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Category: Mining in DRC

U.S. Welcomes DRC’s Suspension of CDM License Amid Environmental and Security Concerns 1 Mining in DRC 

U.S. Welcomes DRC’s Suspension of CDM License Amid Environmental and Security Concerns

Constance
Washington Praises Congo’s Tough Stance on CDM Amid Intensifying U.S.–China Mineral Tensions In a statement published on its X account on Friday, November 14, 2025, the U.S. State Department applauded the Congolese government’s decision to suspend the operating license of Congo Dongfang Mining (CDM), a subsidiary of Chinese mining giant Huayou, following a recent environmental incident in Lubumbashi. “The United States welcomes the decision of Minister of Mines Louis Watum to suspend CDM’s license and looks forward to working with the DRC government to attract more responsible investment,” the State… Read More Here
DRC Govt Crackdown on Mining Tax Evasion Delivers Unprecedented Results 2 Mining in DRC Mining tax 

DRC Govt Crackdown on Mining Tax Evasion Delivers Unprecedented Results

Constance
DRC Mining Tax Reform Drives Revenues Up Nearly 2,000% After Ending Fuel Subsidies The reforms launched by the Congolese government to curb tax evasion in the mining industry are now delivering clear, measurable results. According to data presented by Deputy Prime Minister and Minister of the National Economy, Daniel Mukoko Samba, during his address to the Senate on November 4, 2025, public revenues from petroleum products supplied to mining companies have surged dramatically following the enforcement of new regulations in August 2025. Until July 2025, the duties owed by mining… Read More Here
Kasai Oriental Authorities Seize 13 kg of Diamonds in Anti-Smuggling Operation 3 Mining in DRC Diamond 

Kasai Oriental Authorities Seize 13 kg of Diamonds in Anti-Smuggling Operation

Constance
DRC Diamond Smuggling Thwarted: 13 kg Seized in Kasai Oriental, Strengthening Mining Sector Controls Provincial authorities in Kasai Oriental intercepted a shipment of approximately 13 kilograms of diamonds on Tuesday, November 11, 2025, at Bipemba Airport in Mbuji-Mayi. The cargo was reportedly about to be fraudulently transported to Kinshasa. The operation was carried out jointly by the provincial Anti-Fraud Services, the Mines Division, and other specialized agencies, signaling a strong commitment to curbing mineral smuggling in the region. Interim Governor Daniel Kazadi Cilumbayi commended the vigilance of the control teams… Read More Here
Mercuria Eyes DRC Coltan Market Amid Critical Minerals Expansion 4 Mining in DRC Coltan Corporate News 

Mercuria Eyes DRC Coltan Market Amid Critical Minerals Expansion

Constance
Swiss Trader Mercuria Expands into DRC Coltan Sector, Targeting Critical Minerals for Electronics Already a major player in the Democratic Republic of Congo’s (DRC) copper market, Swiss trading giant Mercuria is now expanding into critical minerals. Following a $100 million agreement with Eurasian Resources Group (ERG) in late October to finance and market part of Congo’s copper production, Mercuria is reportedly exploring opportunities in the coltan sector—a key mineral used in electronic components. Bloomberg reports that Mercuria is in talks with investment firm TechMet to modernize the Rubaya coltan deposit… Read More Here
DRC Aluminium Prices Dip Slightly Amid Global Market Fluctuations 5 Mining in DRC Aluminium 

DRC Aluminium Prices Dip Slightly Amid Global Market Fluctuations

Constance
DRC Aluminium Export Prices See Minor Decline as Global Demand Influences Market Trends The price of aluminium, a key export product of the Democratic Republic of Congo (DRC), recorded a slight decline of 0.15% on the international market. According to the Ministry of Foreign Trade, as of November 10, 2025, aluminium was trading at $1,351.70 per ton, down from $1,353.76 per ton the previous week. This minor drop follows a period of gains during November 3-8, when the metal rose 2.8%, from $1,316.76 to $1,353.76 per ton. The Ministry notes… Read More Here
DRC Pushes for Responsible Mining to Transform Great Lakes Region 6 Mining in DRC 

