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Category: Mining in DRC

Copper Prices Slip Again as Mixed Performance Hits Key DRC Mineral Exports 1 Mining in DRC Copper 

Copper Prices Slip Again as Mixed Performance Hits Key DRC Mineral Exports

Constance
Copper, cobalt, and gold prices show mixed trends as DRC export basket weakens amid global metals market correction Copper, the Democratic Republic of Congo’s most important export commodity, is expected to extend its downward trend on international markets during the week of June 1–6, 2026, according to the latest official price bulletin for exported mineral products. The benchmark copper price is set at $13,524 per tonne, down from $13,558 the previous week a decrease of $34. Although relatively modest, this marks a second consecutive weekly decline and reinforces a broader… Read More Here
DRC Moves to Classify Lithium as Strategic Mineral Ahead of Manono Production Boom 2 Mining in DRC Battery Metals Lithium 

DRC Moves to Classify Lithium as Strategic Mineral Ahead of Manono Production Boom

Constance
DR Congo designates lithium as strategic mineral, raising royalties as Manono mine and global demand reshape critical metals strategy The Democratic Republic of Congo (DRC) is strengthening its position in the global critical minerals economy by moving to classify lithium as a strategic mineral, in a decision that comes just ahead of the expected launch of large-scale production at the Manono lithium project. Already a dominant global supplier of copper and cobalt, the country is now positioning itself to play a central role in the lithium supply chain an essential… Read More Here
Ivanhoe Mines’ Kipushi Mine Achieves Record Monthly Zinc Production in May 3 Mining in DRC Corporate News Zinc 

Ivanhoe Mines’ Kipushi Mine Achieves Record Monthly Zinc Production in May

Constance
Ivanhoe Mines Reports Record Zinc Output at Kipushi Mine as Production Tracks Midpoint of 2026 Guidance TSX-listed Ivanhoe Mines has reported a record month of zinc production at its Kipushi Mine in the Democratic Republic of Congo, highlighting the operation’s strong performance as it ramps up production. The mine produced 25,677 tonnes of zinc in concentrate during May, surpassing the previous monthly record of 22,968 tonnes set in January by 12%. The achievement reflects continued operational improvements and strong plant performance at one of the world’s highest-grade zinc mines. During… Read More Here
DRC Govt and Chamber of Mines Discuss New Rules for Mining Product Marketing and Exports 4 Mining in DRC 

DRC Govt and Chamber of Mines Discuss New Rules for Mining Product Marketing and Exports

Constance
DRC Advances Mining Sector Reform Through Stakeholder Consultations on New Commercialization Framework The Democratic Republic of Congo has taken another step toward modernizing its mining regulatory framework, with government officials and industry representatives meeting to discuss proposed reforms governing the commercialization and export of mining products. On June 2, 2026, Minister of Mines Louis Watum Kabamba chaired a consultation meeting at his office, bringing together government experts and representatives of the Chamber of Mines of the Federation of Enterprises of Congo (FEC). The discussions focused on a draft interministerial order… Read More Here
DRC Mines Minister Reviews Virtus Minerals’ Progress on Former Chemaf Assets 5 Mining in DRC Corporate News 

DRC Mines Minister Reviews Virtus Minerals’ Progress on Former Chemaf Assets

Constance
DRC Mines Minister Calls for Monthly Reporting as Virtus Minerals Advances Étoile and Mutoshi Projects The Democratic Republic of Congo’s Minister of Mines, Louis Watum Kabamba has reaffirmed the government’s commitment to closely monitoring the development of strategic mining projects following a high-level meeting with Virtus Minerals to review progress on the former Chemaf mining assets. Speaking after a working session held on June 2, 2026, the minister said the meeting was convened to assess developments since Virtus Minerals received authorization to take over the mining assets of the Chemaf… Read More Here
DRC Mining Week Reassures Participants as Ebola Situation Monitored Ahead of 2026 Lubumbashi Event 6 Mining in DRC Events & Expos 

