As Cobalt Prices Rise, Congo Raises Pressure on …
Democratic Republic of Congo President Joseph Kabila will soon sign into law a new mining code, the government and the country's mining companies said on Wednesday.
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Mar 22, 2018· After more than five years of negotiations, Congolese President Joseph Kabila has signed into law a new mining code, provoking strong opposition from companies working in the mineral-rich country.
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Democratic Republic of Congo said it would open talks on Friday with mining companies about implementing some of the most contentious provisions in a new mining code that hikes taxes and royalties in the face of objections from industry.
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Yet Congo has had a new mining law in the works since 2012. The current code was introduced in 2002, when large tracts of the country were still occupied by rebels.
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Democratic Republic of Congo said it was convening government experts on Wednesday ahead of talks set to begin on Friday with mining companies about implementing a new mining code that hikes taxes and royalties.
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Mar 03, 2018· Democratic Republic of Congo President Joseph Kabila agreed to meet with international mining company bosses who are resisting proposed industry reforms.
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Mar 10, 2018· The new law, which raises government royalties, was strongly opposed by international companies.
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CAPE TOWN, Feb 7- The Minister of Mines for Democratic Republic of Congo Martin Kabwelulu declined on Wednesday to say whether President Joseph Kabila had signed a new mining code into law that the industry opposes because it will …
Learn MoreCobalt mining for lithium ion batteries has a high …
The Mining industry of the Democratic Republic of the Congo is a ... including Canaf Group Inc. through its 2008 acquisition of diamond mining company New ...
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Democratic Republic of Congo President Joseph Kabila will soon sign into law a new mining code, the government and the country's mining companies said on Wednesday.
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Congo is moving to double taxes on cobalt, a move mining companies warned would inhibit investment in a metal experiencing a boom due to its use in cellphones and electric vehicles. The Central Africa country holds as much as two-thirds of the world's cobalt, putting it at the center of a growing ...
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CAPE TOWN, Feb 7- The Minister of Mines for Democratic Republic of Congo, Martin Kabwelulu, declined on Wednesday to say whether President Joseph Kabila had signed a new mining code into law that the industry opposes because it will …
Learn MoreMining firms are dismayed by a new Congolese mining …
Read the latest DR Congo headlines, on NewsNow: the one-stop shop for DR Congo news. ... Big miners arrive in the DRC to go over new mining code Mining.com 16:40 15 ...
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Workers, including children, labor in harsh and dangerous conditions to meet the world's soaring demand for cobalt, a mineral essential to powering electric vehicles, laptops, and smartphones, according to an investigation by The Washington Post.
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CAPE TOWN, Feb 7 (Reuters) - The Minister of Mines for Democratic Republic of Congo, Martin Kabwelulu, declined on Wednesday to say whether President Joseph Kabila had signed a new mining code into law that the industry opposes because it will raise royalties and taxes. The new code, which ...
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Two major reforms relating to the new Mining Code and Public Private Partnerships have been voted and will be promulgated and applicable shortly in Democratic Republic of Congo …
Learn MoreDR Congo signs new mining law despite companies ...
Mining companies in Democratic Republic of Congo said on Monday that proposed changes to the mining code adopted by the lower house of parliament last week would do lasting damage to investment in Africa's top copper producer.
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At this week's Mining Indaba in Cape Town, executives will look for the Democratic Republic of Congo's mining minister to explain major shifts in royalties and tax policy in the country's mining bill. The bill, approved by parliament and awaiting the president's signature, contains some ...
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Mar 10, 2018· The new law, which raises government royalties, was strongly opposed by international companies.
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Democratic Republic of Congo's mining minister rejects a proposal by mining companies to soften some provisions in the country's new mining code in exchang
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Mining jobs found in Dem. Rep. Congo. Get daily mining job alerts. New mining job vacancies on Careermine.
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Mar 23, 2018· KINSHASA, March 23 (Reuters) - Democratic Republic of Congo's mines minister rejected a proposal by mining companies on Friday to soften some provisions in a new mining code in exchange for higher royalties. Mining companies had said earlier on Friday that they were willing to pay the government ...
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Jan 31, 2018· The Democratic Republic of Congo canceled contract guarantees and hiked a key royalty in sweeping last-minute changes to a mining law that will have immediate financial costs for every mining project in the country. The country's parliament finalized a revised mining code on Jan. 27, after both ...
Learn MoreThe Democratic Republic of Congo deserves a better mining …
New York's Chelsea Market Seeks to ... As Cobalt Prices Rise, Congo Raises Pressure on Western Mining Giants Congo's state-owned miner pushes for re ...
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The Democratic Republic of Congo has moved to increase taxes on mining firms and increase government royalties from the industry despite fierce opposition from international mining companies.
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Ghosh also suggested that it would be better if the mining of this material would be moved closer to the places where they are being produced.
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Mark Bristow says the law will "severely limit the growth of the mining industry in the DRC as well as the country's own economic prospects."
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Democratic Republic of Congo's mines minister rejected a proposal by mining companies on Friday to soften some provisions in a new mining …
Learn MoreCongo's New Mining Code Opens the Door to …
Workers, including children, labor in harsh and dangerous conditions to meet the world's soaring demand for cobalt, a mineral essential to powering electric vehicles, laptops, and smartphones, according to an investigation by The Washington Post.
Learn MoreDR Congo signs new mining law despite companies ...
Mar 03, 2018· Democratic Republic of Congo President Joseph Kabila agreed to meet with international mining company bosses who are resisting proposed industry reforms.
Learn MoreMining industry of the Democratic Republic of the Congo ...
New York's Chelsea Market Seeks to ... As Cobalt Prices Rise, Congo Raises Pressure on Western Mining Giants Congo's state-owned miner pushes for re ...
Learn MoreAs Cobalt Prices Rise, Congo Raises Pressure on …
Mar 23, 2018· KINSHASA, March 23 (Reuters) - Democratic Republic of Congo's mines minister rejected a proposal by mining companies on Friday to soften some provisions in a new mining code in exchange for higher royalties. Mining companies had said earlier on Friday that they were willing to pay the government ...
Learn MoreCongo's Kabila to sign new mining code soon after …
Feb 02, 2018· Two major reforms relating to the new Mining Code and Public Private Partnerships have been voted and will be promulgated and applicable shortly in Democratic Republic of Congo (DRC).
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