DRC’s Mining Exports Drop on Global Markets
The general trend of the main mining products exported from the Democratic Republic of Congo on international markets is downward during the period from August 7 to 12, 2023.
According to projections by the National Commission of Mercurials of the Ministry of Foreign Trade, products such as tin, gold and tantalum should experience a drop in price this week.
Tin is expected to trade at $28,671 per ton versus $28,820 per ton last week, down $148.
As for gold, its price should be around 63.48 USD per gram this week against 63.61 USD per gram last week, a drop of 0.13 USD.
Tantalum should trade this week at 320.75 USD per Kg against 324.60 USD per Kg last week, a negative price difference of 3.85 USD.
During the period under analysis, copper and zinc should see a slight rise in market prices respectively to 8,613 USD per tonne against 8,504 USD per tonne last week, an increase of 109 USD.
Zinc is expected to trade at $2,519 per ton this week versus $2,404 per ton the previous week, giving a positive price differential of $114.
Cobalt and silver ore are expected to remain stable this week in international markets at USD 32,730 per tonne and USD 0.80 per gram respectively.
