Friday, July 13, 2007

Gecamines seeks advice on Camec bid for Katanga

(Reuters) - State-owned Democratic Republic of Congo miner Gecamines said on Friday it had sought legal advice on whether its contracts with Katanga Mining Ltd would be affected by a proposed takeover by Camec.

Katanga controls a partnership between Gecamines and Kinross-Forrest Ltd (KFL) formed to restart production at a Kamoto mine through a company called Kamoto Copper Co (KCC), Gecamines said in a statement.


Read more at Reuters Africa

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