Congo's 2017 mining revenue up 36% while oil revenue doubles

By Reuters / March 26, 2018 / www.mining.com / Article Link

DAKAR, March 26 (Reuters) - Democratic Republic of Congo's 2017 mining sector revenue rose 35.6 percent to $822.2 million while revenue from the oil and gas sector jumped by 103 percent to $203.9 million, finance ministry data showed.

Mining revenue in the fourth quarter more than doubled helped by higher prices for key exports such as copper and cobalt, data in a quarterly report seen by Reuters on Monday showed.

(Reporting by Aaron Ross; editing by Sofia Christensen and Jason Neely)

Recent News

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok