DRC mining licences made official - CAMEC

19 May 2009 @ 03:56 am EDT

CAMEC said the terms of a joint venture agreement with state-owned miner Gecamines covers all outstanding points and includes a royalty payment to Gecamines of 2.5 percent of turnover from CAMEC's licences in the DRC on a quarterly basis.

For more mining information, go to www.mineweb.com

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