Copper miner Tiger Resources plans to exit the Democratic Republic of the Congo (DRC) after securing a deal to offload its assets to a Hong Kong investment firm for $US260 million ($325 million).
Copper miner Tiger Resources has appointed Brad Sampson as the company’s chief executive officer and managing director.
Western Australia based company Vector Resources has completed the acquisition of the Maniema gold project in the Democratic Republic of Congo (DRC).
Freeport McMoRan has sold its largest holdings in Africa to China Molybdenum for more than US$2 billion.
One of the world’s newest, largest gold mines, officially opens in the Democratic Republic of Congo.