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Glencore CEO, the South African Gary Nagle.
Glencore CEO, the South African Gary Nagle. © Glencore

Spotlight | DRC
Behind-the-scenes of Glencore's battle to resolve its disputes with Kinshasa

Led by Gary Nagle since last July, the Swiss group, which reported a $5bn net income for 2021, is now practising a policy of amicable settlement to iron out disputes with local and US authorities over its activities in the DR Congo. The group says it is ready to invest locally, rediscuss its royalties and hand over its Tilwezembe mining concession to Gécamines.
LogoSubscribers only Mining 29.03.2022

Guinea
New A-team takes over Mount Nimba iron ore project from disputed Sable Mining

Nimba Development Co has obtained the mining rights on a Guinean iron ore permit previously held by Sable Mining, which was accused of irregular practices in 2016. Several Guinean mining experts are on the Nimba board and management, among them the former head of the Simandou iron ore project and the former managing director of GAC, who is also the daughter of Guinea's transition prime minister.

LogoSubscribers only Mining 22.03.2022

Ivory Coast
Former Chelsea footballer Didier Drogba caught up by old mining debts

Former Chelsea player Didier Drogba and Hamed Bakayoko's ex-right-hand man, Idriss Diallo, are both competing to be the head of the Ivorian Football Federation, yet they were once business partners. They bought shares in Ity gold mine in 2013, and then sold their shares in 2019 to Endeavour without ever fully paying their first owner, the Ivorian parastatal group Sodemi, which is now asking for its dues.

LogoSubscribers only Mining, Business 21.03.2022
Didier Drogba, ex-Chelsea player and candidate for the head of the Ivorian Football Federation.

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