Kamoto Copper Company to acquire land rights from Gecamines

Kamoto Copper Company (KCC), a 75% subsidiary of Katanga Mining, has agreed to acquire a land package adjacent to its mining concessions from Gecamines for up to USD 250 million. The land includes a site for a new tailings facility and other operational areas.

“KCC will pay up to USD 250 million to acquire the land, the total amount payable being dependent on delivery of title to the various different land areas.”miningfrontier.com

• 1 source
• miningfrontier.comKatanga Mining announces agreement to acquire land rights from Gecaminesyuvraj_MingWPJan 10, 2020

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