Miners are expecting a showdown in the Democratic Republic of Congo, where a new mining code is slated to be signed into law. But instead of fighting individual battles, companies are for the first time pulling together in a force that unites both western firms like Glencore and Ivanhoe Mines and Chinese firms like CMOC. Legal action has been mooted, but with the law only now requiring the signature of the country’s president, a wholesale review of the new code might be unlikely at this stage.
‘Business-friendly’ southern Africa
Miners hope political and policy changes in South Africa and Zimbabwe will pave the way for a more attractive environment for business. As the resignation...