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Randgold tries to head off DRC code changes

London-based miner Randgold Resources (LN:RRS) says it is engaging with the Democratic Republic of Congo government to try to prevent the enactment of a new mining code that CEO Mark Bristow describes as “draconian”.

Randgold tries to head off DRC code changes Randgold tries to head off DRC code changes Randgold tries to head off DRC code changes Randgold tries to head off DRC code changes Randgold tries to head off DRC code changes

Engaging with government at high level to prevent "draconian" changes

The new code was passed by both houses of parliament last week but is yet to be signed by DRC president Joseph Kabila into law, Randgold said yesterday.

Miners will face higher royalties...

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