trending Market Intelligence /marketintelligence/en/news-insights/trending/jpRO70uIm0qpOvhx1k8Ghw2 content esgSubNav
In This List

Tantalex to form JV with DRC-owned private company

Blog

Metals & Mining Insights May 2021

Blog

European Energy Insights - May 2021

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage


Tantalex to form JV with DRC-owned private company

Tantalex Resources Corp. said Sept. 22 that it has signed a definitive agreement with private company La Congolaise d'Exploitation Minière SA to form a joint venture company, United Cominière SAS, to explore and develop "high-tech minerals."

Under the deal, Tantalex will own a 70% stake in United Cominière, which will hold a "significant" land package in the Katanga region in the Democratic Republic of Congo.

The land package shows evidence of mineralization of some high-tech minerals, Tantalex CEO Dave Gagnon said. "Not only can this opportunity help us to diversify our assets, it brings us one step closer to our goal of being a major player in the sector of high-tech minerals, where only a few players currently exist."

La Congolaise d'Exploitation Minière is 90%-owned by the Democratic Republic of Congo.