#Bloomberg: #Congo to Enforce Local Ownership Rule for #Copper, #Cobalt Miners
Democratic Republic of Congo will enforce a long-dormant rule requiring local employee ownership for mines in a move that may rebalance shareholdings in some of the world’s biggest copper and cobalt producers. In a letter dated Jan. 30 and addressed to miners of all metals in the country, Mines Minister Louis Watum said firms must demonstrate that 5% of their share capital … Continue reading #Bloomberg: #Congo to Enforce Local Ownership Rule for #Copper, #Cobalt Miners
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