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
-
Nigeria, Finland sign digital cooperation MoU on cybersecurity, infrastructure
03:05
-
Ghana, Colombia Sign Port Partnership to Expand Trade Between Africa and Latin America
03:02
-
Tanzania, Austria Agree on $34.8 Million Projects in Education, Security, Technology
02:52
-
Nigeria’s fuel import bill falls by $4 billion in 2025 as refining capacity expands
02:37
-
Cameroon Commits to New IMF Program as Budget Support Becomes Critical
20:09
-
Cemac Banks Seek More Liquidity as BEAC Offer Falls Short of Demand
19:27
-
Cocoa Prices Edge Up in Cameroon but Fall Far Short of Government Targets
19:18
-
Cameroon Targets $40 Million in Revenue with New Phone Import Tracking System
19:15
-
U.N. mission assesses Togo’s counter-terrorism efforts
18:19
-
Oman explores Togo opportunities amid Africa investment ambitions
18:04
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Four years after Russia’s 2022 invasion of Ukraine, the fertilizer market is facing a new shock as m...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
Côte d’Ivoire raises 110bn CFA francs, meeting full target Investor demand hits 291bn CFA fra...
Deal covers digital infrastructure, cybersecurity, innovation and skills development Agreement builds on prior talks, aligns with European digital...
Agreement targets logistics efficiency, customs, infrastructure modernization Partnership aims to boost trade, though current volumes remain...
Austria will fund initiatives via concessional loans, including Zanzibar education upgrades Partnership aligns with Austria’s Africa strategy as...
International tennis tournaments in Gaborone attracted over 7,000 visitors and supported more than 200 seasonal jobs Tourism accounts for about...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...