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Category: Mining in DRC

DRC Launches PanAfGeo+ INVEST Program to Enhance Geological Capacity and Responsible Mining 1 Mining in DRC 

DRC Launches PanAfGeo+ INVEST Program to Enhance Geological Capacity and Responsible Mining

Constance
DRC Launches PanAfGeo+ INVEST Initiative to Boost Mining Governance, Geological Data, and Sustainable Resource Management The Democratic Republic of the Congo officially launched the PanAfGeo+ INVEST program on Tuesday, March 17, 2026, marking a significant step toward strengthening governance, transparency, and national sovereignty in the mining sector. The launch ceremony was held at the Pullman Kinshasa Grand Hotel, bringing together key technical and institutional partners. The event was presided over by the Minister of Mines, Louis Watum Kabamba, alongside representatives of the European Union in the country. A Strategic Partnership… Read More Here
DRC Civil Society Raises Concerns Over Draft Directive on Mining Community Funds 2 Mining in DRC 

DRC Civil Society Raises Concerns Over Draft Directive on Mining Community Funds

Constance
DRC Civil Society Warns New Mining Fund Directive Could Undermine Local Development and Decentralisation Civil society organisations in the Democratic Republic of Congo have raised serious concerns over a draft supplementary directive governing the management of the 0.3% mining revenue allocation, warning that the proposed reforms could undermine local development and weaken decentralisation. In an open letter dated March 18, 2026, addressed to the Ministers of Social Affairs and Mines, the organisations acknowledged the urgent need to improve the management of the fund so that it effectively supports sustainable development… Read More Here
Tenke Fungurume Mining Rejects Environmental Report Findings 3 Mining in DRC Cobalt Copper Corporate News 

Tenke Fungurume Mining Rejects Environmental Report Findings

Constance
TFM Disputes EIA Report, Calls Allegations on Emissions and Health Impacts Inaccurate Tenke Fungurume Mining (TFM) has strongly rejected the findings of a report published on March 9, 2026 by the Environmental Investigation Agency (EIA), describing its conclusions as “factually inaccurate” and based on “unsupported assumptions.” In a formal statement, TFM said it had engaged openly with the EIA’s concerns, providing a written response on February 10 following earlier correspondence in January. The company, however, criticised the final report for failing to accurately reflect its submissions, arguing that this had… Read More Here
Rome Resources Reports High-Grade Tin Results at Kalayi Prospect in DRC 4 Mining in DRC Corporate News New Mining Projects 

Rome Resources Reports High-Grade Tin Results at Kalayi Prospect in DRC

Constance
Rome Resources Confirms High-Grade Tin at Kalayi Prospect in Democratic Republic of the Congo Amid Ongoing Drill Programme AIM-listed Rome Resources has reported continued success at its Kalayi prospect within the Bisie North project area in the Democratic Republic of the Congo, confirming consistent near-surface high-grade tin mineralisation as its drilling programme nears completion. The Kalayi prospect lies about 8 km from Alphamin Resources’ Mpama tin mining complex, highlighting its strategic location within a proven tin-producing region. Since the company’s last update in mid-February, two drill rigs have remained active… Read More Here
Cobalt Shortage Set to Persist as DRC Export Controls Tighten Global Supply 5 Mining in DRC Cobalt Economy 

Cobalt Shortage Set to Persist as DRC Export Controls Tighten Global Supply

Constance
Global Cobalt Supply Crunch to Continue Through 2030 as Democratic Republic of the Congo Export Restrictions Disrupt Market A global cobalt shortage is expected to persist through the end of the decade as export restrictions from the Democratic Republic of the Congo (DRC) continue to disrupt supply chains, according to trading firm Darton Commodities. Cobalt shipments from the DRC declined significantly in 2025 after the government imposed an export ban in February, followed by strict quotas in October. The country responsible for more than 70% of global cobalt supply introduced… Read More Here
DRC Moves to Approve Chemaf Sale to US Firm Virtus Minerals 6 Mining in DRC Cobalt Copper Corporate News 

DRC Moves to Approve Chemaf Sale to US Firm Virtus Minerals

Constance
Democratic Republic of the Congo Set to Approve Chemaf Sale to Virtus Minerals in Strategic US Critical Minerals Push The Democratic Republic of the Congo (DRC) is reportedly preparing to approve the sale of mining company Chemaf to US-based Virtus Minerals, a move that would advance a strategic minerals partnership between Washington and Kinshasa. According to sources cited by Bloomberg News, Congo’s Mines Minister, Louis Watum, informed Virtus that the government intends to clear the transaction. The approval would mark a significant step in the transfer of one of the… Read More Here
DRC and South Africa Move to Revive Inga 3 Hydropower Project Talks 7 Mining in DRC Hydro power plant 

DRC and South Africa Move to Revive Inga 3 Hydropower Project Talks

Constance
Inga 3 Hydropower Project: Democratic Republic of the Congo and South Africa Resume Energy Talks to Boost Power Exports The Democratic Republic of the Congo (DRC) and South Africa are set to resume discussions on the long-delayed Inga 3 hydroelectric project in April 2026, according to a March 12 statement from the Congolese Ministry of Hydraulic Resources and Electricity. South Africa’s Minister of Electricity and Energy, Kgosientsho Ramokgopa, has confirmed plans for an official visit to the DRC aimed at advancing negotiations. The talks will focus on renewing and updating… Read More Here
Rising Demand for Strategic Metals Boosts Africa’s Role in the Global Tech Supply Chain 8 Mining in DRC 

Rising Demand for Strategic Metals Boosts Africa’s Role in the Global Tech Supply Chain

Constance
Ruthenium and Tantalite Prices Surge to Multi-Year Highs as Demand for AI and Electronics Grows Prices of ruthenium and tantalite, two strategic metals widely used in electronics, aerospace systems, and advanced computing technologies, have climbed to multi-year highs as global demand accelerates while supply remains constrained. This market shift is strengthening the strategic position of African producers, particularly South Africa and the Democratic Republic of the Congo (DRC), which play key roles in supplying these critical minerals to the global technology industry. Ruthenium Prices Rise as Supply Remains Limited Ruthenium,… Read More Here
Tshisekedi Urges Economic Vigilance as Global Tensions Threaten DRC Mining Sector 9 Mining in DRC Economy 

Tshisekedi Urges Economic Vigilance as Global Tensions Threaten DRC Mining Sector

Constance
DR Congo Moves to Protect Mining Sector and Economy as Global Geopolitical Tensions Rise President Félix Tshisekedi has warned members of the government about the potential economic consequences of escalating geopolitical tensions in the Middle East, stressing that global instability could affect the mining-driven economy of the Democratic Republic of the Congo. The head of state delivered the warning during the 82nd meeting of the Council of Ministers, held on March 13 at the African Union City in Kinshasa. According to the president, rising geopolitical tensions are already generating volatility… Read More Here
DRC Raises $26.4 Million in Treasury Bond Auction Amid Moderate Investor Demand 10 Mining in DRC Economy 

DRC Raises $26.4 Million in Treasury Bond Auction Amid Moderate Investor Demand

Constance
DR Congo Raises $26.4M in Treasury Bond Auction as Government Seeks $640M From Domestic Market in 2026 The government of the Democratic Republic of the Congo (DRC) raised $26.4 million on the domestic financial market during a Treasury bond auction held last week. The information was disclosed in a press release published on March 11, 2026 by the country’s Ministry of Finance of the Democratic Republic of the Congo, which presented the results of the financing operation. According to the official document, the amount raised corresponds to a coverage rate… Read More Here

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