Audit reveals DRC mining companies under-reported $16.8bn
Yahoo Financeยท2025-10-09 09:35
A state audit has found that mining companies operating in the Democratic Republic of Congo (DRC) under-reported $16.8bn in revenue between 2018 and 2023, reported Reuters, which has seen the audit report. This discrepancy may have reduced funds meant for government and local communities. As per the 2018 mining code, companies are required to contribute 0.3% of annual revenue to community development funds. The June financial audit, which was carried out by the Court of Auditors, found that the mining co ...