Constance - Copperbelt Katanga Mining

Written by Constance

DRC Govt Reviews Oil Market Risks With Petroleum Distributors

March 15, 2026March 15, 2026 Constance

DRC Monitors Global Oil Price Volatility as Government Meets Fuel Distributors Amid Middle East Tensions The Deputy Prime Minister and Minister of National Economy of the Democratic Republic of the Congo, Daniel Mukoko Samba, held a working meeting with the Professional Group of Petroleum Product Distributors (GPDPP) in Kinshasa on Tuesday, March 10, 2026, to review developments in global hydrocarbon markets and assess their potential impact on the country’s fuel supply. According to a statement from the Ministry of National Economy, the meeting provided an opportunity to evaluate the situation… Read More Here

Mining in DRC Electricity Hydro power plant

DRC and TotalEnergies Discuss Strategic Ruzizi III Hydropower Project

March 14, 2026March 14, 2026 Constance

DRC Government and TotalEnergies Hold Talks on Ruzizi III Hydropower Project to Boost Energy in Eastern Congo The Deputy Prime Minister and Minister of National Economy of the Democratic Republic of the Congo, Daniel Mukoko Samba, received a delegation from TotalEnergies in Kinshasa to discuss progress on the strategic Ruzizi III Hydroelectric Project. The delegation was led by Ronan Masseron, Country Chair for the Africa Division in the Great Lakes region, accompanied by Baba Moussa Diallo, Managing Director of TotalEnergies Marketing DRC. Strategic Energy Project for Eastern Congo Discussions focused… Read More Here

Mining in DRC Infrastructural Development Transport and Logistics

DRC Signs Deal to Build Strategic Dry Port in Kwala, Tanzania

March 14, 2026March 14, 2026 Constance

DRC Signs Concession for Kwala Dry Port in Tanzania to Cut Logistics Costs and Boost Trade The Democratic Republic of the Congo is advancing its strategy to strengthen trade competitiveness by developing new logistics infrastructure aimed at improving the efficiency of its import and export supply chains. Authorities in Kinshasa have signed a concession agreement with Boston Developers Ltd for the construction of a dry port in Kwala, Tanzania, a project designed to streamline cargo handling and reduce the logistical bottlenecks affecting Congolese trade. The initiative is being led by… Read More Here

Mining in DRC Economy Transport and Logistics

DRC Pushes for $1 Billion World Bank Financing to Accelerate Lobito Corridor Development

March 14, 2026March 16, 2026 Constance

DRC Seeks $1 Billion World Bank Funding to Boost Lobito Corridor and Regional Trade The Government of the Democratic Republic of Congo (DRC) is intensifying efforts to secure international financing for the development of the Lobito Corridor, a major infrastructure project aimed at improving regional connectivity and boosting trade. Speaking in Washington during the World Bank’s “Transforming Transportation” global forum, the Congolese Minister of Infrastructure and Public Works, John Banza Lunda, called for an acceleration of the financing process for key infrastructure linked to the corridor. The meeting took place… Read More Here

Mining in DRC

ARSP Orders Cancellation of Irregular Subcontracting Contracts at Matadi Gateway Terminal

March 14, 2026March 14, 2026 Constance

DRC: ARSP Cancels Irregular Subcontracting Contracts Between MGT and 50 Ineligible Companies The Regulatory Authority for Subcontracting in the Private Sector (ARSP) has ordered the cancellation of several irregular subcontracting contracts concluded between Matadi Gateway Terminal (MGT) and around fifty companies deemed ineligible to operate in the sector. The decision follows a compliance inspection carried out by ARSP officials at the port operator in November 2025. The audit revealed that a number of contracts had been awarded to companies that were not registered or authorized to provide subcontracting services under… Read More Here

Mining in DRC Economy Gold

DRC Launches First Pilot Gold Refinery in Tanganyika Province

March 12, 2026March 12, 2026 Constance

Democratic Republic of Congo Opens First Gold Refinery in Kalemie to Boost Local Processing and Transparency The Democratic Republic of Congo (DRC) has officially launched its first pilot gold refinery in Kalemie, the capital of Tanganyika Province, marking an important milestone in the country’s efforts to process its mineral resources locally and strengthen governance in the gold sector. The refinery was inaugurated on Wednesday, March 11, 2026, during a ceremony attended by several senior government officials. Among those present were Guylain Nyembo Mbwizya, Minister of State and Minister of Planning;… Read More Here

Mining in Zambia Copper Economy

Zambia Seeks Global Investment to Triple Copper Production by 2031

March 11, 2026March 15, 2026 Constance

Zambia Targets 3 Million Tons of Copper by 2031 as Government Courts Global Investors Zambia is actively courting international investors, including those from the United States, as it works toward an ambitious goal of tripling its copper production to 3 million metric tons by 2031, Mines Minister Paul Kabuswe said on Tuesday. Africa’s second-largest copper producer after the Democratic Republic of the Congo is increasingly viewed as a strategic partner for the United States. Washington has been stepping up efforts to diversify supply chains for critical minerals and reduce reliance… Read More Here

Mining in DRC Economy Gold

Congo Expands State Gold Trading to Strengthen National Reserves

March 10, 2026March 10, 2026 Constance

DRC Gold Trading Targets 15 Tons of Artisanal Gold in 2026 as Central Bank Eyes Reserve Boost The Democratic Republic of Congo’s state-owned gold trading company plans to significantly increase the volume of gold it purchases from the country’s artisanal mining sector, targeting up to 15 metric tons this year, with the national central bank expected to play a key role as a buyer. Congo, one of the world’s leading suppliers of battery metals and a country rich in largely untapped gold deposits established DRC Gold Trading in December 2022… Read More Here

Mergers & Acquisitions Corporate News International

Fortescue Acquires Alta Copper to Secure Full Ownership of Cañariaco Project in Peru

March 10, 2026March 10, 2026 Constance

Fortescue Completes Alta Copper Acquisition, Securing 100% of Cañariaco Copper Project Diversified mining company Fortescue has completed its acquisition of Alta Copper, securing full ownership of the Cañariaco Copper Project in northern Peru. The transaction was finalized through a Canadian plan of arrangement, under which Fortescue subsidiary Nascent Exploration acquired all issued and outstanding shares of Alta Copper that were not already owned by the group. Under the terms of the agreement, Alta Copper shareholders received C$1.40 per share in cash, representing a total equity value of approximately C$139 million.… Read More Here

Exploration Corporate News New Mining Projects

Rome Resources Expands Critical Minerals Strategy with New Exploration Projects in Canada

March 10, 2026March 10, 2026 Constance

Rome Resources Signs Option to Acquire Tin and Tungsten Exploration Licences in New Brunswick London-listed Rome Resources, which holds exploration assets in the Democratic Republic of Congo (DRC), has signed an option agreement to acquire working interests in early-stage mineral exploration licences in New Brunswick. The licences are located near the historic Mount Pleasant Mine area and include the Three Lakes and Schoullar Mountain projects. Together, the properties cover more than 109 km² of exploration ground east of Mount Pleasant, a former tungsten, molybdenum, tin, and indium mining project in… Read More Here