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DRC blocks mining exports

The grinding circuit
at the Kamoto copper/
cobalt project in the DRC
 
Kinshasa, DRC — MININGREVIEW.COM — 04 February 2010 – Authorities in the Democratic Republic of Congo (DRC) province of Katanga have carried out a threat to block exports of mining companies which are deemed not to have backed local agriculture projects.

Revealing this here, provincial agricultural minister Barthelemy Mumba Gama told Reuters in a telephone interview that sixteen companies had been banned from exporting their production.

Reuters reports that Gama cited Kamoto Copper Company (KCC) “’ a joint venture between Toronto-listed Katanga Mining and the Congolese state “’ as one of the companies affected by the ban. KCC runs the Kamoto copper and cobalt project near the town of Kolwezi.

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