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Few winners in DRC code overhaul

Recent changes to the Democratic Republic of Congo’s mining code are likely to chase Western investment from the country and do little to alleviate longer-term political pressures for embattled president Joseph Kabila.

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The legislation would impose a "super-profits tax" of 50% if prices rise by 25% above those used in a mine's feasibility study, while a previous contract stabilisation clause has been removed from the