DR Congo: Copper output increases 0.6% in Q3 2016 - Ecofin Agency

Mining

DR Congo: Copper output increases 0.6% in Q3 2016

Tuesday, 29 November 2016 03:27

(Ecofin Agency) - 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

Follow @EcofinAgency

perseus-secures-environmental-permit-for-new-gold-deposit-at-sissingue-mine-in-cote-d-ivoire

Perseus Secures Environmental Permit for New Gold Deposit at Sissingué Mine in Côte d'Ivoire

gemfields-transferred-over-30-of-african-mines-revenues-to-host-countries-in-2023

Gemfields Transferred Over 30% of African Mines' Revenues to Host Countries in 2023

drc-pauses-mining-license-at-zijin-owned-copper-and-cobalt-project-over-radioactivity-concerns

DRC Pauses Mining License at Zijin-Owned Copper and Cobalt Project Over Radioactivity Concerns

cemac-beac-forecasts-economic-growth-at-3-7-in-2025-2027

CEMAC: BEAC forecasts economic growth at 3.7% in 2025-2027

african-lithium-production-to-surge-to-10-of-global-output-in-2024-benchmark

African Lithium Production to Surge to 10% of Global Output in 2024 (Benchmark)

endeavour-mining-ex-pm-of-burkina-faso-tertius-zongo-wants-to-exit-board

Endeavour Mining: Ex-PM of Burkina Faso Tertius Zongo Wants to Exit Board

african-lithium-production-to-surge-to-10-of-global-output-in-2024-benchmark

African Lithium Production to Surge to 10% of Global Output in 2024 (Benchmark)

endeavour-mining-ex-pm-of-burkina-faso-tertius-zongo-wants-to-exit-board

Endeavour Mining: Ex-PM of Burkina Faso Tertius Zongo Wants to Exit Board

cote-d-ivoire-turaco-prepares-for-first-resource-estimate-at-afema-gold-project

Côte d’Ivoire: Turaco prepares for first resource estimate at Afema gold project

ghana-galiano-gold-s-asanko-mine-generated-65-million-in-q1-2024

Ghana: Galiano Gold's Asanko Mine Generated $65 million in Q1 2024

Finance

Libya: Guidry Group about to bag $1.5 bln contract for construction and operation of Susah port

Tunisia: Banque de l’Habitat to issue $12 million of subordinated bond

South African defence group Denel to sell stakes in some of its divisions

Nigeria: Heineken’s subsidiary publishes poor 2018 results

Telecom

Mobile Money users surge by 228.8% in DRC over 3 years

Benin's mobile landscape: 16.3M SIM cards, 8.5M unique subscribers in 2023 – ARCEP

Morocco shortens number portability deadline to spur telecom competition

ICPC World Finals Hosted by AASTMT in Luxor with Huawei as Diamond Sponsor

Public Management

Côte d'Ivoire needs $22bn to combat climate change by 2030 (IMF)

African leaders convene in Abuja to tackle terrorism threat

Burkina Faso set to surpass Mali as fourth largest economy in CFA zone by 2024 (IMF)

Benin: S&P upgrades credit rating after successful international bond issue

Perseus Secures Environmental Permit for New Gold Deposit at Sissingué Mine in Côte d'Ivoire

perseus-secures-environmental-permit-for-new-gold-deposit-at-sissingue-mine-in-cote-d-ivoire

perseus-secures-environmental-permit-for-new-gold-deposit-at-sissingue-mine-in-cote-d-ivoire

Perseus Mining operates the Yaouré and Sissingué gold mines in Côte d'Ivoire. While...

Gemfields Transferred Over 30% of African Mines' Revenues to Host Countries in 2023

gemfields-transferred-over-30-of-african-mines-revenues-to-host-countries-in-2023

gemfields-transferred-over-30-of-african-mines-revenues-to-host-countries-in-2023

Gemfields, a leading producer of rubies in Mozambique and emeralds in Zambia,...

DRC Pauses Mining License at Zijin-Owned Copper and Cobalt Project Over Radioactivity Concerns

drc-pauses-mining-license-at-zijin-owned-copper-and-cobalt-project-over-radioactivity-concerns

drc-pauses-mining-license-at-zijin-owned-copper-and-cobalt-project-over-radioactivity-concerns

Citibank's forecast suggests copper prices could soar to $15,000 per ton by...

Live News

7 days

telecom

Ghana: World Bank pledges support for digital transformation

telecom

Chad: SUDATCHAD commissioned to manage N’Djamena-Adré fiber optics network

public management

Nigeria : Benchmark rate cut to have a minimal impact on economy, Moody's

finance

South African defence group Denel to sell stakes in some of its divisions

public management

Africa’s 2020 military power ranking (GFP)

1 month

public management

Africa’s 2020 military power ranking (GFP)

telecom

Ghana: World Bank pledges support for digital transformation

telecom

Chad: SUDATCHAD commissioned to manage N’Djamena-Adré fiber optics network

public management

Nigeria : Benchmark rate cut to have a minimal impact on economy, Moody's

finance

South African defence group Denel to sell stakes in some of its divisions

3 month

public management

Africa’s 2020 military power ranking (GFP)

agriculture

Angola: Incatema Consulting to develop $73M agro-pastoral project in Cuanza Norte district

public management

Japan to create trade insurance for infrastructure-related exports and loans to Africa

telecom

Ghana: World Bank pledges support for digital transformation

telecom

Chad: SUDATCHAD commissioned to manage N’Djamena-Adré fiber optics network