—The following article is from African Yellow and Black 

The current Mining Code of the Democratic Republic of the Congo was revised in 2018.

Four years later, the implementation of the Mining Code has achieved positive results, but mining companies have also raised many difficulties.Federation of Congolese Enterprises（FEC）On October 18-20, the Mining Association organized all parties in the mining field to evaluate the new Mining Code, aiming to create conditions for possible revision in 2023.In fact, the law provides the possibility of revising the Mining Code after five years of implementation. One year before the deadline, the Confederation of Congolese Enterprises convened various stakeholders in the mining sector（Government, relevant ministries, non-governmental organizations and mining companies）To discuss the overall plan. The participants should reflect on the problems that are not conducive to the mining industry, the significant progress that has been made, the challenges that need to be addressed and the changes that may be made if necessary. The theme of the forum is"Mining activities and challenges in the Democratic Republic of the Congo: an assessment of the 2018 revised Mining Code”，This is an opportunity for the Association to strengthen its influence in mining decision-making. Significant progress made by the Mining Code in 2018

Chairman of the Mining Association of the Congo Enterprise ConfederationLouis Vatum reviewed the significant progress made since the implementation of the Mining Code in 2018. For example, Congo (DRC) collects international funds, levies special taxes on excess profits, increases the share of the state in the company's capital from 5% to 10%, and companies controlled by Congolese (DRC) are exclusively subcontracted. When establishing mining companies, at least 10% of Congolese (DRC) natural persons are required to participate, and 60% of the export income is returned to China.Louis Vatum also mentioned the less glamorous side of the revised Mining Code.Although there are high-quality strategic mineral resources pursued by all developed economies in the world, it is observed that,Since the implementation of the Mining Code in 2018, the Democratic Republic of the Congo has been unable to attract new investors for geological exploration.National Chairman of the Federation of Congolese EnterprisesAlbert Yuma said that the country had benefited from the special taxes brought by the extremely high prices. He wondered whether this had improved the daily life of the Congolese people for a long time? Albert Yuma also wants to know whether this is finally just a small episode in the difficulties that our compatriots experience in daily life. When the price returns to the value we have experienced for a long time, these difficulties will reappear. For the chairman of the Federation of Congo Enterprises, this forum must disclose all illegal situations, regardless of which party is involved, and must reach agreement on different topics. Albert Yuma believes that this means the correct application of the Mining Code in order to secure the full interests of all parties.