The commission appointed to draft the regulations required for the Democratic Republic of Congo's (DRC) new mining code hascompleted its work and will now report back to the Minister of Mines, major international mining companies active in the country said.
According to industry representatives, the minister will then work with the inter-ministerial commission ahead of presenting the new code to government for approval. A legal and technical team representing Randgold Resources, AngloGold Ashanti, Glencore plc, Ivanhoe Mines, Gold Mountain International/Zijin Mining Group, MMG (PTY) Ltd, Crystal River Global Ltd and China Molybdenum Co Ltd (CMOC) has been in the DRC to negotiate with the government since mid-March. The industry team participated actively in the process and influenced several regulations arising from...