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Category: Mining in DRC

IMF Projects Over 5% GDP Growth for DRC in 2025–2026 Amid Strong Mining Performance 1 Mining in DRC Economy 

IMF Projects Over 5% GDP Growth for DRC in 2025–2026 Amid Strong Mining Performance

Constance
Democratic Republic of Congo Set for Robust 5% Growth in 2025–2026, Driven by Mining Sector and Inflation Control, Says IMF The Democratic Republic of Congo (DRC) is poised for continued economic expansion, with real GDP growth projected to exceed 5% in both 2025 and 2026, according to the latest forecasts from the International Monetary Fund (IMF). The IMF report highlights the resilience of the Congolese economy, which has managed to sustain positive growth despite ongoing security challenges in the eastern regions and significant fiscal pressures. Mining Sector Remains the Engine… Read More Here
Glencore Strengthens Its Commitment to Responsible Mining and Social Impact in the DRC 2 Mining in DRC Corporate News 

Glencore Strengthens Its Commitment to Responsible Mining and Social Impact in the DRC

Constance
Glencore DRC Reports Strong 2024 Performance with Industrial Recovery, $53 Million in Social Investments, and Renewed Energy Partnerships The year 2024 was a defining one for Glencore in the Democratic Republic of Congo (DRC). Marked by the resumption of industrial operations, major investments, and expanded social initiatives, the company strengthened its position as a global leader in responsible and sustainable mining. Speaking at the 7th Annual Glencore Conference on November 4, 2025, themed “Ensuring the Future of Global Standards with Social Impact,” Marie-Chantal Kaninda, President of Glencore DRC and Chair… Read More Here
DRC Strengthens Global Copper Role Through ERG-Mercuria Partnership 3 Mining in DRC Copper Corporate News 

DRC Strengthens Global Copper Role Through ERG-Mercuria Partnership

Constance
DRC Copper Market Boosted by ERG-Mercuria $100M Deal Amid Rising Global Demand The Democratic Republic of Congo (DRC) continues to solidify its position as a key global copper producer. On October 30, 2025, Swiss trader Mercuria Energy Trading announced a three-year agreement with Eurasian Resources Group (ERG) to purchase copper from its Congolese assets. The partnership includes a pre-financing facility of up to $100 million, though specific details such as pricing, copper volumes, or interest rates were not disclosed. While such agreements are common in the sector, the deal has… Read More Here
DRC Revokes Seven Mining Permits Over Non-Payment of Surface Rights 4 Mining in DRC 

DRC Revokes Seven Mining Permits Over Non-Payment of Surface Rights

Constance
DRC Strengthens Mining Oversight, Revokes Seven Permits for Companies Failing to Pay Surface Fees The Democratic Republic of Congo (DRC) is stepping up oversight of its mining sector. At the end of October 2025, the Ministry of Mines announced the forfeiture of seven mining titles from various companies for non-payment of surface rights, according to a list published by the Mining Cadastre (CAMI) on November 3. Among the companies affected, Geocore was the most impacted, losing two permits. One of these, issued in 2021, covered five mining blocks in the… Read More Here
Carter Center Delegation Visits MMG Kinsevere Mine to Review Community and Environmental Initiatives 5 Mining in DRC Corporate News 

Carter Center Delegation Visits MMG Kinsevere Mine to Review Community and Environmental Initiatives

Constance
Carter Center Leaders Tour MMG Kinsevere Mine, Evaluate Community Projects and Environmental Management A 14-person delegation led by Ms. Paige Alexander, President and CEO of The Carter Center, visited the MMG Kinsevere mine on Friday, November 7, 2025, where they were welcomed by the mine’s General Manager, Mr. Yi Chen. The visit focused on mining innovation, community project implementation, and environmental risk management. The delegation toured the mine and processing facilities, including the RGA plant, regarded as one of Central Africa’s most modern copper processing sites. They reviewed the investments… Read More Here
Seven Miners Killed in Landslide at Lugushwa Artisanal Mining Site 6 Artisanal mining Mining in DRC Mining safety 

