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The DRC & ZMB’s Top Mining News Platform
Mining Stories to Kick Start Your Week
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KoBold Metals, a Berkeley-based mining and artificial intelligence (AI) start-up backed by Bill Gates and Jeff Bezos, has raised $537 million…
KoBold Metals, a Berkeley-based mining and artificial intelligence (AI) start-up backed by Bill Gates and Jeff Bezos, has raised $537 million in its latest funding round. This Series C round values the company at $2.96 billion and was co-led by existing investor T. Rowe Price and Durable Capital Partners. Other participants included Gates’ Breakthrough Energy Ventures, Andreessen Horowitz, and new… Read full details
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DRC and the EU have formalized a strategic partnership roadmap to enhance the value chains of critical and strategic minerals extracted in the DRC…
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The Democratic Republic of Congo (DRC) and the European Union (EU) have formalized a strategic partnership roadmap to enhance the value chains of critical and strategic minerals extracted in the DRC. This milestone agreement, signed on December 11, 2024, in Brussels, Belgium, by DRC Minister of Mines Kizito Pakabomba and EU representatives, seeks to transform Congolese mineral resources into global… Read full details
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Mercuria has entered into a strategic joint venture with Zambia’s state-owned Industrial Development Corporation (IDC) to establish a metals trading company through Industrial Resources Limited, a wholly owned IDC subsidiary…
Independent energy and commodity group Mercuria has entered into a strategic joint venture (JV) partnership with Zambia’s state-owned Industrial Development Corporation (IDC) to establish a metals trading company through Industrial Resources Limited, a wholly owned IDC subsidiary. This partnership positions Zambia, Africa’s second-largest copper producer, to actively participate in minerals trading… Read full details
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The NGO recomends conducting thorough inquiries in South Kivu and other affected regions to dismantle illegal mining networks.…
The coalition “Congo is Not for Sale” (CNPAV) has expressed deep dismay over the unresolved case of Chinese nationals involved in the illegal exploitation of minerals in the Democratic Republic of Congo (DRC). In a press release addressed, CNPAV criticized the lack of transparency surrounding the incident, particularly the exfiltration of these individuals, allegedly facilitated by state authorities… Read full details
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The National Human Rights Commission of the Democratic Republic of Congo highlighted a decrease in the number of children working in cobalt mines in the Haut-Katanga and Lualaba provinces …
In its report published on December 31, 2024, the National Human Rights Commission of the Democratic Republic of Congo (CNDH) highlighted a decrease in the number of children working in cobalt mines in the Haut-Katanga and Lualaba provinces. However, the reported figures have sparked controversy. Prior to 2019, it was estimated that 360,000 children were working in these mines, according to organisation... Read full details
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