Congo suspends cobalt trade in key province on virus

President John Magufuli has also ordered the mining ministry to freeze the renewal of expired permits.

The two new laws allow the government to force mining and energy companies to renegotiate their contracts.

The company also evacuated all of its employees at Namoya mine after trucks belonging to a contractor were caught in crossfire between soldiers and a local self-defence militia.

Only five out of the 19 illegal workers believed to have been at the pit when the accident happened have been rescued since Sunday.

Two of them are foreign firms.

Endeavour pays 48% premium to acquire Avnel Gold and its "shovel ready" Kalana project in Mali.

The funds from Beijing would contribute towards building 1,400 km of a planned 4,000 km railway network, which would connect bauxite mines and production sites.

It now expects to produce at least 180,000-210,000 ounces of gold this year at Kışladağ, which brings Eldorado's full-year guidance down from 365,000-400,000 ounces to 315,000-365,000 ounces.

The firm, a joint venture between De Beers and the southern Africa country's government, plans to extend the lifespan of its Jwaneng mine beyond 2024.