DRC threatens probe as First Quantum dispute escalates

Democratic Republic of Congo (DRC) Minister of Mines Martin Kabwelulu Labilo said on Tuesday that the government planned to investigate suspected financial misconduct by Canada-based First Quantum Minerals. Spokesperson for the DRC government,...

First Quantum shares drop

Shares in First Quantum Minerals fell almost 12% in Toronto on Tuesday, after the Supreme Court in the Democratic Republic of Congo ruled that some rights for two of the company's mines were awarded illegally. Rights awarded for the Lonshi and...

Metorex, DRC conclude mining review negotiations

The Congolese subsidiary companies of JSE-listed diversified miner Metorex have concluded negotiations with the authorities in the Democratic Republic of Congo (DRC) regarding the country's title review process. The DRC had reviewed and...