DRC: What Democratic Republic of Congo’s Mining Reform Means for Africa

Mar 20, 2018 | Stephen Yeboah, BBN Times
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The Democratic Republic of Congo (DRC) has undertaken a bold reform in its mining sector. This month, DRC’s its president Joseph Kabila signed into law a new mining code that increases royalties and taxes that mining companies pay. This happened even in the face of strong objections from international mining companies operating in DRC: Glencore, Randgold, China Molybdenum and Ivanhoe.