Products Copper, Cobalt | Province Katanga Province | |
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Country Democratic Republic of the Congo | ||
The Dikuluwe Mine is a copper and cobalt mine in Katanga Province of the Democratic Republic of the Congo. Dikuluwe is the westernmost of the Diwa Pit group, with Mashamba West and Mashamba East. The quarry was opened in 1975 and was planned to be connected to the nearby Mashamba West pit.
Katanga Mining had the license to mine copper ore in the mine, but was not planning to open it for production until 2023. In February 2008 Katanga Mining signed an agreement where the Mashamba West and Dikuluwe deposits were transferred to the state-owned Gécamines. In return, Gécamines would replace these deposits with deposits of similar value or pay US$825 million. It was reported that a consortium led by Sinohydro Corporation and China Railway Engineering Corporation would acquire 68% of the property, with Gécamines holding 32%. The Chinese would invest about $3bn in infrastructure, and $3bn into this and other mining deposits in the DRC.