2021/01/12US judge rejects shareholders' class action over DRC corruption allegations involving Glencore and Dan Gertler Glencore's American shareholders, who are seeking compensation for stock exchange losses they claim resulted from suspicions of corruption in the DRC mining sector involving the trading group and businessman Dan Gertler, have had their case dimissed by a US court. Get Price
2021/02/02Listen to a recording of the webinar hosted by DRC Mining Week and Mining Review Africa which explored the lucrative gold opportunities in the region, how best to overcome the challenges in accessing these ore bodies and what untapping these resources could do the DRC economy. Get Price
2020/07/02Israeli billionaire Dan Gertler owns mines in the Congo In 2017 the U.S. imposed sanctions on him due to corrupt deals with the DRC's former president Documents from the African state reveal irregular cash deposits Get Price
2020/10/14In December 2017, controversial mining magnate Dan Gertler had a problem. The United States had just sanctioned him for making his fortune through "corrupt mining deals" in the Democratic Republic of Congo (DRC), with the intention of ending Gertler's lucrative career brokering deals between the Congolese state and some of the world's largest multinational mining companies. Get Price
2020/11/23DRC is the most significant source of the world's mineral resources. It's famous for its exquisite cobalt, diamond, copper, diamond, tantalum, tin, and Gold. The mining industry is the Republic's primary source of export income. DRC has untapped mineral deposits (lithium and coltan) worth billions of dollars. Mining operations have a trail of several mining [] Get Price
2018/02/21The DRC is the world's leading producer of cobalt, but authorities believe the existing mining code favours foreign investors at the expense of the economy. The country is also the top African producer of copper, currently trading on the London Metal Exchange at more than $7,000 a tonne for the first time in three and a half years. Get Price
2020/11/23The Democratic Republic of Congo is the potential natural resources hub in Africa. The country harbors a lot of minerals, which are worth millions of dollars. DRC enjoys great cobalt production, copper, diamond, tantalum, tin, gold, coltan, lithium, and other expensive minerals. However, the mining sector has several flaws which the country rectifies with time. The DRC mining got it to blow Get Price
2021/01/12US judge rejects shareholders' class action over DRC corruption allegations involving Glencore and Dan Gertler Glencore's American shareholders, who are seeking compensation for stock exchange losses they claim resulted from suspicions of corruption in the DRC mining sector involving the trading group and businessman Dan Gertler, have had their case dimissed by a US court. Get Price
2020/07/022 July 2020, London Paris – Controversial billionaire Dan Gertler appears to have used a money laundering network stretching from Democratic Republic of Congo (DRC) to Europe and Israel to evade US sanctions against him, funnel millions of dollars abroad, and acquire new mining assets in DRC, Global Witness and PPLAAF reveal today in a joint investigation, Undermining Sanctions. Get Price
2020/12/14READ MORE DRC: Albert Yuma and Dan Gertler in complex Gcamines loan dispute This is not the first time Gertler has attempted to reach out to the Congolese in recent months. At the beginning of July, the businessman, based in Ramat Gan, near Tel Aviv, had launched a conspiratorial laced communication campaign on social networks, as well as a lawsuit in France against the NGOs. Get Price
2020/11/23The Democratic Republic of Congo is the potential natural resources hub in Africa. The country harbors a lot of minerals, which are worth millions of dollars. DRC enjoys great cobalt production, copper, diamond, tantalum, tin, gold, coltan, lithium, and other expensive minerals. However, the mining sector has several flaws which the country rectifies with time. The DRC mining got it to blow Get Price
The history of mining in the Democratic Republic of the Congo (DRC) begins with the birth of the DRC in 1998; from 1971 to 1997 it was named Zaire. Mass scale looting, 1998 After Rwanda, Uganda, and Burundi's successful 1998 invasion of eastern and southeastern DRC in the Second Congo War (1998-2003), mass scale looting took root, according to the United Nations. Get Price
2020/11/23DRC is the most significant source of the world's mineral resources. It's famous for its exquisite cobalt, diamond, copper, diamond, tantalum, tin, and Gold. The mining industry is the Republic's primary source of export income. DRC has untapped mineral deposits (lithium and coltan) worth billions of dollars. Mining operations have a trail of several mining [] Get Price
2020/12/31DRC: NGOs call on mining companies to improve the quality of social projects carried out in favor of communities in mining areas (Report) February 5, 2021 February 5, 2021 Janet The Civil Society Consultation Framework for Natural Resources in Ituri, the Maison des Mines du Kivu Get Price
