United Gold Mining LLC operates a large-scale copper-cobalt mine complex in the Democratic Republic of Congo (DRC) through two joint ventures, Kamoto Copper Company (KCC) and DRC Copper and Cobalt Project (DCP).
The KCC joint venture produced its first copper cathode in December 2007 following the completion of Phase I of a four-phase refurbishment of the brownfield site. The second joint venture, DCP, was acquired through Katanga’s merger with Nikanor in January 2008. KCC and DCP operate on adjacent properties in the Democratic Republic of Congo (DRC) and are working to create a major single-site copper and cobalt operation. Pursuant to an amended joint venture agreement signed in July 2009, KCC and DCP will be merged.