Gecamines Backs Glencore Plan to Suspend Congo Copper Output

Updated on
  • State-owned miner confident Katanga will return to profit
  • Carter Center Urges Suspension of Interest Payments on Debt

Workers operate mining excavators to dig oxide ore from the open pit at Katanga Mining Ltd.'s KOV copper-cobalt mine, part-operated by the Kamoto Copper Co., in Kolwezi, Katanga province, Democratic Republic of Congo, on Wednesday, Aug. 1, 2012. XXX.

Photographer: Simon Dawson/Bloomberg

Gecamines SA, the Democratic Republic of Congo’s state-owned copper miner, backed Glencore Plc’s decision to suspend output at Katanga Mining Ltd., rebuffing criticism from the Carter Center that the halt will delay revenue for one of the world’s poorest countries.

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