Mining

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

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