You are here

Category: Mining in DRC

Australia’s Regulator Takes Legal Action Against AVZ Minerals for Concealing DRC Lithium Project Dispute 1 Mining in DRC Corporate News Lithium 

Australia’s Regulator Takes Legal Action Against AVZ Minerals for Concealing DRC Lithium Project Dispute

Constance
ASIC Sues AVZ Minerals Over Alleged Failure to Disclose Congo Lithium Dispute Australia’s corporate regulator has filed a lawsuit against AVZ Minerals Ltd. and two of its directors, accusing the company of failing to disclose a major legal dispute with the Democratic Republic of the Congo (DRC) over its stake in one of the world’s largest lithium projects. The Australian Securities and Investments Commission (ASIC) announced on Tuesday that it has initiated civil proceedings against the Perth-based miner, alleging breaches of continuous disclosure obligations and misleading and deceptive conduct related… Read More Here
Mercuria and TechMet Explore Tantalum Mining Venture in DRC Amid US-Brokered Peace Talks 2 Mining in DRC Corporate News 

Mercuria and TechMet Explore Tantalum Mining Venture in DRC Amid US-Brokered Peace Talks

Constance
Mercuria, TechMet Weigh Tantalum Mining Partnership in Eastern Congo as US Seeks Peace and Strategic Minerals Access Mercuria Energy Group Ltd. has held preliminary discussions with TechMet Ltd., a US-backed critical minerals investment company, over a potential partnership to develop one of the world’s richest tantalum deposits in the conflict-torn eastern Democratic Republic of Congo (DRC) — contingent on a US-brokered peace deal. According to people familiar with the matter, the Geneva-based commodities trader and TechMet are considering a joint venture to modernize mining and processing operations near Rubaya, an… Read More Here
Lubumbashi Acid Spill Sparks Environmental and Health Alarm 3 Mining in DRC 

Lubumbashi Acid Spill Sparks Environmental and Health Alarm

Constance
Lubumbashi Mining Disaster: Acid Spill from CDM Threatens River, Homes, and Public Health In Lubumbashi, the Lubumbashi River has become a symbol of a growing environmental crisis. A recent spill from an acid effluent retention basin at the Chinese-owned Congo Dongfang Mining (CDM) in the Kasapa district has contaminated streets, homes, and the river itself, prompting outrage from local communities and NGOs. The spill, which occurred three days prior, released toxic water that killed fish and destroyed residential areas. Authorities warn of serious health risks, including respiratory and neurological problems,… Read More Here
Glencore Reports Lower Q1 2025 Copper Output Across Global Operations in DRC, Chile, and Peru 4 Copper Corporate News Mining in DRC 

Glencore Reports Lower Q1 2025 Copper Output Across Global Operations in DRC, Chile, and Peru

Constance
Glencore Copper Production Drops 17% in Early 2025, Rebounds in Q3 with Higher Grades at Key Sites Global mining giant Glencore produced 583,500 tonnes of copper in the first quarter of 2025 — a 17% decrease compared to the same period in 2024. According to an official company statement, the decline stemmed from lower ore grades and reduced recovery rates, consistent with its planned mining sequence. The most significant reductions came from: Collahuasi: -59,000 tonnes Antamina: -23,400 tonnes Antapaccay: -15,200 tonnes Kamoto Copper Company (KCC): -16,800 tonnes Strong Third-Quarter Recovery… Read More Here
DRC and Rwanda Sign Regional Economic Integration Framework to Link Peace and Development 5 Mining in DRC 

DRC and Rwanda Sign Regional Economic Integration Framework to Link Peace and Development

Constance
DRC and Rwanda Take Key Step Toward Normalized Relations with New Economic Integration Framework Under the auspices of the United States, Qatar, Togo (as mediator for the African Union), and the African Union Commission, the Democratic Republic of Congo (DRC) and Rwanda have taken a significant step toward normalizing their relations. The two countries have initialed the Regional Economic Integration Framework (REIF), an ambitious agreement designed to lay the groundwork for sustainable economic cooperation, contingent upon the consolidation of peace on the ground. Economic Diplomacy as a Tool for Stability… Read More Here
Tshisekedi Announces Imminent Conclusion of Doha and Washington Processes at COP30 6 Mining in DRC 

