Chinese conglomerate Citic Metal Co. agreed to purchase a 20 percent stake in a Congolese mining firm, Ivanhoe Mines Ltd., for $555 million, making Citic Ivanhoe's largest shareholder, Bloomberg reported June 11.

Congo: China Purchases Shares of Copper Mine

Chinese conglomerate Citic Metal Co. agreed to purchase a 20 percent stake in Ivanhoe Mines Ltd. for $555 million, making Citic the largest shareholder of Ivanhoe, Bloomberg reported June 11.

Congo: China Purchases Shares of Congolese Copper Mine

Democratic Republic of the Congo

China

Economics

Energy

Commodities: A Cautionary Tale

China in Transition

Chinese conglomerate Citic Metal Co. agreed to purchase a 20 percent stake in a Congolese mining firm, Ivanhoe Mines Ltd., for $555 million, making Citic Ivanhoe's largest shareholder, Bloomberg reported June 11. 

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Congo: China Purchases Shares of Copper Mine

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