Tuesday, March 25, 2014

CONGO HAS GREAT POTENTIAL FOR SEARCH OF DIAMOND FIELDS

CONGO HAS GREAT POTENTIAL FOR SEARCH OF DIAMOND FIELDS

Company De Beers, BHP Billiton, AK Alrosa and DGI Group Israeli diamond Dan Gertler (Dan Gertler) are in talks about the development of the diamond industry in the Democratic Republic of Congo (DRC).
Republic has a great potential for finding diamond fields, despite the lack of infrastructure and the long-running civil conflict, which officially ended two years ago, but may flare up again, which is a deterrent to foreign investors.

A small-scale diamond mining in the country spread, but only a small area has been studied with the use of modern technology. A local company Miniere de Bakwange (MIBA), 80% of which is owned by the state, and the rest - Belgian Sibeka, whose majority shareholder is De Beers, would like to expand the study to belong to her area of 78 thousand square meters. km in the province of Kasai-Oriental.

According to Gustav Luaba (Gustave Luabeya), the head of MIBA, negotiations are under way for the establishment of joint ventures with major mining companies, in particular, discuss the details of ownership, financing and management of future joint venture.