Tag Archives: DR Congo

DRC: bad news for a Chinese company responsible for the cobalt mine

DRC: bad news for a Chinese company responsible for the cobalt mine

A court in the Democratic Republic of Congo has temporarily removed control of a huge copper and cobalt mine from its Chinese owners. The court appointed a temporary administrator from state miner Gecamines to run China Molybdenum’s Tenke Fungurume mine amid a dispute between the shareholders over reserves of copper …

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