Glencore: Another opaque mining deal in DRC
In February 2015, Glencore´s joint venture with Dan Gertler´s Fleurette Group, Mutanda Mining, acquired a further concession for copper and cobalt mining in the Democratic Republic of Congo. The state mining company Gécamines held 30% of the Kawama concession, while Dino Steel International held the rest. They received $10 million and $20 million respectively for their shares. ... →