Africo's ex-shareholders take on Och-Ziff… and the DoJ!
As predicted by Africa Mining Intelligence (AMI 405), on 20 February a group of ex-shareholders in the mining company Africo [...]
As Africa Mining Intelligence revealed (AMI 404), a group of former shareholders of Canadian junior Africo Resources, which previously owned the Katanga copper project Kalukundi, is preparing to file for damages in the US against American hedge fund Och-Ziff Capital [. [...]
The government holding company ZCCM-IH (Zambia Consolidated Copper Mines-Investments Holdings) is going to shortly announce its financial results - nine months behind schedule - and they are sure to show just how hard the plunge in the copper price has [. [...]
The recent postponement of a seismics survey on Total’s block 3 in the Ituri region conceals a fierce struggle between the local authorities and the much-weakened central government in Kinshasa. The episode underscores the multitude of logistical, political and security [. [...]