Seven Miners Killed in Landslide at Lugushwa Artisanal Mining Site

Constance
Deadly Landslide at Lugushwa Mining Site Claims Seven Lives, Highlights Safety Risks for Artisanal Miners A deadly landslide at the G20 mining site in Lugushwa has claimed the lives of seven miners, raising urgent concerns about the safety of artisanal mining operations in the region. The incident occurred on Thursday, November 6, 2025, when a section of the mine collapsed, burying workers in a drainage area while they were extracting ore. Several others were injured and received immediate care from makeshift first responders at the scene. Residents of the Wamuzimu… Read More Here
Ivanhoe Mines to Receive First 50 MW of Clean Power from Inga II Hydroelectric Dam This November 7 Mining in DRC Hydro power plant 

Ivanhoe Mines to Receive First 50 MW of Clean Power from Inga II Hydroelectric Dam This November

Constance
Ivanhoe Mines’ Kamoa-Kakula Copper Complex to Tap 50 MW from Inga II Hydroelectric Dam — Key Step Toward Energy Independence by 2027 Ivanhoe Mines has announced that its flagship Kamoa-Kakula copper complex will begin receiving an initial 50 megawatts (MW) of renewable power from the Inga II hydroelectric dam this November. The update was shared in the company’s third-quarter 2025 financial report, released on October 29, 2025. The new power supply will come from Turbine 5 at Inga II, which has a total capacity of 178 MW. The turbine has… Read More Here
DRC Minister of Mines Advocates Innovation and Transparency at Sweden-Led Sustainability Forum 8 Mining in DRC 

DRC Minister of Mines Advocates Innovation and Transparency at Sweden-Led Sustainability Forum

Constance
DRC Mining Minister Calls for Innovation, Cooperation, and Good Governance to Build a Sustainable Mining Future The National Minister of Mines participated on Thursday, October 30, 2025, in the Development Session on Sustainability in the Mining Sector, organized by the Embassy of Sweden at Espace Texaf Bilembo in Kinshasa. The event was held under the theme: “How Innovation, Responsibility and International Cooperation Are Influencing the Future of the Mining Sector.” This high-level forum brought together representatives from government, the private sector, civil society, and international partners to discuss how to… Read More Here
DRC Minister of Mines Highlights Mining Sector Progress at Glencore 2025 Conference 9 Mining in DRC Events & Expos 

DRC Minister of Mines Highlights Mining Sector Progress at Glencore 2025 Conference

Constance
DRC Mining Minister Louis Watum Kabamba Praises Glencore’s Investments, Highlights $40 Billion in Sector Growth The National Minister of Mines, His Excellency Mr. Louis Watum Kabamba, joined Prime Minister Her Excellency Mrs. Judith Suminwa at the annual Glencore DRC 2025 conference. Held under the theme “Securing the Future: From Global Standards to Local Impact,” the conference brought together government officials, private sector representatives, and international partners to discuss sustainability, governance, and local impact in the mining sector. In his keynote address, Minister Kabamba commended Glencore for its continued presence in… Read More Here
DRC Minister Suspends Congo Dongfang Mining After Effluent Spill in Lubumbashi 10 Mining in DRC Tailings 

DRC Minister Suspends Congo Dongfang Mining After Effluent Spill in Lubumbashi

Constance
DR Congo Suspends CDM Mining Operations Following Major Environmental Incident in Lubumbashi On Thursday, November 6, 2025, at 2 a.m., the National Minister of Mines, His Excellency Louis Watum Kabamba, arrived in Lubumbashi, Haut-Katanga Province, to assess a major environmental incident at the Congo Dongfang Mining (CDM) site. Initial reports indicated that an overflow of industrial effluent from a discharge basin affected several nearby neighborhoods, raising serious concerns about public safety and environmental protection. On-site inspections revealed significant shortcomings: the CDM discharge basin failed to meet international standards, lacking proper… Read More Here

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