DRC: IGF indexes 6 mining partnership contracts with private parties not published by Gécamines
Between 2000 and 2008, Gécamines signed 24 partnership contracts (Joint-venture) with private parties representing 100% of its historic available mining reserves.
To date, Gécamines has reconstituted the equivalent of 26% of these reserves of copper (9.3 million tonnes of copper) and 45% of cobalt (1.4 million tonnes of cobalt) and has signed three new contracts joint-venture, reports the General Inspectorate of Finance in its report on Gécamines published in May 2022.
Thus, this supreme control institution detected a lack of publication of certain partnership contracts and a lack of transparency in the signing of contracts, illustrated by the non-publication of certain mining contracts in the Official Journal and on the Unit’s website. Technical Coordination and Mining Planning (CTCPM), in violation of Article 25 Ter of the Mining Regulations of June 2018.
By way of illustration, the IGF cites the contracts which are not published as provided for in the regulations: EVELYNE, MVUMILIA, LUILU RESSOURCES, HUACHIN METAL, RECOMINES and KAIPENG MINING.
