Congo to Enforce Local Ownership Rule for Copper, Cobalt Miners

Democratic Republic of Congo will enforce a long-dormant rule requiring local employee ownership for mines in a move that may rebalance shareholdings in some of the world’s biggest copper and...

By Michael J Kavanagh · Bloomberg Markets

Democratic Republic of Congo will enforce a long-dormant rule requiring local employee ownership for mines in a move that may rebalance shareholdings in some of the world’s biggest copper and cobalt producers.