mardi 22 octobre 2013

DRC natural resources press review of Tuesday, October 22, 2013

The decision of Gécamines to sell its shares in the Kamoto copper mine returned in the columns of some newspapers . This is the case of the Phare newspaper titles "Mines Kamoto : Gécamines tries to explain the process " According to the newspaper , citing a statement issued by Albert Yuma, the chairman of the board of Gecamines . " sale of its shares in Kamoto is consistent with strategic Development Plan 2012 - 2016 of Gécamines whose main objective is to reposition the company as the world's largest copper producer and implies that the company refocus on core assets in which the Company holds a majority interest . "

" Gécamines suspicions of corruption around the mining project transfer ," announces the Manchette newspaper which is based on some passages from a statement by the British NGO Global Witness newspaper. " While Gecamines did not inform the State of the possibility of a sale of KCC is extremely alarming ." According to the newspaper , " Global Witness is concerned that Gécamines is proving to be a financial black hole at the heart of the Congolese mining system."

On another matter , the Prospérité newspaper reports that in a new report , the ADB has multiple opportunities for shale gas in Africa. " Many African countries are rich in oil shale potentially viable that they were exploited could lead to a drop in gas prices , a wider use of natural gas, reducing emissions of greenhouse gas emissions in for energy production and economic benefits , " the newspaper reports .

Like every Monday, the Prime Minister chaired the meeting last Monday strategic Troika , the Avenir newspaper says, in relation to natural resources, states that " compared to last week , the prices of major raw materials exported the DRC have experienced divergent trends .: The copper price has appreciated slightly by 0.84 % to USD 7,171.50 per tonne against USD 7112.00 As in cobalt, it continued to decline and stood at USD 30,539.25 USD 30,759.75 per tonne against . regarding petroleum products , the price of the barrel is down on both the London market than New York. " 18 October 2013, prices ranged USD 110.15 ( -0.88 %) and $ 100.87 ( -0.89 %), respectively in the two markets . For agricultural products , the behavior of the euro-dollar exchange had a positive impact on the prices of major grain products quoted in euros. October 17 , 2013, they are located at USD 15.42 ( 1.25 % ), USD 686.50 ( 0.15 %) and $ 163.05 ( 0.97 %) for rice, wheat and corn.

The Congolese News Agency (ACP ) reports that the National Assembly plenary session examined Monday in second reading for adoption , two bills concerning particular system of special economic zones in the Democratic Republic of Congo and laying down rules the terms and conditions to rescue the domestic industry at risk.

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