Gécamines definition

Gécamines means La Générale des Carrières et des Mines, a state-owned corporation, incorporated in the DRC;
Sample 1Sample 2Sample 3
Gécamines has the meaning set forth in the heading and preamble to this Agreement.
Sample 1Sample 2
Gécamines has the meaning set forth in the heading to this Agreement.
Sample 1Sample 2

Examples of Gécamines in a sentence

  • Ivanhoe acquired its 68% interest in the Kipushi Project in November 2011; the balance of 32% is held by the state-owned mining company, La Générale des Carrières et des Mines (Gécamines).

  • The companies operating these mines are Kamoto Copper Company (owned by Glencore), Tenke Fungurume Mining (owned by China Molybdenum Co.), Metalkol (owned by Eurasian Resources Group), Sicomines (a joint venture between Gécamines, SIMCO and a consortium of Chinese companies) and Somidez (a joint venture between Gécamines and China Nonferrous Metals Co).

  • Katanga’s economy fell into depression after the collapse of Gécamines in the late 1980s, leaving thousands unemployed.

  • The remaining 32% in Kipushi Corporation SA is held by Gécamines.

  • By then the mining parastatal Gécamines (Général des Carrières et des Mines), which had provided housing and social services for 33,000 workers, had collapsed due to mismanagement.

  • In 2003 a Bank- commissioned study of Gécamines by International Mining Consultants (IMC)161 recommended the immediate dismissal of all Gécamines directors and that international experts renegotiate the company’s joint ventures.

  • While the Bank is not directly to blame for these contracts, it could do more to promote transparency and accountability in the mining sector, where it carries a lot of weight, not least because it is funding the retirement of thousands of Gécamines employees as well as pushing for privatisation.

  • Kabila also expressed misgivings when the Security Council visited the region in November 2005.167 Many Congolese actors, however, have supported the idea of an international mechanism for promoting good governance.168 Officials in the ministry of mines and Gécamines, for example, protested vehemently about the contracts signed with Kinross Forrest Limited and GEC in 2005.169 Churches and NGOs have persistently protested corruption.

  • Repayment will be made by offsetting the loan against future royalties and dividends payable to Gécamines from future profits earned at Kipushi.

  • An additional $20 million was requested and advanced to Gécamines during November 2012.


More Definitions of Gécamines

Gécamines means La Générale des Carrières et des Mines, a state-owned mining company established under the Law of the DRC;
Sample 1
Gécamines means La Générale des Carrieres et des Mines, a state enterprise under Congolese law, with its registered office situated at 000, Xxxxxx Xxxxxxxxx, BP, 000, Xxxxxxxxxx, Xxxxxxxxxx Xxxxxxxx of Congo, the state-owned mining company of the Democratic Republic of Congo;
Sample 1
Gécamines means La Génerale des Carrières et des Mines, the mining arm of the Government of the DRC.
Sample 1

Related to Gécamines

  • Mines means those devices defined in Article 2, Paragraphs 1, 4 and 5 of Protocol II annexed to the Convention on Prohibitions and Restrictions on the Use of Certain Conventional Weapons Which May Be Deemed to Be Excessively Injurious or to Have Indiscriminate Effects of 1980.

  • Public school academy means a public school academy or strict discipline academy organized under the revised school code, 1976 PA 451, MCL 380.1 to 380.1852.

  • Campfire means a small outdoor fire intended for recreation or cooking not including a fire intended for disposal of waste wood or refuse.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Low-solids coating means a coating containing 0.12 kilogram or less of solids per liter (one pound or less of solids per gallon) of coating material.

