Jinchuan and Gécamines find common ground over Ruashi
The Ruashi copper mine partners have managed to find an amicable settlement to their scuffle over unpaid taxes that had led them down a path to arbitration.
Immediately after returning from the Investing in African Mining Indaba week in Cape Town, Albert Yuma Mulimbi, chairman of Gecamines, stuck straight in to turning his threats to revise the state-run firm's mining contracts (AMI 409) into action.
The conflict waging between George Forrest International (GFI) and Congolese state-run firm Gecamines for control of the Lubumbashi slag heap (AMI 391) conceals another, more strategic, tug-of-war. When it had evicted GFI from the slag heap, Gecamines is reported to [.