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
-
Cameroon Raises CFA159bn From Local Banks With Afreximbank Guarantee
03:18
-
Lomé Hosts Veterinary Experts from 14 Countries for EISMV Governance Talks
03:07
-
Health Minister Reveals Fake Drugs Worth Over 369 million FCFA Impounded in 2025 First Half
02:45
-
Government, UN Fund Launch 26 billion FCFA Drive to Eliminate Toxic Industrial Pollutants
02:42
-
Agro-Food and Wood Industries Lift Cameroon’s Manufacturing Cost by 0.6% in Q2 2025
20:11
-
Google, AfCFTA Launch Program to Equip 7,500 African SMEs with AI and Digital Trade Skills
20:10
-
TCS, Sybyl, Partner With iXAfrica as part of Sovereign Cloud Infrastructure in East Africa Drive
20:02
-
MTN Group Claims 301M Customers, With fintech Transactions soaring 38% to $342B
19:59
-
Singita Injects $102m Into Santa Carolina as Private Capital Steps In After Mozambique’s Post-Election Disruptions
19:54
-
Togo Opens Global Entrepreneurship Week With Push for Inclusive Growth
19:49
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...
Germany to provide €49 million ($56.7 million) to support ECOWAS projects. Funds target peac...
Madagascar is going through one of the most turbulent periods in its recent political history. After...
The program will empower 7,500 African SMEs with AI and digital trade skills to boost cross-border business growth. It aligns with AfCFTA goals to...
TCS, Sybyl, and iXAfrica signed an MoU to establish sovereign cloud infrastructure in Kenya and East Africa. TCS provides AI-powered cloud...
MTN Group reached 301.3 million customers across 16 markets, highlighting its expansive footprint in Africa. Fintech transaction value surged 38.0% to...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...
The Okapi Wildlife Reserve, located deep within the Ituri Forest in the northeastern Democratic Republic of Congo, stands as one of the Congo Basin’s most...