DRC Mining Week Reassures Participants as Ebola Situation Monitored Ahead of 2026 Lubumbashi Event

Constance
DRC Mining Week 2026 Confirms Lubumbashi Event Amid Ebola Concerns, Says No Restrictions in Place Organizers of DRC Mining Week 2026 have confirmed that preparations for the upcoming event remain on track despite recent public concern and media reports regarding Ebola cases in certain regions of the Democratic Republic of Congo. The event is scheduled to take place from June 17 to 19, 2026, at the Grand Karavia Hotel in Lubumbashi. In a statement, the organizers emphasized that the safety, well-being, and trust of participants, partners, staff, and host communities… Read More Here
DRC Expands List of Strategic Minerals to Include Lithium, Uranium and Tungsten 7 Mining in DRC Battery Metals Lithium Uranium 

DRC Expands List of Strategic Minerals to Include Lithium, Uranium and Tungsten

Constance
DRC Updates Strategic Minerals Policy to Reflect Global Critical Raw Material Demand The Democratic Republic of Congo (DRC) has approved an expansion of its list of strategic mineral substances, following the validation of a draft decree by the Council of Ministers on Friday, May 29, 2026, in Kinshasa. The proposal was presented by Minister of Mines Louis Watum Kabamba. The new decree supplements Decree No. 18/042 of November 24, 2018, which originally designated cobalt, germanium, and coltan (columbite-tantalite) as strategic minerals. The revision reflects evolving international market conditions, rising demand… Read More Here
DRC Launches New Diamond Company to Strengthen Local Processing and Exports 8 Mining in DRC Diamond 

DRC Launches New Diamond Company to Strengthen Local Processing and Exports

Constance
DRC Approves ADEX RDC SA Joint Venture to Boost Diamond Processing and Local Value Addition The Democratic Republic of Congo (DRC) has approved the creation of ADEX RDC SA, a new joint venture aimed at modernizing and strengthening the country’s diamond sector through increased local value addition. The decision was taken during the 91st ordinary meeting of the Council of Ministers held on Friday, May 29, 2026, in Kinshasa. The proposal was presented by the Minister of Mines, Louis Watum Kabamba, and subsequently validated by the government. ADEX RDC SA… Read More Here
Angola and DRC Strengthen Energy Partnership Through Major Cross-Border Power Project 9 Mining in DRC Electricity Energy 

Angola and DRC Strengthen Energy Partnership Through Major Cross-Border Power Project

Constance
Angola and DRC Plan 1,450km Power Transmission Network to Deliver Over 2,000MW of Electricity Angola and the Democratic Republic of Congo (DRC) are set to deepen their energy cooperation through the development of two major electricity transmission lines spanning more than 1,400 kilometers, according to DRC Minister of Water Resources and Electricity, Teddy Molendo Sakombi. Speaking in Luanda on Thursday after meeting Angolan President João Lourenço, Sakombi revealed plans for two cross-border power transmission projects. The first line will connect Angola’s Malanje Province to the DRC, while the second will… Read More Here
KoBold Metals Outlines Ambition to Position DRC as Global Lithium Powerhouse 10 Mining in DRC Battery Metals Corporate News Lithium 

KoBold Metals Outlines Ambition to Position DRC as Global Lithium Powerhouse

Constance
KoBold Metals Targets DRC Lithium Leadership with Data-Driven Mining Strategy at Manono KoBold Metals DRC, the Congolese subsidiary of US-based exploration company KoBold Metals, says it aims to help position the Democratic Republic of Congo (DRC) as a global lithium powerhouse through advanced technology, data intelligence, and modern exploration methods. Speaking at the 11th edition of Expo Béton 2026 in Kalemie, Tanganyika Province, Managing Director Benjamin Katabuka said the company is working to transform mineral exploration by using data-driven techniques rather than conventional geological approaches. “Our American mining technology company… Read More Here

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