Mining in DRC - Copperbelt Katanga Mining

DRC Central Bank Launches Domestic Gold Purchase Program to Bolster Reserves

February 28, 2026February 28, 2026 Constance

DR Congo Central Bank to Buy Artisanal Gold Directly from State Trader to Strengthen Franc and Boost Reserves The Democratic Republic of the Congo has unveiled a new strategy aimed at reinforcing monetary sovereignty and stabilizing its currency, with the central bank announcing plans to purchase gold directly from a fully state-owned trading company. The Banque Centrale du Congo (BCC) will begin buying gold from DRC Gold Trading SA, a government-owned entity that aggregates production from artisanal and small-scale miners. The initiative is designed to channel more of the country’s… Read More Here

Mining in DRC Governance

Haut-Uele Governor Backs Cancellation of Kibali Subcontracting Agreements

February 27, 2026February 27, 2026 Constance

Haut-Uele Governor Jean Bakomito Supports Termination of Kibali Contracts to Enforce DRC Subcontracting Law The Governor of Haut-Uele province, Jean Bakomito, has welcomed the cancellation of subcontracting agreements between Kibali Gold Mine and the companies KMS, Boart Longyear, and TAI Services, describing the move as a significant step toward stricter enforcement of the Democratic Republic of Congo’s subcontracting regulations. In an official statement, Governor Bakomito expressed support for the decision taken by the Autorité de Régulation de la Sous-traitance dans le secteur Privé (ARSP), noting that the termination of the… Read More Here

Mining in DRC Hydro power plant

DRC and Republic of Congo Sign MoU to Develop Hydroelectric Projects on the Congo River

February 27, 2026February 27, 2026 Constance

DRC and Republic of Congo Partner on Congo River Hydropower to Boost Electricity Supply and Regional Integration The Democratic Republic of Congo (DRC) and the Republic of Congo signed a memorandum of understanding (MoU) in Kinshasa on Thursday, 26 February 2026, to jointly develop hydroelectric infrastructure along the Congo River. Authorities described the initiative as a strategic shared asset that could transform energy availability and support economic growth in both countries. Planned Hydroelectric Projects According to the DRC’s Ministry of Hydroelectric Resources, the agreement covers several major projects on both… Read More Here

Diamond Corporate News Mining in DRC

SACIM Completes First Antwerp Diamond Sale in Over a Decade

February 27, 2026February 27, 2026 Constance

SACIM Sells 288,000 Carats in Antwerp as Congolese Industrial Diamonds Return to Open Market The Société Anhui Congo d’Investissement Minier (SACIM) has completed its first public sale of industrial diamonds in Antwerp, Belgium, totalling 288,000 carats. The transaction, held from 16 to 20 February 2026, marks a significant step in re-establishing the company’s presence on the international open market. The sale was conducted with technical coordination from Samir Gems and the Antwerp World Diamond Centre (AWDC). A total of 67 international companies participated, including buyers from China, India, the United… Read More Here

Mining in DRC Artisanal mining Gold

DRC Launches DRC Gold Trading SA Branch in Lubumbashi to Formalise Artisanal Gold Sector

February 27, 2026February 27, 2026 Constance

DRC Mines Minister Louis Watum Kabamba Opens Lubumbashi Gold Trading Office to Curb Smuggling and Boost Official Exports On an official visit to Haut-Katanga province, the Democratic Republic of Congo’s Minister of Mines, Louis Watum Kabamba, inaugurated a new regional branch of DRC Gold Trading SA in Lubumbashi on 26 February 2026. DRC Gold Trading SA, a state-owned enterprise, has been mandated to combat fraud, illicit trade and smuggling in the country’s artisanal and small-scale gold mining (ASM) sector. The opening of the Lubumbashi branch is intended to strengthen state… Read More Here

Mining in DRC Economy Gold Governance

Tshisekedi Prioritises Gold Sector Reform to Boost State Revenue

February 26, 2026February 26, 2026 Constance

DRC President Félix Tshisekedi Unveils Strategy to Curb Gold Smuggling and Strengthen Economic Sovereignty The President of the Democratic Republic of the Congo, Félix Tshisekedi, has placed reform of the gold sector at the centre of the government’s economic agenda, citing its critical importance to public finances and macroeconomic stability. During the Council of Ministers meeting held on 20 February 2026, President Tshisekedi underscored the strategic value of gold production and expressed concern that a significant portion of national output continues to bypass official channels. According to the meeting’s official… Read More Here

Mining in DRC Events & Expos Sponsored

DRC Mining Week 2026 Set to Spotlight Critical Minerals and Investment Opportunities

February 26, 2026February 26, 2026 Constance

DRC Mining Week 2026 in Lubumbashi to Unite 16,500 Global Mining Leaders Around Critical Minerals and Energy Transition From 17 to 19 June 2026, mining stakeholders from across the globe will convene at the Karavia Hotel in Lubumbashi for DRC Mining Week 2026. Organisers expect more than 16,500 participants from over 51 countries, reaffirming the event’s status as the largest mining and infrastructure platform in the Democratic Republic of Congo and the wider Copperbelt region. Theme: From Local Player to Global Critical Minerals Hub Held under the theme “The DRC’s… Read More Here

Mining in DRC Artisanal mining Mining safety

DRC Govt Condemns Artisanal Mine Collapse in Lualaba, Calls for Urgent Safety Measures

February 24, 2026February 24, 2026 Constance

DRC Prime Minister Issues Condolences After Kolwezi Artisanal Mine Collapse, Pledges Stronger Safety Oversight Prime Minister Judith Suminwa expressed profound sorrow following the collapse of an artisanal mining site on the outskirts of Kolwezi, in Lualaba Province, which resulted in the deaths of several Algerian nationals. Speaking at the 78th ordinary meeting of the Council of Ministers, the Prime Minister offered condolences to the families of the victims and affirmed the government’s solidarity with all affected communities. She described the tragedy as a stark reminder of the urgent need to… Read More Here

Mining in DRC Events & Expos

Lualaba Showcased Cobalt Leadership and Sustainable Vision at Mining Indaba 2026

February 24, 2026February 24, 2026 Constance

Lualaba Positioned Itself as Global Cobalt Leader at Mining Indaba 2026 in Cape Town At the 32nd edition of Mining Indaba in Cape Town, South Africa, the province of Lualaba presented itself as a central player in the global mining industry, highlighting its status as the world’s leading cobalt-producing region and outlining its strategy for sustainable economic transformation. Representing the province, Governor Fifi Masuka Saini addressed international investors and industry stakeholders, emphasising Lualaba’s strategic importance in the global energy transition. She underscored the province’s responsibility as a key supplier of… Read More Here

Mining in DRC Copper Gold Zinc

DRC Mineral Export Prices Decline, Tin Records Steepest Weekly Drop

February 24, 2026February 24, 2026 Constance

DRC Tin Price Falls to $48,089 per Ton as Copper, Gold and Zinc Also Decline Export prices for several of the Democratic Republic of Congo’s key minerals are projected to decline during the week of February 23–28, 2026, with tin registering the sharpest drop, according to forecasts from the National Market Commission under the Ministry of Foreign Trade. Tin is expected to trade at $48,089 per ton, down from $49,756 the previous week a decrease of $1,667. This marks the most significant weekly decline among the country’s principal mineral exports… Read More Here