Mining in DRC - Copperbelt Katanga Mining

British International Investment partners with Rawbank to enhance financial inclusion for small businesses in DRC

March 5, 2026March 5, 2026 Constance

4 March, 2026 – British International Investment (BII), the UK’s development finance institution and impact investor, has committed $25 million in financing to Rawbank, the largest commercial bank in the Democratic Republic of Congo (DRC). The facility will strengthen Rawbank’s ability to increase access to finance for non-mining corporates and small and medium-sized enterprises (SMEs) across the country. In DRC, local businesses face a shortage of long‑term funding from the financial sector, particularly small businesses and non‑mining corporates that play a vital role in diversifying the economy. By providing much… Read More Here

Mining in DRC Electricity Partnership

DRC and Angola Partner with Somagec on $1.2B Energy Transmission Projects

February 28, 2026February 28, 2026 Constance

DRC and Angola Launch Major Cross-Border Energy Transmission Lines to Boost Industrial Growth and ElectrificationThe Ministry of Water Resources and Electricity of the Democratic Republic of Congo (DRC), represented by Minister Aime Sakombi Molendo, has signed an agreement with Moroccan firm Somagec to develop two ambitious energy transmission lines connecting Angola and the DRC. According to a statement, the 400 kV transmission line projects include: High-Voltage Infrastructure for Regional Integration The Soyo-Inga-Cabinda line is a high-voltage project fully financed by private investment. Its goals include: The Lauca-Saurimo-Kolwezi line, spanning over… Read More Here

Mining in DRC Copper Corporate News

Kamoa Copper and the Global Race for Supply: Can the DRC Turn Strategic Advantage into Sustainable Development?

February 28, 2026February 28, 2026 Constance

Mining Indaba 2026: Robert Friedland Warns of Global Copper Shortage as DRC’s Kamoa-Kakula Emerges as Strategic Linchpin At the 2026 edition of Mining Indaba in Cape Town, Canadian mining entrepreneur Robert Friedland delivered a stark assessment: the world is heading toward a structural copper deficit and “the answer is Africa.” As Founder and Co-Chairman of Ivanhoe Mines, Friedland is not a distant commentator. He is a central actor in one of the most significant copper developments of the decade: the Kamoa-Kakula complex in the Democratic Republic of the Congo (DRC).… Read More Here

Mining in DRC Battery Metals Cobalt

DRC’s Cobalt Quotas Reshape the Global Critical Metals Market

February 28, 2026February 28, 2026 Constance

DRC Cobalt Export Quotas Trigger Global Supply Shock, Expose China’s Strategic Vulnerability The decision by the Democratic Republic of the Congo (DRC) to impose strict export quotas on cobalt beginning at the end of 2025 marks one of the most consequential interventions ever seen in the critical minerals market. What was framed domestically as a sovereignty-driven reform has rapidly evolved into a global supply shock one that has revealed structural weaknesses in China’s refining dominance and forced a reassessment of supply-chain security across the energy transition ecosystem. A Sovereign Policy… Read More Here

Mining in DRC Battery Metals Cobalt Lithium

DRC Advances Battery Minerals Strategy Through Partnership Talks with ITC

February 28, 2026February 28, 2026 Constance

DR Congo Seeks ITC Support to Boost Battery Mineral Processing and Integrate into Global EV Supply Chain Prime Minister Judith Suminwa Tuluka convened a high-level working session with representatives of the Congolese Battery Council (CCB) and the International Trade Centre (ITC) to structure a strategic partnership aimed at strengthening the Democratic Republic of the Congo’s capacity to process minerals used in electric vehicle (EV) batteries. The initiative signaled Kinshasa’s determination to accelerate industrialization and move up the global battery value chain. Technical Support to Target Global Markets Under the proposed… Read More Here

Mining in DRC Economy Gold

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