Mining in DRC - Copperbelt Katanga Mining

DRC Mines Minister Launches Dialogue in Kolwezi to Address Industry Challenges 1

Congo Mines Minister Visits Kolwezi to Tackle Artisanal Mining, Site Invasions, and Governance Issues Louis Watum Kabamba, the Democratic Republic of Congo’s Minister of Mines, arrived in Kolwezi, Lualaba Province, on Thursday, September 18, 2025, for an official mission aimed at strengthening dialogue with the mining industry. The visit seeks to identify and resolve key challenges undermining the sector’s positive impact on local communities and the national economy. According to a statement from the Ministry of Mines, the Minister’s agenda includes addressing issues such as the management of mining royalties… Read More Here

Mining in DRC

DRC Justice Minister Seeks Stronger Oversight of Mining Sector and Legal Reforms

September 19, 2025September 19, 2025 Constance

Congo Justice Minister Pushes Mining Oversight, Royalty Compliance, and Justice Reform Guillaume Ngefa, the Democratic Republic of Congo’s Minister of State and Minister of Justice, has announced a renewed focus on enforcing mining legislation, particularly in the areas of royalty payments and environmental compliance. The statement was delivered during a special government briefing led by Communication Minister and spokesperson Patrick Muyaya. Following an inspection tour in Haut-Katanga and Lualaba—two provinces central to the country’s mining activity—Ngefa reported persistent violations of the Mining Code. He highlighted two main issues: environmental breaches… Read More Here

DRC to Review Cobalt Export Ban as Expert Warns of Diminishing Benefits

September 19, 2025September 19, 2025 Constance

DRC Expected to Reassess Cobalt Export Suspension at Council of Ministers Meeting The Congolese government is expected to review its cobalt export suspension—renewed last June—at the conclusion of the 59th Council of Ministers meeting this Friday. Mining expert Léonide Mupepele warns that the policy is no longer delivering benefits to the Democratic Republic of Congo (DRC). Mupepele argues that while the initial suspension boosted cobalt prices significantly, subsequent extensions have had little effect. “The first time, prices jumped from $21,000 per tonne to $33,000, a gain of $13,000. But after… Read More Here

Mining in DRC Battery Metals Cobalt

Cobalt Prices Rebound as DRC’s Export Ban Reshapes Global Battery Market

September 19, 2025September 19, 2025 Constance

Cobalt Prices Soar 90% in 2025 as Congo Export Ban Tightens Supply for EV Batteries A surge in supply from the Democratic Republic of Congo (DRC)—which produces about 80% of the world’s cobalt—combined with sluggish demand from the electric vehicle (EV) sector, drove cobalt prices to historic lows at the beginning of 2025. Copper output in the DRC, much of it controlled by Chinese companies, rose sharply in 2024, driving a nearly 40% increase in the country’s cobalt production. In February, however, the Congolese government imposed a four-month export ban,… Read More Here

Mining in DRC Corporate News Press Release

Ivanhoe Mines to Issue Kamoa-Kakula 2026 and 2027 Production Guidance Once Stage Two Dewatering Is Further Advanced

September 19, 2025September 19, 2025 Constance

Kolwezi, Democratic Republic of the Congo – Ivanhoe Mines’ (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President and Chief Executive Officer Marna Cloete announce that following the last update made on August 25, 2025, the Stage Two dewatering of the Kakula Mine has commenced on schedule, and that Kamoa-Kakula’s 2026 and 2027 copper production guidance will now be issued once Stage Two dewatering activities are more advanced. Three out of the four Stage Two high-capacity, submersible pumps were recently installed and commissioned on schedule. Kamoa-Kakula’s engineering team expect… Read More Here

Mining in DRC Corporate News Press Release

Ivanhoe Mines Announces US$500 Million Strategic Private Placement with Qatar Investment Authority

September 18, 2025September 18, 2025 Constance

Doha, Qatar–(Newsfile Corp. – September 17, 2025) – Ivanhoe Mines’ (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President and Chief Executive Officer Marna Cloete announce today a US$500 million investment from Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar. In accordance with the investment, Ivanhoe Mines will issue 57,516,666 common shares to QIA by way of a private placement at a price of C$12.00 per share, yielding gross proceeds to Ivanhoe of approximately US$500 million. Upon completion of the investment, QIA will own… Read More Here

Mining in DRC Regional conflict

Rwanda and DRC Advance Peace Deal with Mineral Supply Chain Reforms

September 16, 2025September 16, 2025 Constance

Rwanda and DRC to Finalize Mineral Supply Chain Framework to Attract Global Investment Rwanda and the Democratic Republic of Congo (DRC) are preparing to finalize an economic framework that aims to reform mineral supply chains and attract international investment. The initiative, developed in partnership with third parties including the United States, follows the peace deal signed in Washington earlier this year. According to sources, the draft framework is currently under discussion with stakeholders such as private sector representatives, multilateral banks, and donor agencies. Rwanda and DRC are expected to meet… Read More Here

Mining in DRC Economy

DRC Prime Minister Presents 2026 Finance Bill of $20.3 Billion to Parliament

September 16, 2025September 16, 2025 Constance

DRC 2026 Finance Bill: Prime Minister Suminwa Submits $20.3 Billion Budget with 16% Increase The September parliamentary session opened with a major institutional event at the People’s Palace. On Monday, September 15, 2025, Prime Minister Judith Suminwa Tuluka submitted the 2026 Finance Bill, estimated at 59,020.5 billion Congolese Francs (CDF), or USD 20.3 billion, alongside the Bill on the rendering of accounts for the 2024 fiscal year. The Prime Minister was accompanied by the Deputy Prime Minister in charge of the Budget, the Minister of Finance, and the Minister of… Read More Here

Mining in DRC

Kasai Province and CAMI Unite to Boost Mining Tax Revenues in DRC

September 16, 2025September 16, 2025 Constance

Kasai and CAMI Sign Agreement to Regulate Mining Taxes and Strengthen Provincial Revenues The Mining Registry (CAMI) and the Kasai provincial government took a major step on Friday, September 12, 2025, by signing a memorandum of understanding to regulate surface taxes on mining concessions. The goal is clear: to maximize tax revenues from the mining sector for the direct benefit of the province. This agreement is part of a broader effort to reinforce the institutional capacity of provinces in managing mining activities. According to CAMI Director General Popol Mabolia Yenga,… Read More Here

Mining in DRC Corporate News

Workers Urge DRC Govt to Finalize CHEMAF Sale to Protect Jobs

September 14, 2025September 15, 2025 Constance

DRC Mining: CHEMAF Workers Call on Government to Accelerate Sale and Safeguard Jobs CHEMAF SA, a private mining company active in the copper and cobalt sector in Haut-Katanga and Lualaba, is facing a deep crisis marked by declining production, aging equipment, and stalled investment. Workers are now appealing directly to President Félix Antoine Tshisekedi to accelerate the company’s sale and ensure the protection of jobs and social rights. In a statement, employees demanded that the government guarantee in writing: The safeguarding of jobs and social benefits The establishment of permanent… Read More Here