Reuters reported that international investors are wary, following news from the Democratic Republic of Congo’s intention to increase its interest in new mining projects by 30 percent. This pledge follows a similar plan to increase federal involvment in the mines recently made public by Kenya.
As quoted in the market report:
Congo — which holds rich deposits of copper, tin, cobalt and gold — is reviewing its ten-year-old mining laws after the government said it wanted to increase receipts from the sector. The new law is expected early next year.