Cobalt - Copperbelt Katanga Mining

DRC Sets July Deadline for Mining Companies to Implement Local Ownership Rules 1

DRC Requires Mining Firms to Transfer 10% Ownership Stakes to Congolese Nationals Under Mining Code The Democratic Republic of Congo (DRC) will begin enforcing a long-delayed requirement requiring mining companies to allocate local ownership stakes to Congolese nationals from July 31, 2026, as the government moves to increase local participation in the country’s mining sector. The requirement, introduced under the 2018 Mining Code, requires mining companies to transfer 10% of their equity to Congolese citizens, including a 5% stake reserved for employees. However, no mining company has yet implemented the… Read More Here

Mining in DRC Battery Metals Cobalt Economy

DRC Cobalt Prices Remain Stable as Global Demand Supports Market

July 23, 2026July 23, 2026 Constance0 comment

DRC Cobalt Prices Edge Higher as Demand for Battery Metals Maintains Market Stability Cobalt prices in the Democratic Republic of Congo (DRC) continued their gradual upward trend during the week of July 20–25, 2026, reflecting ongoing stability in the global battery metals market. According to the Ministry of Foreign Trade’s latest official price list, cobalt was priced at US$55,628 per tonne, up slightly from US$55,618 per tonne the previous week. While the 0.01% increase is marginal, it signals continued market resilience following months of significant price volatility. The modest gain… Read More Here

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Africa Looks to Critical Minerals as Foundation for Industrial Development

July 19, 2026July 19, 2026 Constance0 comment

Africa Aims to Use Critical Minerals to Boost Industrialisation and Economic Transformation African countries are seeking to transform their vast reserves of critical minerals into a foundation for industrialisation, economic growth and greater participation in global supply chains. For decades, many African nations have exported raw minerals with limited processing taking place on the continent. However, rising global demand for minerals essential to clean energy technologies, electric vehicles, batteries and advanced industries has created an opportunity for countries to capture more value from their natural resources. Critical minerals such as… Read More Here

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DRC Mining Export Prices Mixed as Gold, Cobalt and Tin Rise While Copper and Nickel Decline

July 16, 2026July 16, 2026 Constance0 comment

DRC Mining Export Prices Update: Gold, Cobalt and Tin Gain as Copper, Nickel Fall The prices of several mining commodities exported by the Democratic Republic of Congo (DRC) recorded mixed movements during the week of July 13–18, according to the latest price list released by the Ministry of Foreign Trade. Gold, Cobalt and Tin Record Gains Among the commodities posting gains, cobalt edged up from US$55,613.00 to US$55,618.00 per tonne. Gold also strengthened, rising from US$130.77 to US$134.30 per kilogram. Zinc increased from US$3,494.90 to US$3,540.90 per tonne, while niobium… Read More Here

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DRC Chooses Mota-Engil for Lobito Corridor Railway Upgrade to Boost Copper and Cobalt Exports

July 13, 2026July 13, 2026 Constance0 comment

DR Congo Approves Mota-Engil Partnership to Revamp Lobito Corridor Railway Linking Copper and Cobalt Mines to Global Markets The Democratic Republic of Congo has approved a partnership with Portuguese construction and engineering company Mota-Engil SGPS SA to rehabilitate a critical railway network that will strengthen the country’s access to global markets for copper and cobalt. The project forms part of the Congolese section of the Lobito Corridor, a strategic infrastructure route designed to connect mineral-rich regions of Central Africa with Angola’s Atlantic port of Lobito. The rehabilitation will be carried… Read More Here

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Africa’s Mineral Giants Hold Strategic Resources for the Global Economy

July 11, 2026July 11, 2026 Constance0 comment

Africa’s Mineral Wealth Gains Global Attention as Guinea, DRC, Morocco and South Africa Lead Key Reserves Africa is home to some of the world’s largest mineral reserves, with countries such as Guinea, the Democratic Republic of Congo (DRC), Morocco and South Africa playing a major role in supplying resources essential to industry, technology and the global energy transition. The continent’s mineral wealth includes major deposits of bauxite, cobalt, copper, phosphate, platinum-group metals and other strategic resources. As demand increases for electric vehicles, renewable energy systems, batteries and advanced technologies, Africa’s… Read More Here

Battery Metals Cobalt Copper Lithium Mining in DRC Mining in Zambia

Africa’s Critical Minerals Draw Global Attention as Demand for AI and Clean Energy Materials Surges

July 11, 2026July 11, 2026 Constance0 comment

Africa’s Critical Minerals Draw Global Attention as Demand for AI and Clean Energy Materials Surges Africa is emerging as a key player in the global race for critical minerals, with the continent holding significant deposits of resources essential for artificial intelligence, renewable energy technologies and advanced industries. The continent is estimated to hold a substantial share of the world’s critical mineral reserves, including cobalt, copper, lithium, graphite, manganese and rare earth elements. These minerals are increasingly important for manufacturing electric vehicles, batteries, renewable energy systems, data centres and other technologies… Read More Here

Mining in DRC Cobalt Copper Investment News

American Investment in Congo’s Minerals Faces Challenge as China Maintains Copper and Cobalt Dominance

July 8, 2026July 8, 2026 Constance0 comment

American Mining Investment in DRC Unlikely to Disrupt China’s Dominance in Copper and Cobalt Supply Chains A year after the signing of the Washington Agreement between the Democratic Republic of the Congo (DRC) and Rwanda, researchers say growing US interest in Congolese minerals is unlikely to significantly change China’s dominance of the country’s copper and cobalt supply chains. Researchers Jason Stearns and Joshua Walker, speaking at an event hosted by journalist Stanis Bujakera, said the agreement’s economic ambitions face major challenges and that the diplomatic initiative has reached a difficult… Read More Here

Mining in DRC Cobalt Copper

DR Congo Expects Stable Copper and Cobalt Output Despite Sulfuric Acid Supply Concerns

July 8, 2026July 8, 2026 Constance0 comment

DR Congo Says Copper and Cobalt Production Remains Resilient Despite Regional Chemical Supply Disruptions The Democratic Republic of Congo (DRC) does not expect major disruptions to copper and cobalt production in 2026 despite concerns over sulfuric acid supply shortages linked to regional geopolitical tensions, a senior mining official said. Sulfuric acid is a key input in the processing of copper and cobalt ores. Recent disruptions to regional supply chains, including reduced exports from Zambia, have raised concerns among some mining companies operating in the DRC. Zambia, a major supplier of… Read More Here

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Celsius Resources Sells Namibia’s Opuwo Copper-Cobalt Project to Chinalco Mining for $15 Million

June 30, 2026June 30, 2026 Constance

Celsius Resources Divests Opuwo Copper-Cobalt Project to Chinalco Mining in $15 Million Deal Celsius Resources has signed a binding share sale agreement with Chinese state-owned mining group Chinalco Mining for the sale of its 95% interest in the Opuwo copper-cobalt project in Namibia for US$15 million. For the financial year ended June 30, the Opuwo project recorded an operating loss of approximately N$421,738 and was valued at around N$34 million in Celsius Resources’ consolidated financial statements. The divestment will allow Celsius Resources to sharpen its focus on its copper-gold assets… Read More Here