DRC Pushes for Responsible Mining to Transform Great Lakes Region

Constance
DRC Minister of Mines Advocates Transparency and Cooperation to Turn Minerals into Peace and Prosperity in the Great Lakes Region The Congolese Minister of Mines, Louis Watum Kabamba, has called for a decisive shift in the management of natural resources in the Great Lakes region. Speaking at the 9th Meeting of Ministers in Charge of Mines of the ICGLR, held in Kinshasa, he emphasized that “the region’s mineral wealth should no longer be a source of conflict, but a lever for peace and shared prosperity.” Minister Watum highlighted that the… Read More Here
Kibali Gold Mine Posts Strong Q3 2025 Production in DRC 7 Mining in DRC Corporate News Gold 

Kibali Gold Mine Posts Strong Q3 2025 Production in DRC

Constance
Kibali Gold Mine Boosts Third-Quarter Output by 21% in DRC, Strengthening Barrick’s Global Gold Portfolio The Kibali gold mine, the Democratic Republic of Congo’s (DRC) flagship gold asset, delivered a strong performance in the third quarter of 2025. According to the quarterly report released by operator Barrick Mining on Monday, November 10, 2025, Kibali produced 191,000 ounces of gold between July and September, marking a 21% increase compared to 159,000 ounces in the same period in 2024. The production growth was largely driven by a ramp-up in open-pit mining operations… Read More Here
Judith Suminwa Launches Strategic Business Dialogue to Boost Economic Stability and Local Production 8 Mining in DRC 

Judith Suminwa Launches Strategic Business Dialogue to Boost Economic Stability and Local Production

Constance
DRC Prime Minister Leads Economic Reform Initiative to Strengthen Business Climate, Promote Local Manufacturing, and Stabilize Currency The Prime Minister of the Democratic Republic of Congo (DRC), Judith Suminwa Tuluka, participated on Monday, November 10, 2025, in the official economic launch of the Federation of Enterprises of Congo (FEC) at the Rotana Hotel. The event brought together key stakeholders from the Congolese business community to foster dialogue and collective reflection on the country’s economic priorities. In her address, Prime Minister Suminwa highlighted the ambitious reforms undertaken by her government under… Read More Here
Tin Prices Rise as Most Congolese Minerals Decline in Weekly Market Update 9 Mining in DRC Cobalt Copper News in Brief Tin 

Tin Prices Rise as Most Congolese Minerals Decline in Weekly Market Update

Constance
Congo Mineral Prices Drop This Week as Cobalt, Copper, Nickel Fall — Tin Posts Rare Increase The prices of most major Congolese raw materials trended downward this week, according to commodity price data released on Monday, November 10, 2015. Tin was the only major mineral to record a notable increase, while several rare metals held steady. Cobalt, a key component in electric vehicle batteries, posted a slight decline, easing from $47 908.00 to $47 902.00 per tonne. Copper, one of the Democratic Republic of Congo’s most important export minerals, also… Read More Here
DRC Marks Milestone with First 1,000 Tons of Traceable Artisanal Cobalt 10 Mining in DRC Battery Metals Cobalt 

DRC Marks Milestone with First 1,000 Tons of Traceable Artisanal Cobalt

Constance
Traceable artisanal cobalt hits 1,000 tons in DR Congo, setting a benchmark for ethical mining and supply chain trust The Democratic Republic of Congo (DRC) has reached a major milestone in formalizing its cobalt sector, producing its first 1,000 metric tons of traceable artisanal cobalt. This move is seen as a critical step in ensuring a more transparent and ethically sourced supply of the battery metal that powers electric vehicles and energy storage systems worldwide. Congo is home to roughly 72% of global cobalt reserves and supplies more than 74%… Read More Here

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