DR Congo
Current and comprehensive mining and industrial, market data and investing news in Congo DRC.
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Business
Glencore cites trade as its ‘foremost risk’, others rising
Miner and trader Glencore said trade barriers are its “foremost risk”, but climate, political, legal and other risks had become…
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Business
Glencore’s 2018 earnings rise, announces $3 billion share buyback plan
Glencore said on Wednesday it would buy up to $3 billion worth of its shares as higher pricing and production…
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Business
Congolese mining company leaves ITSCI certification scheme over cost
Congo’s biggest miner of coltan, an ore that is the source of metals used in mobile phones, says it is…
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Commodities
China’s Zhejiang Huayou to invest $147 million in copper project in DRC
China’s Zhejiang Huayou Cobalt Co will invest $147.2 million to build a copper project in Democratic Republic of Congo (DRC),…
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Business
Glencore’s Katanga pays $22 million to settle Canada regulator probe
Glencore-controlled Katanga Mining Ltd said on Tuesday it agreed to pay more than $22 million to settle Canadian allegations of…
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Business
Canada fines Glencore mining unit for Congo risks, WSJ reports
Glencore Plc’s Katanga Mining division has agreed to pay more than $22 million to Canada’s biggest stock market regulator amid…
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Finance
Cobalt’s star fades for Glencore traders
From riding high on cobalt’s boom, Glencore Plc traders are feeling the heat as falling prices and reneged contracts put…
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Commodities
Congo plans to audit Glencore unit’s cobalt over uranium levels
The authorities in Democratic Republic of Congo will audit the supply chain for Glencore’s Kamoto project next week to determine…
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