Chinese companies have invested heavily in Congo's gold, copper and cobalt mines.

Recently, more than 30 active in Dr. Congo's Chinese enterprises with the support of the two governments set up a business association, which will help to further consolidate the advantages of China's copper and cobalt production in the central African countries.

On June 16, President of the group southeast of Lubumbashi in Congo (Lubumbashi) said at the inauguration ceremony, is made up of 35 members mining company, the trade union will promote "Chinese mining companies and communication and exchanges between the Chinese government".

The group is in the Chinese embassy and the suggestion of Dr Congo's mining minister, French acronym USMCC.Members include China molybdenum industry co., LTD., holding TenkeFungurume mining and MMGLtd., as well as the China nonferrous metals mining group and huayou cobalt industry unit.

In recent years, with some western miners left the gold, the Chinese enterprises at the location of the Dr Congo's copper and cobalt to invest heavily in katanga region.In one of the biggest deals, China molybdenum from the United States acquired majority stakes in Dr Congo one of the largest mining Tenke.

The swiss-based Glencore (Glencore) with Dr Congo two mining projects.Kailua rabbah provincial governors RichardMuyej on June 15, said at a mining conference, in addition to glencore, everything with Chinese color.Dr Congo's most of the copper and cobalt in kailua province.

Congo also demonstrated China's substantial investment in just the state mining company (Gecamines) to establish himself as a leading producer are unremitting efforts.In the 1980 s, Gecamines production reached the peak of about 500000 metric tons of copper, but debt, mismanagement, and the liberalization of the department weakened its role.In addition to a minority stake in the joint venture, Gecamines had less than 16000 tons of copper mining last year.

China nonferrous metals group (CNMC) is Gecamines provide financing and construction of a copper processing facilities, once it is repaid, it will be handed over to the state-owned miner completely.AlbertYuma Gecamines President in June 14, said in a speech, begin from 2020, the factory will produce 80000 tons of coal per year.

Yuma said, and the factory's agreement to allow the factory in the late ten years later, all become Gecamines property ".He also announced that the state-owned miner, struck a deal with an unnamed Chinese entities, will be developed in near the town of Kolwezi two copper and cobalt, this will ensure that the Gecamines 16% of annual output.

The page contains the contents of the machine translation.