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25th May 2012
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IDC asks SA government to assist in DRC Kolwezi saga
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Address to refer:
http://www.miningweekly.com/article/idc-asks-sa-government-to-assist-in-drc-kolwezi-saga-2010-07-06
Article Headline:
IDC asks SA government to assist in DRC Kolwezi saga
Abstract:
South Africa's State-owned Industrial Development Corporation (IDC) has asked the government to step in to protect the Democratic Republic of Congo (DRC) mine that was "expropriated" from copper-miner First Quantum last year - the IDC owned a 10% stake in the mine. IDC resources executive Ufikile Khumalo tells Mining Weekly Online that South Africa and the DRC have a trade and investment agreement that could be employed to facilitate the return of the $765-million Kolwezi tailings project.
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