DRC: Frontier Security Founder Erik Prince Registers Mining Subsidiary in DRC

Jun 14, 2019 | David McKay, Miningmx
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Erik Prince, the founder of controversial security company, Blackwater, and who said earlier this year he planned to raise $500m to develop mines in Africa, has registered a subsidiary in Democratic Republic of Congo (DRC) with a mandate to extract minerals and timber and conduct financial operations, said Reuters citing corporate filings.