Category: Mining in DRC

Carter Center Urges DRC to Modernize Tax System and Boost Revenues from Copper and Cobalt for Sustainable Development On the sidelines of the 9th edition of the DRC Alternative Mining Indaba Conference, the Carter Center organized a forum on Thursday, October 30, 2025, bringing together civil society actors to discuss strategies for optimizing revenues from strategic minerals to finance sustainable development in the Democratic Republic of Congo (DRC), with a particular focus on the copper and cobalt sectors. The discussions, facilitated by Baby Matabishi, Fabien Mayani, and Ismaël Tutu, centered… Read More Here

DRC’s Minister of Mines Louis Watum Deepened Mining Cooperation with China’s Zijin Group During Beijing Mission Minister of Mines Louis Watum Kabamba carried out an official mission to Beijing, the capital of China, from October 24, 2025. According to the Ministry of Mines, the visit aimed to strengthen mining cooperation between the Democratic Republic of Congo (DRC) and China. At the invitation of Zijin Mining Group—the world’s third-largest mining company—the minister undertook a field visit to China on October 25 and 26, 2025. He was accompanied by the Chairman of… Read More Here

Red Rock Resources partners with DRC government to build social housing factories, supporting mining JV growth London-listed Red Rock Resources has reached a major milestone in its joint venture (JV) with Koto DRC, signing a memorandum of understanding (MoU) with the Democratic Republic of Congo’s Ministry of Rural Development to fund and commence construction of three factories for social housing. Each factory is expected to produce at least 3,000 housing units annually, marking the first tangible step in the JV’s broader plan to eventually establish 142 factories nationwide. The Koto… Read More Here

DRC calls for creation of OPEC-style group for strategic minerals to boost African leverage and market stability The Democratic Republic of Congo (DRC) has called for the creation of an Organization of Strategic Minerals Producing and Exporting Countries, modeled on OPEC, to protect member interests and stabilize global markets for critical resources. The announcement was made on October 22, 2025, in Geneva. “The DRC, a country rich in strategic minerals, is advocating for an organization similar to OPEC to defend member interests, stabilize the strategic minerals market, ensure predictable revenues,… Read More Here

DRC Highlights Mining Potential and Investment Opportunities at 2025 Financial Times Africa Summit At the Financial Times Africa Summit, held from October 21 to 22, 2025, in London, United Kingdom, the Democratic Republic of Congo (DRC) reaffirmed its commitment to consolidating its strategic position in the global energy transition. The event brought together international investors, policymakers, and mining sector experts. Representing the DRC, Minister of Mines Louis Kabamba Watum delivered a highly praised speech, urging global investors to explore the country’s exceptional mining potential. He emphasized that only 10% of… Read More Here