Mining in DRC - Copperbelt Katanga Mining

US Sanctions Target Mineral Trafficking Networks Linked to Eastern DRC Conflict 1

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 Constance0 comment

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 Constance0 comment

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 Constance0 comment

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 Constance0 comment

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 Constance0 comment

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 Constance0 comment

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

Mining in DRC Corporate News Events & Expos

Kobold Metals’ Benjamin Katabuka Calls for Greater Geological Knowledge to Accelerate Mineral Discovery

June 25, 2026June 25, 2026 Constance0 comment

Kobold Metals Highlights AI-Powered Exploration and Long-Term Mining Opportunities in the DRC Speaking during the panel discussion titled “Mining Exploration: From Geological Uncertainty to Strategic Planning” at DRC Mining Week 2026, Benjamin Katabuka, Managing Director of Kobold Metals DRC, outlined the company’s vision for the future of mineral exploration in the Democratic Republic of Congo (DRC). Addressing participants gathered at the Pullman Lubumbashi Grand Karavia conference venue, Katabuka emphasized that one of the country’s biggest challenges remains the lack of detailed geological data across large parts of the DRC. Despite… Read More Here

Mining in DRC Cobalt Copper Corporate News Mergers & Acquisitions

U.S. Welcomes Virtus Minerals’ Acquisition of Chemaf Assets as Strategic Step in DRC Mining Sector

June 23, 2026June 23, 2026 Constance0 comment

Virtus Minerals’ Chemaf Deal Marks U.S. Return to DRC Mining and Critical Minerals Push, Says Washington The acquisition of Chemaf Group’s mining assets in the Democratic Republic of Congo by U.S.-based Virtus Minerals continues to draw strong support from Washington, where officials view the deal as a strategic milestone in strengthening American engagement in the global critical minerals sector. Jacob S. Helberg, U.S. Under Secretary of State for Economic Affairs, described the transaction as a significant development for both the United States and the DRC, framing it as part of… Read More Here

Mining in DRC Events & Expos

DRC Mining Week 2026 Highlights Push for Greater Women’s Inclusion in Mining Sector

June 23, 2026June 23, 2026 Constance0 comment

DRC Mining Week 2026 Calls for Stronger Women Participation in Mining Through Finance, Leadership and Policy Reform The 2026 edition of DRC Mining Week in Lubumbashi emphasized the need for a more structured and inclusive approach to women’s participation in the extractive industry. The discussion took place during the “Women – Mines & Leadership” forum, co-organized by FONAREV and MMG Kinsevere. The forum brought together representatives from mining companies, women leaders in the sector, financial institutions, entrepreneurship organizations, universities, and public agencies to explore ways of strengthening women’s involvement across… Read More Here