DRC Strengthens Mining Sector Oversight With New Provincial Tax Agreements 1 Mining in DRC 

DRC Strengthens Mining Sector Oversight With New Provincial Tax Agreements

DRC Mining Registry Signs New Deals With Provinces to Boost Revenues and Transparency Reforms in the Democratic Republic of Congo’s (DRC) mining sector continue to gain momentum, particularly in the area of mining remediation and transparency. On Friday, September 19, 2025, the Mining Registry (CAMI) signed a memorandum of understanding (MoU) with the province of Maniema to regulate the surface area tax on mining concessions. Under the agreement, CAMI will support Maniema in collecting this tax, while also providing technical expertise, shared databases, and training for local staff to strengthen… Read More Here
President Tshisekedi Defends DRC–KoBold Metals Mining Deal as “Win-Win” Partnership 2 Mining in DRC Exploration New Mining Projects 

President Tshisekedi Defends DRC–KoBold Metals Mining Deal as “Win-Win” Partnership

DRC President Tshisekedi Clarifies KoBold Metals Agreement: A Transparent “Win-Win” Deal, Not Exploitation The Congolese government and KoBold Metals signed an agreement in principle in July concerning mining operations in the Democratic Republic of Congo (DRC). Since then, the partnership has been the subject of widespread speculation, with false images and misleading claims circulating on social media. On the sidelines of the 80th United Nations General Assembly in New York this Monday, President Félix Tshisekedi addressed the controversy directly. He stressed that the deal with KoBold is not predatory, but… Read More Here
DRC Mining Firms Accused of Withholding $2.7M Meant for Community Development 3 Mining in DRC 

DRC Mining Firms Accused of Withholding $2.7M Meant for Community Development

DRC Court of Auditors: Mining Firms Owe $2.7 Million to Local Communities Under Mining Code Article 258 bis of the Democratic Republic of Congo’s Mining Code requires mining companies to allocate at least 0.3% of their annual turnover to community development projects. However, a recent investigation by the Court of Auditors revealed that several major operators failed to comply with this legal obligation between 2018 and 2023—despite recording significant revenues. According to the report, Om Metal Resources (OM), Société Anhui-Congo d’Investissement Minier (SACIM), and Société de Traitement du Terril de… Read More Here
DRC Reaffirms Cobalt Export Quota Policy to Boost Local Value 4 Mining in DRC Cobalt 

DRC Reaffirms Cobalt Export Quota Policy to Boost Local Value

Democratic Republic of Congo Stands Firm on Cobalt Export Quotas to Control Prices and Promote Local Processing The Democratic Republic of Congo (DRC) will maintain its newly announced cobalt export quota system, with potential revisions only possible in the long term if deemed necessary, the country’s mining minister confirmed. Mining Minister Louis Watum Kabamba emphasized that Congo is focused on attracting investments that include more local processing of cobalt, aiming to increase the value of its exports. “We cannot let others decide for us. Whether there is a stockpile or… Read More Here
DRC’s Chemaf Faces Closure as Global Battle for Cobalt Heats Up 5 Mining in DRC Cobalt Copper Corporate News 

DRC’s Chemaf Faces Closure as Global Battle for Cobalt Heats Up

Chemaf Faces November Shutdown as US-China Rivalry Over Congo’s Copper and Cobalt Intensifies A copper and cobalt producer in the Democratic Republic of Congo (DRC) has warned it may halt operations in November if it cannot secure new investment, underscoring the mounting tension between the United States and China over access to critical minerals. Chemaf Resources Ltd., backed by commodities trader Trafigura Group, has been searching for a buyer for more than two years after financial difficulties stalled its flagship projects. The company, which employs about 3,000 people, said it… Read More Here
Ituri Province Launches Mining Oversight Operation to Restore Order and Traceability 6 Mining in DRC 

Ituri Province Launches Mining Oversight Operation to Restore Order and Traceability

Ituri Government Strengthens Mining Oversight to Combat Rebel Financing and Ensure Compliance Since Tuesday, September 16, 2025, the Ituri provincial government has launched an operation to monitor and regulate mining sites recently recovered and closed following military operations in Mabanga and surrounding areas. According to security sources, the initiative aims to restore order and ensure traceability of mining resources, some of which had been used to finance armed groups operating in the region. Implemented jointly by provincial experts and technical services from the mining sector, the first phase of the… Read More Here
DRC Advances Sovereign Mineral Marketing Through CEEC–HOLDCO Partnership 7 Mining in DRC 

DRC Advances Sovereign Mineral Marketing Through CEEC–HOLDCO Partnership

DRC Launches Transparent Mineral Marketing with CEEC–HOLDCO Strategic Partnership On Tuesday, September 16, 2025, DRC Minister of Mines Louis Watum Kabamba met with a delegation from the Center for Expertise, Evaluation, and Certification (CEEC), led by Chairman Dave Kalemba Nkashama, alongside Director General Freddy Muamba Kanyinku and Thierry Katembwe Mbala. While not a formal audience, the meeting symbolized the country’s assertion of sovereignty in managing its mineral resources. The delegation reported on the development of the CEEC–RDC/BGN-USA strategic partnership, formed under a shareholding agreement signed on July 30, 2025. This… Read More Here
DRC Minister of Mines Engages Stakeholders in Kolwezi to Boost Mining Governance 8 Mining in DRC 

DRC Minister of Mines Engages Stakeholders in Kolwezi to Boost Mining Governance

DRC Minister of Mines Visits Kolwezi to Strengthen Mining Sector Governance The Minister of Mines of the Democratic Republic of Congo, Louis Watum Kabamba, has been in Kolwezi, the capital of Lualaba province, since Thursday, September 18, 2025, as part of an official mission to engage directly with mining sector stakeholders. Welcomed by Governor Fifi Masuka and other provincial authorities, Minister Kabamba explained that the visit reflects the central government’s commitment to strengthening mining governance and maximizing the sector’s economic benefits for both the province and the nation. During his… Read More Here
Glencore in Talks to Sell Stake in DRC’s Kamoto Copper and Cobalt Mine 9 Mining in DRC Cobalt Copper Corporate News 

Glencore in Talks to Sell Stake in DRC’s Kamoto Copper and Cobalt Mine

Glencore in Talks to Sell Stake in DRC’s Kamoto Copper and Cobalt Mine Amid US Interest Glencore Plc has entered talks to sell a stake in its largest African copper operation, the Kamoto Copper Company (KCC) in the Democratic Republic of Congo (DRC), marking the clearest signal yet that the Swiss commodities giant may relinquish control of one of its flagship assets. KCC oversees a major copper and cobalt project long touted as central to Glencore’s growth. However, the mine has been hampered by operational setbacks, weak cobalt prices, and… Read More Here
DRC Mines Minister Launches Field Tour with Visit to Tenke Fungurume Mining 10 Mining in DRC Copper 

DRC Mines Minister Launches Field Tour with Visit to Tenke Fungurume Mining

Congo Mines Minister Visits Tenke Fungurume to Address Challenges, Community Benefits, and Mining Code Compliance The Democratic Republic of Congo’s new Minister of Mines, Louis Kabamba, has launched a nationwide field tour to better understand the operational realities of mining companies and strengthen collaboration across the sector. The initiative follows a series of meetings with international partners—including China, Germany, Belgium, Switzerland, and the United States—aimed at revitalizing the mining industry, a cornerstone of the Congolese economy. As part of the tour, Kabamba paid an official visit on Friday, September 19,… Read More Here

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