You are here

Category: Mining in DRC

Governor Fifi Masuka Calls for Stronger DRC–Zambia Partnership to Drive Sustainable Mining and Local Value Creation 1 Mining in DRC Events & Expos Governance Mining in Zambia 

Governor Fifi Masuka Calls for Stronger DRC–Zambia Partnership to Drive Sustainable Mining and Local Value Creation

Constance
Lualaba Governor Fifi Masuka Urges DRC–Zambia Cooperation for Responsible Mining, Value Addition, and Africa’s Energy Transition The Governor of Lualaba Province, Her Excellency Fifi Masuka Saini, has called for closer cooperation between the Democratic Republic of Congo (DRC) and Zambia to promote value addition, local processing, and sustainable mining governance across the region. Delivering her keynote address at the Zambia Mining and Investment Insaka in Lusaka, Governor Masuka paid tribute to President Félix-Antoine Tshisekedi Tshilombo of the DRC and President Hakainde Hichilema of Zambia for their visionary leadership in shaping… Read More Here
Metalkol SA, ERG and SNEL SA inaugurate first circuit of 120 kV Nseke-RO line to strengthen power supply in Kolwezi 2 Mining in DRC Corporate News 

Metalkol SA, ERG and SNEL SA inaugurate first circuit of 120 kV Nseke-RO line to strengthen power supply in Kolwezi

Constance
Kolwezi, 10 October 2025 – La Compagnie d’exploitation des Rejets de Kingamyambo SA (Metalkol SA or Metalkol), an entity of the Eurasian Resources Group (ERG), and the Société Nationale d’Électricité SA (SNEL SA) have inaugurated the first circuit of the 120 kV line connecting the Nseke power station to the West Substation (Nseke-RO) in Lualaba Province. The ceremony, held at the Nseke-RO site, was attended by His Excellency, Mr Sakombi Molendo, Minister of Hydraulic Resources and Electricity; Clément Mufundji Tshinat, Vice-Governor of Lualaba Province; a delegation from SNEL SA led… Read More Here
DRC Shuts Down Illegal Chinese Gold Mine in Watsa 3 Mining in DRC Gold Governance 

DRC Shuts Down Illegal Chinese Gold Mine in Watsa

Constance
Minister Watum Kabamba Leads Crackdown on Illegal Gold Mine in Watsa Watsa, Haut-Uélé Province — In a decisive move to restore order and legality to the mining sector, Democratic Republic of Congo (DRC) Minister of Mines Louis Watum Kabamba led a forceful operation in Watsa territory that resulted in the shutdown of a large-scale illegal gold mining operation run by Chinese nationals. The action marks a major milestone in the government’s campaign against mining predation and lawlessness. A High-Profile Raid in Gatanga Under the blazing sun and clouds of dust… Read More Here
Central Bank of Congo Cuts Interest Rates Amid Strong Franc and Positive Economic Outlook 4 Mining in DRC Economy 

Central Bank of Congo Cuts Interest Rates Amid Strong Franc and Positive Economic Outlook

Constance
Central Bank of Congo Lowers Key Rate from 25% to 17.5% as Congolese Franc Strengthens and Economic Stability Improves Kinshasa, Democratic Republic of Congo — In response to an improving economic environment and a stronger national currency, the Monetary Policy Committee (MPC) of the Central Bank of Congo (BCC) has announced a significant easing of its monetary policy. According to André Wameso, Governor of the Central Bank of Congo, the benchmark interest rate has been reduced from 25.0% to 17.5%, marking a 750-basis-point cut. Additionally, the rate on marginal lending… Read More Here
President Tshisekedi Calls for a Balanced EU–DRC Partnership Centered on Shared Prosperity and Responsible Growth 5 Mining in DRC Governance 

President Tshisekedi Calls for a Balanced EU–DRC Partnership Centered on Shared Prosperity and Responsible Growth

Constance
DRC President Félix Tshisekedi Urges Europe to Embrace a Fair, Reciprocal Partnership for Sustainable Development and Critical Minerals Cooperation At Global Gateway Forum 2025, During the second edition of the Global Gateway Forum, President Félix Antoine Tshisekedi Tshilombo reaffirmed the Democratic Republic of Congo’s (DRC) commitment to forging a new partnership with Europe — one based on reciprocity, mutual respect, and shared interests. Addressing European leaders gathered in Brussels, President Tshisekedi called for an end to unequal cooperation models and urged the creation of a mature, balanced economic relationship focused… Read More Here
EU Unveils €180 Million Support Package for DRC to Boost Peace, Sustainability, and Responsible Mining 6 Mining in DRC 

