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Category: Mining in DRC

DRC Secures $21 Billion Investment from Al Mansour Holding 1 Mining in DRC Economy 

DRC Secures $21 Billion Investment from Al Mansour Holding

Constance
DR Congo Signs $21 Billion Deals with Al Mansour Holding to Boost Infrastructure and Industry On 2nd September 2025, Sheikh Al-Mansour Bin Jabor Bin Jassim Al Thani, head of Al Mansour Holding and cousin of Qatar’s Emir, arrived in Kinshasa to finalize a landmark investment partnership with the Democratic Republic of Congo (DR Congo). The visit culminated in the signing of 18 agreements worth a total of $21 billion, according to the Prime Minister’s office. The signing ceremony was presided over by Deputy Prime Minister and Transportation Minister Jean-Pierre Bemba… Read More Here
DRC Mining Audit Reveals Mismanagement of 0.3% Community Development Funds 2 Mining in DRC 

DRC Mining Audit Reveals Mismanagement of 0.3% Community Development Funds

Constance
DRC Court of Auditors Uncovers Widespread Mismanagement of Mining Community Funds The Court of Auditors of the Democratic Republic of Congo (DRC) released a critical audit report on September 3, 2025, exposing serious mismanagement of the 0.3% allocation of mining company turnover designated for community development projects. Established under Article 258 bis of the DRC Mining Code, this fund is intended to mitigate the adverse impacts of mining on local communities. The report was presented to the Minister of State for Social Affairs, Humanitarian Actions, and National Solidarity, Ève Bazaiba,… Read More Here
Congolese Gold Price Sees Modest Uptick Amid Global Market Stability 3 Mining in DRC Economy Gold News in Brief 

Congolese Gold Price Sees Modest Uptick Amid Global Market Stability

Constance
Congolese Gold Price Rises to $108.71 per Gram as Global Markets Remain Stable The price of Congolese gold experienced a slight increase on international markets, reaching USD 108.71 per gram for the week of September 1–6, 2025, up from USD 108.10 the previous week. This represents a modest rise of 0.56%, according to the National Commission of Mercuriales. Although contained, this increase reflects the current stability of gold on global stock markets. The precious metal continues to serve as a safe haven amid economic uncertainties and speculative market movements. In… Read More Here
DRC Civil Society Urges Crackdown on Illegal Gold Mining in Haut-Uélé 4 Mining in DRC Gold 

DRC Civil Society Urges Crackdown on Illegal Gold Mining in Haut-Uélé

Constance
DRC’s Haut-Uélé Faces Environmental Threats from Illegal Gold Mining by Foreigners, Civil Society Calls for Expulsions The Congolese League for the Fight against Corruption (LICOCO) has raised alarm over the anarchic and illegal exploitation of gold in Haut-Uélé province, Democratic Republic of Congo (DRC). The civil society organization is urging the provincial governor to expel illegal operators, particularly Chinese nationals and other foreigners. In a press release dated September 4, 2025, LICOCO Executive Secretary Ernest Mpararo expressed concerns about the environmental impact of illegal mining activities, including river pollution and… Read More Here
Lualaba Governor Fifi Masuka Meets New DRC Mines Minister Louis Watum Kabamba 5 Mining in DRC Governance 

Lualaba Governor Fifi Masuka Meets New DRC Mines Minister Louis Watum Kabamba

Constance
DRC Mines Minister Louis Watum Kabamba Meets Lualaba Governor Fifi Masuka to Strengthen Mining Collaboration Courtesy visits have multiplied since Louis Watum Kabamba was appointed as the new Minister of Mines in the Democratic Republic of Congo (DRC). After receiving ambassadors from China, the United States, and several European countries, the minister met on Friday, September 5, 2025, with Fifi Masuka Saini, governor of Lualaba province, home to the world’s largest cobalt reserves. Fifi Masuka, now a prominent and widely recognized political figure, particularly in the mining sector, used the… Read More Here
DRC Produces 785,841 Tonnes of Copper in Q1 2025, Driven by Private Operators 6 Mining in DRC Copper Economy 

