KINSHASA (Reuters) – Congolese prosecutors are investigating a 200-million-euro ($222 million) line of credit issued to state mining company Gecamines by a company owned by Israeli billionaire Dan Gertler, who is under U.S. sanctions, Gecamines said on Monday.Continue reading “Congo prosecutors probe Israeli billionaire’s loan to state mining company”
Close on the heels of its corporate nemesis Apple, Samsung has also moved to secure a cobalt supply in the Democratic Republic of Congo.
Samsung is in talks with Somika, a Congolese mining company to secure a supply of the metal used in everything from smartphones to electric vehicles. The talks are still in Continue reading “Like Apple, Samsung is going to source cobalt directly from DR Congo”
David Pilling in London
Dan Gertler, an Israeli billionaire invested in the Democratic Republic of Congo’s mining sector, has been added to a US Treasury’s list of individuals under sanction, potentially squeezing his ability to conduct further business. In an executive order signed by President Donald Trump, the Treasury included Mr Gertler in a list of 13 people it Continue reading “Israeli billionaire miner added to US sanctions list for Congo ties”
MUKONDO, CONGO – It all began with a love affair a year ago between a Bantu and his Pygmy mistress, a tryst that so unnerved the enemy peoples of Congo’s troubled Katanga province that war broke out. Continue reading “Pygmies, Bantus flee war over tryst in Democratic Republic of Congo”
Amnesty International says Belgian mining firm Groupe Forrest International was indirectly involved in the destrucion of homes near one of its mines, in the southeastern Democratic Republic of Congo, in 2009. Continue reading “Belgian mining firm implicated in destruction of Congo homes”