Red Rock mulls potential investment in DRC copper/cobalt tailings project

Aim-listed Red Rock Resources (RRR) has entered into a conditional agreement with private Isle of Man company Cobalt Blue to acquire an interest in a new joint venture company (JVCo) that will be established for the exploitation of four copper/cobalt tailings properties near Kolwezi, in the Democratic Republic of the Congo (DRC). JVCo will hold the rights to exploit the Kamirombe 1 and 2, Haute Kalumba and Basse Kalumba tailings properties.