| Name | Billy Rautenbach | ![]() |
| Surname | Rautenbach | |
| First Names | Billy | |
| Alternate Name | Muller Conrad Rautenbach | |
| Title | ||
| Country of Birth | Zimbabwe |
| Positions | |||
| From | To | Organisation | Position |
| 2007 | Hwange Colliery Company Limited | Potential Investor - as of Sept 2007 | |
| 2007 | Mercan Commercial Ltd | Principal Shareholder | |
| 2006 | Billy Rautenbach Shareholdings | Shareholder | |
| Mukondo Mining Concession | Former Owner - 50% | ||
| 1998 | Ridgepointe Overseas Developments Ltd | Owner | |
| 1998 | 2000 | GECAMINES | Managing Director |
| Date of Birth | |
| Political Affiliation | |
| Telephone | |
| Address | |
| Notes | Rautenbach turns to coal mining in Zimbabwe ------------------------------------------------------------ Controversial businessman Billy Rautenbach is trying to revive the fortunes of struggling Zimbabwean coal producer, Hwange Colliery Company after he and CAMEC ran into difficulties in the DRC. After being declared persona non grata in the Democratic Republic of Congo (DRC), with South Africa and Interpol after his neck and one of the companies he is associated with - London-listed Central African Mining & Exploration Company (CAMEC) - having had its DRC mining licences withdrawn, controversial businessman Billy Rautenbach has found solace back home in Zimbabwe where he is now trying to revive the dwindling fortunes of LSE, ZSE and JSE quoted coal miner Hwange Colliery Company. Newspapers in Zimbabwe still referred to Rautenbach as a "mining magnate" last week, oblivious of the fact that the DRC was his major hunting ground, when they announced that he has struck a deal with the coal miner aimed at increasing production at the struggling company. Rautenbach owns a 20 percent shareholder in AIM-quoted CAMEC following transactions in 2006 when he apparently sold mining concessions 467 and 469 (also known as C19 & C21) in Katanga Province, and 50 percent of the cobalt-rich Mukondo operation to CAMEC for stock. He is wanted in South Africa on dozens of criminal charges. In a July decree that declared him persona non grata, the DRC said it "acknowledges that the South African judicial authorities have been looking for you, to answer for cases of fraud, thefts, corruptions, violations of commercial laws, etc". Rautenbach, according to a DRC government statement, "had amassed a large number of mineral and other assets in the DRC during the civil war and subsequently". The Rautenbach/CAMEC assets were first obtained during the DRC's 1997-2003 war, under the Zimbabwe military's Operation Sovereign Legitimacy (Osleg) in which over four million people died of "unnatural causes". http://www.mineweb.net/mineweb/view/mine...;sn=Detail [ Retrieved on 21-08-08 10-07-08 06-09-07 ] TORONTO - Billy Rautenbach has responded to reports that he was deported from the Democratic Republic of Congo last Thursday. The controversial mining executive, who is a major shareholder in Central African Mining & Exploration Company (CAMEC) and counts Zimbabwe’s President Robert Mugabe among his closest friends, denied that he was ever arrested and deported from the DRC. In a statement issued on his behalf by Madelain Roscher of PR Worx, Rautenbach described the reports that have been making headline news across the mining world as unfounded. “Rautenbach arrived in Lubumbashi on Wednesday to conduct various meetings and could not depart the same evening due to runway repairs. He spent the night with friends and left on Thursday morning at 7am when the runway reopened. “He was not interviewed nor interrogated by immigration officials, his passport was not confiscated and he was not detained as certain media articles have claimed. Investigations about an e-mailed statement that was sent to CAMEC's head office in London, apparently on behalf of the Katanga government, are continuing,” said Roscher. The validity of the document that declares Rautenbach persona non grata for charges against him in South Africa (which to date has not been proved in a court of law), is being queried. Rautenbach believes that the letter has no substance as the proper procedures were not followed. The Zimbabwean ambassador in the DRC is also investigating the issue in Kinshasa with the relevant authorities, Roscher said. Rautenbach’s involvement in the mining sector in DRC has been plagued by controversy since the late 1990s when he was seconded by President Mugabe to the late DRC leader, Laurent Kabila who appointed him chief executive of Gecamines, the state mining company. He was soon fired by the senior Kabila for allegedly under reporting profits but was back in the government favour when Kabila died and was replaced by his son, current President Joseph Kabila. The latest controversy surrounding Rautenbach seem more of a result of boardroom battles between British and Canadian mining companies vying for DRC’s minerals resources. [ Retrieved on 03-08-07 - http://thesouthernafrican.com/business/d... ] Rautenbach ordered to vacate Zim farm Fugitive Zimbabwean business tycoon Billy Rautenbach, who is also a top ally of President Robert Mugabe's ruling Zanu-PF party, has been given up to May to vacate his farm as the government appears determined to seize all land still in the hands of whites. Rautenbach, wanted in neighbouring South Africa in connection with fraud involving billions of rands, was among the few white landowners who survived Mugabe's farm seizures on account of their close connections with Zanu-PF. But the controversial tycoon, who has in the past denied having links with Zanu-PF politicians, is on a list of white farm owners from Mashonaland West province given up to May to surrender their land to the government for redistribution to blacks. http://www.mg.co.za/articlePage.aspx?art...;area=/breaking_news/breaking_news__africa/ [ Retrieved on 10-07-08 10-07-08 03-05-07 ] |
| Record last updated on 21 AUG 2008 |
