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Kolwezi |
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Kolwezi (kōlwĕz`ē), city (1984 pop. 416,122), Katanga province, SE Congo (Kinshasa). It is a center for copper and cobalt mining. There are copper-ore concentration plants, a zinc refinery, and a brewery. Rebels attacked the city in 1978, flooding the mines. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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We believe Adastra has understated the risk associated with financing and developing the Kolwezi Project and has not provided Adastra shareholders with the information necessary to make a properly informed decision. The Kamoto Joint Venture, through Kamoto Copper Company SARL ("KCC") a DRC company incorporated and organized by KFL and Gecamines, leases from Gecamines, the Kamoto concentrator, the Luilu metallurgical plant, the Kamoto underground mine and various oxide open pit resources, in the Kolwezi area of the DRC. In arriving at our offer, we have undertaken a thorough review of publicly available information about the Kolwezi project and, based on our extensive experience of building this kind of project in the region, we believe that our offer represents excellent fundamental value as well as being at a substantial premium to the market. |
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