It is located 30 kilometres (19 mi) north of Lubumbashi, Katanga Province, Democratic Republic of Congo.
[3][4] The proceeds from the sale, along with nearby deposits, netted Katumbi $61.3 million, which he used to finance his successful American-style election campaign to the governorship of Katanga province in 2007.
[7][8][9] Gécamines claimed the acquisition triggered a review of the projects' lease, and threatening to block the deal.
[12] Minerals and Metals Group then announced a successful takeover bid for Anvil worth $1.3 billion, including a 95% stake in the Kinsevere mine.
[14] A joint report released by the Congolese non-governmental organizations Humanisme et Droits Humains, JUSTICIA Asbl, and Ligue Congolaise de luttecontre la Corruption claimed that MMG was exerting pressure on the magistrates in order to sway the outcome of the court case in MMG's favor.