First Independent Mena Newspaper
A state audit in the Democratic Republic of Congo has uncovered a staggering $16.8 billion discrepancy in mining revenue declarations between 2018 and 2023, raising serious concerns about transparency and accountability in one of Africa’s richest resource nations. According to the Court of Auditors’ June report, mining companies declared $98.2 billion in revenue to tax […]
The Democratic Republic of Congo (DRC), the world’s top cobalt producer, has extended its export ban on the metal for an additional three months, intensifying its grip on a turbulent global market. The extension, announced Saturday (21 June) by the strategic minerals regulator ARECOMS, comes as prices remain depressed and cobalt stockpiles high. Originally imposed […]