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Congo minister declines to comment on new mining code

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Democratic Republic of Congo’s mines minister Martin Kabwelulu on Wednesday declined to say whether President Joseph Kabila had formally signed a new mining code, which has been fiercely opposed by the industry as it raised royalties and taxes.

“Journalists ask me whether the president has promulgated the code. I won’t answer that question here. The code is with the president,” Martin Kabwelulu told reporters and mining executives at a conference in Cape Town.

Miners operating in the country are up in arms in their fight against the new mining code which, they say constrain investment in the mineral rich nation.

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