The Porgera mining lease is set to expire on August 16, 2019.
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The Canadian miner briefed Félix Tshisekedi during his official state visit to Washington, D.C.
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“Without the security of an extended mining lease, it would be difficult to justify further significant investments in the mine,” a statement by the Canadian miner reads.
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The project encircles the Taldybulak Levoberejnyi Mine, which was recently built by Zijin and contains 3.2 million ounces in reserves and resources at a grade of 7.2 g/t.
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China’s No.1 gold miners aims to sell up to 3.4 billion A shares to investors, a plan which is subject to shareholder and regulatory approval.
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