Dikuluwe Mine

Dikuluwe Mine
Cuprite with malachite - Dikuluwe Mine
Location
Dikuluwe Mine 10.744608°S 25.362625°E / 10.74461°S 25.36263°E / -10.74461; 25.36263Coordinates: 10.744608°S 25.362625°E / 10.74461°S 25.36263°E / -10.74461; 25.36263
Province	Katanga Province
Country	Democratic Republic of the Congo
Production
Products	Copper, Cobalt

The Dikuluwe Mine is a copper and cobalt mine in Katanga Province of the Democratic Republic of the Congo. Dikuluwe is the westernmost of the Diwa Pit group, with Mashamba West and Mashamba East. The quarry was opened in 1975 and was planned to be connected to the nearby Mashamba West pit.^[1]

Katanga Mining had the license to mine copper ore in the mine, but was not planning to open it for production until 2023. In February 2008 Katanga Mining signed an agreement where the Mashamba West and Dikuluwe deposits were transferred to the state-owned Gecamines. In return, Gecamines would replace these deposits with deposits of similar value or pay US$825 million.^[2] It was reported that a consortium led by Sinohydro Corporation and China Railway Engineering Corporation would acquire 68% of the property, with Gecamines holding 32%. The Chinese would invest about $3bn in infrastructure, and $3bn into this and other mining deposits in the DRC.^[3]

References

1. ^ "Main mining sites in Katanga". GECO. http://www.gecoproject.org/?page=mine_data. Retrieved 2011-11-12. 
2. ^ "Katanga Announces Agreement on Transfer of Mashamba West and Dikuluwe Deposits". Katanga Mining. Fri Feb 8, 2008. http://www.reuters.com/article/2008/02/08/idUS183009+08-Feb-2008+MW20080208. Retrieved 2011-11-12. 
3. ^ Barry Sergeant (10 Feb 2008). "DRC/Chinese/Katanga Mining copper/cobalt deal explained". Mine web. http://www.mineweb.com/mineweb/view/mineweb/en/page36?oid=46464&sn=Detail. Retrieved 2011-11-12.