March 26, 2018 / 10:35 AM / 6 months ago

Congo's 2017 mining revenue up 36 percent while oil revenue doubles

DAKAR (Reuters) - Democratic Republic of Congo’s 2017 mining sector revenue rose 35.6 percent to $822.2 million while revenue from the oil and gas sector jumped by 103 percent to $203.9 million, finance ministry data showed.

Mining revenue in the fourth quarter more than doubled helped by higher prices for key exports such as copper and cobalt, data in a quarterly report seen by Reuters on Monday showed.

Reporting by Aaron Ross; editing by Sofia Christensen and Jason Neely

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