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Vol 6 (AAC) No 7

Published 1st May 2013


Congo-Kinshasa

Kasai mines go to Anhui

The Chinese company that works with the Zimbabwean government in the controversial Marange fields has signed a major deal with Kinshasa

Thanks to a contract signed in Kinshasa on 18 March by Anhui Foreign Economic Construction Corporation’s Vice-President Bai Ziangqian, State Assets Minister Louise Munga Mesozi and Mines Minister Martin Kabwelulu Labilo, Anhui now has access to diamond reserves estimated to contain 158.8 million carats in Eastern Kasai Province. State-owned copper mining company Gécamines is lobbying for Chinese finance, the principal diamond parastatal Société Minière de Bakwanga (MIBA) is struggling and Sicomines, the Sino-Congolese copper and cobalt venture, is looking for money. The Anhui deal, therefore, marks another major advance for Chinese mining interests in Congo-Kinshasa.

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