DRC mining revenueCaught an interesting number in the Mining.com article about todays meeting. DRC gov't budget is about $5B per year, for a country of 84 million people. Just think how important the mining code changes are in terms of government revenue. If they can get this to work and not scare off the mining industry, they could easily double the revenue base. The stakes are clearly high, and it is hard to begrudge this. I think we will see a negotiated way forward for IVN and other companies. According to the article, RF was not mentioned among the CEOs present.
In Canada or the US, $5B is a rounding error for the latest political money gaffe.