2020/12/14READ MORE DRC: Albert Yuma and Dan Gertler in complex Gcamines loan dispute This is not the first time Gertler has attempted to reach out to the Congolese in recent months. At the beginning of July, the businessman, based in Ramat Gan, near Tel Aviv, had launched a conspiratorial laced communication campaign on social networks, as well as a lawsuit in France against the NGOs. Get Price
2019/06/15At the height of the commodity boom before the 2008 financial crisis, the mining sector, which used to be the backbone of the DRC's economy, was in parlous state. Decades of conflict, political instability, corruption, looting and Get Price
2020/12/14READ MORE DRC: Albert Yuma and Dan Gertler in complex Gcamines loan dispute This is not the first time Gertler has attempted to reach out to the Congolese in recent months. At the beginning of July, the businessman, based in Ramat Gan, near Tel Aviv, had launched a conspiratorial laced communication campaign on social networks, as well as a lawsuit in France against the NGOs. Get Price
2021/02/02Listen to a recording of the webinar hosted by DRC Mining Week and Mining Review Africa which explored the lucrative gold opportunities in the region, how best to overcome the challenges in accessing these ore bodies and what untapping these resources could do the DRC economy. Get Price
2017/12/19Leaked files reveal for the first time how the secretive firm enlisted a controversial diamond tycoon – ignoring 'red flags' The diamond deal would be the first of many. In the nearly two decades since, Gertler has become an unofficial gatekeeper in dozens of mining deals across DRC – a country the size of western Europe with a surfeit of natural resources. Get Price
2020/11/23The Democratic Republic of Congo is the potential natural resources hub in Africa. The country harbors a lot of minerals, which are worth millions of dollars. DRC enjoys great cobalt production, copper, diamond, tantalum, tin, gold, coltan, lithium, and other expensive minerals. However, the mining sector has several flaws which the country rectifies with time. The DRC mining got it to blow Get Price
2020/11/23DRC is the most significant source of the world's mineral resources. It's famous for its exquisite cobalt, diamond, copper, diamond, tantalum, tin, and Gold. The mining industry is the Republic's primary source of export income. DRC has untapped mineral deposits (lithium and coltan) worth billions of dollars. Mining operations have a trail of several mining [] Get Price
Dan Gertler (born 23 December 1973) is an Israeli billionaire businessman in natural resources and the founder and President of the DGI (Dan Gertler International) Group of Companies. He has diamond and copper mining interests in the Democratic Republic of the Congo (DRC) and has invested in iron ore, gold, cobalt, oil, agriculture, and banking. Get Price
2020/10/14In December 2017, controversial mining magnate Dan Gertler had a problem. The United States had just sanctioned him for making his fortune through "corrupt mining deals" in the Democratic Republic of Congo (DRC), with the intention of ending Gertler's lucrative career brokering deals between the Congolese state and some of the world's largest multinational mining companies. Get Price
2021/01/26Dan Gertler has a one-year respite – until 31 January 2022 to be precise – to continue doing business with US companies. This is due to a "licence" that was granted to the mining magnate by the US Department of the Get Price
2021/01/26Dan Gertler has a one-year respite – until 31 January 2022 to be precise – to continue doing business with US companies. This is due to a "licence" that was granted to the mining magnate by the US Department of the Get Price
2020/07/022 July 2020, London Paris – Controversial billionaire Dan Gertler appears to have used a money laundering network stretching from Democratic Republic of Congo (DRC) to Europe and Israel to evade US sanctions against him, funnel millions of dollars abroad, and acquire new mining assets in DRC, Global Witness and PPLAAF reveal today in a joint investigation, Undermining Sanctions. Get Price
2021/01/26READ MORE DRC: Embattled Dan Gertler tries communication blitz What follows is a long list of companies linked to the billionaire and one of his associates, the Belgian national Pieter Albert Deboutte, which were sanctioned in December 2017 under the Global Magnitsky Act. Get Price
2020/09/17Wanbao Mining's Pumpi copper and cobalt project in the Democratic Republic of Congo (DRC) produced its first batch of copper cathode on Sunday September 13, the company said. The Pumpi copper and cobalt project aims to produce 40,000 tonnes per year of copper and 5,000 tpy of cobalt, Wanbao Mining said. Get Price
2021/01/26The US State Department hit Dan Gertler with sanctions in December 2017 for opaque and corrupt mining deals struck with help from his friend, then Congolese President Joseph Kabila. Washington claims Gertler deprived the DRC of $1.4 billion in tax revenues over the past decade. Get Price
2021/01/26The US State Department hit Dan Gertler with sanctions in December 2017 for opaque and corrupt mining deals struck with help from his friend, then Congolese President Joseph Kabila. Washington claims Gertler deprived the DRC of $1.4 billion in tax revenues over the past decade. Get Price