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Congo’s Gecamines offers to buy some of Khazakh miner ERG’s copper assets

Congo’s Gecamines offers to buy some of Khazakh miner ERG’s copper assets

Congo state miner Gecamines said it has made a firm proposal to buy some of Eurasian Resources Group's copper and cobalt assets in the country in a bid to claw back projects owned by partners and build reserves in metals key to the green transition. The Democratic Republic of Congo's mining unit wants to buy three of the Khazakh miner's assets in the country and has funds to finance the purchase, Robert Lukama, the chairman of Gecamines told Reuters. Lukama declined to name the projects or mines Gecamines wants to buy but said the company is targeting three of ERG's…
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