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Zijin Mining signs landmark agreement to transfer an additional 15% interest in the Kamoa-Kakula copper project to the government of the Democratic Republic of Congo

Fasken
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Confidential Client

On November 18, 2016, Zijin Mining Group Co., Ltd. announced that it, and its’ joint venture partner, Ivanhoe Mines Ltd., had signed a landmark agreement with the Government of the Democratic Republic of Congo to be a prominent partner in the development of the Kamoa-Kakula Copper Project. By acquiring an additional 15% interest, the Government of the Democratic Republic of Congo increases its’ interest in the Kamoa-Kakula Copper Project to 20%. Fasken represented Zijin Mining Group Co., Ltd., with a team that included Michael Boehm, Lei Huang and Dan Su.

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