Katanga Mining, the Glencore subsidiary that operates in the Democratic Republic of Congo (DRC), has reached an agreement to acquire land where it could build a new long-term tailings facility for its 75%-owned Kamoto Copper Company (KCC) operations.
The agreement with DRC State miner Gécamines, which has a 25% shareholding in KCC, includes multiple blocks, which not only covers the preferred location for the tailings, but also blocks that will enhance KCC’s ability to more efficiently operate its mines and other infrastructure.