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India

China Molybdenum Co Ltd (603993.SS)

603993.SS on Shanghai Stock Exchange

6.28CNY
12:29pm IST
Change (% chg)

¥-0.02 (-0.32%)
Prev Close
¥6.30
Open
¥6.36
Day's High
¥6.43
Day's Low
¥6.26
Volume
77,269,681
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172,709,604
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¥9.80
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¥4.77

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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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