• Short Summary

    PRODUCTION BY THE UNION MINIERE DE HAUT-KATANGA HAS, IT SEEMS, BEEN LARGELY UNAFFECTED BY THE MATTERS OF HIGH POLICY OPERATING DURING THE RECENT DISPUTE BETWEEN BELGIAN AND CONGO KINSHASHA MINING INTEREST.

  • Description

    PRODUCTION BY THE UNION MINIERE DE HAUT-KATANGA HAS, IT SEEMS, BEEN LARGELY UNAFFECTED BY THE MATTERS OF HIGH POLICY OPERATING DURING THE RECENT DISPUTE BETWEEN BELGIAN AND CONGO KINSHASHA MINING INTEREST. IN LUMUMBASHI, EUROPEANS AND CONGOLESE CONTINUE TO CO-EXIST IN THEIR USUAL GOOD HUMOUR.

    EXPORTS OF COPPERS WERE SURROUNDED IN DECEMBER WHEN THE BRUSSELS-BASED UNION MINIERE REFUSED TO MOVE ITS HEADQUARTERS TO THE CONGO. AGREEMENT HAS SINCE BEEN REACHED BETWEEN THE CONGOLESE STATE CONTROLLED COMPANY GECOMIN AND THE SOCIETE GENERALE DES MINERAIS DE BELGIQUE (SGM) - A SUBSIDIARY OF UNION MINIERE- UNDER WHICH SGM WILL RECEIVE A FOUR-DAY-AND-A-HALF PER CENT COMMISSION ON ALL SALES. SGM WILL SUPPLY GECOMIN WITH A PROCESSING AND MARKETING SERVICE FOR COPPER AND OTHER KATANGESE MINERALS, UNDER THE CONTRACT WHICH IS TO LAST THREE YEARS, WITH A TWO-YEAR PERIOD OF NOTICE AT THE END. SINCE THE DISPUTE BEGAN THERE HAVE BEEN RUMOURS THAT THE UNION MINIERE WOULD CLOSE ITS DOORS BECAUSE THE BELGIAN TECHNICIANS WERE SAID TO BE READY TO LEAVE KATANGA. A CONGOLESE OFFICIAL IN KINSHASHA, HOWEVER, IS REPORTED TO HAVE CLAIMED THAT SUCH RUMOURS ORIGINATED IN FINANCIAL CIRCLES WHICH WISHED "TO EXTEND A NEW FORM OF COLONIALISM IN THE COUNTRY."

  • Tags

  • Data

    Film ID:
    VLVAAGO1PY1PY6NVD498XQ43UWESU
    Media URN:
    VLVAAGO1PY1PY6NVD498XQ43UWESU
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    25/02/1967
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:00:59:00
    Time in/Out:
    /
    Canister:
    N/A

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