DRC Produces 785,841 Tonnes of Copper in Q1 2025, Driven by Private Operators

Constance
DRC Copper Output Reaches 785,841 Tonnes in First Quarter 2025, Highlighting Private Sector Dominance The Democratic Republic of Congo (DRC) recorded a production of 785,841 tonnes of copper in the first quarter of 2025, according to the statistical bulletin released by the Central Bank of Congo (BCC) at the end of August. Out of this total, Gécamines, the state-owned mining company historically central to the Congolese mining sector, produced only 2,318 tonnes. The overwhelming majority—783,523 tonnes—came from Gécamines’ private partners and other mining operators active across the country. These figures… Read More Here
Tshisekedi Reinforces Commitment to Business Climate and Subcontracting Law in the DRC 7 Mining in DRC Economy Governance 

Tshisekedi Reinforces Commitment to Business Climate and Subcontracting Law in the DRC

Constance
DRC President Tshisekedi Backs Business Climate Reforms and Subcontracting Law Enforcement President Félix-Antoine Tshisekedi has reaffirmed his determination to strengthen the business climate in the Democratic Republic of Congo (DRC) and ensure strict compliance with the law on subcontracting. In the coming days, a joint commission of the Regulatory Authority for Subcontracting in the Private Sector (ARSP) and the Federation of Congolese Enterprises (FEC) will be deployed to companies to monitor the enforcement of the subcontracting law. This initiative was presented to the Head of State on Thursday, September 4,… Read More Here
Germanium Prices Fall Nearly 6% in Early September 2025, Impacting DRC’s Export Strategy 8 Mining in DRC Economy 

Germanium Prices Fall Nearly 6% in Early September 2025, Impacting DRC’s Export Strategy

Constance
Germanium Prices Drop 5.9%: What It Means for the DRC’s Strategic Mineral Exports Germanium, a critical mineral exported by the Democratic Republic of Congo (DRC) and widely used in semiconductors and optical technologies, has recorded a significant price correction on international markets. According to the Ministry of Foreign Trade, the average price per ton stood at USD 3,864.60 during the week of September 1–6, 2025, down from USD 4,108.08 the previous week—a decline of 5.92%. “The price of a ton of germanium is falling on international markets during the week… Read More Here
DRC Launches Commission to Strengthen Artisanal Mining Governance 9 Artisanal mining Mining in DRC 

DRC Launches Commission to Strengthen Artisanal Mining Governance

Constance
DR Congo Establishes Commission to Improve Artisanal Mining Governance and Traceability On Thursday, September 4, 2025, Minister of Mines Louis Watum officially inaugurated the work of an ad hoc commission tasked with supervising and regulating artisanal mining activities in the country. The commission brings together key mining sector organizations, including Gécamines, EGC, SAEMAPE, CAMI, ARECOMS, alongside technical and legal experts. Its mandate is to ensure the formalization, traceability, security, and responsible governance of artisanal mining. During the inaugural session, members clarified their respective roles, identified priority areas, and established a… Read More Here
U.S. Ambassador Reaffirms Commitment to Sustainable Mining Partnership with DRC 10 Mining in DRC 

U.S. Ambassador Reaffirms Commitment to Sustainable Mining Partnership with DRC

Constance
Strengthening Ties: U.S. Reaffirms Mining Partnership with the DRC The United States and the Democratic Republic of Congo (DRC) have reaffirmed their partnership in the mining sector. On Wednesday, U.S. Ambassador Lucy Tamlyn emphasized her country’s commitment to being a sincere and reliable partner to the DRC. The ambassador delivered this message during a meeting with Minister of Mines Louis-Watum Kabamba in Kinshasa, where she also congratulated him on his recent appointment. Ambassador Tamlyn praised the Congolese government’s efforts to promote transparent and responsible management of the mining sector for… Read More Here

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