The country concentrates about 10% and 30% of the world’s copper and cobalt reserves in the former Katanga province in South-eastern DR Congo.In 2015, Katanga hwas been split into four provinces (Haut-Lomami, Haut-Katanga, Tanganyika, and Lualaba). The newly created provinces, namely Haut-Katanga and Lualaba, are included in the so-called copper-cobalt belt, the cornerstone of the country’s industrial mining activities. Since 2015, the copper-cobalt has experienced a severe crisis due to a drop in base metals prices. It is the second crisis compared to the crisis resulting from the global financial crisis in 2008-2009. As a result, mining companies (Gecamines SA and its partners) have reviewed their strategies. Most of them have temporarily suspended their operations. For instance, Glencore Plc, a Swiss commodities trading company, hasd suspended activities of Kamoto Copper Company (KCC) in September 2015 for 18 months. According to the mining chamber of the Federation des Entreprises du Congo (FEC), a significant reduction of mining output has been noticed in the copper-cobalt belt leading to about 13,000 job losses among mining companies and their sub-contractors. Overall, the mining sector’s crisis in Haut-Katanga and Lualaba has negatively impacted the provincial and national economies, including public finance. It has contributed to deepening the social crisis in the copper-cobalt belt. Also, it has participated in further deteriorating the country’s business climate. In such context, in 2016, the Government decided to halt the review of the 2002 mining code , whereas the draft mining law was already sent to the parliamentary session since mid-March 2015.