DRC: First Copper from Congo-China Deal Due by Year End - Government

May 21, 2015 | Aaron Ross, Reuters
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A joint venture between Democratic Republic of Congo's state miner and two Chinese companies, signed under a 2009 "minerals for infrastructure" deal, will begin producing copper before the end of 2015, Congo's government said on Thursday. Under the deal Chinese companies pledged to build $3 billion worth of roads, railways, schools, and hospitals in return for a 68 percent stake in a joint venture operating copper plants with state miner Gecamines in the southern Katanga province.