COMMENT: Gécamines’ anger and the audit that will ensue

Dec 16, 2011 | 11:23 AM |

Gécamines ceo Kalej Nkand made three clear points in his interview with Metal Bulletin on December 15 as he talked about the Democratic Republic of Congo’s (DRC’s) plans for the future, and dissatisfaction with the current state of affairs. First, that Gécamines does not believe it has benefited as it expected from its joint ventures with international mining partners. Second, that one of the functions of the mining audit it will undertake is to produce the cash Gécamines needs if it is to fulfil its goal of becoming....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center