China North Industries Corp, known as Norinco, has offered to adjust its offer to buy copper and cobalt assets owned by ...
Norinco proposed increasing the Congo's stake in the Mutoshi and Etoile mines from 5% to 15% at no cost, pending talks.
The deal has provoked opposition from the government and the state-owned mining company Gecamines, which owns the key development permit for the flagship project. The Gecamines application ...
Gecamines SA, the state-owned mining company of the Democratic Republic of the Congo, intends to monitor any acquisition of cobalt producer Chemaf Resources Ltd in order to obtain a mining permit by ...
Congo state-owned miner Gecamines is close to finalising a deal with Glencore (GLEN.L), opens new tab to secure an allocation of about 51,000 metric tons of metal from Kamoto Copper Company (KCC ...
The DRC’s Gécamines is forging new partnerships with the US, Japan and France amid soaring demand for critical minerals, but transparency and financial concerns persist. After years of being shunned ...
The $1.4 billion bid made by the Chinese defence and industrial giant in June stalled after Congo state miner Gecamines submitted its own unsolicited bid for the Chemaf assets, deepening a ...
China North Industries Corp., also known as Norinco has offered to increase the Congo government stake in its bid to purchase ...