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Category: Mining in DRC

DRC Achieves Record Coltan Exports in 2024 Despite Declining Production 1 Mining in DRC Coltan 

DRC Achieves Record Coltan Exports in 2024 Despite Declining Production

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The Democratic Republic of Congo (DRC) exported a record 2,485 tonnes of coltan in the first nine months of 2024, surpassing the previous peak of 2,466 tonnes set in 2020, according to data released by the Ministry of Mines at the end of December 2024. However, the figures raise questions as they contrast with the production levels recorded during the same period. Coltan production for the first three quarters of 2024 amounted to just 872 tonnes, marking the lowest total since 2013 when the country produced only 358 tonnes. A… Read More Here
DRC Mining Exports Expected to Maintain Stability in January 2025 2 Mining in DRC 

DRC Mining Exports Expected to Maintain Stability in January 2025

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Mining products exported from the Democratic Republic of Congo (DRC) are expected to experience a period of stability during the week of January 20-25, 2025, according to the National Commission of Price Mercurials of the Ministry of Foreign Trade. The price of copper, a crucial driver of the DRC’s economy, is expected to settle at USD 8,802.35 per ton. The DRC, currently the world’s third-largest producer of copper behind Chile, relies heavily on this mineral, which accounts for over 90% of the country’s extractive sector exports. In 2022, the country… Read More Here
DRC Diamond Exports Reach USD 66.4 Million in Q3 2024, Driven by Artisanal Production 3 Mining in DRC Artisanal mining Diamond 

DRC Diamond Exports Reach USD 66.4 Million in Q3 2024, Driven by Artisanal Production

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In the third quarter of 2024, the Democratic Republic of Congo (DRC) saw diamond exports generate approximately USD 66.4 million, according to a report from the Technical Cell for Coordination and Mining Planning (CTCPM). The artisanal sector led the exports, with approximately 7.4 million carats exported, yielding an estimated USD 42.8 million in revenue. Export data by comptoir reveals that MALABAR was the leading exporter, accounting for 32% of the total quantity, followed by DIAMAZ with 21%, SAGA at 16%, AMAZONA at 19%, and MIABI at 9%. The MIABI comptoir… Read More Here
President Tshisekedi Outlines Vision for Sustainable Growth at World Economic Forum 4 Mining in DRC Events & Expos 

President Tshisekedi Outlines Vision for Sustainable Growth at World Economic Forum

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During his address at the World Economic Forum in Davos, Switzerland, on Wednesday, January 22, 2025, Democratic Republic of Congo (DRC) President Félix Tshisekedi unveiled a bold plan to transform the nation’s economy while reducing its carbon footprint. Emphasizing the potential of renewable energy sources like solar, hydroelectric, and wind technologies, Tshisekedi highlighted the DRC’s natural advantages as the foundation for a sustainable future. “By harnessing the power of our rivers and the abundance of sunshine that bathes our lands, we will build a sustainable energy infrastructure to power local… Read More Here
DRC President Advocates for Global Cooperation on Ambitious Green Corridor Project 5 Mining in DRC 

DRC President Advocates for Global Cooperation on Ambitious Green Corridor Project

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On Saturday, January 18, 2025, President Félix-Antoine Tshisekedi reaffirmed the Democratic Republic of Congo’s (DRC) commitment to the groundbreaking “Green Corridor” project, which aims to strengthen the surveillance of protected areas while promoting sustainable development. This initiative, launched in December 2024 by Minister of Environment and Sustainable Development Eve Bazaiba, seeks to address critical environmental, economic, and social challenges. Speaking during a New Year’s reception with ambassadors accredited to the DRC, President Tshisekedi emphasized that the “Green Corridor” is more than just an environmental effort. “This project is a comprehensive… Read More Here
CAMI Chair Denounces Illegal Mining in Tshopo Province, Promises Reforms 6 Mining in DRC Artisanal mining 

CAMI Chair Denounces Illegal Mining in Tshopo Province, Promises Reforms

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During a mission to Kisangani, Crispin Mbindule, President of the Board of Directors of the Mining Registry (CAMI), confirmed the illegal exploitation of mining resources in Mangi, Tshopo Province. After verifying reports, Mbindule acknowledged the claims made by civil society. “Indeed, the allegations of illegal mining activities in Mangi are true. We found that several companies are operating without valid permits,” he stated. On Thursday, January 23, 2025, Mbindule met with the president of the civil society in Banalia Territory and the provincial Mining Cadastre directorate to address issues related… Read More Here
DRC Gold Trading SA Exports 200kg of Gold in January from Artisanal Mining 7 Mining in DRC Economy Gold 

DRC Gold Trading SA Exports 200kg of Gold in January from Artisanal Mining

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DRC Gold Trading SA, a state-owned mining company in the Democratic Republic of Congo (DRC), announced via its official X account on Tuesday, January 21, that it had exported 200 kilograms of gold during January. The gold was sourced from artisanal and small-scale mining activities. The company revealed that the exports were facilitated by its branches located in Kalemie, the capital of Tanganyika province, and Bukavu, in South Kivu province. Previously known as “Primera Gold,” the company was rebranded as DRC Gold Trading SA. Notably, on December 9, 2024, the… Read More Here
Belgium Appoints Investigating Magistrate in DRC's Conflict Minerals Case Against Apple 8 Mining in DRC 

Belgium Appoints Investigating Magistrate in DRC’s Conflict Minerals Case Against Apple

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An investigating magistrate has been appointed in Belgium to look into criminal complaints filed by the Democratic Republic of the Congo (DRC) in December, accusing Apple subsidiaries of using so-called conflict minerals in their supply chain, according to a lawyer representing the DRC government. Leo Fastenakel, one of the DRC’s lawyers in Belgium, confirmed the appointment of the judge, noting that the magistrate is regarded as serious and rigorous, although he did not disclose the magistrate’s name. The investigation will determine whether any offences have been committed, with decisions based… Read More Here
DRC Minister of Mines to Lead Delegation at Mining Indaba 2025 9 Mining in DRC Events & Expos Mining Personality 

DRC Minister of Mines to Lead Delegation at Mining Indaba 2025

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The 2025 Investing in African Mining Indaba welcomes a distinguished delegation from the Democratic Republic of the Congo (DRC), led by H.E. Kizito Pakabomba Kapinga Mulume, Minister of Mines, and Hon. Louis Watum, Minister of Industry and the Development of Small and Medium-Sized Enterprises. Kizito Pakabomba brings over 20 years of international expertise in the oil and energy sectors, having worked with the TOTAL Group across Africa, Europe, and Asia. In 2017, he founded TWYK, a company specializing in upstream strategy and monitoring, business development, public affairs and lobbying, strategic… Read More Here
Six Killed in Landslide at Artisanal Mine in DRC's Bas-Uele Province 10 Mining in DRC Artisanal mining 

Six Killed in Landslide at Artisanal Mine in DRC’s Bas-Uele Province

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A tragic landslide at an artisanal mine in the Bondo territory of Bas-Uele province, Democratic Republic of Congo (DRC), claimed the lives of six people on the night of January 11 to 12. The incident was reported by the provincial Minister of Mines, Modeste Midikilo, to local press over the weekend. The landslide occurred at the Don de Dieu/Ngbede mining site. Minister Midikilo confirmed that investigations would be launched into the incident. To prevent future tragedies, Minister Midikilo urged artisanal miners to adhere to safety standards and emphasized the need… Read More Here

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