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Ivanhoe’s Louis Watum participates in Mining Review Africa webinar on investing in the DRC

06-11-2019 04:20 PM CET | Industry, Real Estate & Construction

Press release from: Mining Review Africa webinar to provide a deeper understanding of the mining industry webinar to provide a deeper understanding of the mining industry

Ivanhoe Mines’ MD for DRC Operations Louis Watum is heading up an expert panel in a live webinar by Mining Review Africa on Wednesday that is focused on investment in the DRC, particularly since the introduction of the revised Mining Code.

The webinar is broadcast live on Wednesday 12 June 2019 at 12h30 GMT, 14h30 Johannesburg, 13h30 London, 14h30 Paris, 18h00 New Delhi and 08h30 New York. Register online to participate.

“The Democratic Republic of the Congo’s new mining legislation seeks to benefit all stakeholders in terms of social, environmental and economic upliftment” says Chantelle Kotze, producer of the webinar and the senior deputy editor of the leading trade journal and digital platform Mining Review Africa.

She adds: “however, it has also increased taxes and placed a high royalty rate on speciality minerals including cobalt and coltan as determined by government. Now, just over a year later, we are looking at the consequences of the new laws so far, whether they been beneficial or not. To answer the business community’s questions about the operating environment within the DRC we have brought together an expert panel from a mining, business and legal point of view.”

The experts are:
- Louis Watum | MD: DRC Operations| Ivanhoe Mines DRC
- Eric Bruggeman | CEO | South African Capital Equipment Export Council
- Edmond Cibamba | Attorney at Law ( Partner) | EMW & Associates

Some of the topics that will be covered during the live webinar include:

• Key advice on how to adapt your business to comply with the revised Mining Code
• The untapped mining potential in the DRC - does this outweigh higher taxes and royalties?
• How well-established major mining companies are dealing with the revised Mining Code changes
• First-hand experience in establishing a new mining operation in the DRC following implementation of the Code
• The pros and cons when incorporating a registered company in the DRC
• Other things to consider when investing in the DRC?

Anyone is welcome to register online for the MRA webinar and to pose questions directly to the panel of experts.

More about the Mining Review Africa webinar’s expert panelists:

Louis Watum | MD: DRC Operations| Ivanhoe Mines DRC:

Louis Watum joined Ivanhoe Mines in December 2014 as Managing Director of the company’s operations in the Democratic Republic of Congo (DRC). In March 2015, he was appointed to the additional role of General Manager, Kamoa Copper SA. Mr. Watum has lead responsibilities for Ivanhoe Mines’ mine development activities now underway at the Kamoa copper discovery and the Kipushi zinc-copper-silver mine, both in the DRC.

Edmond Cibamba | Attorney at Law ( Partner) | EMW & Associates:

Edmond CIBAMBA DIATA is lawyer at the Bar of the Court of Appeal of Kinshasa/Matete since 2001, after having worked as an advocate at the judicial court of Kinshasa since 1994, Edmond CIBAMBA Maria DIATA is a registered mines and quarries agent approved by the Ministry of Mines since 2003. He also works as the head of department at the Free University of Kinshasa, in charge of tax law and mining law courses.

Eric Bruggeman | CEO | South African Capital Equipment Export Council:

Mr Bruggeman, Chief Executive Officer of the South African Capital Equipment Export Council is passionate about South Africa; its past and its future, its difficulties and its potential. A mechanical engineer with a wealth of experience, who has works for the AfDB and the World Bank on the economics of machinery and equipment. He is a lover of wildlife and the African bush and is a keen nature conservationist.

Go to the Mining Review Africa website to register in order to participate in the webinar.

The 15th edition of the DRC Mining Week exhibition and conference is taking place in Lubumbashi from 19-21 June. More than 3000 attendees are expected to attend the event in this important mining hub of the DRC, including 180+ exhibitors and five country pavilions from France, Germany, South Africa, the UK and Zimbabwe.

Senior communications manager: Annemarie Roodbol
Office: +27 21 700 3558
Postal address: PO Box 321, Steenberg, 7947, South Africa

Mining Review Africa is the host publication of DRC Mining Week and the leading monthly magazine and digital platform in the African mining industry. Every month, MRA reaches an audience of over 50 000 influential mining authorities and key decision makers through a variety of channels, including an interactive website, videos and print distribution at all major mining conferences in Africa and across the globe.

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