DR Congo’s mining revenues triple in 6 months

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The Democratic Republic of Congo says its revenues from the mining sector nearly tripled in the first half of 2018 over the same period last year to $864.61 million.

According to the country’s Finance Ministry who disclosed this in its quarterly report, revenues from the hydrocarbons sector, declined by a third to $67.75 million.

The two sectors together account for roughly 95 percent of Congo’s export revenues.

Congo is Africa’s leading copper producer and the world’s top miner of cobalt, which is prized for its use in electric batteries.

Peace PIAK