Sunday, 30 December 2007

La Chine apporte son aide à la RDC.

La République Démocratique du Congo et le groupement d'entreprises Chinoises composé de l'Export-Import Bank of China (EXIM BANK. of CHINA), la China Railway Engineering Corporation (CREC), Société SA, et la société SINOHYDRO corporation, ont signé un protocole d'accord pour des projets d'un montant total de 6565 millions de US$... Chemins de fer, routes, voirie, infrastructures sociales. Voir le protocole en lien titre.

Thursday, 15 November 2007

Democratic Republic of Congo, Growth with Governance In the Mining Sector of DRC

The WB has recently issued a document on Good governance and Growth in the mining industry of DRC. This document overwhelmingly echoes the action of RAID during the past 3 years. See the WB document here: English..... Français.

Monday, 21 May 2007

Camec plc - Raises Stake in Katanga Mining to 22%

Central African Mining and Exploration Company Plc, the AIM quoted fully integrated exploration, mining, trading and investment company, is pleased to announce that, further to its April 27, 2007 and May 4, 2007 news releases, it has completed the purchase of a total of 9,917,800 common shares (the 'Purchased Shares') of Canadian listed Katanga Mining Limited ('Katanga'). CAMEC now owns a total of 17,175,130 common shares of Katanga which, based on publicly available information, represent 22% of the currently outstanding common shares of Katanga.

Wednesday, 25 April 2007

Government of RDC is to reeaxmine current mining contracts

The cause is gaining momentum. The government of RDC is to reeaxmine current mining contracts.... follow title link. Kamoto project is in the list (N°2 on Gecamines' list).

Tuesday, 17 April 2007

Sunday, 25 February 2007

Further weight to the cause of increasing Gecamines share in KCC JV

I have run a simulation of sources and uses of funds of the project with a value of assets transferred by Gecamines to KCC of 450 MUS$ figure and built provision for sensitivity to this value. Read further.

Wednesday, 21 February 2007

How to evaluate risk factors...

Other major copper projects in the world

Links to Tengefungurume in DRC, licensed to Phelps Dodge, in the Philippines, Where not to invest (country risks) and a link to Bear mining consultants have been added in the sources frame (left)...

Revised IRR calculations

IRR calulations have been modified to account for a line of DRC benefits that had been omitted by mistake, and for Co average price of 15$/lb Co average price 1952-2004 in constant 2005 US$ value.

Historical cobalt prices

Wednesday, 14 February 2007

Mon projet pour l'Afrique, par Ségolène Royal

Ce projet pour l'Afrique de Ségolène Royal, rejoint en bien des points les préoccupations de RAID sur le projet Katanga Mining Company et le transfert de ressources minières de Gecamines.

Wednesday, 7 February 2007

Global Witness report July 2006

Une corruption profonde: Fraude, abus et exploitation dans les mines de cuivre et de cobalt du Katanga.

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