Congo's public revenues from mining sector nearly double in 2018

By Reuters / April 03, 2019 / www.mining.com / Article Link

Democratic Republic of Congo's mining sector paid $1.57 billion in revenues to the government last year, up 91 percent on 2017, finance ministry data showed on Wednesday.

Public revenues from the oil and gas sector fell by 19 percent in 2018 to $165.6 million, according to the data.

Mining production in Congo, Africa's top copper producer and the world's leading miner of cobalt, a key component in electric car batteries, rose sharply last year.

(By Aaron Ross; Editing by Susan Fenton)

Recent News

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok