Contracts & tenders - Copperbelt Katanga Mining

DRC Signs Landmark Contract for Nationwide Airborne Geophysical Mapping 1

DRC Awards Airborne Geophysical Survey Contract to Xcalibur to Modernise Mining Sector The Government of the Democratic Republic of Congo (DRC), represented by Minister of Mines Louis Watum Kabamba, has officially signed a contract with Xcalibur Multiphysics Group SL to carry out nationwide airborne geophysical and geological mapping. The strategic initiative represents a major step in the modernisation of the Congolese mining sector. The project will deliver high-resolution geophysical and geological coverage of the national territory through advanced airborne surveys, including magnetic, radiometric and remote-sensing data, supported by detailed geological… Read More Here

Mining in DRC Contracts & tenders Oil & Gas

DRC to Revise Petroleum Code After Failed Oil Tender, Eyes U.S. Partnerships

May 21, 2025May 21, 2025 Constance

The Democratic Republic of Congo (DRC) is preparing a comprehensive overhaul of its Petroleum Code, with a draft reform expected to be submitted to the Council of Ministers within three months before being forwarded to Parliament, according to Hydrocarbons Minister Aimé Sakombi Molendo in an interview with Jeune Afrique. The proposed revision follows the unsuccessful July 28, 2022, tender for 27 oil blocks — a process that fell short due to several key factors: an uncompetitive tax regime, insufficient seismic data, and the inclusion of protected environmental areas within some… Read More Here

Mining in DRC Contracts & tenders Transport and Logistics

DRC Launches Tender to Revive Key Northeastern Railway Corridor

May 9, 2025May 9, 2025 Constance

The government of the Democratic Republic of Congo has launched an international tender to restore and modernize the Bumba–Aketi–Buta–Mungbere railway, an 870-kilometre line in the northeastern part of the country. The tender was officially announced on May 2, 2025, by the Ministry of Transport in Kinshasa. This narrow-gauge railway (0.60 meters), with rails ranging from 18 to 33 kg/m, was once a backbone of the regional economy, transporting agricultural and mineral products. However, it has been in disrepair since the late 1990s, following decades of neglect and the collapse of… Read More Here

International Contracts & tenders Corporate News

Barrick Gold Warns Shareholders Against Below-Market Mini-Tender Offer

January 13, 2025January 13, 2025 Constance

Canadian mining giant Barrick Gold has issued a caution to its shareholders regarding an unsolicited mini-tender offer from TRC Capital Investment. The offer seeks to acquire up to five million of Barrick’s common shares, representing approximately 0.29% of its outstanding shares, at a below-market price of C$21.35 per share. Barrick highlighted in a statement on Monday that the offer price reflects a discount of 4.52% on the Toronto Stock Exchange (TSX) and 4.38% on the New York Stock Exchange (NYSE) closing prices as of January 7. The company clarified that… Read More Here

Mining in DRC Contracts & tenders Copper Mining Supply Tenders

Kamoa Copper Signs $75 Million in Contracts with 22 Local Subcontractors to Boost Congolese Participation

September 22, 2024September 22, 2024 Constance

To further President Félix Tshisekedi’s vision of empowering local businesses, the Director General of the Regulatory Authority for Subcontracting in the Private Sector (ARSP) oversaw the signing of contracts between 22 Congolese subcontracting companies and the Kamoa Copper company in Lualaba province. The contracts, valued at $75 million, will provide these companies access to various markets within Kamoa’s operations, such as the supply of sulfuric reagents, acid, underground pipe installation, and gardening services. List of Subcontracting Companies and contracts: Total value of contracts awarded in July and August 2024: $75,074,532… Read More Here

Mining in DRC Contracts & tenders Mining Supply Tenders

Five Companies Secure $73 Million in Contracts with SICOMINES

September 15, 2024September 16, 2024 Constance

Five subcontracting companies have secured contracts totaling USD 73 million with SICOMINES Mining Company, following a competitive selection process. This achievement was made possible through the support of the Private Sector Subcontracting Regulatory Authority (ARSP). The contracting companies are: 1.Exel Global Services SARLU 2.Bishworld SARL 3.Bofa SARL 4.Jadex Constructions SARL 5.Lake Region Venture The contract signing ceremony, held in Lualaba, was attended by ARSP Director General Miguel Kashal, who traveled from Kolwezi for the event. This milestone aligns with President Félix-Antoine Tshisekedi Tshilombo’s vision for entrepreneurship and local economic development.… Read More Here

Mining in DRC Contracts & tenders Copper Mining Supply Tenders

Glencore, Trafigura, and Mercuria Secure Copper Deals from DRC’s Gecamines

September 11, 2024September 16, 2024 Constance

Glencore Plc, Mercuria Energy Group, and Trafigura Group have successfully secured copper purchases from the Democratic Republic of Congo’s (DRC) state-owned mining company, Gecamines. This marks the first time Gecamines has marketed copper from its joint-venture projects. The three major commodity trading firms won bids to purchase copper from the Tenke Fungurume mine, a vast operation owned by China’s CMOC Group Ltd. and Gecamines. According to sources familiar with the deal, the Tenke Fungurume mine is one of the DRC’s largest copper and cobalt producers, with exports of 361,000 tons… Read More Here

Mining in DRC Contracts & tenders Mining Supply Tenders

ARSP Announces 11 New Tenders for Mutanda Mining in DRC

June 28, 2024June 28, 2024 Constance

Mutanda Mining, a subsidiary of Glencore DRC, has launched 11 calls for tenders in the fields of services and construction for Congolese subcontractors. This announcement was made by the regulatory authority for subcontracting in the private sector (ARSP). On the occasion of the publication of these tenders, Miguel Katemb Kashal, the Director General of ARSP, urged Congolese entrepreneurs to seize these opportunities to access the job market in the Democratic Republic of Congo’s mining sector. “We call on Congolese entrepreneurs to bid for the 11 calls for tenders launched by… Read More Here

Mining in Zambia Contracts & tenders Energy

Tender opens for feasibility study on floating solar in Zambia

May 26, 2024May 26, 2024 Constance

The African Development Bank is seeking expressions of interest from consultants to carry out a feasibility study for a floating solar project at a dam in southern Zambia. The deadline for applications is June 15. The African Development Bank has opened a tender inviting consulting firms to express interest in providing consultancy services for a floating solar project at the Kariba Dam, a hydroelectric power plant in Zambia. The dam is located at the Lake Kariba reservoir on the Zambia-Zimbabwe border. The chosen consultant will be tasked with feasibility studies… Read More Here

Mining in DRC Contracts & tenders Mining Supply Tenders

Construction and Modernization of 3 Markets | DRC

April 5, 2024April 6, 2024 Constance

Construction and Modernization of 3 Markets, details in the document below. Read More Here