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U.S. Welcomes Virtus Minerals’ Acquisition of Chemaf Assets as Strategic Step in DRC Mining Sector 44 Mining in DRC Cobalt Copper Corporate News Mergers & Acquisitions 

U.S. Welcomes Virtus Minerals’ Acquisition of Chemaf Assets as Strategic Step in DRC Mining Sector

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Virtus Minerals’ Chemaf Deal Marks U.S. Return to DRC Mining and Critical Minerals Push, Says Washington The acquisition of Chemaf Group’s mining assets in the Democratic Republic of Congo by U.S.-based Virtus Minerals continues to draw strong support from Washington, where officials view the deal as a strategic milestone in strengthening American engagement in the global critical minerals sector. Jacob S. Helberg, U.S. Under Secretary of State for Economic Affairs, described the transaction as a significant development for both the United States and the DRC, framing it as part of… Read More Here
DRC Mining Week 2026 Highlights Push for Greater Women’s Inclusion in Mining Sector 45 Mining in DRC Events & Expos 

DRC Mining Week 2026 Highlights Push for Greater Women’s Inclusion in Mining Sector

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DRC Mining Week 2026 Calls for Stronger Women Participation in Mining Through Finance, Leadership and Policy Reform The 2026 edition of DRC Mining Week in Lubumbashi emphasized the need for a more structured and inclusive approach to women’s participation in the extractive industry. The discussion took place during the “Women – Mines & Leadership” forum, co-organized by FONAREV and MMG Kinsevere. The forum brought together representatives from mining companies, women leaders in the sector, financial institutions, entrepreneurship organizations, universities, and public agencies to explore ways of strengthening women’s involvement across… Read More Here
DRC Government Orders Relocation of Fuel Depots from Residential Areas in Kinshasa 46 Mining in DRC Oil & Gas Petroleum 

DRC Government Orders Relocation of Fuel Depots from Residential Areas in Kinshasa

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Kinshasa Fuel Depots to Be Moved to N’sele as DRC Strengthens Safety and Modernizes Hydrocarbon Infrastructure The Congolese government has launched a major initiative to reorganize petroleum product storage in Kinshasa, aiming to improve urban safety and modernize the country’s hydrocarbon supply chain. During an inspection visit to the communes of Kalamu and Limete, Minister of State for Hydrocarbons Acacia Bandubola announced that fuel depots currently operating in residential neighborhoods will be relocated to a dedicated storage zone in the commune of N’sele. Operators affected by the measure have been… Read More Here
TFM Calls for Stronger Energy-Mining-Academia Collaboration to Support DRC’s Mining Growth 47 Mining in DRC Corporate News Energy Events & Expos 

TFM Calls for Stronger Energy-Mining-Academia Collaboration to Support DRC’s Mining Growth

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Tenke Fungurume Mining Urges Integrated Energy Strategy to Sustain DRC Mining Expansion Tenke Fungurume Mining (TFM) has called for closer cooperation between the government, mining companies, and academic institutions to address the energy challenges facing the Democratic Republic of Congo’s mining sector. Speaking on June 19, 2026, during a panel discussion on energy constraints in mining, TFM’s Director of External Relations, Hugo Sinza, stressed that reliable energy supply is essential for sustainable industrial development. “Without energy, there is no sustainable mining industry,” Sinza said, noting that mining operations depend entirely… Read More Here
Mission 300 Brings Electricity to Over 50 Million Africans, Accelerating Toward 2030 Target 48 Electricity Energy International 

Mission 300 Brings Electricity to Over 50 Million Africans, Accelerating Toward 2030 Target

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Over 50 Million Africans Gain Electricity Access Under Mission 300, World Bank and AfDB Report The World Bank Group and the African Development Bank (AfDB) announced on June 16, 2026, that more than 50 million people across Africa have gained access to electricity under Mission 300, a flagship initiative launched in 2024 aiming to connect 300 million people by 2030. According to the two institutions, the program is now progressing at nearly twice the pre-launch pace, driven by investments across the full energy value chain, from generation to last-mile household… Read More Here
Kinshasa Faces Major Road Infrastructure Gap as Government Accelerates National Development Projects 49 Infrastructural Development Mining in DRC 

Kinshasa Faces Major Road Infrastructure Gap as Government Accelerates National Development Projects

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Kinshasa Has Only 1,000 km of Developed Roads Despite Need for 6,000 km, Says Infrastructure Minister KINSHASA – The Democratic Republic of Congo’s capital is facing a significant shortage of road infrastructure, with only a fraction of the urban road network required to support its rapidly growing population. According to Minister of Infrastructure and Public Works John Banza, Kinshasa currently has approximately 1,000 kilometers of developed roads, compared to an estimated requirement of 6,000 kilometers. This means that only about 17% of the city’s road infrastructure needs have been met.… Read More Here
Zambia’s ERB Approves 32 Energy Licences and K4.5 Billion Investment in Power, Fuel, and Renewables 50 Mining in Zambia Energy Infrastructural Development 

Zambia’s ERB Approves 32 Energy Licences and K4.5 Billion Investment in Power, Fuel, and Renewables

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Zambia Energy Sector 2026: ERB Approves 32 Licences, K4.5 Billion Investment in Solar, Fuel Stations and Infrastructure The Energy Regulation Board (ERB) has approved 32 new energy licences, 16 construction permits, and multiple licence amendments, unlocking investment commitments worth approximately K4.5 billion (US$253 million) for energy infrastructure and service delivery in Zambia. Speaking during a media briefing on Thursday, ERB Public Relations Manager Namukolo Kasumpa said the approvals covered the electricity, renewable energy and downstream petroleum sectors, reflecting continued expansion across the country’s energy value chain. She said the decisions… Read More Here
DRC Mining Export Prices Decline Across Key Commodities as Global Market Weakens 51 Mining in DRC Copper Gold Nickel Tin 

DRC Mining Export Prices Decline Across Key Commodities as Global Market Weakens

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DRC Mineral Prices June 2026: Gold, Copper, Nickel and Zinc Fall While Tin Rises Slightly The Democratic Republic of Congo (DRC) recorded a broad decline in the international prices of several key mining exports between June 15 and June 20, 2026, according to official price data published by the Ministry of Foreign Trade. The downward trend affected a wide range of strategic commodities, including precious metals and industrial minerals that form a significant part of the country’s export earnings. Precious and base metals under pressure Gold prices declined from $145.75… Read More Here
Glencore Emphasizes Local Impact, ESG Standards and Sustainable Mining at DRC Mining Week 2026 52 Mining in DRC Events & Expos 

Glencore Emphasizes Local Impact, ESG Standards and Sustainable Mining at DRC Mining Week 2026

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DRC Mining Week 2026: Glencore Highlights 98% Local Workforce, ESG Compliance and Sustainable Mining Strategy in the DRC At the 21st edition of DRC Mining Week in Lubumbashi, Glencore’s leadership in the Democratic Republic of Congo highlighted the company’s focus on human development, ethical mining practices, and long-term sustainability across its operations. Speaking in her capacity as sponsor of the event, Marie-Chantal Kaninda, President of Glencore DRC and Chairperson of Kamoto Copper Company (KCC), emphasized the group’s commitment to embedding its activities within local communities through skills development, employment, and… Read More Here

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