Tshisekedi Announces Imminent Conclusion of Doha and Washington Processes at COP30

Constance
DRC’s Félix Tshisekedi Signals Peace and Economic Renewal with Imminent Doha and Washington Agreements On the sidelines of COP30, the President of the Democratic Republic of Congo (DRC), Félix Antoine Tshisekedi Tshilombo, announced that the Doha and Washington Processes are expected to reach a successful conclusion in the coming days. The statement, delivered before members of the Congolese diaspora in Brazil, carries major diplomatic and economic implications, signaling a potential breakthrough for peace and stability in the Great Lakes region. A Signal of Stability for Investors and Partners The conclusion… Read More Here
President Tshisekedi Calls for Climate Justice at Belém Climate Summit Ahead of COP30 7 Mining in DRC 

President Tshisekedi Calls for Climate Justice at Belém Climate Summit Ahead of COP30

Constance
DRC’s Félix Tshisekedi Urges Climate Justice and Action at Belém Summit Before COP30 Launch As a prelude to the 30th Conference of the Parties on Climate Change (COP30), the Belém Climate Summit officially opened on Thursday, November 6, 2025, at the Amazon Convention Center Hangar in Belém, Brazil. The opening ceremony brought together nearly fifty Heads of State, welcomed by Brazilian President Luiz Inácio Lula da Silva, host of this major international event dedicated to global climate action. Global Leaders Confront Unmet Climate Commitments In his keynote address, UN Secretary-General… Read More Here
IMF Projects Over 5% GDP Growth for DRC in 2025–2026 Amid Strong Mining Performance 8 Mining in DRC Economy 

IMF Projects Over 5% GDP Growth for DRC in 2025–2026 Amid Strong Mining Performance

Constance
Democratic Republic of Congo Set for Robust 5% Growth in 2025–2026, Driven by Mining Sector and Inflation Control, Says IMF The Democratic Republic of Congo (DRC) is poised for continued economic expansion, with real GDP growth projected to exceed 5% in both 2025 and 2026, according to the latest forecasts from the International Monetary Fund (IMF). The IMF report highlights the resilience of the Congolese economy, which has managed to sustain positive growth despite ongoing security challenges in the eastern regions and significant fiscal pressures. Mining Sector Remains the Engine… Read More Here
Glencore Strengthens Its Commitment to Responsible Mining and Social Impact in the DRC 9 Mining in DRC Corporate News 

Glencore Strengthens Its Commitment to Responsible Mining and Social Impact in the DRC

Constance
Glencore DRC Reports Strong 2024 Performance with Industrial Recovery, $53 Million in Social Investments, and Renewed Energy Partnerships The year 2024 was a defining one for Glencore in the Democratic Republic of Congo (DRC). Marked by the resumption of industrial operations, major investments, and expanded social initiatives, the company strengthened its position as a global leader in responsible and sustainable mining. Speaking at the 7th Annual Glencore Conference on November 4, 2025, themed “Ensuring the Future of Global Standards with Social Impact,” Marie-Chantal Kaninda, President of Glencore DRC and Chair… Read More Here
DRC Strengthens Global Copper Role Through ERG-Mercuria Partnership 10 Mining in DRC Copper Corporate News 

DRC Strengthens Global Copper Role Through ERG-Mercuria Partnership

Constance
DRC Copper Market Boosted by ERG-Mercuria $100M Deal Amid Rising Global Demand The Democratic Republic of Congo (DRC) continues to solidify its position as a key global copper producer. On October 30, 2025, Swiss trader Mercuria Energy Trading announced a three-year agreement with Eurasian Resources Group (ERG) to purchase copper from its Congolese assets. The partnership includes a pre-financing facility of up to $100 million, though specific details such as pricing, copper volumes, or interest rates were not disclosed. While such agreements are common in the sector, the deal has… Read More Here

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Copperbelt Katanga Mining will use the information you provide on this form to be in touch with you and to provide updates and marketing.