Congo’s state-owned mining firm, Gécamines SA, is pushing to renationalize the Central African nation’s rich natural resources, in a move that could roil some of the world’s largest mining companies and have implications for industries ranging from technology to auto production. Gécamines Chairman Albert Yuma Mulimbi told The Wall Street Journal that Congo—Africa’s biggest copper and cobalt producer, but also one of the world’s poorest countries, with an annual budget of roughly $5 billion—hadn’t benefited enough from its...

Source: Wall Street Journal February 06, 2018 17:55 UTC