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The smaller of the two Congos, on the western edge of the DRC, is the Republic of the Congo, or Congo Brazzaville Brazzaville is also the country's capital and largest city It used to be the French territory, called Middle Congo The name Congo stems from the Bakongo, a Bantu tribe that populates the area
Doing business in the DRC All assets and operations of Katanga Mining Limited are located in the Katanga Province of the Democratic Republic of Congo (DRC) It is a vast country with immense economic resources, including an estimated 10% of the world's copper and 50% of its cobalt
The Democratic Republic of Congo is widely considered one of the world's richest countries in natural resources; its untapped deposits of raw minerals are estimated to be worth in excess of US$24 trillion The Congo has 70% of the world's coltan, a third of its cobalt, more than 30% of its diamond reserves, and a tenth of its copper
The Kinsenda Project currently ranks as one of the world’s highest grade copper deposits with declared mineral resources of 207 million tonnes at a grade of 56% copper Kinsenda is situated within the Democratic Republic of Congo, near the border town of Kasumbalesa A Bankable Feasibility Study (BFS) on the project was completed in 2012
Although the Democratic Republic of the Congo has vast natural resources, it is also severely lacking in infrastructure and political stability, and is deeply corruptThe country has, and has had several nam It is known as Congo-Kinshasa, DR Congo, DROC, DRC and simply Congo
The Mining industry of the Democratic Republic of the Congo is a significant factor in the world's production of cobalt, copper, diamond, tantalum, tin, and gold It is the Democratic Republic of the Congo's largest source of export income In 2009, the Democratic Republic of the Congo (DRC) had an estimated $24 trillion in untapped mineral deposits, including the world's largest reserves of .