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Company description

Mining: Mining company with principal products of copper, cobalt and zinc. Additional minerals mined include uranium.

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News and information about GECAMINES

Documents Reveal DRC Exploitation
Daily News (South Africa); November 8, 2017; 565 words for Katanga Mining in 2008. The DRC government wanted the mining deal renegotiated, with state-owned mining company Gecamines demanding $585m in an "access premium" to allow the exploitation of copper and cobalt at the mine. So-called access...
Mobilizing the Past: Creuseurs, Precarity and the Colonizing Structure in the Congo Copperbelt
Africa; November 1, 2017; 700+ words
...with the near collapse of the state-run mining company, Gecamines, and the liberalization of the mining industry starting in...avec le quasi-effondrement de la societe miniere d'Etat Gecamines et la liberalisation de l'industrie miniere entamee en 2002...
$750M for Mining Disappears from DRC State Coffers
Cape Times (South Africa); July 25, 2017; 401 words
...never reached the national treasury. The DRC's mining revenue is reportedly paid to the state-owned mining company, Gecamines, the head of which is a close ally of Kabila - who has denied allegations of corruption and insisted the company is transparent...
Congo Lost $750M in Mining Revenues
The Saturday Star (South Africa); July 22, 2017; 403 words
...payments disappeared into the state-owned mining company Gecamines, as well as into national tax agencies, Global Witness said...research and production of Congo's mineral deposits, Gecamines is "haemorrhaging money in suspect transactions ... while...
Lundin Mining Announces Completion of Sale of Stake in TF Holdings for USD1.136bn
Nordic Business Report; April 20, 2017; 525 words
...agreement among La Generale des Carrieres et des Mines (Gecamines), Tenke, TF Holdings, Freeport-McMoRan Inc, CMOC, the company and BHR to resolve all claims brought by Gecamines against TF Holdings and several other parties (other than...
Gertler Receives Glencore Funds
The Mercury (South Africa); March 6, 2017; 475 words
...reported in November that government-owned Gecamines signed over its royalties from the Kamoto...payments were made on instruction from Gecamines to help repay a loan. Glencore's Katanga...Mining either said the payments went to Gecamines or didn't specify the recipients...
Big Royalties for Congo Land in Businessman's Pocket
Sunday Tribune (South Africa); March 5, 2017; 667 words
...available disclosures, the payments were made to Gecamines, the state company. EITI audits payments...Gertler's Fleurette Group, rather than Gecamines. But the miner said that was what Gecamines instructed it to do, charging that the payments...
Carter Center Urges Drc, Freeport, and Lundin to Publish Revised Tfm Contract and Disclose Payments to Drc State-Owned Miner Gecamines
States News Service; January 19, 2017; 700+ words, including compensation due to Gecamines in exchange for dropping its previous...billion. The state-owned mining company Gecamines, which retains a 20 percent stake in...lawsuit in Lubumbashi. In the past, Gecamines has opposed similar transactions, but...

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Industry information

NAICS codes 
North American Industry Classification System (NAICS) codes are used to classify businesses for the purpose of collecting statistical data related to the U.S. economy. NAICS codes have been assigned to international companies to help organize all companies by type of activity.  

Primary: 212234 - Copper Ore and Nickel Ore Mining

212231 - Lead Ore and Zinc Ore Mining


SIC codes 
Standard Industrial Classification (SIC) codes classify establishments by their primary type of activity. SIC codes are a U.S. Census Bureau system but can apply to international companies.  

Primary: 1021 - Copper Ores industry report

1031 - Lead and Zinc Ores industry report

1061 - Ferroalloy Ores, Except Vanadium industry report