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Category: Mining in DRC

DRC Launches New Diamond Company to Strengthen Local Processing and Exports 1 Mining in DRC Diamond 

DRC Launches New Diamond Company to Strengthen Local Processing and Exports

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DRC Approves ADEX RDC SA Joint Venture to Boost Diamond Processing and Local Value Addition The Democratic Republic of Congo (DRC) has approved the creation of ADEX RDC SA, a new joint venture aimed at modernizing and strengthening the country’s diamond sector through increased local value addition. The decision was taken during the 91st ordinary meeting of the Council of Ministers held on Friday, May 29, 2026, in Kinshasa. The proposal was presented by the Minister of Mines, Louis Watum Kabamba, and subsequently validated by the government. ADEX RDC SA… Read More Here
Angola and DRC Strengthen Energy Partnership Through Major Cross-Border Power Project 2 Mining in DRC Electricity Energy 

Angola and DRC Strengthen Energy Partnership Through Major Cross-Border Power Project

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Angola and DRC Plan 1,450km Power Transmission Network to Deliver Over 2,000MW of Electricity Angola and the Democratic Republic of Congo (DRC) are set to deepen their energy cooperation through the development of two major electricity transmission lines spanning more than 1,400 kilometers, according to DRC Minister of Water Resources and Electricity, Teddy Molendo Sakombi. Speaking in Luanda on Thursday after meeting Angolan President João Lourenço, Sakombi revealed plans for two cross-border power transmission projects. The first line will connect Angola’s Malanje Province to the DRC, while the second will… Read More Here
KoBold Metals Outlines Ambition to Position DRC as Global Lithium Powerhouse 3 Mining in DRC Battery Metals Corporate News Lithium 

KoBold Metals Outlines Ambition to Position DRC as Global Lithium Powerhouse

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KoBold Metals Targets DRC Lithium Leadership with Data-Driven Mining Strategy at Manono KoBold Metals DRC, the Congolese subsidiary of US-based exploration company KoBold Metals, says it aims to help position the Democratic Republic of Congo (DRC) as a global lithium powerhouse through advanced technology, data intelligence, and modern exploration methods. Speaking at the 11th edition of Expo Béton 2026 in Kalemie, Tanganyika Province, Managing Director Benjamin Katabuka said the company is working to transform mineral exploration by using data-driven techniques rather than conventional geological approaches. “Our American mining technology company… Read More Here
DRC and China Sign Police Cooperation Deal to Combat Mining Fraud and Cybercrime 4 Mining in DRC 

DRC and China Sign Police Cooperation Deal to Combat Mining Fraud and Cybercrime

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DRC–China Security Agreement Targets Mining Fraud and Cybercrime Amid Resource Governance Push The Democratic Republic of Congo (DRC) and China have signed a police cooperation agreement aimed at strengthening the operational capacity of the Congolese National Police (PNC), with a focus on combating mining fraud and cybercrime. The agreement was concluded on May 26 in Beijing by Congolese Interior Minister Jacquemain Shabani and Chinese Minister of Public Security Wang Xiaohong. According to the DRC Embassy in China, the partnership will provide Chinese technical assistance in crime prevention, mining-related fraud detection,… Read More Here
DRC Mines Minister Defends Mining Reforms and Crackdown on Illegal Operations Before Parliament 5 Mining in DRC 

DRC Mines Minister Defends Mining Reforms and Crackdown on Illegal Operations Before Parliament

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DRC Mines Minister Louis Watum Kabamba Highlights Mining Reforms, Illegal Mining Crackdown, and Cobalt Oversight in Parliament The Minister of Mines of the Democratic Republic of the Congo, Louis Watum Kabamba, appeared before the National Assembly on Monday, May 25, 2026, to respond to concerns raised by lawmakers during a plenary session focused on the country’s mining sector. The session followed an oral question and debate initiated by Member of Parliament Sumeyi Kitenge Pierre. Government outlines mining sector reforms Addressing national deputies, Minister Kabamba presented key measures undertaken by the… Read More Here
DRC Mineral Prices Show Mixed Trends as Govt Suspends Mining Activities in South Kivu 6 Mining in DRC 

