Democratic Republic of Congo tells mining companies to relocate
Lubumbashi — The Democratic Republic of Congo told local units of Glencore, China Molybdenum, Ivanhoe Mines and four other mining companies to relocate their head offices as newly demarcated provinces fight over tax revenue and control of mineral projects.
https://www.businesslive.co.za/bd/w...-of-congo-tells-mining-companies-to-relocate/
Glencore Cobalt Supplies in Congo Face Hold Up Over Mine Row
“Gecamines has blocked our access stating that it believes we have exceeded the limits set in our contract,” Forrest said in an interview April 15 in Lubumbashi. “It’s simply not true. Despite our requests Gecamines provided no evidence for their calculations.”
https://www.bloomberg.com/news/arti...pplies-in-congo-face-disruption-over-mine-row
Why was this project so cheap again?
Ann: Quarterly Activities Report and Appendix 5B, page-8
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