Chinese Mining Companies Move Forward With Two Huge Deals Worth More Than a Billion Dollars in Ghana, DRC

The Kamoa-Kakula Copper Mine in the Democratic Republic of Congo (DRC) is on track for first production in June 2021. Image via Ivanhoe Mines.

The economic turmoil brought on by the ongoing pandemic has done nothing to stem the appetite of Chinese mining companies looking to expand their presence in Africa. This week alone, Chinese mining giants Zijin and Chifeng Jilong both received approval this week to proceed with deals that total more than $1.2 billion combined:

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by Eric Olander

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