Constance - Copperbelt Katanga Mining

Written by Constance

DRC Mineral Export Prices Trend Upward on Global Markets

January 13, 2026January 13, 2026 Constance

DRC Mineral Export Prices Rise as Demand for Copper, Cobalt, and Nickel Strengthens in January 2026 According to the official mineral export price lists published by the Ministry of Foreign Trade, several mineral products exported by the Democratic Republic of Congo (DRC) recorded overall price increases on international markets during the period from January 12 to 17, 2026. This upward trend reflects strong global demand and a positive momentum in the country’s mining exports, particularly for strategic minerals. Tin registered a notable increase, rising from 42,708.75 to 43,123.33. Zinc followed… Read More Here

DRC Advances $28.9bn MIFOR Iron Ore Project

January 13, 2026January 13, 2026 Constance

DRC Launches $28.9 Billion MIFOR Iron Ore Project to Unlock Up to 20 Billion Tonnes of Reserves The Minister of Mines, Louis Watum Kabamba, presented the Great Eastern Iron Mines (MIFOR) project to the Council of Ministers on Friday, January 9, 2026, along with the governance framework required for its implementation. This strategic initiative represents a major milestone in the industrial development of the Democratic Republic of Congo’s iron ore potential. According to the Minister, the iron ore resources targeted by the project are estimated at between 15 and 20… Read More Here

Mining in DRC Cobalt Copper New Mining Projects

Critical Metals Secures £2.1 Million Loan to Advance Molulu Copper-Cobalt Project

January 11, 2026January 11, 2026 Constance

Critical Metals Secures £2.1 Million Financing from NIU Invest to Drive Molulu Copper and Cobalt Project NIU Invest SE, the majority shareholder of Critical Metals, has extended a £2.1 million loan (approximately $2.84 million) to support the company’s operations, particularly at its Molulu copper and cobalt project in Haut-Katanga province, Democratic Republic of Congo. The financing was announced on December 31, 2025. The loan carries an annual interest rate of 10% and has an 18-month maturity, with interest payable at the end of the term. Structured as a convertible bond,… Read More Here

Gold Economy International

Gold Set for $4,800 per Ounce in 2026 as Bullish Momentum Continues

January 11, 2026January 11, 2026 Constance

Morgan Stanley Forecasts Gold Price Surge to $4,800 Amid Safe-Haven Demand and Rate Cuts After a record-breaking 2025, gold continues to drive bullish sentiment across global financial markets. In a note published on January 5, 2026, Morgan Stanley projected that gold could reach $4,800 per ounce by the fourth quarter of 2026, citing a supportive monetary environment and sustained demand for safe-haven assets. The American bank highlighted several key drivers behind the forecast: potential interest rate cuts, possible changes in leadership at the US Federal Reserve, and continued accumulation of… Read More Here

Mining in DRC Economy Gold

DRC Central Bank to Make Gold a Pillar of National Reserves from 2026

January 11, 2026January 11, 2026 Constance

DR Congo Plans to Boost Gold Reserves in 2026 to Strengthen Financial Stability and Sovereignty As the Democratic Republic of Congo continues to grapple with persistent security challenges in its eastern regions, the Central Bank of Congo (BCC) has outlined a strategic shift aimed at strengthening the country’s financial resilience. Beginning in 2026, gold will become a central pillar of the nation’s reserve diversification strategy, according to BCC Governor André Wameso. Speaking on Thursday, January 8, 2026, Governor Wameso said the accumulation of monetary gold is now a key priority… Read More Here

Mining in DRC

DRC Mining Cadastre Enforces Mandatory Standardised Invoicing for All Suppliers

January 11, 2026January 11, 2026 Constance

DRC Mining Cadastre to Strictly Enforce Standardised Invoicing Rules for Suppliers and Service Providers The Director General of the Mining Cadastre, Popol Mabolia, has announced the strict enforcement of legal provisions governing standardised invoicing for all suppliers and service providers working with the institution. The directive took effect on Thursday, January 8, 2026. The decision forms part of broader efforts to strengthen transparency, regulatory compliance and good governance in the management of public financial operations. In an official statement, the Mining Cadastre confirmed that all transactions requiring payment must now… Read More Here

Mining in Zambia Economy

Kwacha Nears Two-Year High as Zambia’s De-Dollarisation Drive Sparks Dollar Sell-Off

January 11, 2026January 11, 2026 Constance

Zambia’s Kwacha Strengthens to Two-Year High Following Government Crackdown on Dollar Use Zambia’s kwacha traded near its strongest level in more than two years after a government directive limiting the use of foreign currencies in domestic transactions triggered a surge in dollar selling across the market. The currency gained sharply during the trading session, rising close to 1% against the US dollar before easing slightly to close the day higher. The move extends a strong rally that began last year and has been supported by record copper prices and improving… Read More Here

Mining in DRC Copper Mining in Zambia

DRC and Zambia Gain from Copper Price Boom as Global Demand Surges

January 11, 2026January 11, 2026 Constance

Copper Prices Above $13,000 a Ton Deliver Economic Windfall for Congo and Zambia The Democratic Republic of Congo and Zambia are benefiting from a sharp rally in global copper prices, providing both countries with a significant economic boost at a time of rising global demand for the metal. Copper, a cornerstone of export earnings and government revenue for both nations, has surged nearly 50% since January 2025, surpassing US$13,000 per metric ton for the first time. The price rally has been partly fuelled by concerns over potential United States tariffs… Read More Here

Mining in DRC Governance

DRC Bans Mining Companies from Direct Sale of Reagents to Boost Local Subcontractors

January 11, 2026January 11, 2026 Constance

DRC Prohibits Mining Companies from Directly Selling Mining Reagents to Promote Local Subcontracting The Democratic Republic of Congo’s Private Sector Subcontracting Regulatory Authority (ARSP) has formally prohibited all mining companies operating in the country from directly supplying, distributing or marketing mining reagents, including sulfuric acid, quicklime, coal and similar products. Under the new regulation, only subcontracting companies that are duly approved and registered with the ARSP are authorised to supply and commercialise these materials. The decision was adopted on January 7, 2026, and is binding on all mining operators without… Read More Here

Diamond Corporate News International

De Beers Draws Global Interest as Anglo American Moves to Sell Stake

January 11, 2026January 11, 2026 Constance

De Beers Attracts Interest from African Governments and Investors as Anglo American Plans Exit De Beers has attracted interest from multiple business groups and African governments as its parent company, Anglo American, prepares to divest its majority stake in the diamond producer, according to De Beers Chief Executive Officer Al Cook. Cook said that several major diamond-producing nations, including Botswana, Angola and Namibia, have expressed interest in acquiring equity in De Beers, alongside a number of business-led investor groups. He declined to comment on the status of discussions or identify… Read More Here