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Congo’s Gecamines Refuses to Publish Mining Contracts
Nov. 01, 2011 01:46PM PST
Battery Metals Investing
IBTimes reported that Gecamines says it will not release details of its mining contracts without permission from its partner firms.
IBTimes reported that Gecamines says it will not release details of its mining contracts without permission from its partner firms.
As quoted in the market news:
Gecamines has a number of copper and cobalt joint ventures with partners that include Freeport McMoRan, Lundin Mining, ENRC, Glencore-owned Katanga Mining and South Africa’s Metorex. Congolese Mines Minister Martin Kabwelulu said he did not think the letter constituted an all-out refusal of his request.