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DRC enacts law to hike tax on minerals

KINSHASA - DR Congo President Joseph Kabila enacted a law to hike taxes on so-called strategic metals and ordered government consultations with foreign companies worried by the change, an official said...

13 Mar 2018

DRC president vows 'constructive dialogue' over mining levy

KINSHASA - DR Congo President Joseph Kabila has promised to have "constructive dialogue" with mining companies worried over plans to hike taxes on so-called strategic metals...

12 Mar 2018

Cobalt prices soar, but Congo's small miners see little of the gain

KOLWEZI - In global markets the price of cobalt, a mineral used in batteries for high-tech products from iPhones to Tesla electric cars, has nearly tripled to $81,500 a tonne in two years...

23 Feb 2018

Deja vu for SA as mines boss decries DRC's unilateral resources code

For a CEO who has spurned SA and its uncertain regulatory environment, changes in the mining code of the Democratic Republic of Congo (DRC)...

By Allan Seccombe 13 Feb 2018

DRC revises mining code to make most of battery-driven cobalt boom

As demand for batteries drives a surge in the price of cobalt, the Democratic Republic of Congo is gearing up to overhaul its mining regulations to harvest more profit from the coveted metal...

18 Jan 2018

Amnesty warns companies on child labour in DRC cobalt mining

Leading technology and electric car companies have been accused of failing to ensure minerals used in their products are not mined using child labour...

17 Nov 2017

Digging in the DRC

Those who think that mining companies sit idly over rich resources and reap fat profits from them should think again...

By Charlotte Mathews 30 Oct 2017

Benedict Peters and the Nigerian economic recovery

Nigeria-based oil and energy conglomerate Aiteo is creating a new paradigm for the oil industry in Africa. The company recently made news for its successful purchase of OML 29, a massive onshore oil block license, which will drastically increase its output...

By Boris Dzhingarov, Issued by Monetary Library 5 Oct 2017

SA companies explore opportunities in Tunisia, Algeria

A delegation of South African companies is currently on a trade and investment mission in Tunisia and Algeria, where they are exploring export markets...

3 Oct 2017

DRC mining on the up

The rising copper price will see renewed mining interest in the Democratic Republic of Congo (DRC)...

27 Sep 2017

New mine set to double DRC's tin exports

When it reaches full capacity, the Alphamin Bisie tin mine will deliver 10,000 tonnes of tin per year, doubling the DRC's export of the commodity.

24 Aug 2017

Glencore questioned over fatalities, unions and environment

Glencore fielded a number of questions from shareholders, trade unionists and environmentalists at its AGM including several about the 16 fatalities last year...

By Charlotte Mathews 25 May 2017

Conflict-free gold project moves forward in DRC

The Just Gold project, a system to trace legal and conflict-free artisanal gold has moving from the pilot stage...

19 May 2017

DR Congo miners upset at US 'conflict mineral' rules

In the lush hills of eastern DRC, miners complain that recent US rules against "conflict minerals" have bitten into their meagre income...

5 May 2017

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