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
-
European consortium leads bid to build Kribi bitumen plant
05:16
-
Sambiani Yobe Takes Over As Head Of Togo Bar Association
05:14
-
Caledonia Mining plans $162.5mln Zimbabwe gold investment in 2026
05:02
-
Gabon uses civil service capacity to secure oil and gas revenues
04:59
-
Senegal lifts 4% export tax to revive peanut shipments in 2025-26
04:56
-
UNCTAD sees Africa growth edging up to 4% in 2026 despite inflation risks
04:49
-
Nathanael Yao Builds E-Commerce Platform for Abidjan’s Local Merchants
19:11
-
WattWallet Expands Digital Access to Prepaid Electricity in South Africa
19:06
-
Uganda: Essymart Digitizes Smallholder Farming
18:57
-
Okugo Uche Ayodele Bets on Remote Inspections to Cut Insurance Fraud
18:48
Development Partners International sold its 20.17% stake in Atlantic Business International for mo...
Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...
Ivory Coast expects a new government after the prime minister and cabinet resigned following Decem...
African startups raised about $3.1 billion in 2025, up from $2.2 billion in 2024, accord...
Senegal has removed a 4% tax on peanut exports for the 2025/2026 season. Authorities aim to export 300,000 to 450,000 tons after sharp declines in...
UN forecasts Africa growth at 4% in 2026 and 4.1% in 2027 after 3.9% in 2025. East Africa to lead growth, while Central and Southern Africa lag...
Functional literacy links reading, writing, and numeracy to daily economic activity. About 32% of sub-Saharan Africa’s population remains illiterate as...
EIB Global invested $80 million in RMBV North Africa III, becoming the fund’s anchor investor The fund targets more than $300 million in...
Located at the mouth of the Senegal River, about twenty kilometers from the Atlantic Ocean, Saint-Louis Island holds a distinctive place in the country’s...
Benin considers hosting a pan-African cultural event inspired by FESMAN but plans to use a different name. Culture Minister Jean-Michel Abimbola...