DR Congo: Copper output increases 0.6% in Q3 2016
Tuesday, 29 November 2016 03:27
The Democratic Republic of Congo produced in the third quarter of 2016, 268,393 tons of copper, thus 0.6% more than in Q3 2015.
The news was announced by the Central Bank which highlighted that despite the increase, copper output over the past three quarters has slumped 10% compared to 2015, to 734,643 tons.
According to the financial institution, the 10% slump was caused by global copper prices slumping, pushing various mines to stop production.
DR Congo is Africa’s leading copper producer.
Louis-Nino Kansoun
Live News
-
Ghana Courts Chinese Investors to Accelerate Palm Oil Expansion
14:42
-
Namibia Sets Up Task Force as Foot-and-Mouth Disease Spreads Across Southern Africa
14:23
-
Mabruk Oil Field Returns as Libya Pushes Toward 1.6 Million Bpd Goal
13:57
-
Morocco, Portugal Formalize Data Protection Cooperation Amid AI Surge
13:44
-
AfDB enters Saviu II as a limited partner with €6.5M, targeting underfinanced tech startups in Francophone Africa
13:39
-
DRC Moves to Reinforce Online Regulation Amid Rapid Internet Growth
13:36
-
Senegal Police Step Up Meta Cooperation to Tackle Rising Cybercrime
13:33
-
Zoyk Pay Founder Clive Nabale Pushes Unified Digital Payments Across Africa
13:27
-
Import Substitution: Local Initiative Urges Artisan Bakeries to Prioritise Homegrown Flour, Slash Wheat Import Bill
08:43
-
Cameroon Approves Kribi Canoe Project Under Import-Substitution Plan
08:11
Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...
BOAD says sovereign bond purchases are liquidity management Member states accelerate borrow...
Ghana aims to attract Chinese capital to develop its palm oil sector and move toward self-sufficiency. The government plans a $500 million...
Namibia launched a national Task Force and a Support Fund to protect its livestock sector from foot-and-mouth disease (FMD). South Africa...
On February 27, 2026, AfDB's board approved a €6.5M investment in Saviu II — €4.5M in equity and €2M first-loss via the EU's Boost...
Afreximbank increases CARICOM financing ceiling from US$3 billion to US$5 billion to accelerate regional transformation and value...
Rwanda’s capital immediately impresses visitors with its striking cleanliness and orderly layout, qualities that frequently set it apart from other cities...
More than 500 media leaders gathered in Nairobi on Feb. 25–26 for the fourth African Media Festival under the theme “Resilient Stories: Reinventing...