Cobalt, zinc, tin and Gold prices up this Week 1Mining in DRC Battery Metals Copper Gold 

Cobalt, zinc, tin and Gold prices up this Week

The main mining products exported from the Democratic Republic of Congo (DRC), in particular cobalt, zinc, tin and gold, should register a slight price increase on the international market for the period from February 6 to 11, 2023. C

This is what the National Commission for Mercurial Prices of the Ministry of Foreign Trade indicates in its weekly report on the evolution of the prices of mining and agricultural products and forest menus in the Democratic Republic of Congo (DRC).

According to this structure, cobalt should be trading this week at 48,324.00 USD per ton against 48,318.00 USD a week ago, a surplus of +6 USD.

Also slightly up, zinc should go from 3,422.05 USD per tonne to 3,458.45 USD per tonne this week on the international market, a positive difference of around +36.4 USD.

According to this data, tin should register a significant increase this week to 30,847.50 USD this week against 29,317.00 USD last week, an increase of the order of 1,530.5 USD.

Gold also recorded a slight rise in price this week to 62.28 USD per Kg against 62.16 USD per Kg a week earlier, generating a slight increase of around +0.12 USD.

Experts from the National Mercurial Commission are projecting a price increase for tantalum which should trade this week at 380.00 USD per Kg against 371.00 USD per Kg last week, a positive difference of +9 USD.

During this period, the bad operation is observed for copper and silver which should respectively fall to 9,221.40 USD per ton this week against 9,265.15 USD per ton last week, a slight drop in price. order of -43.75 USD per ton and at 0.77 USD per Kg for silver this week against 0.79 USD per Kg a week earlier.

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