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It is even harder to swallow when one puts what Glencore gives back to Zambia in perspective. Mopani spent 10m on social projects last year, against first-half revenue up 81 per cent to 380m.
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Accordingly, KCC borrowed money from other companies of the Glencore Group, at rates excessively high rates, in total contradiction with the Congolese Mining Code provisions. ADDH also highlights a US 22.1 million gap between the amount of the tax on profits for 2014, which was declared to the Extractive Industries Transparency Initiative ...
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2012-7-903062012 Zambias Mining Sector Set To Boom, Says Deputy Mines Minister 03062012 First Quantum Zambia workers end strike 03062012 Defence Delegation in Zambia 03062012 UPDATE 1-Zambia shuts polluting Glencore copper plant 03062012 Put interest of Zambians first, Government urged
Glencores announcement last month that it would pay 534m to Mr Gertler to buy him out from their shared prize assets in the DRC two giant copper mines is designed to insulate the London-listed mining cum trading behemoth from the fallout of a widening corruption investigation involving the Israeli businessman, say people who have ...
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2019-3-26Metalor is also investigated for participating in organized crime and money laundering from illicit gold deals Ojo Pblico, Peru, 14 March 2019 The Metalor Group was the exclusive importer of gold from illegal mining, sold or shipped by Minerales del Sur SRL Minersur in the period from 2001 to 2018 in the amount of more than US 3.5 ...
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