Mining in DRC - Copperbelt Katanga Mining

DRC Hosts BUANYA Excellence Competition to Strengthen Mining Governance Skills Among Future Administrators

June 28, 2026June 28, 2026 Constance

DRC Ministry of Mines Awards Winners of BUANYA Competition to Train Future Leaders in Mining Governance The Ministry of Mines of the Democratic Republic of Congo held the official award ceremony for the BUANYA Excellence Competition on Wednesday, 24 June 2026, at the Pullman Grand Hotel in Kinshasa. The initiative was launched by the Minister of Mines, Louis Watum Kabamba, to engage students of the National School of Administration (ENA) on key strategic issues in the country’s mining sector. The ceremony was attended by the Secretary General of the Ministry… Read More Here

Mining in DRC Gold New Mining Projects

DRC Moves to Revive Historic Mongbwalu Gold District Through New Industrial Mining Partnership

June 28, 2026June 28, 2026 Constance

DRC Launches Mongbwalu Gold Venture to Formalise Ituri Mining and Boost Industrial Gold Production The Democratic Republic of Congo (DRC) is advancing efforts to formalise and industrialise its gold sector through a new joint venture to develop the historic Mongbwalu gold district in Ituri Province, one of the country’s richest but most challenging gold-producing regions. The project brings together the state-owned mining company Société Minière de Kilo-Moto (SOKIMO) and Shari Minerals (SHM), a mining company established in 2025 to develop the Mongbwalu Gold Mine in partnership with SOKIMO. The initiative… Read More Here

Mining in DRC Exploration New Mining Projects

DRC Launches MICKA Geological Exploration Project in Kasai-Oriental

June 28, 2026June 28, 2026 Constance

DRC Mines Minister Launches MICKA Copper Exploration Project to Unlock Kasai Mineral Potential The Minister of Mines, Louis Watum Kabamba, has officially launched geological prospecting activities in Mbuji-Mayi, Kasai-Oriental Province, as part of the MICKA project (Kasai Copper Mines), a new initiative aimed at assessing the region’s copper potential and supporting long-term mining development. The minister arrived at Mbuji-Mayi airport on Thursday, 25 June, where he was received by local authorities and a large gathering of residents. Public interest in the visit was reflected in crowds lining major roads in… Read More Here

Mining in DRC Regional conflict

US Sanctions Target Mineral Trafficking Networks Linked to Eastern DRC Conflict

June 28, 2026June 28, 2026 Constance

US Imposes Sanctions on Individuals and Entities Over Alleged Conflict Mineral Smuggling in Eastern DRC The United States has imposed a new round of sanctions targeting individuals and entities accused of involvement in the illicit trade of minerals originating from the eastern Democratic Republic of Congo (DRC), according to statements from the U.S. State Department and Treasury Department. The measures focus on networks alleged to be linked to the smuggling of conflict minerals through regional supply chains. Among those sanctioned are individuals and entities accused of facilitating the movement of… Read More Here

Mining in DRC Artisanal mining

DRC Plans 20,000-Member Mining Security Force to Protect Mines and Formalize Artisanal Sector

June 28, 2026June 28, 2026 Constance

Democratic Republic of Congo to Train 20,000 Armed Guards to Secure Mines and Improve Mineral Traceability The Democratic Republic of Congo is in discussions with a private company to train more than 20,000-armed guards dedicated to securing mining sites across the country, in a major initiative aimed at improving oversight, reducing illegal extraction, and strengthening the reputation of its mining industry. According to the head of the General Inspectorate of Mines, the proposed force will be responsible for protecting large-scale industrial mining operations, supporting the formalisation of artisanal mining activities,… Read More Here

Mining in DRC Economy

DRC Plans Worker Equity Scheme in Mining Sector Through Cooperatives and Credit Financing

June 28, 2026June 28, 2026 Constance

DR Congo Drafts Plan to Give Mining Workers 5% Equity Stakes via Cooperatives and Company Credit The Democratic Republic of Congo is preparing a new framework that would enable mining employees to acquire mandatory ownership stakes in the companies they work for through worker cooperatives and company-financed credit arrangements. A draft decree from the country’s Ministry of Mines outlines measures to enforce existing legislation requiring mining firms to allocate 10% of their equity to Congolese nationals, including a dedicated 5% share for employees. Although the law was introduced in 2018,… Read More Here

Mining in DRC Economy Investment News

IMF Approves $348.5 Million Financing Package for the DRC

June 28, 2026June 28, 2026 Constance

IMF Unlocks $348.5 Million Funding for DR Congo to Support Growth, Mining Expansion and Climate Resilience The International Monetary Fund (IMF) has approved nearly US$348.5 million in new financing for the Democratic Republic of Congo (DRC), reinforcing international support for one of Africa’s most resource-rich and fast-growing economies as it continues to navigate security challenges, public health risks, and climate-related pressures. The funding was approved following successful programme reviews under the IMF’s Extended Credit Facility (ECF) and Resilience and Sustainability Facility (RSF), unlocking disbursements aimed at stabilising the economy and… Read More Here

Mining in DRC

SOKIMO Suspends Cooperative Mining Operations in Ituri Amid Governance Review

June 25, 2026June 25, 2026 Constance

SOKIMO halts mining activities in Ituri cooperatives as Kinshasa talks target governance reforms and sector cleanup The Kilo-Moto Mining Company (SOKIMO) has engaged mining cooperatives and key stakeholders in Kinshasa for a series of working sessions aimed at reshaping the future of mining operations within its concessions in Ituri province. The discussions follow a recent field mission to Ituri by SOKIMO’s senior management, which identified several operational and governance challenges affecting some local mining cooperatives. These included issues related to compliance with commitments, organizational capacity, and overall management practices. In… Read More Here

Mining in DRC

DRC Launches “BUANYA” Excellence Awards to Strengthen Mining Governance Through Young Professionals

June 25, 2026June 25, 2026 Constance

DRC Ministry of Mines awards ENA graduates under BUANYA initiative to promote transparency and reform in mining sector The Ministry of Mines of the Democratic Republic of Congo held the official awards ceremony for the “BUANYA” excellence competition on Wednesday, June 24, 2026, at the Pullman Grand Hotel in Kinshasa. Launched by Minister of Mines Louis Watum Kabamba, the initiative is designed to engage graduates of the National School of Administration (ENA) in strengthening governance, transparency, and performance across the country’s strategic mining sector. The ceremony was attended by senior… Read More Here

Mining in DRC Corporate News Mining safety Safety & Health

DRC Parliament Raises Alarm Over Environmental Impact of Ruashi Mining Operations in Kolwezi

June 25, 2026June 25, 2026 Constance

DRC National Assembly reviews pollution allegations against Ruashi Mining amid health and environmental concerns in Kolwezi The Democratic Republic of Congo’s National Assembly has received a formal motion highlighting serious environmental and public health concerns linked to the activities of Ruashi Mining in Kolwezi, located in Lualaba province. The motion was introduced by National Deputy Eddy Ilunga Mbuyu, who is calling for government intervention to address pollution concerns raised by residents living near the mining site, particularly in the Ilungu district. He urged authorities to halt operations until adequate measures… Read More Here