The Conversation (0)
Gecamines Undisclosed Sale of Congo Copper Mines May Threaten Share Offer
Jul. 13, 2011 01:56PM PST
Battery MetalsGecamines Undisclosed Sale of Congo Copper Mines May Threaten Share Offer
Bloomberg reported that an asset sale by Gecamines may undermine the company’s objectives.
The market news is quoted as saying:
One of the complexes, Mutanda Mining Sprl, is worth more than $3 billion, according to calculations by consulting firm Golder Associates that were included in the prospectus.