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Congo’s Kabila to Meet Mining Bosses to Discuss New Code

  • Meeting to focus on overhaul of mining-industry legislation
  • Companies have objected to new code, which will raise taxes

Democratic Republic of Congo President Joseph Kabila agreed to meet with international mining company bosses who are resisting proposed industry reforms.

Mines Minister Martin Kabwelulu invited senior officials from Randgold Resources Ltd., Glencore Plc, China Molybdenum Co., Ivanhoe Mines Ltd., MMG Ltd., Zijin Mining Group Co. and AngloGold Ashanti Ltd. to an audience with Kabila on March 6, according to a letter sent Friday and seen by Bloomberg.