RCA: suspension of the activities of a Chinese company for non respect of mining texts
This decision comes after a visit of the Minister of Mines, Léopold Mboli Fatrane, on July 21, 2018 in the locality of Yaloké located 225 km from Bangui. He noted that “the Chinese company exploits gold and diamonds, whereas it is only holding a license to search for these resources”.
According to the same source, “the company does not comply with the mining regulations and for the transition from a research permit to the exploitation one, it should have required the prior authorization of the mining administration”.
An announcement that will surely delight the Central African mining artisans who often denounce the non-compliance of legal texts by foreign companies.
However, HW-LEPO has a chance to resume its mining operations in CAR, as long as it complies with all the formalities required by the mining legislation of the country.
