Tuesday, February 2, 2010

DRC Block Mining Exports of 16 Companies

Officials in Katanga province in the Democratic Republic Of Congo have informed Retuers that they are carrying out a promise to block the exports of miners who are deemed not to have backed local agricultural projects.

Sixteen companies are said to have been banned, among them Kamoto Copper Company, a joint venture between TSE-listed Katanga Mining and the DRC government which runs the Kamoto copper and cobalt project near the town of Kolwezi.

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