Congo enforces local ownership rule for copper and cobalt miners

Post Views: 194 Congo enforces local ownership rule Congo enforces local ownership rule for copper and cobalt miners The Democratic Republic of Congo has announced strict enforcement of a long-standing mining ownership rule. The policy requires Congolese employees to hold 5% of mining company share capital. Mines Minister Louis Watum confirmed the directive in a January 30 letter to all mining operators. The ministry published the letter on X and verified its authenticity through an official source. Companies must prove compliance by July 31, 2026, or face regulatory consequences. This decisio...