On March 29, executives with mines operating in the Democratic Republic of Congo (DRC) submitted a formal proposal to the country’s Minister of Mines Martin Kabwelulu that is designed to address concerns about the recently revised mining code as well as the government’s revenue needs. The executives represented more than 85% of the DRC’s copper, cobalt and gold production and the most significant development projects, including Randgold Resources, Glencore, Ivanhoe Mines, Gold Mountain International/ Zijin Mining Group, MMG Ltd., Crystal River Global Ltd. and China Molybdenum Co. Ltd. (CMOC) and AngloGold Ashanti.
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