Mining in DRC - Copperbelt Katanga Mining

DRC’s Cobalt Export Delays Continue Despite New Quota System

October 25, 2025October 25, 2025 Constance

Cobalt Exports from DRC Still on Hold as New Quota System Faces Delays, Disrupting Global EV Supply Chains Cobalt producers in the Democratic Republic of Congo (DRC) are still waiting for government approval to resume exports, despite the introduction of a new quota system on October 16. Industry sources confirmed that the long-anticipated system—designed to restart shipments after a seven-month suspension—has yet to be fully implemented, prolonging uncertainty in global supply chains. Background: Seven-Month Export Freeze Disrupted Global Markets The DRC, which supplies over 70% of the world’s cobalt, imposed… Read More Here

Mining in DRC

Oakland Institute Warns DRC Against Potential Pitfalls of U.S. Mining Agreements

October 25, 2025October 25, 2025 Constance

DRC’s New Deals with American Mining Firms Could Mirror Chinese “Minerals-for-Infrastructure” Failures, Oakland Institute Warns The Oakland Institute, a think tank advocating for fair debate on social, economic, and environmental issues, has issued a report cautioning about the long-term impacts of agreements between the Democratic Republic of Congo (DRC) and American companies. The warning follows the so-called Washington Agreement, signed on June 27, 2025, between the DRC and Rwanda, which serves as a backdrop for new U.S. investments in Congolese mining. The report compares these agreements to past arrangements between… Read More Here

Mining in DRC Corporate News Mergers & Acquisitions

Chengtun Mining Acquires Loncor Gold for C$261M, Secures Strategic Adumbi Gold Deposit in DRC

October 19, 2025October 19, 2025 Constance

Chengtun Mining Expands into Gold with Acquisition of Loncor Gold and Adumbi Deposit Chengtun Mining, a Chinese mining group, has agreed to acquire Canadian gold exploration company Loncor Gold in an all-cash deal valued at C$261 million (approximately $186 million), gaining control of the Adumbi gold deposit in the Democratic Republic of Congo (DRC). The definitive arrangement agreement, announced on October 14, 2025, sets the purchase price at C$1.38 per Loncor share, representing a 33% premium over Loncor’s 30-day volume-weighted average price and a 16% premium to its TSX closing… Read More Here

Mining in DRC Corporate News Mining Personality

Olivier Binyingo Reaffirms KAMOA Copper’s Commitment to Economic Growth and Sustainable Development

October 19, 2025October 19, 2025 Constance

Olivier Binyingo Showcases Kamoa Copper’s Role as a Catalyst for Sustainable Growth in the DRC Olivier Binyingo, Chairman of the Board of Directors of KAMOA Copper SA and Vice President of Ivanhoe Mines for the DRC and Strategic Projects, underscored the company’s strategic vision and its major contribution to the development of the Democratic Republic of Congo’s (DRC) mining industry. Speaking at a recent event, Binyingo described Kamoa-Kakula as a long-term mining venture, representing over USD 6 billion in investment over the past six years — a financial commitment that… Read More Here

Mining in DRC Economy

DRC Finance Minister Doudou Fwamba Strengthens IMF Partnership to Sustain Economic Reforms and Fiscal Stability

October 19, 2025October 19, 2025 Constance

Doudou Fwamba and IMF Deputy Chief Kenji Okamura Discuss DRC’s Fiscal Discipline and Economic Resilience On the sidelines of the 2025 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, Democratic Republic of Congo (DRC) Finance Minister Doudou Fwamba Likunde Li-Botayi held a high-level meeting with IMF Deputy Managing Director Kenji Okamura. The discussions were also attended by the Deputy Minister of the Budget and the Governor of the Central Bank of Congo. At the heart of the exchange were the DRC’s macroeconomic performance, fiscal discipline,… Read More Here

Mining in DRC

DRC Mines Minister Showcases DRC’s Mining Ambitions at U.S.-DRC Economic Forum in Washington

October 19, 2025October 19, 2025 Constance

Louis Kabamba Watum Showcases DRC’s Mining Ambitions at U.S.-DRC Economic Forum in Washington The Democratic Republic of Congo (DRC) made a strong impression in Washington during the U.S.-DRC Economic Forum, where Minister of Mines Louis Kabamba Watum led a series of high-level meetings with major American industrial and financial stakeholders. The discussions underscored Kinshasa’s determination to attract investment for local mineral processing and to strengthen partnerships supporting the country’s economic diversification. Officially opened by Prime Minister Judith Suminwa Tuluka, the forum brought together investors, financial institutions, and senior government officials… Read More Here

Mining in DRC

DRC Mining Minister Defines What Qualifies as Mine Development and Construction Work

October 19, 2025October 19, 2025 Constance

Louis Watum Clarifies the Definition of Development and Construction Works in the DRC Mining Sector On September 8, 2025, the Minister of Mines, Louis Watum Kabamba, signed a decree specifying the types of activities considered as “development and construction works” under mining exploitation rights and permanent quarry operation permits in the Democratic Republic of Congo. Until now, the Mining Code and its Regulations required mining and quarry rights holders to prove the start of operations within specific time limits — one year for exploration permits and one to three years… Read More Here

Transport and Logistics Mining in DRC Mining in Zambia

Kasomeno-Mwenda Toll Road Set to Transform DRC-Zambia Trade Corridor

October 17, 2025October 17, 2025 Constance

Kasomeno-Mwenda Toll Road Project in DRC and Zambia to Boost Trade, Cut Travel Time, and Create Jobs The Kasomeno-Mwenda Toll Road is a landmark infrastructure project connecting the Democratic Republic of Congo (DRC) and Zambia, designed to enhance regional trade, transportation efficiency, and economic development. The project encompasses the construction of 184 kilometers of modernized highway—split evenly between Zambia (92 km) and the DRC (92 km)—a 362-meter cable-stayed bridge over the Luapula River, and a one-stop border post (OSBP) with associated facilities. Structured as a Public-Private Partnership (PPP), the project… Read More Here

Mining in DRC Artisanal mining Mining safety

Two Killed in Ituri Landslide at “Jerusalem” Artisanal Gold Mine

October 16, 2025October 16, 2025 Constance

Two Dead, Two Injured in Landslide at Ituri Artisanal Gold Mine Amid Heavy Rains Two people have died following a landslide that struck the “Jerusalem” artisanal mining site near Lwemba, in Ituri province, late Sunday night. The tragedy adds to a growing number of fatal incidents linked to unstable terrain in eastern Congo’s informal mining zones. According to Peresi Mamboro, a local civil society leader, the accident was triggered by intense rainfall that has battered the region in recent days. “Two people were killed in this landslide, while two others… Read More Here

Mining in DRC Cobalt Copper Hydro power plant

DRC and Hydro-Link Sign $1.5 Billion Deal to Power Mining Belt with Angolan Hydropower

October 16, 2025October 16, 2025 Constance

DRC Partners with Hydro-Link in $1.5 Billion Project to Supply 1,200MW of Clean Energy to Copper and Cobalt Mines The Democratic Republic of Congo (DRC) has signed a $1.5 billion preliminary agreement with Hydro-Link, a unit of Symbion Power, to construct a major 1,160-kilometer (720-mile) electricity transmission line connecting Angola’s hydropower plants to Congo’s key copper and cobalt mining region. Once complete, the project will deliver up to 1,200 megawatts (MW) of clean, renewable energy to the DRC’s mining heartland—helping reduce reliance on costly and polluting diesel generators that many… Read More Here