Economie
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125Deal for Key Metal in EV Revolution Brought Bonanza for Newcomer 2
A transfer of lucrative cobalt and copper assets by the Democratic Republic of Congo’s state mining company enabled a little-known investor to make $40...
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118BCC Holds Benchmark Rate, Sees Easing in Months
The Democratic Republic of Congo’s central bank held its benchmark interest rate at the highest level in more than two years, and expects to...
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127China Molybdenum Pays $550 Million for Congo Ore Project Owner
China Molybdenum Co. Ltd. said it bought a 95% stake in a company which owns a copper cobalt ore project that will be...
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115Congo Agrees to Freeport’s Sale of Copper Mine to China Moly
Democratic Republic of Congo will agree to Freeport-McMoRan Inc.’s sale of its undeveloped Kisanfu copper and cobalt project to China Molybdenum Co., Mines Minister...
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272U.S. Court Declares Congo in Default Over Oil Arbitration Award
A U.S. court declared the Democratic Republic of Congo in default after the state didn’t defend itself against a lawsuit brought by...
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405UN Experts Show Gold Smuggling Networks From Congo to Dubai
Gold smuggling from eastern Democratic Republic of Congo is costing the impoverished country millions of dollars in tax revenue and funding conflict...
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269Congo Miners May Breach Rights With Virus Controls, Groups Say
Copper and cobalt-mining companies in the Democratic Republic of Congo may be violating the rights of their workers with stringent confinement policies meant...
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296
Congo Hit by Oil Explorer’s Bid to Confirm $619 Million Award
A South African oil-exploration company has turned to U.S. courts in a bid to enforce a $619 million arbitration award against the Democratic...
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390Glencore Cuts Back on Cobalt, Copper Spending Due to Virus
Glencore has decided to suspend capital expenditure (capex) unrelated to sustaining daily operations or critical projects by up to $1.5 billion in 2020....
