ENRC to Spend $4.4 Billion, Including Three Copper Projects in DRC

Mining Weekly reported that Kazakh miner ENRC has completed a review of spending plans, including a $4.4-billion five-year growth programme that encompasses five (three copper) projects in the DRC.

As quoted in the market report:

ENRC, emerging from a period of boardroom rows and investor pressure over governance that have battered its shares, had said it would prioritise cash-generating projects, a message welcomed by the market.

To view the whole Mining Weekly report, click here.