1. Home
  2. Africa
  3. DRC
  • News

Mineral production hit by war

Mineral production in the DRC, already under threat due to a lack of investment, is facing lean times as a result of the war, the Economist Intelligence Unit predicts. The eastern Kasai-based Societe miniere de Bakwanga (Miba) has been able to only marginally increase its already meagre revenue to US $1.4 million in the first six months of 1998 from US $1.1 million over the same period in 1997. Due to the fall in international prices, oil revenue slumped from US $36.4 million in the first six months of 1997 to US $9.9 million over the same period in 1998.

This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

Share this article

Get the day’s top headlines in your inbox every morning

Starting at just $5 a month, you can become a member of The New Humanitarian and receive our premium newsletter, DAWNS Digest.

DAWNS Digest has been the trusted essential morning read for global aid and foreign policy professionals for more than 10 years.

Government, media, global governance organisations, NGOs, academics, and more subscribe to DAWNS to receive the day’s top global headlines of news and analysis in their inboxes every weekday morning.

It’s the perfect way to start your day.

Become a member of The New Humanitarian today and you’ll automatically be subscribed to DAWNS Digest – free of charge.

Become a member of The New Humanitarian

Support our journalism and become more involved in our community. Help us deliver informative, accessible, independent journalism that you can trust and provides accountability to the millions of people affected by crises worldwide.

Join