DRC govt to receive additional share in Kamoa-Kakula copper project

Ivanhoe Mines and Zijin Mining Group Co Ltd have agreed to transfer an additional 15% interest in the Kamoa-Kakula copper project in the Democratic Republic of the Congo (DRC) to the African nation's government, the companies said on November 18.

The agreement, signed on November 11 after four years of deliberation, will increase the DRC government’s share in the project to 20%. The terms of the agreement were not disclosed. The DRC government previously received a...


Millicent Dent

November 21, 2016

03:39 GMT