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Randgold Resources: Mining Industry Ready for Engagement with DRC Government
Mar. 15, 2018 09:15AM PST
Gold InvestingA legal and technical team representing the major mining companies operating in the Democratic Republic of Congo has arrived in Kinshasa for engagement with the government on its new mining code. This follows the meeting on 7 March 2018 where His Excellency President Kabila gave an assurance that the questions raised by the industry would …
A legal and technical team representing the major mining companies operating in the Democratic Republic of Congo has arrived in Kinshasa for engagement with the government on its new mining code. This follows the meeting on 7 March 2018 where His Excellency President Kabila gave an assurance that the questions raised by the industry would be resolved through transitional arrangements, mining regulations and agreements and guarantees that need to be considered after the new code was signed into law.
In the meeting, the parties were requested to meet for a 30 day period starting March 14.
As agreed with His Excellency the President, a matrix of the industry’s issues as well as proposals regarding the mining code have been delivered to the Minister of Mines.