Response to Media
Chemaf Resources Limited (CRL or Company) provides the following statement in response to media reports: CRL notes that neither it nor its subsidiary Chemaf SA have received any correspondence from Gecamines SA (Gecamines) pertaining to matters noted in media reports. Further, no such correspondence has been received by CRL’s parent company, Chemaf Group Limited. On […]
Acquisition de Chemaf Resources Limited par Norin Mining Limited
Chemaf Ressources Limited (CRL ou la Société) a le plaisir d’annoncer qu’elle a convenu des conditions de la vente de la Société (ainsi que de ses filiales) à une filiale détenue exclusivement de Norin Mining Limited (Norin Mining). La transaction marque l’aboutissement réussi d’un examen stratégique suivi d’un processus de recherche d’investisseurs à l’échelle mondiale […]
Chemaf Resources Limited to be acquired by Norin Mining Limited
Chemaf Resources Limited (CRL or Company) is pleased to announce that it has agreed terms for the sale of the Company (including its subsidiaries) to a wholly-owned subsidiary of Norin Mining Limited (Norin Mining). The proposed transaction marks the successful completion of a strategic review and subsequent global investor search process which was initiated in […]
Mise à jour sur la strategie de l’Entreprise
Chemaf Ressources Limited (CRL) fait la mise au point sur le developpement de sa nouvelle stratégie à la suite d’une récente couverture médiatique. Enregistrée sur l’île de Man, CRL est la société mère de la société miniere, productrice de cuivre-cobalt, Chemaf SA (Chemaf ou la Société). Chemaf, qui est une entreprise de droit Congolais, est […]
Strategic Review Update
Chemaf Resources Limited (CRL) provides an update on its strategic review process following recent media coverage. Incorporated in the Isle of Man, CRL is the parent company of established copper-cobalt producer and developer Chemaf SA (Chemaf or the Company). Chemaf which is incorporated in the Democratic Republic of the Congo (DRC) is a proud operator […]
Chemaf – Amnesty Media Response
Media Statement: Response to Amnesty International Report Chemaf SA (“Chemaf” or the “Company”) provides the following response to Amnesty International’s (“Amnesty”) report titled “Powering Change or Business as Usual” (the ”Report”) in relation to its Mutoshi copper and cobalt project (“Mutoshi”) in Kolwezi, the Democratic Republic of the Congo (the “DRC”). Chemaf has […]
Global Cobalt Market to Be Driven by the Rising Application of Cobalt in Various End-Use Industries in the Forecast Period of 2022-2027
The new report by Expert Market Research titled ‘Global Cobalt Market Size Report and Forecast 2022-2027’ gives an in-depth analysis of the global cobalt market, assessing the market based on its segments like applications and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It […]
Udyog Rattan Award received by Mr. Shiraz Virji from the Institute of Economic Studies
Udyog Rattan Award received by Mr. Shiraz Virji from the Institute of Economic Studies
Shalina Resources: The offtake impact
In securing a $600 million loan from Trafigura to finance its mining operations in the DRC, producer Shalina Resources is not only using secondary bank financing in a region which famously struggles to secure debt, but is also chipping away at many of the social issues associated with artisanal mining. Source: txfnews.com
Shalina Resources Ltd’s Key Deal with Trafigura Boosts Cobalt Hydroxide and Copper Cathode Supply Amid Rising Global Demand
Singapore, 18 January 2022 – Shalina Resources (“Shalina”) and Chemaf SA (“Chemaf”), a leading vertically integrated copper and cobalt producer in the Democratic Republic of the Congo (DRC), have concluded a financing and marketing transaction with Trafigura Pte. Ltd. (“Trafigura”), one of the world’s leading independent commodity trading companies, enabling new supplies of high grade […]