Congo’s Kabila signs into law new mining code

International mining companies that operate in Congo, Africa’s top copper producer, have vigorously opposed the new law, although Kabila pledged this week to work with them while implementing it.

The law, passed by parliament in late January, replaces an earlier code from 2002. It raises royalties on minerals across the board and removes a clause that protected miners from changes to the fiscal and customs regime for ten years.

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