Kinsevere
Location | |
---|---|
Province | Haut-Katanga Province |
Country | Democratic Republic of the Congo |
Coordinates | 11°21′48″S 27°33′50″E / 11.363461°S 27.564011°E |
Production | |
Products | Copper |
Production | 36,000 tonnes |
Financial year | 2011 |
Owner | |
Company | MMG Limited |
Website | www |
Year of acquisition | 2012 |
Kinsevere is an open pit mine and Heavy Media Separation plant with an electric arc furnace formerly operated by
Kinsevere is in the Kipushi Territory in Katanga province. There are three deposits: Central Pit, Mashi and Kinsevere Hill. These are mostly stratiform deposits in alternating dolomitic and terrigenous formations. The dolomitic rocks that underlay the formations are excellent aquifers.[2]
History
Anvil Mining
The deposit was originally owned fully by
For the year of 2011, Anvil expected to produce between 36,000 and 38,000 tonnes of copper as copper cathodes and copper in concentrates. Anvil was completing construction of a $400 million
Minmetal Resources
In September 2011, the Hong Kong-listed Minmetals Resources Ltd announced a $1.3 billion offer to by Anvil Mining, which was unanimously accepted by Anvil's board.
In March 2020, a court ordered some of the operations' assets to be frozen, due to a $258 million wrongful termination lawsuit from Mining Company Katanga, a mining services company associated with the former governor of Katanga Province, Moïse Katumbi.[15] A joint report released by the Congolese non-governmental organizations Humanisme et Droits Humains, JUSTICIA Asbl, and Ligue Congolaise de luttecontre la Corruption claimed that MMG was exerting pressure on the magistrates in order to sway the outcome of the court case in MMG's favor.[16] An article from the outlet Africa Intelligence claimed the non-governmental organizations responsible for the report were motivated by political support for Katumbi,[17] an allegation that the organizations strongly deny.[18]
In late 2020, MMG announced the mine would be transitioning from sulfide ore to oxide ore, halting mining October 1.
References
- ^ "Kinsevere Stage II Copper Project" (PDF). Ausenco. Archived from the original (PDF) on 2012-04-01. Retrieved 2011-11-03.
- ^ "Kinsevere Copper Mine". Knight Piésold. Retrieved 2011-11-03.
- ^ "Anvil moves Kinsevere along". International Mining. 2006-06-27. Retrieved 2022-07-31.
- ^ "Anvil Mining ups Kinsevere massively". International Mining. 2007-01-12. Retrieved 2022-07-31.
- ^ Smith, Brian (1970-01-01). "Moise Katumbi: Serving Himself Instead of the People of the Democratic Republic of Congo". The Washington Times. Retrieved 2022-07-31.
- ^ Les Films de la Passerelle. "Moïse Katumbi: Foot, business & politique" (PDF) (in French). p. 5. Archived from the original (PDF) on 2016-09-14. Retrieved 2016-08-30.
- ^ "Kinsevere". Anvil Mining. Retrieved 2011-11-03.
- ^ Michael Allen McCrae (2011-09-30). "Minmetal Resources offers $1.3 billion for Anvil Mining". MINING.COM. Retrieved 2022-07-31.
- ^ "China's Minmetals to acquire Anvil Mining for $1.3 billion". Proactiveinvestors NA. 2011-09-30. Retrieved 2022-07-31.
- ^ Esmarie Swanepoel (7 October 2011). "Anvil reports fatality at DRC Kinsevere project". Mining Weekly. Retrieved 2011-11-03.
- ^ "UPDATE 1-Minmetals extends Anvil offer to resolve Congo dispute". Reuters. 2011-11-23. Retrieved 2022-07-31.
- ^ "Deadline extended on Minmetals' offer to buy Anvil". thestar.com. 2012-01-09. Retrieved 2022-07-31.
- ^ Liezel Hill (2012-02-10). "Anvil Reaches Deal with Congo's Gecamines on Minmetals Takeover". Bloomberg. Retrieved 2022-07-31.
- ^ "Minmetals Resources Successfully Acquired Anvil". MMG web site. 17 February 2012. Archived from the original on 29 June 2013. Retrieved 2013-04-27.
- ^ "Mining Company Katanga sues China MMG's Kinsevere mine in Congo". Reuters. 2020-03-23. Retrieved 2022-07-30.
- ^ "DRC Investigation Reveal External Influence Being Exerted On Judges To Favour MMG Kinsevere In Dispute With MCK". Zambian Digest. 2020-06-19. Retrieved 2022-07-30.
- ^ "DRC : Moïse Katumbi gets NGO backing in his mining disputes - 16/07/2020". Africa Intelligence. 2020-07-16. Retrieved 2022-07-31.
- ^ Digest, Zambian (2020-07-30). "DRC NGOs Denounce African Intelligence; Demand Apology For False Reports Linking Them To Katumbi". Zambian Digest. Retrieved 2022-07-31.
- ^ "MMG's Congo mine pauses production to switch from sulphide to oxide ore". MINING.COM. 2020-10-02. Retrieved 2022-07-30.
- ^ Webb, Mariaan (2022-03-24). "MMG commits to $600m DRC cobalt expansion". Mining Weekly. Retrieved 2022-07-30.
- ^ Max Schwerdtfeger (2022-03-25). "MMG to extend Kinsevere copper mine". Mining Magazine. Retrieved 2022-07-30.