discovery in the Democratic Republic of Congo (DRC) and the Platreef platinumpalladiumnickelcoppergold discovery in South Africa; and the extensive redevelopment and upgrading of the historic Kipushi .
Adolf Lundin, who founded the company, audaciously traveled to the French home of Congo dictator Mobutu Sese Seko in 1996 to secure mining rights for his company. A few years later, Lundin admitted he had offered a "donation" to Mobutu's "elections campaign," but later said he never gave the funds.
At the same time, its Canadianregistered subsidiary Katanga Mining Limited ran at a net profit of over 400 million. This resulted in a loss of revenue to the Congolese state of more than 150 million.
MineAfrica Directory of Toronto Stock Exchange TSX Venture Exchange Listed Mining Companies in Africa Africa.
Comprehensive information on Tin stocks, mining companies and prices. The latest Tin investment information and news.
Aztec Minerals is a mineral exploration company focused on the discovery of large porphyry goldcopper deposits in the Americas. Our first project and core asset is the prospective Cervantes goldcopper property in Sonora, Mexico.
Though all 10 companies were accused of violating the guidelines of the Organization for Economic Cooperation and Development, and some were accused of bribing officials in order to have access to land, the Canadian government has failed to investigate the companies' role in the Congo war, according to Mining Watch Canada.
Russian companies dominated the industrial metals and mining sector, and in terms of market value took the top spot, and two further Russian companies were in the top nine.
Nov 25, 2013· South Africa's Delrand Resources, which mines diamonds in the Democratic Republic of Congo, and Rockwell Diamonds, which mines in South Africa, both listed on the TSX in 2008. A number of measures, including favourable tax regimes and investment agreements, make Canada an advantageous base for a mining company.
May 08, 2018· canadian tin ore mining companies offers 4252 alluvial gold mining equipment products. About 89% of these are mineral separator, 4% are other mining machines, and 1% are crusher. Tags: Gold Mining Equipment Manufacturers Gold Digging Equipment.
The past year has been challenging for the Canadian mining corporation Banro. The company holds four gold mining concessions in the eastern Democratic Republic of Congo (DRC). The Namoya ...
With their approval, the wealth of the Congo poured out of the country via foreign mining companies. What stayed behind went to line the pockets of 'the big man' Mobutu – whom George Bush Sr once described as 'one of our most valued friends' – and his cronies.
On 4th August 2017, the African Commission on Human and People's Rights held the Congolese Government accountable for the human rights violations, and criticised Anvil Mining, an AustralianCanadian mining company, which was accused of having provided logistical support.
In addition, materials, equipment, supplies, machinery, and light vans imported into Congo by mining companies are declared under the temporary importation procedure, free of duty and taxes on ...
"Democratic Republic of Congo to revisit changes made to mining regulations,", 26 July 2017; "Canadian mining companies turn bullish on Congo, despite its violence," The Globe and Mail, 19 March 2017. 5.
The Democratic Republic of Congo is heading for a standoff with some of the world's largest mining companies after legislators passed a revised mining law that is set to increase taxes on ...
If it didn't, Congo had the option of an alternative route devised by a Canadian mining lawyer who was installed by the World Bank in 2005 to rehabilitate the country's nowbankrupt mining ...
American, Canadian and South African mining companies are negotiating deals with the rebels controlling eastern Zaire. These companies hope to take advantage of the turmoil and win a piece of what is widely considered Africa's richest geological prize — and one of the richest in the world."