Congo miners stare into abyss after commodities slump

LUBUMBASHI, Democratic Republic of Congo – At a mining conference in Democratic Republic of Congo’s mining capital, Lubumbashi, last month, government officials and mining company executives huddled around two big tables, brainstorming how to save a failing copper mine.

The mine was fictional but the scenario was all too real: Africa’s leading copper producer has shed thousands of mining jobs this year after global commodities prices tumbled, and analysts say further retrenchment is likely – Reuters



About Nelly Niyonzima

For Africa, International Relations, Geopolitical Trends and Strategic Issues.
Gallery | This entry was posted in Africa Economy, Industry Sector and tagged , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s