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Minmetals Resources Ltd., a subsidiary of China Minmetals Group, agreed to buy Anvil Mining Ltd. for HK$10 billion ($1.3 billion). Anvil's main property is the Kinsevere mine, being upgraded in 2011 to produce about 60,000 tons of copper annually.

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    China Gets Foothold In Africa With Minmetals Anvil Acquisition

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    The Titanium-Mining Scandal. JUKWAA Kenyan Discussion

    Oct 25, 2006The Congo also has a new Mining Code since 2003, which is generally well received as a fair deal for all, with a tax on profits of 30 per cent and royalty of 2.5 per cent on precious metals. The catch is, many of the companies under the new Mining Code have holding companies in tax havens, as well as operating control, making it easy to hide profits offshore.

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    Investor Alerts Frank E. Holmes

    Investor Alerts. it doesn’t help much in the love trade arena where investors lack the Democratic Republic of Congo hopes to triple its current

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