Business and policy
Robert Friedland, executive chairman of Ivanhoe Mines, and Lars-Eric Johansson, CFO, have announced that CITIC Metal, a wholly-owned subsidiary of CITIC Limited, has agreed to make a major investment acquiring a significant 19.9% stake in Ivanhoe Mines.
Negotiations are ongoing with government agencies – Gécamines, Ivanhoe Mines partner at Kipushi and Société Nationale des Chemins de Fer du Congo, the DRC's national railway company – and potential project financiers to advance agreements to launch commercial production at Kipushi.
The Democratic Republic of Congo’s president Joseph Kabila has signed the revised Mining Code into legislation, largely disregarding concerns and issued raised by key mining stakeholders.
Platinum Group Metals
Having just reached a depth of 750 m below surface at Ivanplats’ 64% owned Platreef Shaft 1 project, the company is only 33 m...
A legal and technical team representing major mining companies operating in the Democratic Republic of Congo (DRC) has arrived in Kinshasa for engagement with...
The Democratic Republic of Congo’s (DRC) president Joseph Kabila on Friday signed the revised Mining Code into legislation – just two days after government...