Economy - Copperbelt Katanga Mining

Kibara Minerals to Export 9 Tonnes of Copper from DRC’s Tshopo Province to Hong Kong 1

DRC’s Kibara Minerals Plans Export of 9 Tonnes of Copper from Tshopo to Hong Kong Nine tonnes of copper produced in Lubutu, located in the Tshopo Province of the Democratic Republic of Congo (DRC), are set to be exported to Hong Kong following completion of legal and tax procedures, according to a statement attributed to mining company Kibara Minerals. Company representative Johnny Makundo said the shipment will proceed once all regulatory requirements are fulfilled, including payment of duties to the provincial treasury. “We plan to export nine tonnes of copper… Read More Here

International Copper Corporate News Economy

FQM Highlights $3.5 Billion Economic Loss From Cobre Panamá Suspension

May 20, 2026May 20, 2026 Constance

Cobre Panamá Mine Closure Costs Panama Billions, First Quantum Says First Quantum Minerals (TSX: FM) says the suspension of its Cobre Panamá copper mine has cost Panama an estimated $3.5 billion in lost economic contribution over the past two years, highlighting the growing financial impact of the prolonged shutdown. In its 2025 Tax Transparency and Economic Contributions Report, the Canadian mining company said it contributed $4.1 billion across its operating jurisdictions last year, bringing its total direct economic contribution to governments over the past eight years to $9.6 billion. Zambia… Read More Here

Mining in DRC Battery Metals Cobalt Economy

MMG Calls for Clarity on DRC’s Cobalt Export Quotas After Receiving Low Allocation

May 17, 2026May 17, 2026 Constance

MMG Seeks Policy Transparency as Congo Tightens Control Over Cobalt Exports China’s MMG Limited is seeking greater clarity on the Democratic Republic of Congo’s cobalt export policy after receiving what it described as a disappointing production quota, raising broader concerns about how the country’s new restrictions are being implemented. The Democratic Republic of Congo (DRC), the world’s leading producer of cobalt a critical mineral used in electric vehicle batteries first suspended cobalt exports in February 2025 to reduce global oversupply and increase the value derived from its mineral resources. In… Read More Here

Mining in DRC Economy News in Brief

DRC Reports Over 1,000 kg of Germanium Hydroxide Output in 2025 Amid Highly Volatile Production

May 15, 2026May 15, 2026 Constance

DRC germanium hydroxide production reaches 1,068 kg in 2025 with sharp volatility and export volumes The Democratic Republic of Congo (DRC) produced 1,068.07 kilograms of germanium hydroxide in 2025, according to data from the Technical Unit for Mining Coordination and Planning (CTCPM) under the Ministry of Mines. During the same period, the country exported 1,079.87 kilograms of the material, indicating that nearly all recorded production was shipped abroad. The CTCPM notes that germanium hydroxide production in 2025 was highly unstable, following a pronounced “sawtooth” pattern marked by sharp fluctuations. The… Read More Here

Mining in DRC Economy

Carter Center Backs DRC Mining Sector Audit as Govt Moves to Tighten Resource Governance

May 15, 2026May 15, 2026 Constance

Carter Center supports DRC mining audit targeting revenue repatriation, state mining firms, and joint venture governance The Carter Center has welcomed President Félix Tshisekedi’s decision to launch an audit of the Democratic Republic of Congo’s mining sector, approved during the 87th meeting of the Council of Ministers. The audit will focus on key governance areas, including compliance with obligations to repatriate mining export revenues, the management of mining joint ventures, and oversight of state-owned mining assets. In a statement issued on May 13, the organisation described the initiative as a… Read More Here

Mining in DRC Economy Mining tax

DRC Mining Revenue Reaches 7.9 Trillion CDF as Tax Authorities Dominate Collections

May 15, 2026May 15, 2026 Constance

DRC mining sector generates 7.9 trillion CDF in 2025 with tax authority DGI accounting for majority of revenues Mining revenues collected in the Democratic Republic of Congo (DRC) reached 7,947.5 billion Congolese francs in 2025, according to data published by the Technical Unit for Mining Coordination and Planning (CTCPM) under the Ministry of Mines. The figures show that the General Directorate of Taxes (DGI) remains the dominant revenue collector in the sector, accounting for 81% of total receipts, equivalent to 6,411.9 billion CDF. It is followed by the General Directorate… Read More Here

Mining in Zambia Economy Investment News

ZCCM-IH Targets Larger Stakes in Zambia’s Mining Assets Under Commercial Expansion Strategy

May 15, 2026May 15, 2026 Constance

ZCCM-IH to increase minority stakes in Zambia copper mines under commercial terms as it expands royalty-based revenue model Zambia’s state-owned investment company ZCCM Investments Holdings (ZCCM-IH) plans to increase its minority stakes in selected mining assets, with any adjustments to be made strictly on commercial terms rather than through compulsory or forced divestments, according to Chief Executive Officer Kakenenwa Muyangwa. The move reflects a broader trend across African resource-rich economies seeking to secure a greater share of revenues from their mineral wealth, particularly as global demand for critical minerals accelerates… Read More Here

Copper Economy Mining in DRC

DRC Eyes One of World’s Largest Copper Mines Under Chinese-Backed Proposal

May 10, 2026May 10, 2026 Constance

DR Congo Could Host One of the World’s Biggest Copper Mines as China Expands Critical Minerals Footprint The Democratic Republic of the Congo could soon host one of the world’s largest copper mines under a proposal by a subsidiary of China Railway Group, as global competition for critical minerals intensifies between China and the United States. A unit of the Chinese state-owned company, known as CREC, met with Congolese Mines Minister Louis Watum on Thursday to discuss a major mining project expected to produce between 200,000 and 500,000 metric tonnes… Read More Here

Mining in DRC Cobalt Economy

Middle East Conflict Threatens DRC Copper and Cobalt Sector Amid Sulfuric Acid Shortage

May 8, 2026May 8, 2026 Constance

China’s Sulfuric Acid Export Suspension Threatens DRC Copper Production Amid Global Supply Crunch The Democratic Republic of Congo’s (DRC) copper and cobalt sector is facing growing pressure following China’s decision to suspend sulfuric acid exports amid escalating tensions in the Middle East, a move that is tightening global supply chains and raising production costs across the mining industry. According to an analysis by Goldman Sachs cited by Jeune Afrique, the DRC could lose up to 125,000 tonnes of copper production in 2026 if logistical disruptions and supply shortages persist. Copper… Read More Here

Mining in DRC Economy Governance

ARSP Launches Subcontracting Compliance Campaign in Haut-Katanga to Support Congolese Businesses

May 8, 2026May 8, 2026 Constance

DRC’s ARSP Expands Subcontracting Compliance Drive to Haut-Katanga to Boost Local SMEs and Job Creation The Regulatory Authority for Subcontracting in the Private Sector (ARSP) has extended its subcontracting compliance campaign to Haut-Katanga Province as part of ongoing efforts to increase business opportunities for Congolese companies and promote local job creation. Led by Director General Miguel Kashal Katemb, the ARSP delegation is currently in Haut-Katanga following a similar operation in Lualaba Province. During courtesy meetings with Provincial Assembly President Michel Kabwe and Interim Governor Martin Kazembe, Mr Katemb requested institutional… Read More Here