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Congo's Kabila to meet companies over mining code revision

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LEGISLATIVE ENVIRONMENT
Democratic Republic of Congo President Joseph Kabila will meet mining company representatives on Tuesday to discuss a mining code revision awaiting his signature that would raise taxes and royalties, the mines minister said. The bill was adopted by parliament late in January but the industry has been lobbying Kabila not to sign it, saying it would discourage investment and violate existing agreements.
 
 
 
 
 

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