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Africo Resources Ltd.
Africo Reaches Agreement with Gecamines and the DRC Government in respect of Kalukundi
February 20th, 2009
Africo Resources Ltd ("Africo") announced that, following the conclusion of the Mining Review, it has reached agreement with La Generale des Carrieres et des Mines ("Gecamines") and the Government of the Democratic Republic of Congo on the amended terms governing the Kalukundi property. The Kalukundi property is located in the Katanga Province in the southeast of the DRC. The mineral rights to Kalukundi are held by Swanmines Sprl. ("Swanmines") in which Africo holds a 75% interest and Gecamines, the remaining 25%. Africo has concluded and signed the amendment agreement to the "Contrat De Creation de Societe Swanmines" (the agreement for the creation...
Source: Health Business Week (2009-02-20)
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