Kinshasa — A Democratic Republic of Congo (DRC) court suspended proceedings initiated by state-owned mining company Gecamines to dissolve a unit of Glencore Plc until at least next month. The commercial court in Kolwezi, in south-eastern DRC, ordered the suspension while it awaits a ruling by the supreme court on its competence to hear the case, Françoise Kena wa Tshimanga, a lawyer for Kamoto Copper (KCC), said by phone on Tuesday. Katanga Mining, which controls KCC, obtained a decision from the supreme court on May 4 allowing it to challenge the Kolwezi court’s competence, Katanga said in a statement on Tuesday. The supreme court’s first hearing is scheduled for June 15, according to the statement. Gecamines president Albert Yuma didn’t answer his phone when Bloomberg called and Glencore declined to comment. Gecamines sought the dissolution of KCC last month over what it says was Glencore’s failure to address a capital shortfall at the company for more than a decade. KCC, which op...
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