EU Unveils €180 Million Support Package for DRC to Boost Peace, Sustainability, and Responsible Mining

Constance
European Union Pledges €180 Million to Strengthen Peace and Responsible Mining in the Democratic Republic of Congo under Global Gateway Initiative Brussels, Belgium — European Commission President Ursula von der Leyen announced on Thursday a €180 million funding package for the Democratic Republic of Congo (DRC), aimed at promoting peace, regional integration, and sustainable development. The investment forms part of the EU’s Global Gateway Initiative, which focuses on building resilient and equitable partnerships with Africa. In a statement shared on her X account (formerly Twitter), von der Leyen commended the… Read More Here
Lobito Corridor Project: Progress, Challenges, and the Path Ahead 7 Mining in DRC Mining in Zambia Transport and Logistics 

Lobito Corridor Project: Progress, Challenges, and the Path Ahead

Constance
Lobito Corridor Project: DRC Pushes for Funding and Skills Development to Boost Regional Trade The Lobito Corridor project, an initiative championed by former U.S. President Joe Biden, aims to construct a railway connecting the Democratic Republic of Congo (DRC), Zambia, and Angola to the port of Lobito. Beyond exporting strategic minerals to the United States, the project seeks to open up Central Africa and strengthen regional trade. Although last September European Union and U.S. experts presented the results of feasibility studies in Kinshasa — particularly regarding the economic model —… Read More Here
Ivanhoe Mines Reports 71,266 Tonnes of Copper Produced by Kamoa-Kakula in Q3 2025 8 Copper Corporate News Mining in DRC Press Release 

Ivanhoe Mines Reports 71,266 Tonnes of Copper Produced by Kamoa-Kakula in Q3 2025

Constance
Johannesburg, South Africa–(Newsfile Corp. – October 7, 2025) – Ivanhoe Mines’ (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President and Chief Executive Officer Marna Cloete announced today the company’s third-quarter production results and an update on operational and project activities. During the third quarter, Kamoa-Kakula’s Phase 1, 2, and 3 concentrators milled a total 3.46 million tonnes of ore, producing 71,226 tonnes of copper. Copper production year to date totaled 316,393 tonnes. Production guidance of 370,000 tonnes to 420,000 tonnes of copper in concentrate is maintained, with mining… Read More Here
Fomin Holds $25 Million Stake in DRC Gold Trading Amid Concerns Over Fund Use 9 Mining in DRC 

Fomin Holds $25 Million Stake in DRC Gold Trading Amid Concerns Over Fund Use

Constance
DRC’s Fomin Mining Fund Invests $25M in Artisanal Gold Mining Firm Amid Legal and Transparency Concerns The Mining Fund for Future Generations (Fomin), a Congolese state institution created in 2018 to prepare for the post-mining era, holds a $25 million stake in DRC Gold Trading, a company engaged in artisanal gold mining in the Democratic Republic of Congo (DRC). This was confirmed in a recent report by African Resources Watch (Afrewatch). Faustin Biringanine, General Director of Fomin, confirmed the investment, stating:“Yes, we were instructed to take a stake in Primera… Read More Here
DRC Launches Nationwide Subcontracting Oversight to Boost Local Businesses and Economic Growth 10 Mining in DRC Governance 

DRC Launches Nationwide Subcontracting Oversight to Boost Local Businesses and Economic Growth

Constance
DRC Launches Comprehensive Oversight of Subcontracting to Boost Local Content and Economic Growth The Regulatory Authority for Subcontracting in the Private Sector (ARSP) has officially launched a nationwide oversight programme to regulate subcontracting activities in the Democratic Republic of Congo (DRC). At the launch event, ARSP Director General Miguel Kashal called on principal companies and subcontractors to work together to ensure the success of this initiative. “Through this launch, we pay tribute to President Félix-Antoine Tshisekedi Tshilombo, who has placed the ARSP at the centre of his strategy to create… 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.