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    cobalt investing

    $88 Million in Mining Taxes Unaccounted for in DRC: Watchdog Group

    Investing News Network
    Apr. 16, 2013 08:47AM PST
    Battery Metals

    Reuters reported that an anti-corruption campaign is accusing tax authorities in the DRC of failing to account for $88 million in taxes from the mining sector.

    Reuters reported that an anti-corruption campaign is accusing tax authorities in the DRC of failing to account for $88 million in taxes from the mining sector.

    As quoted in the market report:

    Congo has attracted international firms including Freeport-McMoRan, Glencore and Randgold to mine its rich copper, cobalt and gold deposits, but remains one of the most corrupt countries on earth.

    To view the whole Reuters report, click here. 

    cobalt investing
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