DR Congo
Current and comprehensive mining and industrial, market data and investing news in Congo DRC.
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IMF board approves $368 million credit to boost Congo’s Reserves
The executive board of the International Monetary Fund agreed Monday to a $368.4 million credit facility to boost Democratic Republic Congo’s falling reserves.…
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Glencore’s Glasenberg says successor could be in place next year
Glencore could announce a new CEO next year once a new team is in place after a transition process starting…
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Corruption, child-labor risk in Congo’s cobalt industry, OECD warns
Companies mining and buying copper and cobalt from the Democratic Republic of Congo must do more to fight corruption and…
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AngloGold Ashanti posts 21% profit jump helped by Kibali JV
AngloGold Ashanti Ltd reported a 21% rise in interim earnings on Thursday as a solid performance from its Kibali joint…
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Glencore plans to shut giant cobalt and copper mine in Congo
Glencore Plc is planning to halt production at one of the world’s biggest cobalt mines after prices for the battery metal…
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Glencore feels pain of Africa risk, cobalt price fall
Miner and trader Glencore on Wednesday said its African copper business had failed to perform as expected and faced a…
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Mining Week tone is good news for DRC, says SRK
A positive mood and good attendance at last months’ DRC Mining Week 2019 held in Lubumbashi, Democratic Republic of Congo,…
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Congo’s swing producers turn to copper after cobalt meltdown
Production of hand-dug cobalt in the Democratic Republic of Congo is poised to drop sharply after prices tumbled, prompting many…
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