https://www.engineeringnews.co.za

Congo mining revenues triple in Q1; oil revenues down 11%

6th June 2018

By: Reuters

  

Font size: - +

DAKAR – Democratic Republic of Congo's (DRC's) revenues from its mining sector tripled year-on-year in the first quarter of 2018 to $397.86-million, finance ministry data showed.

Revenues from the oil and gas sector dropped 10.87 percent year-on-year in the first quarter to $29.45-million, according to the data.

Congo is Africa's top copper producer and the world's leading miner of cobalt. It also produces about 25 000 barrels per day of oil along its Atlantic coast.

To watch Creamer Media's latest video reports, click here
 

Edited by Reuters

Comments

Latest News

Sasol petrol station
Macroeconomic factors dampen Sasol’s year-to-date performance
Updated 1 hour 16 minutes ago By: Marleny Arnoldi

Showroom

Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.057 0.111s - 170pq - 2rq
Subscribe Now