Democratic Republic of Congo collected $1.21 billion in revenues from its mining sector over the first nine months of 2018, an increase of 147.4 percent over the same period last year, finance ministry data showed, quoted by Reuters news agency.
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Democratic Republic of Congo’s state mining company blamed international investors and anti-corruption activists for the country’s lack of progress despite its vast mineral wealth.
Read MoreMining companies in the Democratic Republic of Congo told the government it will lose more than $3 billion over a decade and face legal action if plans to implement a new industry code proceed.
Read More(Reuters) – Commodities trader Trafigura has signed an offtake agreement for cobalt hydroxide running to December 2020 with Shalina Resources and its subsidiary Chemaf, based in the Democratic Republic of Congo (DRC), Chemaf said in a statement on Wednesday.
Read MoreThe oil-exporting countries should see their public accounts move from surplus to deficit in 2015 because of the decline in tax revenues resulting from the reduction in oil prices, the International Monetary Fund considers.
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