Glencore's Prize Cobalt Miner Is Bogged Down Deeper in Congo

Photo of Glencore's Prize Cobalt Miner Is Bogged Down Deeper in Congo
Facebook
VKontakte
share_fav

A Caterpillar Inc. mining truck leaves for the processing plant after collecting newly-excavated ore from the open pit at Katanga Mining Ltd.'s KOV copper and cobalt mine in Kolwezi, Katanga province, Democratic Republic of Congo, on Wednesday, Aug. 1, 2012. Israeli billionaire Dan Gertler, whose grandfather co-founded Israel's diamond exchange in 1947, arrived in Congo in 1997 seeking rough diamonds. Since those early days, Gertler has invested in iron ore, gold, cobalt and copper as well as agriculture, oil and banking.

view Bloomberg Politics
#cash flow
#lseglen
#torkat
#simon tuma-waku
#interest rates
#debt
#materials
#metals mining
#taxes
#bonds
#consumer discretionary
#fixed income
#monetary policy
#law
#commodity futures
#futures markets
#personal finance
#infrastructure