Economy - Copperbelt Katanga Mining

DRC Mining Exports Show Upward Trend Amid Rising Copper, Cobalt, and Gold Prices

April 8, 2026April 8, 2026 Constance

Congo’s copper, cobalt, and gold exports rise in 2026, boosting mining sector revenues The Democratic Republic of the Congo is witnessing an upward trend in the international prices of its key mining exports, according to the latest official projections. The National Market Commission of the Ministry of Foreign Trade reported that for the period from April 6 to 11, 2026, several strategic raw materials are expected to record weekly price increases. Copper: Primary export on the rise Copper, the country’s main export, is projected to trade at $12,143.30 per ton,… Read More Here

Mining in DRC Economy Mining tax

Special Flat-Rate Tax Generated Nearly 20% of DRC Mining Revenues in 2023 Before Tax Reform

April 8, 2026April 8, 2026 Constance

DRC’s Special Flat-Rate Tax contributed $1.1B to mining revenues in 2023, replaced by CIT and PIT in 2026 In the Democratic Republic of the Congo, the Tax on Profits and Gains, also known as the Special Flat-Rate Tax, contributed 19.54% of the state’s mining sector revenues in 2023, according to the latest report by the Extractive Industries Transparency Initiative (EITI), consulted by Deskeco.com. The tax generated approximately $1.1 billion for the Public Treasury, out of a total of $5.61 billion collected from the mining sector during the year. Other significant… Read More Here

Mining in DRC Economy

DRC’s Heavy Reliance on Mining Revenues Highlights Urgent Need for Economic Diversification

April 8, 2026April 8, 2026 Constance

Extractive sector generates 60% of DRC state revenue, underscoring risks of overdependence on mining The economy of the Democratic Republic of the Congo remains heavily dependent on the extractive sector, reinforcing calls for broader economic diversification to reduce fiscal vulnerability and support long-term development. In 2023, current and exceptional state revenues totalled more than $9.75 billion, according to a report by the Court of Auditors of the Democratic Republic of the Congo analysing the national accounts for that year. Of this total, approximately $5.85 billion, or about 60%, was generated… Read More Here

Gold Economy International

BRICS Plus Nations Expand Gold Reserves as Central Banks Accelerate Shift Away from Dollar

April 8, 2026April 8, 2026 Constance

BRICS Plus gold reserves surpass 6,000 tonnes as central banks boost purchases and dollar share declines Members of the BRICS Plus trade bloc now hold more than 6,000 tonnes (t) of gold, representing about 17.4% of total global central bank reserves, up from 11.2% in 2019, according to a market note by financial services group EBC Financial Group. Russia leads the bloc with 2,336 t of gold reserves, followed closely by China with 2,298 t, while India holds 880 t. Together, Russia and China account for roughly 74% of the… Read More Here

Mining in DRC Economy Gold

DRC Gold Exports Surpass $2.2 Billion in 2025 as Production Increases 4%

April 5, 2026April 5, 2026 Constance

DRC Gold Exports Reach $2.2 Billion in 2025 with Industrial Mining Driving Growth The gold sector remains a cornerstone of the Democratic Republic of Congo’s (DRC) economy, contributing significantly to national revenue. In 2025, total gold exports reached an estimated $2.2 billion, according to consolidated and provisional data from the Technical Unit for Mining Coordination and Planning (CTCPM) and other mining sector authorities. This export value corresponds to more than 28,201 kilograms of gold, highlighting the sector’s continued growth. Overall gold production in 2025 rose to 28,202.89 kilograms, up from… Read More Here

Mining in DRC Diamond Economy

DRC Diamond Exports Reach $67 Million in 2025, Driven Largely by Artisanal Mining

April 5, 2026April 5, 2026 Constance

DRC Exports Over 9 Million Carats of Diamonds in 2025 as Artisanal Sector Dominates Production The Democratic Republic of Congo (DRC) exported diamonds worth an estimated $67.18 million in 2025, according to consolidated provisional data released by the Technical Unit for Mining Coordination and Planning (CTCPM). In total, diamond exports reached 9,081,140.19 carats during the year, reflecting the continued importance of the diamond sector in the country’s mineral economy. The data highlights the dominant role of artisanal mining in the export structure. The artisanal sector accounted for 7,929,274.61 carats, generating… Read More Here

Mining in DRC Economy

Tshisekedi and Qatar’s Emir Strengthen Diplomatic and Economic Ties Amid Regional Tensions

April 4, 2026April 4, 2026 Constance

DRC and Qatar Deepen Strategic Partnership as Leaders Discuss Middle East Security and $21 Billion Investment Prospects In Doha, on Wednesday, April 1, 2026, the President of the Democratic Republic of Congo, Félix-Antoine Tshisekedi Tshilombo, held talks with the Emir of Qatar, Tamim bin Hamad Al Thani, against the backdrop of a tense international security climate. The meeting provided an opportunity to review several sensitive geopolitical issues, with particular focus on the evolving situation in the Middle East. Recent military actions involving Iran and affecting Qatar and other states in… Read More Here

Mining in Zambia Copper Economy Governance

President Hichilema Credits KCM Revival for Boosting Zambia’s Economic Recovery

March 31, 2026March 31, 2026 Constance

President Hakainde Hichilema Highlights Mining Sector Recovery as Economic Reforms Boost Copperbelt Growth President Hakainde Hichilema says the economic reforms implemented by his administration are beginning to yield positive results, marked by increased activity in the mining sector, particularly on the Copperbelt. President Hichilema noted that the Copperbelt had previously experienced a decline in economic activity due to reduced operations in the mining industry. However, he pointed to the resumption of operations by Konkola Copper Mines (KCM) and other mining firms as clear evidence of the success of the government’s… Read More Here

Mining in DRC Economy Investment News

DRC and Canada Strengthen Trade and Investment Partnership

March 30, 2026March 30, 2026 Constance

DRC–Canada Trade Relations Deepen as Ministers Discuss Investment, Digital Border Systems, Agriculture, and Renewable Energy Cooperation The Democratic Republic of Congo (DRC) and Canada have reached a new milestone in strengthening their economic and trade cooperation, signaling renewed momentum in bilateral relations. This development was highlighted during a meeting between the Congolese Minister of Foreign Trade, Julien Paluku Kahongya, and his Canadian counterpart on the sidelines of the 14th Ministerial Conference of the World Trade Organization (WTO). Discussions focused on several strategic areas aimed at expanding bilateral trade and fostering… Read More Here

Mining in Zambia Economy Events & Expos Investment News

President Highlights Investment Reforms and Mining Revival at ZIMEC 2026

March 30, 2026March 30, 2026 Constance

Zambia Strengthening Investment Climate Through Reforms and Regional Cooperation, Delegates Told President Hakainde Hichilema last week addressed delegates at the Zambia International Mining and Energy Conference (ZIMEC), underscoring the country’s improving investment climate, the revival of dormant mining assets, and the growing role of both local and regional investment in driving economic growth. Speaking to industry leaders, investors, and policymakers, the President pointed to the reopening of the historic Kalengwa Mine in North-Western Province as a clear example of the government’s reform agenda and commitment to revitalizing Zambia’s mining sector.… Read More Here