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Gécamines starts legal proceedings to dissolve Katanga’s Kamoto Copper Company

By:  
Creamer Media Social Media Editor & Senior Writer
 
COPPER / COBALT
State-owned La Générale des Carrières et des Mines (Gécamines), TSX-listed Katanga Mining’s joint venture (JV) partner in the Kamoto Copper Company (KCC), in the Democratic Republic of Congo (DRC), has begun legal proceedings to dissolve KCC. This follows KCC’s failure to address its capital deficiency by the December 31, 2017, deadline.
 
 
 
 
 

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