Kalukundi mine
copper and cobalt mine in the Democratic Republic of the Congo
Kalukundi Mine (French: Mine de Kalukundi) is a copper and cobalt mine being developed in Katanga Province, Democratic Republic of the Congo (DRC) by Africo Resources, a Canadian company. In September 2008 the company estimated the value of the resource as $1.47 billion.
Ownership
The property is owned by Swanmines, which is jointly owned by Africo Resources (75%) and the state-owned Gécamines (25%).
Ownership dispute and Camrose buyout
In 2007 there was an ownership dispute when a DRC company named Akam Mining claimed it had bought control of Swanmines, and this claim was upheld in a superior court in Lubumbashi. In September 2007 from DRC justice minister Georges Minsay Booka directed Gécamines to take note that Akam Mining had no stake in the property. In 2008, Dan Gertler offered to buy a majority stake in Africo. At the same time, Gertler allegedly paid $900,000 in bribes to Congolese court officials to delay ruling on the case until Africo shareholders could vote on Gertler's buyout offer. Africo shareholders voted to accept the buyout offer, giving Gertler's Camrose Resources a 63% controlling stake in Africo.
Following a government review of all Katanga mining contracts, in February 2009 Africo Resources made an agreement with the DRC government and Gécamines for amended terms for the project.
Subsequent Och-Ziff lawsuits
According to prosecutors in the United States, Israeli mining magnate Dan Gertler paid millions of dollars in bribes through Och-Ziff Capital Management in order to influence legal proceedings in the DRC over the Kalukundi mine.
The public source identifies “Kalukundi mine” as copper and cobalt mine in the Democratic Republic of the Congo. This brief keeps that definition visible, then builds a research path around Kalukundi, mine and copper.
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The citation trail is more important than the brevity of the summary: it shows where individual claims can be examined in context. The source revision retrieved here is dated Aug 7, 2026. The linked authority identifier is Q6354574. Authority coordinates are -10.623, 25.900. 1 of 1 selected statements include explicit references; 0 carry qualifiers and 0 use preferred rank. The first chronological checks are 2008, 2007 and 2009.
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This entry incorporates text from “Kalukundi mine” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.