DRC Mineral Prices Show Mixed Trends as Govt Suspends Mining Activities in South Kivu

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Gold, Copper and Tin Prices Decline While Nickel and Germanium Rise as DRC Suspends Mining Operations in South Kivu Prices of several key mining commodities exported by the Democratic Republic of the Congo recorded mixed movements on international markets during the period from May 25 to 30, 2026, according to official price data released by the country’s relevant authorities. Gold, copper and tin record declines Among the commodities that posted declines during the week, gold prices fell from US$152.89 to US$149.49 per gram. Copper, one of the DRC’s most important… Read More Here
DRC Mines Ministry Reviews ONYO-BT’s Proposed Green Energy Solution for Mining Projects 7 Mining in DRC Energy Technology & Innovation 

DRC Mines Ministry Reviews ONYO-BT’s Proposed Green Energy Solution for Mining Projects

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DRC Mines Ministry Engages ONYO-BT on Innovative Decentralized Green Energy Technology to Support Mining Operations On Monday, May 25, 2026, the Minister of Mines of the Democratic Republic of Congo, Louis Watum Kabamba, received a delegation from the Congolese company ONYO-BT, led by its President and CEO, Bryan Tshibanda. The meeting focused on the presentation of an innovative energy solution intended to support mining development across the country, particularly in areas affected by limited electricity access. Energy solution targeting the mining sector According to a statement from the Ministry of… Read More Here
Jinchuan Probe Flags Suspected Financial Misconduct at Congo Mining Unit 8 Mining in DRC Cobalt Copper Corporate News 

Jinchuan Probe Flags Suspected Financial Misconduct at Congo Mining Unit

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Jinchuan Investigates Alleged $145 Million Irregular Payments at DRC’s Copper-Cobalt Mine Jinchuan Group International Resources Co says an independent investigation has identified approximately $145 million in suspected irregular payments linked to its copper and cobalt operations in the Democratic Republic of Congo. The investigation focused on Ruashi Mine, where the company said former local employees may have exploited weak procurement and payment controls between 2019 and 2024 through questionable supplier transactions, cash payments, and disputed invoices. In a filing released late Friday, Jinchuan said investigators reviewed financial transactions during a… Read More Here
DRC Suspends Mining Operations in South Kivu Amid Illegal Mining and Security Concerns 9 Mining in DRC Artisanal mining 

DRC Suspends Mining Operations in South Kivu Amid Illegal Mining and Security Concerns

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DR Congo Suspends Mining Activities in Mwenga and Shabunda Over Illegal Operations The Congolese government has suspended all mining activities in the territories of Mwenga and Shabunda in South Kivu Province following growing concerns over illegal mining operations and security threats linked to the sector. The decision was announced in a decree signed on May 22, 2026, in Kinshasa by Minister of Mines Louis Kabamba Watum. Under the order, all mining activities in the two territories will remain suspended for a period of three months. According to the Ministry of… Read More Here
ARSP Pushes Mining Companies in Haut-Katanga to Prioritise Local Content and Job Creation 10 Mining in DRC Economy Governance 

ARSP Pushes Mining Companies in Haut-Katanga to Prioritise Local Content and Job Creation

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DR Congo’s ARSP Intensifies Mining Sector Compliance Drive to Boost Local Content and Employment The Subcontracting Regulatory Authority in the Private Sector (ARSP) has intensified its compliance monitoring operations in Haut-Katanga Province as part of ongoing efforts to strengthen local participation in the Democratic Republic of Congo’s mining sector. During the mission, ARSP Director General Miguel Kashal visited several mining companies, including STL (Société du Terril de Lubumbashi), CDM, and MMG, as well as the facilities of various subcontracting firms operating in the region. According to ARSP, the inspections focused… Read More Here

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