DRC Govt Proposes Certification System for Mining Reserves 1 Mining in DRC Governance 

DRC Govt Proposes Certification System for Mining Reserves

During the 17th Council of Ministers meeting on Friday, October 11, in Kinshasa, Congolese Minister of Mines Kizito Pakabomba presented an information note on the government’s need to establish mechanisms for certifying mining reserves. Pakabomba emphasized that internationally recognized best practices for certifying mineral reserves involve a set of standards and methodologies used to evaluate, document, and certify mineral resources. These practices are essential to ensuring transparency, accuracy, and credibility in the information regarding the country’s mining reserves. According to the Minister of Mines, several key steps are required to… Read More Here
ARSP Director General Settles 30% of Debt Arrears to Public Partners 2 Mining in DRC Governance 

ARSP Director General Settles 30% of Debt Arrears to Public Partners

Miguel Kashal, the Director General of the Regulatory Authority for Subcontracting in the Private Sector (ARSP), has made a significant payment of 30% toward clearing the debt arrears owed since 2020 to three key public entities: FOGEC, ANADEC, and APOCEM. This initiative demonstrates ARSP’s commitment to advancing the emergence of a true Congolese middle class, in alignment with the vision of President Félix Tshisekedi and in collaboration with the supervising ministry. The remaining debt, which predates Kashal’s appointment, is expected to be settled soon. Observers see this move as a… Read More Here
Forbes Honors ARSP Director for Leadership in Congolese Entrepreneurship 3 Mining in DRC Governance 

Forbes Honors ARSP Director for Leadership in Congolese Entrepreneurship

During his visit to the United States, Miguel Kashal Katemb, Director General of the Regulatory Authority for Subcontracting in the Private Sector (ARSP), received a diploma of merit from Forbes magazine. This recognition was awarded for his exemplary leadership in promoting entrepreneurship in the Democratic Republic of Congo (DRC), specifically in the subcontracting sector, where Congolese entrepreneurs have begun to secure substantial contracts with major companies. In 2024, Forbes celebrated several African leaders for their contributions to various sectors. At the event, Miguel Kashal expressed his gratitude to President Félix… Read More Here
Tshisekedi and Macron Discuss Security and Diplomatic Issues at Elysée Palace Meeting 4 Mining in DRC Governance 

Tshisekedi and Macron Discuss Security and Diplomatic Issues at Elysée Palace Meeting

On Friday, October 4, 2024, President Félix Tshisekedi of the Democratic Republic of Congo (DRC) held a one-on-one meeting with French President Emmanuel Macron at the Elysée Palace. The two leaders discussed matters of mutual interest, focusing on key topics previously raised during their April 2024 meeting in France. According to the Congolese presidency, the discussions centered on the security and humanitarian crisis in eastern DRC, resulting from the conflict with Rwanda, as well as the progress of the Luanda Process, an initiative aimed at restoring dialogue between Kinshasa and… Read More Here
U.S. Strengthens Partnership with DRC to Enhance Mineral Processing at UN General Assembly 5 Mining in DRC Copper Governance 

U.S. Strengthens Partnership with DRC to Enhance Mineral Processing at UN General Assembly

During the 79th United Nations General Assembly, Félix Tshisekedi met with José W. Fernandez, U.S. Under Secretary of State for Economic Growth, Energy, and the Environment. The meeting, which took place on Monday, included the Congolese Minister of Mines, the Chairman of the Board of Directors of Gécamines, and a delegation from Buenassa, the company spearheading a project to construct a copper and cobalt refinery in Lualaba province. Mr. Fernandez reiterated the United States’ interest in investing in the Democratic Republic of the Congo (DRC) to foster a local industry… Read More Here
DRC Prime Minister Submits 2025 Budget Plan with Focus on Investments 6 Mining in DRC Economy Governance 

DRC Prime Minister Submits 2025 Budget Plan with Focus on Investments

On Monday, September 16, Prime Minister Judith Suminwa presented three key draft laws to the National Assembly: the 2025 finance bill, the 2024 budget performance report, and an amended 2024 budget law. The proposed 2025 budget amounts to 49,847 billion Congolese francs (approximately $18 billion USD), reflecting a 21% increase over the 2024 budget of 40,986 billion Congolese francs. The Prime Minister explained that the budget takes into account global economic disruptions, such as the ongoing conflicts in Ukraine and the Middle East, as well as internal challenges like the… Read More Here
Tshisekedi and IGF Chief Discuss Anti-Corruption and Revenue Mobilization 7 Mining in DRC Governance 

Tshisekedi and IGF Chief Discuss Anti-Corruption and Revenue Mobilization

On Wednesday, September 18, President Félix Tshisekedi received the Inspector General of Finance (IGF), Jules Alingete Key, at the African Union City. The meeting, according to the Presidency, focused on the ongoing fight against corruption, embezzlement of public funds, and other unethical practices within the government. Alingete, who leads the IGF’s efforts to combat financial misconduct, presented a report on the institution’s monitoring of state financial operations. Jules Alingete emphasized that President Tshisekedi’s “clear and precise” directives aim to strengthen the IGF’s role in supporting the mobilization of public revenue.… Read More Here
Zambian Govt and Mining Companies Seek Resolution Over Proposed Mineral Rights Legislation 8 Mining in Zambia Governance Mining Policy 

Zambian Govt and Mining Companies Seek Resolution Over Proposed Mineral Rights Legislation

Zambian mining companies have engaged in discussions with the government to address concerns over a proposed legal amendment that could grant the state a larger share of the country’s mineral resources. The draft legislation, currently under consideration in Zambia’s parliament, would allow the government to “acquire mining rights for investment.” This would enable the state to purchase a stake in a mining area before an exploration license is issued and retain ownership after a discovery is made and the site is developed. The Zambia Chamber of Mines, whose members include… Read More Here
President Tshisekedi Launches Mineral Certification System for Better Resource Management 9 Mining in DRC Governance 

President Tshisekedi Launches Mineral Certification System for Better Resource Management

On September 9, 2024, President Félix Tshisekedi initiated a groundbreaking project aimed at improving the management of natural resources in the Democratic Republic of Congo (DRC) by introducing a certification system for mineral reserves. This was announced during the first extraordinary meeting of the Council of Ministers. The certification system marks a major step toward transparency and traceability in the mining sector, which plays a vital role in the country’s economy. The system will ensure that each allocated mining concession is cataloged and assessed according to international standards, promoting fair… Read More Here
President Hichilema Hails Three Years of Progress, Highlights Key Achievements 10 Mining in Zambia Copper Economy Governance 

President Hichilema Hails Three Years of Progress, Highlights Key Achievements

President Hakainde Hichilema has hailed his three years in office as a success, emphasizing significant achievements across various sectors due to dedicated efforts. Among the accomplishments highlighted are the revitalization of key mining operations, including Mopani Copper Mines, Konkola Copper Mines (KCM), and Shaft 28 in Luanshya. The President made these remarks during an interaction with the public and journalists at Simon Mwansa Kapwepwe International Airport in Ndola. His visit to the Copperbelt Province is part of a two-day working tour. Earlier, President Hichilema met with UPND Bwana Mukubwa Party… Read More Here

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