DRC: It’s Raining Copper in the DRC’s Katanga Province


Jul 25, 2014 | Allesandro Bruno, Investor Intel
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El Nino Ventures Inc. (‘ELN’, TSXV: ELN) has a copper exploration project in the Democratic Republic of Congo and two zinc-lead-silver (copper) exploration and development projects in the Bathurst Mining Camp, New Brunswick. The Copperbelt in the Democratic Republic of Congo (DRC) hosts several world class deposits and its exploration potential is considered one of the best in the world. Mining companies such as Phelps Dodge and First Quantum Minerals have established operations there and ore is world class. Several small companies are also actively considering copper and other minerals in the DRC. The Katanga province of the DRC hosts more than 10% of the world’s copper and many of its best deposits in the world. In 2013, Congo produced, according to government figures published in ‘Jeune Afrique’ some 920,000 ton of copper, which amounts to 300,000 tons more than the previous year.El Nino Ventures Inc. (‘ELN’, TSXV: ELN) has a copper exploration project in the Democratic Republic of Congo and two zinc-lead-silver (copper) exploration and development projects in the Bathurst Mining Camp, New Brunswick. The Copperbelt in the Democratic Republic of Congo (DRC) hosts several world class deposits and its exploration potential is considered one of the best in the world. Mining companies such as Phelps Dodge and First Quantum Minerals have established operations there and ore is world class. Several small companies are also actively considering copper and other minerals in the DRC. The Katanga province of the DRC hosts more than 10% of the world’s copper and many of its best deposits in the world. In 2013, Congo produced, according to government figures published in ‘Jeune Afrique’ some 920,000 ton of copper, which amounts to 300,000 tons more than the previous year. - See more at: http://investorintel.com/gold-silver-intel/raining-copper-rdcs-katanga-province/#sthash.XKjKL6hZ.dpuf