(Bloomberg) -- Gecamines, the Democratic Republic
of Congo's state-owned mining company, said it opposes Central
African Mining & Exploration Co.'s 943 million-pound ($1.92
billion) bid for copper and cobalt producer Katanga Mining Ltd.
Gecamines owns 25 percent of a planned mining venture with
Toronto-based Katanga and is concerned that the project won't go
ahead if the takeover is completed, Victor Kasongo, Congo's vice
minister of mines, said today in an interview from Kinshasa,
Congo's capital.
Read more at Bloomberg Emerging Markets News
of Congo's state-owned mining company, said it opposes Central
African Mining & Exploration Co.'s 943 million-pound ($1.92
billion) bid for copper and cobalt producer Katanga Mining Ltd.
Gecamines owns 25 percent of a planned mining venture with
Toronto-based Katanga and is concerned that the project won't go
ahead if the takeover is completed, Victor Kasongo, Congo's vice
minister of mines, said today in an interview from Kinshasa,
Congo's capital.
Read more at Bloomberg Emerging Markets News
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