Mining Companies Threaten Legal Action Over DRC Mining Code -FT

Date : 05/31/2018 @ 3:16PM
Source : Dow Jones News
Stock : Randgold Resources Limited ADS Each Represented BY One Ordinary Share (GOLD)
Quote : 87.83  2.38 (2.79%) @ 11:48PM

Mining Companies Threaten Legal Action Over DRC Mining Code -FT

Randgold Resources Limited ADS Each Represented BY One Ordinary Share (NASDAQ:GOLD)
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--Eight mining companies are threatening legal action against the Congo government, claiming the country has ignored their concerns that its new mining code will raise royalties, the Financial Times reports.

--The FT said it has seen a letter to President Joseph Kabila signed by the companies, including Glencore PLC, AngloGold Ashanti, China Molybdenum and Randgold Resources.

 

Full story: on.ft.com/2J0PGXZ

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

May 31, 2018 11:01 ET (15:01 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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