RE:I have a kittle tid bit of information. Can't tell you whereMining.con is reporting the threat of industry wide action. Congo must honor their pre existing commitments. There is no point sinking money into a country with no law or respect for private property. Mining companies will have a greater chance of success if they act in concert, like a union threatening strike action. I wonder where the Chinese state owned miners stand on all this? Perhaps this is a negotiating tactic by Kabila to gain more concessions. Make outrageous demands, and then grant "concessions" the government was legally obligated to recognize in the first place. It should be noted he has not yet signed the new law. It can't be that complicated to sign a piece of paper.
Because of of the high grades at both Kamoa-Kakula and Kipushi, increased taxes won't bite as hard as for some of the other miners. The main problem is operational expenses, which are much higher in low grade operations. Increased tax means you have to increase throughput substantially just to tread water. Regardless, the government must honor their signed legal agreements.