Mining in DRC - Copperbelt Katanga Mining

DRC Minister of Mines Survives Plane Crash During Emergency Mission to Mulondo 1

Mulondo Mining Emergency: Minister Louis Watum’s Plane Fire at Kolwezi Airport Avoids Casualties An emergency mining mission to Mulondo, Lualaba Province, led by DRC Minister of Mines Louis Watum, narrowly avoided disaster on Monday, November 17, 2025, when the plane carrying the delegation caught fire upon landing at Kolwezi Airport. Initial reports from airport authorities indicate a technical malfunction in the aircraft’s landing gear, which triggered the fire. Kolwezi airport emergency services responded immediately, containing the blaze and ensuring the safety of all passengers. Miraculously, there were no injuries, despite… Read More Here

Mining in DRC Mining safety

Tshisekedi Condemns Toxic Spill by Congo Dongfang Mining in Lubumbashi

November 17, 2025November 17, 2025 Constance

Lubumbashi Environmental Disaster: DRC President Tshisekedi Demands Accountability for Congo Dongfang Mining Toxic Spill President Félix-Antoine Tshisekedi has expressed “very high concern” over a major environmental incident in Lubumbashi, Haut-Katanga Province, involving a toxic effluent spill by Congo Dongfang Mining (CDM). The statement was made during the Council of Ministers meeting on Friday, November 14, 2025, in Kinshasa. According to preliminary reports, CDM allegedly failed to meet several environmental obligations, resulting in widespread contamination of water, soil, and the local ecosystem. The incident has particularly affected residents of the Kasapa… Read More Here

Mining in DRC Mining safety

Tragic Artisanal Mining Collapse in Kolwezi Claims Around 100 Lives

November 17, 2025November 24, 2025 Constance

Mulondo Mine Disaster in DRC: Dozens Killed in Deadly Artisanal Mining Accident Near Kolwezi Around 100 artisanal miners lost their lives on Saturday, November 15, 2025, when they fell into an open-pit mine while attempting to escape gunfire from armed assailants. The incident occurred at the Mulondo mine, located approximately 30 kilometers from Kolwezi in the Democratic Republic of Congo (DRC). Preliminary reports indicate that nearly 100 miners died instantly, with over 100 more believed to be buried under rubble. Rescue operations are ongoing, as teams and volunteers work tirelessly… Read More Here

Mining in DRC

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

November 16, 2025November 16, 2025 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

Mining in DRC Mining tax

DRC Govt Crackdown on Mining Tax Evasion Delivers Unprecedented Results

November 16, 2025November 16, 2025 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

Mining in DRC Diamond

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

November 14, 2025November 17, 2025 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

Mining in DRC Coltan Corporate News

Mercuria Eyes DRC Coltan Market Amid Critical Minerals Expansion

November 14, 2025November 14, 2025 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

Mining in DRC Aluminium

DRC Aluminium Prices Dip Slightly Amid Global Market Fluctuations

November 14, 2025November 14, 2025 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

Mining in DRC

DRC Pushes for Responsible Mining to Transform Great Lakes Region

November 14, 2025November 14, 2025 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

Mining in DRC Corporate News Gold

Kibali Gold Mine Posts Strong Q3 2025 Production in DRC

November 14, 2025November 14, 2025 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