TSX-listed Ivanhoe Mines welcomes the commitment made by mining industry representatives and Democratic Republic of Congo President, Joseph Kabila Kabange, to continue productive and mutually advantageous discussions to resolve industry concerns arising from the DRC’s 2018 mining code.
The commitment was part of a joint statement issued following a positive and constructive six-hour meeting in the DRC capital of Kinshasa between President Joseph Kabila Kabange, the Honorable Minister of Mines Martin Kabwelulu, senior members of the government and senior executives of international mining companies that have operations in the DRC.
Companies with representation at the CEO-level included China Molybdenum, Glencore and Randgold.
MMG and Zijin Mining had senior executive representation. Ivanhoe Mines was represented by executive chairman Robert Friedland.
The joint statement noted that President Kabila has assured the industry representatives that their concerns about the impacts on their DRC operations that would result from changes to the DRC mining code will be resolved in legally binding mining regulations.