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India

China Molybdenum Co Ltd (3993.HK)

3993.HK on Hong Kong Stock

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UPDATE 1-Congo's Gecamines wants to revise contracts with mining partners

* Foreign investors raise concern about new mining law (Updates with comments from interview, Ivanhoe reaction)

Congo's Gecamines wants to revise contracts with mining partners

CAPE TOWN, Feb 5 Democratic Republic of Congo's state mining company Gecamines said on Monday it wanted to renegotiate contracts with its international partners this year to give the state a bigger share of the revenues.

Factbox: Assets on the block in the mining sector

Big mining companies, restored to health following the 2015-16 price crash, are seeking to rationalise their portfolios and acquire assets in line with heightened focus on the best quality minerals and anticipated demand for battery materials.

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