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Category: Mining in DRC

Virtus Minerals Reports 4,000 Jobs and Strong Local Contractor Participation at DRC’s Mutoshi-Étoile Project 1 Mining in DRC Corporate News 

Virtus Minerals Reports 4,000 Jobs and Strong Local Contractor Participation at DRC’s Mutoshi-Étoile Project

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Virtus Minerals Reports Over 4,000 Jobs and 81 Contractors as Mutoshi-Étoile Project Nears Key Milestones in DRC The redevelopment of the Mutoshi-Étoile copper and cobalt project in the Democratic Republic of Congo is gaining momentum, with operator Virtus Minerals reporting significant progress on construction, employment creation and community development initiatives. During a recent meeting with DRC Minister of Mines Louis Watum Kabamba, company representatives provided an update on the former Chemaf assets, which were acquired by the U.S.-based mining firm earlier this year. The discussions focused on project development, economic… Read More Here
Former ARSP Chief Challenges Successor’s Claims Over Subcontracting Certifications and $20 Billion Contracts 2 Mining in DRC Governance 

Former ARSP Chief Challenges Successor’s Claims Over Subcontracting Certifications and $20 Billion Contracts

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Miguel Kashal’s Camp Disputes ARSP Certification Figures, Calls for Transparency Over $20 Billion in Subcontracting Contracts A dispute has emerged within the leadership of the Democratic Republic of Congo’s subcontracting regulator, as supporters of former ARSP Director General Miguel Kashal Katemb challenge recent claims made by his successor regarding the institution’s performance and oversight of subcontracting activities. The controversy follows remarks by current ARSP Director General Ted Beleshayi Kasanda, who reportedly stated that only 80 subcontracting certifications were issued between 2020 and 2025. Kashal’s supporters have dismissed the figure as… Read More Here
DRC Mines Minister Suspends SAEMAPE Director Amid Rising Tensions in Lualaba’s Artisanal Mining Sector 3 Mining in DRC Artisanal mining 

DRC Mines Minister Suspends SAEMAPE Director Amid Rising Tensions in Lualaba’s Artisanal Mining Sector

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DRC Suspends SAEMAPE Director as Government Moves to Address Illegal Artisanal Mining in Lualaba and Haut-Katanga Democratic Republic of Congo Minister of Mines Louis Kabamba Watum has suspended Jean-Paul Kapongo Kadiobo, Director General of the Service for Assistance and Supervision of Artisanal and Small-Scale Mining (SAEMAPE), amid growing concerns over illegal artisanal mining activities in the country’s key mining regions. The suspension was formalized through a ministerial order signed on October 21, 2026, and took immediate effect. The Ministry’s Secretary General has been tasked with implementing the decision. According to… Read More Here
Kamoa-Kakula Inaugurates 60 MW Solar Power Plant with Battery Storage to Strengthen Sustainable Copper Production 4 Mining in DRC Copper Corporate News Energy 

Kamoa-Kakula Inaugurates 60 MW Solar Power Plant with Battery Storage to Strengthen Sustainable Copper Production

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Kamoa-Kakula Launches 60 MW Solar and Battery Storage Project, Advancing DRC’s Renewable Energy and Low-Carbon Copper Ambitions KOLWEZI, DRC – Kamoa Copper has officially commissioned a 60 MW solar power project equipped with battery energy storage systems, marking a major milestone in its efforts to secure reliable renewable energy for the Kamoa-Kakula copper complex and reduce the carbon intensity of its operations. The project, developed in partnership with CrossBoundary Energy and Green World Energie, was officially inaugurated on October 16, 2026, during a ceremony attended by senior government officials, energy… Read More Here
DRC's Sakania-Banana Corridor Set to Cut Logistics Costs and Boost Trade 5 Mining in DRC Transport and Logistics 

DRC’s Sakania-Banana Corridor Set to Cut Logistics Costs and Boost Trade

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Sakania-Banana Trade Corridor Expected to Reduce DRC Transit Costs by 30% and Boost Regional Commerce The development of the Sakania-Banana transport corridor could reduce container transit costs in the Democratic Republic of Congo (DRC) by between 25% and 30%, strengthening the country’s logistics network and improving access between key production centres and consumer markets, according to a new study by the Centre for Research in Public Finance and Local Development (Crefdl). The report, presented in Kinshasa on October 23, highlights the transformative economic potential of the corridor, which is expected… Read More Here
Copper Climbs Above US$14,700 as Cobalt Extends Gains on Global Markets 6 Mining in DRC Cobalt Copper Economy 

