Congolese state miner Gécamines suspends legal proceedings against China Molybdenum to facilitate independent resolution of royalty payment dispute

On 28 March 2022, the DRC announced the suspension (by mutual agreement) of Gécamines’ legal actions against China Molybdenum – actions which culminated in the Lubumbashi Commercial Court in Democratic Republic of Congo ordering the appointment of a temporary administrator to run the Tenke Fungurume mine on 28 February 2022.