Mining in DRC - Copperbelt Katanga Mining

DRC Finance Minister Doudou Fwamba Strengthens IMF Partnership to Sustain Economic Reforms and Fiscal Stability

October 19, 2025October 19, 2025 Constance

Doudou Fwamba and IMF Deputy Chief Kenji Okamura Discuss DRC’s Fiscal Discipline and Economic Resilience On the sidelines of the 2025 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, Democratic Republic of Congo (DRC) Finance Minister Doudou Fwamba Likunde Li-Botayi held a high-level meeting with IMF Deputy Managing Director Kenji Okamura. The discussions were also attended by the Deputy Minister of the Budget and the Governor of the Central Bank of Congo. At the heart of the exchange were the DRC’s macroeconomic performance, fiscal discipline,… Read More Here

Mining in DRC

DRC Mines Minister Showcases DRC’s Mining Ambitions at U.S.-DRC Economic Forum in Washington

October 19, 2025October 19, 2025 Constance

Louis Kabamba Watum Showcases DRC’s Mining Ambitions at U.S.-DRC Economic Forum in Washington The Democratic Republic of Congo (DRC) made a strong impression in Washington during the U.S.-DRC Economic Forum, where Minister of Mines Louis Kabamba Watum led a series of high-level meetings with major American industrial and financial stakeholders. The discussions underscored Kinshasa’s determination to attract investment for local mineral processing and to strengthen partnerships supporting the country’s economic diversification. Officially opened by Prime Minister Judith Suminwa Tuluka, the forum brought together investors, financial institutions, and senior government officials… Read More Here

Mining in DRC

DRC Mining Minister Defines What Qualifies as Mine Development and Construction Work

October 19, 2025October 19, 2025 Constance

Louis Watum Clarifies the Definition of Development and Construction Works in the DRC Mining Sector On September 8, 2025, the Minister of Mines, Louis Watum Kabamba, signed a decree specifying the types of activities considered as “development and construction works” under mining exploitation rights and permanent quarry operation permits in the Democratic Republic of Congo. Until now, the Mining Code and its Regulations required mining and quarry rights holders to prove the start of operations within specific time limits — one year for exploration permits and one to three years… Read More Here

Transport and Logistics Mining in DRC Mining in Zambia

Kasomeno-Mwenda Toll Road Set to Transform DRC-Zambia Trade Corridor

October 17, 2025October 17, 2025 Constance

Kasomeno-Mwenda Toll Road Project in DRC and Zambia to Boost Trade, Cut Travel Time, and Create Jobs The Kasomeno-Mwenda Toll Road is a landmark infrastructure project connecting the Democratic Republic of Congo (DRC) and Zambia, designed to enhance regional trade, transportation efficiency, and economic development. The project encompasses the construction of 184 kilometers of modernized highway—split evenly between Zambia (92 km) and the DRC (92 km)—a 362-meter cable-stayed bridge over the Luapula River, and a one-stop border post (OSBP) with associated facilities. Structured as a Public-Private Partnership (PPP), the project… Read More Here

Mining in DRC Artisanal mining Mining safety

Two Killed in Ituri Landslide at “Jerusalem” Artisanal Gold Mine

October 16, 2025October 16, 2025 Constance

Two Dead, Two Injured in Landslide at Ituri Artisanal Gold Mine Amid Heavy Rains Two people have died following a landslide that struck the “Jerusalem” artisanal mining site near Lwemba, in Ituri province, late Sunday night. The tragedy adds to a growing number of fatal incidents linked to unstable terrain in eastern Congo’s informal mining zones. According to Peresi Mamboro, a local civil society leader, the accident was triggered by intense rainfall that has battered the region in recent days. “Two people were killed in this landslide, while two others… Read More Here

Mining in DRC Cobalt Copper Hydro power plant

DRC and Hydro-Link Sign $1.5 Billion Deal to Power Mining Belt with Angolan Hydropower

October 16, 2025October 16, 2025 Constance

DRC Partners with Hydro-Link in $1.5 Billion Project to Supply 1,200MW of Clean Energy to Copper and Cobalt Mines The Democratic Republic of Congo (DRC) has signed a $1.5 billion preliminary agreement with Hydro-Link, a unit of Symbion Power, to construct a major 1,160-kilometer (720-mile) electricity transmission line connecting Angola’s hydropower plants to Congo’s key copper and cobalt mining region. Once complete, the project will deliver up to 1,200 megawatts (MW) of clean, renewable energy to the DRC’s mining heartland—helping reduce reliance on costly and polluting diesel generators that many… Read More Here

Mining in DRC Gold

DRC Calls for “Gold Kimberley Process” to Curb Illicit Mineral Trade in Conflict Zones

October 16, 2025October 16, 2025 Constance

DRC Urges UN to Establish Global “Kimberley Process” for Gold to Stop Funding of Armed Groups Speaking before the United Nations Security Council on Monday, Zénon Mukongo Ngay, Permanent Representative of the Democratic Republic of Congo (DRC) to the UN, called for the creation of a global certification mechanism—similar to the Kimberley Process for diamonds—to regulate the trade of gold and minerals from conflict zones. “My government reiterates its request for the establishment of a mechanism similar to the Kimberley Process to manage gold from conflict zones, in order to… Read More Here

Mining in Zambia Mining in DRC Transport and Logistics

DRC, Angola, Zambia, and EU Forge Strategic Alliance to Accelerate Lobito Corridor Development

October 14, 2025October 14, 2025 Constance

DRC, Angola, Zambia, and European Union Partner to Boost Trade, Infrastructure, and Mining Value Chains Through Lobito Corridor On the sidelines of the Global Gateway Forum, the Democratic Republic of the Congo (DRC), Angola, and Zambia signed a landmark cooperation agreement with the European Union (EU) to accelerate the integrated development of the Lobito Corridor—a key initiative aimed at enhancing trade, transport infrastructure, and industrial competitiveness across Central Africa. The partnership was officially announced by Julien Paluku Kahongya, DRC’s Minister of Foreign Trade, following a signing ceremony attended by Josef… Read More Here

Mining in DRC Copper Economy Mining in Zambia

Surging Copper Prices Position DRC and Zambia for Major Revenue Growth Amid Global Supply Crunch

October 14, 2025October 14, 2025 Constance

Copper Prices Hit 17-Month High, Boosting Economic Prospects for DRC and Zambia Global copper prices have soared to their highest levels in 17 months, creating new economic opportunities for Africa’s top producers—the Democratic Republic of the Congo (DRC) and Zambia. As global supply disruptions and speculative investment fuel a rally in the red metal, both nations are poised to benefit from a surge in export revenues and renewed investor confidence. Copper prices climbed by 3.45% on October 13, 2025, reaching $10,775 per metric ton, the highest level since May 2024.… Read More Here

Mining in DRC Economy Gold

DRC to Build Gold Reserves to Strengthen Currency and Support Economic Stability

October 13, 2025October 13, 2025 Constance

DRC Launches Gold Reserve Strategy as Prices Soar Past $4,000 an Ounce to Bolster the Franc The Democratic Republic of Congo (DRC) plans to begin building official gold reserves as part of a broader strategy to strengthen the Congolese franc and support economic resilience, according to Central Bank Governor André Wameso. The move comes amid record-high global gold prices, which surged past $4,000 an ounce this week, marking an increase of more than 50% year-to-date. The rise has been largely driven by heightened central bank purchases worldwide as countries seek… Read More Here