Economy - Copperbelt Katanga Mining

Carter Center Backs DRC Mining Sector Audit as Govt Moves to Tighten Resource Governance 1

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

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

May 15, 2026May 15, 2026 Constance0 comment

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 Constance0 comment

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 Constance0 comment

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 Constance0 comment

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 Constance0 comment

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

Mining in Zambia Economy

Zambia Reaches 80% Financial Inclusion as Digital Services Drive Growth

May 5, 2026May 5, 2026 Constance0 comment

Zambia Hits 80% Financial Inclusion in 2025 FinScope Survey, Driven by Mobile Money and Digital Finance Expansion Zambia has reached a significant milestone in financial inclusion, with 80% of adults now accessing formal and informal financial services, according to the 2025 FinScope Survey released by Bank of Zambia Governor Denny H. Kalyalya. Speaking at the official launch, Dr. Kalyalya described the FinScope Survey as a critical “system-level diagnostic” that provides insight into how individuals and households access, use, and experience financial services in an increasingly digital economy. The results reflect… Read More Here

Mining in Zambia Economy Governance

Zambia Addresses US Ambassador’s Remarks, Points to Mining Revival and Economic Growth

May 5, 2026May 5, 2026 Constance0 comment

Zambia Addresses Outgoing US Ambassador’s Remarks, Outlines Position on Bilateral Relations The Government of the Zambia has issued a firm response to remarks made by outgoing United States Ambassador Michael Gonzales, describing his statements as “deeply regrettable, undiplomatic, and inconsistent with the principles of mutual respect” that underpin international relations. Speaking at a press briefing in Lusaka, Minister of Foreign Affairs and International Cooperation Mulambo Haimbe said the government took “serious exception” to comments made during the ambassador’s farewell reception on April 30, 2026. The government argued that the remarks… Read More Here

Mining in DRC Economy

Mixed Commodity Trends in DRC as Global Mining Prices Show Broad Decline

May 5, 2026May 5, 2026 Constance0 comment

DR Congo Mining Export Prices Fall in Early May 2026 as Gold, Copper Drop While Nickel and Germanium Rise Export prices for mining commodities from the Democratic Republic of the Congo recorded an ընդհանուր downward trend on international markets during the period of May 4–9, 2026, reflecting softer global demand across several key resources. Among the hardest-hit commodities, gold posted a notable decline, falling from $155.28 to $151.79 per gram. Copper the country’s primary export also edged lower, decreasing from $13,177.50 to $13,102.50 per ton. Zinc followed a similar trajectory,… Read More Here

Mining in DRC Economy Gold

DRC Mining Exports Gain Momentum as Global Commodity Prices Rise

April 30, 2026April 30, 2026 Constance

DRC Mineral Prices Climb: Copper, Gold, Tin and Zinc Rise While Cobalt Holds Steady Mining export prices from the Democratic Republic of the Congo are projected to trend upward on international markets during the period from April 27 to May 2, 2026, according to forecasts from the Ministry of Foreign Trade. The latest price index indicates broad-based gains across key mineral commodities, reflecting sustained global demand and improving market conditions. Gold, one of the country’s primary exports, is expected to increase to $155.28 per kilogram, up from $153.87 the previous… Read More Here