COPPER
The Democratic Republic of Congo’s Mines Ministry said it wouldn’t oppose a transfer of ownership in the country’s biggest copper and cobalt producer, marking a departure from previous actions to block or tax changes in shareholding structures. Glencore said last week it’s considering increasing its 69% stake in the Mutanda Mining project, also known as Mumi. The rest is owned by Israeli billionaire Dan Gertler’s Fleurette Group.
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