Copper Climbs Above US$14,700 as Cobalt Extends Gains on Global Markets

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DRC Copper Prices Rise to US$14,705/Tonne While Cobalt Continues Upward Trend Prices for key mineral exports from the Democratic Republic of Congo (DRC) continued to strengthen on international markets during the week of October 19 to 24, 2026, with both copper and cobalt recording gains amid sustained demand for energy-transition minerals. According to the latest official mineral commodity price schedules, copper rose from US$14,425.60 per tonne to US$14,705.35 per tonne, while cobalt increased from US$38,507 per tonne to US$38,596 per tonne. Copper recorded one of the strongest performances among the… Read More Here
US-Backed Investors Close In on Stake in Glencore’s DRC Mining Assets 7 Mining in DRC Cobalt Copper Corporate News 

US-Backed Investors Close In on Stake in Glencore’s DRC Mining Assets

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US-Backed Consortium Moves Closer to Acquiring Stake in Glencore’s DRC Copper-Cobalt Operations A US-backed consortium is nearing the completion of a major investment in Glencore’s copper-cobalt operations in the Democratic Republic of Congo (DRC), a move that could reshape the ownership landscape of some of the world’s most strategically important critical mineral assets. The transaction, which is reported to be in its final stages, involves Orion Critical Minerals Consortium (Orion CMC) acquiring a 40% stake in Glencore’s majority interests in two major mining operations in the DRC. The deal forms… Read More Here
DRC Mines Minister Urges Zambian Suppliers to Tap into US$80 Billion Mining Market 8 Mining in DRC Events & Expos Mining Equipment Mining in Zambia 

DRC Mines Minister Urges Zambian Suppliers to Tap into US$80 Billion Mining Market

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DRC Mines Minister Louis Kabamba Calls for Stronger Zambia-DRC Mining Supply Chain Partnerships The Democratic Republic of Congo (DRC) has called on Zambian mining suppliers, manufacturers and contractors to partner with Congolese businesses to supply goods and services to its mining industry, in a move aimed at strengthening regional trade, promoting local content and retaining more mineral wealth within Africa. Speaking at the Zambia Mining and Investment Insaka 2026 in Lusaka, DRC Minister of Mines Louis Kabamba said the two countries should leverage Zambia’s growing manufacturing capacity to meet demand… Read More Here
Copper and Cobalt Prices Rise on International Markets in the DRC 9 Mining in DRC Cobalt Copper Economy 

Copper and Cobalt Prices Rise on International Markets in the DRC

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DRC Copper Price Climbs 1.93% to US$14,705 per Tonne as Cobalt Gains 0.23% Copper and cobalt prices recorded increases on international markets during the week of October 19–24, 2026, providing a positive development for the Democratic Republic of Congo (DRC), one of the world’s leading producers of both metals. According to price schedules published by the DRC Ministry of Foreign Trade, the price of copper rose by 1.93% to US$14,705.35 per tonne on October 19, compared with US$14,425.60 the previous week. Cobalt prices also increased, gaining 0.23% to US$38,596 per… Read More Here
DRC and Zambia Seek Stronger Regional Mining Cooperation and Local Value Addition 10 Mining in DRC Economy Events & Expos Mining in Zambia 

DRC and Zambia Seek Stronger Regional Mining Cooperation and Local Value Addition

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DRC Reaffirms Mining Partnership with Zambia to Boost Mineral Processing and Regional Industrialisation The Democratic Republic of Congo (DRC) has reaffirmed its commitment to strengthening mining cooperation with Zambia, with a focus on local mineral processing, regional value chains and increased economic benefits for communities. DRC Minister of Mines Louis Watum Kabamba reiterated the country’s position on October 19, 2026, when he represented President Félix-Antoine Tshisekedi Tshilombo at the opening of the Zambia Mining and Investment Insaka (ZAMII) 2026 in Lusaka. Held at the Mulungushi International Conference Centre, the event… Read More Here

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