Congo tin tax deal close

Tin exporters in the Democratic Republic of Congo may have reached an agreement with the government on a new taxation system to end a six-week dispute that has halted exports from the main producing areas. Congo’s Finance Minister is expected to sign a joint...

Congo traders resist higher taxes

Shipments of tin concentrates from DR Congo have been restricted in recent weeks as local traders have refused to pay higher taxes, according to Bloomberg News. Congo’s customs and excise office, or Ofida, are taxing nearly 11 percent on $14 per kilogram of tin...

Tin smelter for Uganda

German-based Deutsche Rohstoff and Bergbau Mining Company has started smelting copper in Uganda at a revived plant in Jinja, a company official told Dow Jones, and treatment of tin oxide ores is expected to start before the end of this month. Two furnaces at the plant...

US senators propose ban on DR Congo linked products

Two US senators, Sam Brownback (Republican-Kansas) and Dick Durbin (Democrat-Illinois) are introducing legislation which would require certification of minerals imported from the Democratic Republic of Congo. “We are witnessing a grave humanitarian crisis in...

Congo minister calls halt on mining

The Democratic Republic of Congo has banned tin mining in the Walikale district of North Kivu, the largest tin producing region of the country. Mines Minister Martin Kabwelulu told reporters in the provincial capital Goma yesterday that all mining in the district was...

Kivu conflict disrupts DR Congo exports

The escalating conflict between government and rebel forces in North Kivu has disrupted supplies of tin concentrate from DR Congo, according to Bloomberg News. Congo deployed 6,000 troops to North Kivu in July amid increasing tensions between the government and rebel...