Glencore, Randgold form group to challenge Congo law changes

Glencore and Randgold Resources are among major mining companies in the Democratic Republic of Congo clubbing together in a bid to stop sweeping legal reforms, claiming their interests were poorly served by the existing industry body. In a letter sent to Congolese President Joseph Kabila on February 8 and seen by Bloomberg, investors requested a meeting “to once again put forward our positions” about changes to the mining code approved by lawmakers January 27.