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The Democratic Republic of Congo's state miner is broadening a push to extract more from its copper and cobalt joint ventures, seeking to negotiate for higher stakes across the board to gain leverage...
DR Congo state miner wants more local executives on boards governing joint ventures to have a greater say in how assets are managed.
Gecamines has expressed a firm intention to acquire certain copper and cobalt assets from Eurasian Resources Group (ERG), reported Reuters.
Congo state miner Gecamines said it has made a firm proposal to buy some of Eurasian Resources Group's copper and cobalt assets in the country in a bid to claw back projects owned by partners...
Congo's state mining group Gecamines said it will push to secure the rights to buy copper and cobalt at mines it has holdings in, as it attempts to build its own stocks and trade the metals....