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.

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