Mining Companies Tell Congo it Will Lose $3 Billion Over New Mining Code -Bloomberg
30 Maggio 2018 - 8:23AM
Dow Jones News
--A group of mining companies including Randgold Resources Ltd.,
Glencore PLC and Ivanhoe Mines Ltd. have warned the government of
the Congo that its new mining code will cost the country $3 billion
over a decade, according to Bloomberg.
--The mining companies said they intend "to protect their
rights", according to a note that the companies sent to the Mines
Ministry, Bloomberg reports.
--Negotiations with the government have so far failed resolve
the companies' concerns, Bloomberg says.
Full story: https://bloom.bg/2L26aM8
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(END) Dow Jones Newswires
May 30, 2018 02:08 ET (06:08 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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