Mining

DR Congo: 2013 ITIE report records USD 1.8 billion of contribution from the mining sector

Friday, 21 August 2015 16:25

Companies operating in the mining and oil sector, paid about USD 1.8 billion to the Congolese state, according to a 2013 ITIE report on this country with a huge potential attracting big mining and oil&gas companies.

The Katanga province is said to have collected USD 1.2 billion coming, for the most part from the mining sector which represents 70% of this particular sector in DR Congo. It is followed by the Kongo-Central province which collected, through the oil sector about USD 464 million, 20% of revenues. Some USD 62 million was collected in the Orientale province, against USD 20 million coming from the other provinces.

For the year under review, copper leads in the mining production ranking with a volume of 919,500 metric tonnes of copper.

On the same topic
State company DRC Gold Trading aims to collect 15 tonnes of artisanal gold in 2026, far above volumes declared in recent years. The company plans to...
Egypt offers oil storage facilities on the Red Sea to international companies as disruptions halt traffic through the Strait of Hormuz. The SUMED...
Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households received compensation payments Project linked to...
PETROSEN denies social media claims of imminent fuel shortage Company says Senegal’s fuel supply chain operating normally Warning comes amid global...
Most Read
01

Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...

Ethiopia’s State-Owned Telco Teams Up With Ericsson to Expand and Upgrade Its Network
02

The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...

BCEAO Cuts Key Rate to 3.00% as WAEMU Faces Deflation
03

Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...

Nigeria Advances Banking Reform With Strong Recapitalization Progress
04

EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...

EIB Commits €1 Billion to Renewable Energy Under Africa’s “Mission 300” Initiative
05

Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...

Senegal Launches $360 Million Regional Bond Sale
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.