Follow CGSP on Social Media

Listen to the CGSP Podcast

DRC Prime Minister to Intervene in Cobalt Dispute

by Cobus van Staden
Aerial view of the Tenke Fungurume mine in the Democratic Republic of the Congo, one of the country's largest cobalt and copper mines that is now at the center of a bitter dispute among its owners.

Jean-Michel Sama Lukonde, the Prime Minister of the Democratic Republic of Congo, will host new negotiations between the state mining company Gecamines and the giant Chinese cobalt miner China Molybdenum (CMOC). 

The intervention is aimed at breaking the deadlock between the two, due to allegations that CMOC undercounted reserves and owes Gecamines mining royalties. In February, a court temporarily stripped control of Tenke Fungurume, one of the world’s largest cobalt mines, from CMOC, and appointed a special administrator to oversee operations. 

Lead the Conversation on China

Subscribe Today to Get Full Access to The China-Global South Project

Check Out Everything You'll Get With Your Subscription

The China-Global South Daily Brief delivered to your inbox at 6AM Washington time

Full access to exclusive news and analysis from editors based in the Global South

Transcripts of CGSP’s twice-weekly podcasts

Students and teachers with a valid .edu email address are eligible for a 50% discount off monthly or yearly subscriptions. Email us to receive a discount code.

You Might Like

China and the High Stakes Showdown in the DR Congo

Chinese mining bosses for years played the game as everyone else in the DR Congo. Money pretty much solved every problem. Need a permit? Pay some money. Get in trouble with the law? ...

China Moly’s CEO is Back in the DRC For a Visit That Raises More Questions Than Answers

Sun Ruiwen, the powerful CEO of mining giant China Molybdnenum (aka China Moly) was back in Kinshasa this week for a low-profile visit with DR Congo Prime Minister Sama Lukonde. China ...

It’s Been a Downright Terrible Week For Two of China’s Most Important Mining Ventures in Africa

Two of China’s largest and most important mining ventures in Africa, one in Guinea and the other in the Democratic Republic of the Congo, face the real possibility of being shut down after ...

What is The China-Global South Project?

Independent

The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.

Subscribe