  • snippet means with respect to any Material Contract, a consent and agreement in favor of the Term Loan Collateral Agent (for the benefit of the Secured Parties) in substantially the form attached hereto as Exhibit F or otherwise in form and substance reasonably satisfactory to the Term Loan Collateral Agent and the Administrative Agent.","hash":"b253905eac2329f4ce5deee359573d97","id":7},{"snippetLinks":[{"key":"the-consent","type":"clause","offset":[6,17]},{"key":"dated-as-of","type":"definition","offset": [32,43]},{"key":"march","type":"clause","offset":[44,49]},{"key":"the-bank","type":"clause","offset":[72,80]},{"key":"sumitomo","type":"definition","offset":[87,95]},{"key":"heavy","type":"clause","offset":[96,101]},{"key":"industries","type":"clause","offset":[102,112]},{"key":"ltd","type":"clause","offset":[114,117]},{"key":"solely-for-purposes-of- section","type":"clause","offset":[120,150]},{"key":"borrower-and","type":"clause","offset":[173,185]},{"key":"certain","type":"clause","offset":[186,193]},{"key":"subsidiaries","type":"clause","offset":[208,220]}],"samples":[{"uri":"/contracts/8I1kKDYnIWF#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/ef30eXHgcuS#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/dwF8yXcI2kh#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21}],"size":6,"snippet":"means the Consent and Agreement dated as of March 30, 2009 by and among the Bank, SEN, Sumitomo Heavy Industries, Ltd. (solely for purposes of Section 2(b) thereunder), the Borrower and certain of Borrower’s Subsidiaries named therein.","hash":"e15b2264efd3078b83ce802817c2631f","id":8},{"snippetLinks":[{"key":"a-consent","type":"clause","offset":[6,15]},

  • the Academy means the school referred to in Article 4 and established by the Academy Trust;

  • Oxides of nitrogen means the sum of the volume mixing ratio (ppbv) of nitrogen monoxide (nitric oxide) and nitrogen dioxide expressed in units of mass concentration of nitrogen dioxide (µg/m3);

  • Warden means the Warden In-charge of Hall of Residence VIII and includes other Wardens of the said Hall.

  • Hood means a respiratory inlet covering that completely covers the head and neck and may also cover portions of the shoulders and torso.

  • ALS means amyotrophic lateral sclerosis.

  • Pistol means any firearm with a barrel less than sixteen inches in length, or is designed to be held and fired by the use of a single hand.

  • Academy means the academy named at the beginning of this Disciplinary Policy and Procedure and includes all sites upon which the academy undertaking is, from time to time, being carried out.

  • Basecoat means a coat of colored material, usually opaque, that is applied before graining inks, glazing coats, or other opaque finishing materials and is usually topcoated for protection.

  • Shoulder means that part of a highway between the portion regularly traveled by vehicular traffic

  • Furniture coating means any paint designed for application to room furnishings including, but not limited to, cabinets (kitchen, bath and vanity), tables, chairs, beds, and sofas.

  • business vertical means a distinguishable component of an enterprise that is engaged in the supply of individual goods or services or a group of related goods or services which is subject to risks and returns that are different from those of the other business verticals.

  • Oven means a chamber which is used to bake, cure, polymerize, and/or dry a

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • Camp or “camping” means to pitch, erect, create, use, or occupy camp facilities for the purposes of habitation, as evidenced by the use of camp paraphernalia.

  • handyman means a person employed to perform routine manual tasks in any

  • JetBrains or “We” means JetBrains s.r.o., having its principal place of business at Xx Xxxxxxxxx XX 0000/00, Xxxxxx, 00000, Xxxxx Xxxxxxxx, registered in the Commercial Register maintained by the Xxxxxxxxx Xxxxx xx Xxxxxx, Xxxxxxx X, Xxxx 00000, ID. No.: 265 02 275.

  • Microenterprise means an enterprise which employs fewer than 10 persons and whose annual turnover and/or annual balance sheet total does not exceed EUR 2 million;

  • Nonambulatory means a person who immediately and without the aid of another is not physically and mentally capable of traveling a normal path to safety, including the ascent and descent of stairs.

  • WARO means "weeks after the effective date for award of the contractual action".

  • Waterbody means any accumulation of water, surface or underground, natural or artificial, including rivers, streams, creeks, ditches, swales, lakes, ponds, marshes, wetlands, and ground water. The term does not include any storage or treatment structures.