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DRC Links FDLR Issue to Illegal Mineral Exploitation as Demobilisation Process Advances

July 30, 2026July 30, 2026 Constance0 comment

DRC Says FDLR Issue Has Been Used to Justify Mineral Exploitation as Disarmament Process Advances The Democratic Republic of Congo (DRC) government has accused Rwanda of using the presence of the Democratic Forces for the Liberation of Rwanda (FDLR) as a pretext for continued intervention in eastern DRC and the illicit exploitation of the country’s mineral resources. Speaking during a special government briefing in Kinshasa on July 28, DRC Minister of Communication and Government Spokesperson Patrick Muyaya argued that the FDLR issue has been repeatedly invoked to justify actions that,… Read More Here

Mining in DRC

US Adviser Urges Greater Transparency in DRC Mineral Sector

July 30, 2026July 30, 2026 Constance0 comment

Massad Boulos Calls for Transparent and Responsible Mining of DRC’s Natural Resources US President Donald Trump’s senior adviser for Africa, Massad Boulos, has called for greater transparency and accountability in the exploitation of the Democratic Republic of Congo’s (DRC) natural resources, saying the country’s mineral wealth should deliver greater benefits to its population. Speaking before the United Nations Security Council during discussions on the situation in the DRC, Boulos highlighted the role of illegal mineral exploitation in sustaining conflict in the country’s eastern provinces. He said armed groups, criminal networks… Read More Here

International Corporate News Diamond

Anglo American Denies Favouring Buyer as De Beers Sale Talks Continue

July 30, 2026July 30, 2026 Constance0 comment

Anglo American Says No Preferred Bidder as De Beers Sale Could Fetch $1 Billion Anglo American has denied favouring any particular buyer for its diamond business, De Beers, as the mining group continues to explore options for the struggling unit. Anglo American CEO Duncan Wanblad said on Thursday that the company was “not exclusive with any consortium”, rejecting reports that it was favouring a consortium led by former De Beers CEO Gareth Penny. The comments come as Anglo American considers potential offers for De Beers amid prolonged weakness in the… Read More Here

Corporate News International Mining Personality

Vedanta Names Arun Misra CEO as First-Quarter Profit Surges

July 30, 2026July 30, 2026 Constance0 comment

Vedanta Appoints Arun Misra as CEO as Q1 Profit Jumps 72% on Strong Metal Prices Indian metals and mining conglomerate Vedanta has appointed Arun Misra as chief executive officer for a one-year term starting August 1, 2026, as the company reported a sharp increase in first-quarter profit driven by stronger metal prices. Misra, who currently heads Vedanta subsidiary Hindustan Zinc, will take over as CEO as the group benefits from favourable market conditions across its metals portfolio. Vedanta reported consolidated net profit of 54.73 billion Indian rupees ($572.4 million) for… Read More Here

Mining in DRC Copper Corporate News

Ivanhoe Mines Returns to Profit as Kamoa-Kakula Copper Operations Recover

July 30, 2026July 30, 2026 Constance0 comment

Ivanhoe Mines Posts $46 Million Profit as Kamoa-Kakula Copper Production Recovers TSX-listed Ivanhoe Mines returned to profitability in the second quarter of 2026, reporting a net profit of $46 million as operations at its Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC) continued to recover from disruptions earlier in the year. The company reported adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of $179 million for the quarter, up from $123 million in the same period last year. Kamoa-Kakula contributed $152 million of attributable EBITDA. The copper… Read More Here

International Diamond Economy

African Diamond Producers Struggle to Recover as Market Pressures Persist

July 30, 2026July 30, 2026 Constance0 comment

African Diamond Miners Face Continued Market Pressure in First Half of 2026 Africa’s diamond industry continued to face challenging market conditions in the first half of 2026, with major producers in Botswana, South Africa, Namibia and Lesotho struggling to achieve a sustained recovery in natural diamond demand. Financial results released during the period point to continued pressure across the industry, driven by weaker prices, economic uncertainty and growing competition from laboratory-grown diamonds. In South Africa, Petra Diamonds reported a 45% quarter-on-quarter decline in diamond revenue during the fourth quarter of… Read More Here

Mining in DRC Corporate News Rare Earth Minerals

DRC Moves to Expand Local Value Addition in Strategic Germanium Sector

July 30, 2026July 30, 2026 Constance0 comment

DRC Advances Germanium Processing Strategy as STL-Umicore Partnership Gains Belgian State Backing The Democratic Republic of Congo (DRC) is advancing efforts to move up the mining value chain, with a strategic partnership between the Société du Terril de Lubumbashi (STL) and Belgian group Umicore expected to strengthen the country’s germanium industry. The Belgian Council of Ministers’ approval of a state guarantee for the partnership marks an important step in the development of the strategic mineral sector and provides additional support for planned investments. The partnership aligns with the DRC government’s… Read More Here

Mining in DRC Governance Partnership

ARSP and APROCM Join Forces to Empower Local Entrepreneurs

July 30, 2026July 30, 2026 Constance0 comment

DRC’s ARSP and APROCM Partner to Expand Opportunities for Local Entrepreneurs The Democratic Republic of Congo’s Authority for Regulation of Subcontracting in the Private Sector (ARSP) and the Agency for the Promotion of the Middle Classes (APROCM) are working to strengthen support for local entrepreneurs and expand their access to economic opportunities. ARSP Director General Ted Beleshayi met APROCM Director General Pascal Tchelo Mazombo on July 29 to discuss the foundations of an institutional partnership aimed at supporting Congolese businesses across various sectors of the economy. The proposed collaboration seeks… Read More Here

International Transport and Logistics

Lobito Port Handles 931,000 Tonnes of Cargo as Regional Trade Gains Momentum

July 29, 2026July 29, 2026 Constance0 comment

Lobito Port Moves 931,000 Tonnes of Cargo in First Half of 2026, Strengthening Angola’s Regional Trade Role The Port of Lobito handled 931,000 tonnes of cargo during the first half of 2026, highlighting its growing importance as a strategic logistics gateway for Angola and the wider region. During the period, the port received 177 vessels, with the volume of cargo handled reflecting continued activity across Angola’s maritime and logistics sectors. The performance comes as the Lobito Corridor gains increasing attention as a key trade route connecting mineral-producing areas in the… Read More Here

International Gold Lithium

Zimbabwe’s Mining Strategy Drives Record Mineral Revenue

July 29, 2026July 29, 2026 Constance0 comment

Zimbabwe Mining Revenue Hits Record $25 Billion as Government Pushes Investment and Growth Zimbabwe’s mining sector is delivering record revenues as the government’s push to attract investment and expand mineral production begins to generate stronger returns. The country’s mining industry has become a key driver of economic growth, supported by increased investment in gold, lithium, platinum-group metals, chrome and other mineral resources. The government has been pursuing an aggressive strategy to expand the mining sector by encouraging new investment, supporting existing operations and promoting the development of mineral resources that… Read More Here