mining code

Good policy stimulates progress and growth and bad or weak policies on the other hand stifle national development and stunt economic growth.

TSXV-listed Alphamin Resources has completed a US$25 million draw-down under its previously announced credit facility of up to $80 million.

The mining industry in the Democratic Republic of the Congo (DRC) is at a crossroads. Its future is uncertain. However, if both government and investors/mining operators can reach a consensus on the way forward in terms of the new Mining Code and the required compliance, its future will be bright and prosperous.

On 10 March 2018 President Joseph Kabila signed a law that is to substantially amend the 2002 Mining Code of the Democratic Republic of Congo by increasing royalties, taxes and mining companies’ obligations.

Mining industry representatives in the Democratic Republic of Congo are hopeful that their current engagement with civil society, a member of the Mining Code Revision Tri-Partite group and other key interest groups will contribute...

Erroneous media reports that indicate Mali will amend its mining code if mining companies do not make “compromises” have been refuted by gold major B2Gold which owns and operates the Fekola gold mine in...

On 10 March 2018, embattled Congolese President Joseph Kabila signed into law a new mining code that will raise royalties on minerals across the board, as he tries to shore up the support and funding...

TSX-listed Ivanhoe Mines welcomes the commitment made by mining industry representatives and Democratic Republic of Congo President, Joseph Kabila Kabange, to continue productive and mutually advantageous discussions to resolve industry concerns arising from the...

On 7 March 2018, a meeting took place between His Excellency President Joseph Kabila Kabange of the DRC and representatives of the mining industries at their request. The purpose of the meeting was to clarify certain...

The Democratic Republic of Congo / DRC government has announced, after negotiations with the mining industry, that it has dropped initial plans to amend the country’s mining code. The country’s Chamber of Mines has welcomed the...