[miningmx.com] – GECAMINES, the state-owned copper producer in the Democratic Republic of Congo (DRC), may consider listing its shares, Bloomberg News reported.
“We’re in the process or raising financing and I think soon, in a maximum of two years,’ Gecamines may go public,” said Mbangu Mwangal, head of research and planning.
“The certification will allow us to be more transparent in terms of reserves,’ said Mwangai who was speaking at the iPad mining and infrastructure conference in Lubumbashi in the DRC’s mineral-rich Katanga province.
“To go on the stock market you must be credible, you must respect your engagements, and you must respect all the contracts of your partners,’ Moise Katumbi, the governor of Katanga, told the conference in response to Mwangal’s remarks.
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