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Category: Mining in DRC

DRC Govt Adopts 2026 Draft Finance Law with $20.3 Billion Budget 1 Mining in DRC Economy 

DRC Govt Adopts 2026 Draft Finance Law with $20.3 Billion Budget

Constance
DRC Adopts 2026 Draft Finance Law: $20.3 Billion Balanced Budget Targets Growth and Reforms The Government of the Democratic Republic of Congo (DRC) has approved the 2026 draft finance law, projecting a balanced budget of 59,020.5 billion Congolese francs (approximately $20.3 billion USD). The adoption took place on Friday, September 12, 2025, during the 58th meeting of the Council of Ministers. The draft bill was presented by Adolphe Muzito, Deputy Prime Minister and Minister of the Budget, who emphasized that the 2026 budget reflects the government’s goal of consolidating macroeconomic… Read More Here
DRC Confirms Congo Fair Mining as Sole Owner of Rubaya Mine 2 Mining in DRC 

DRC Confirms Congo Fair Mining as Sole Owner of Rubaya Mine

Constance
DRC Confirms Congo Fair Mining’s Exclusive Ownership of Rubaya Tantalum Mine, Ending Years of Title Disputes The Council of State of the Democratic Republic of Congo has confirmed that Congo Fair Mining (CFM) is the sole legal owner of the Rubaya concession (PE 76), spanning 360 square meters, according to a press release issued by the company on Saturday, September 13, 2025. The statement explains that: “On April 30, 2025, the Council of State annulled PE 4731, which had been illegally awarded to SMB, and reaffirmed the indivisibility of PE… Read More Here
DRC Authorities Push for Legal Framework and Viable Zones to Manage Artisanal Mining Invasions 3 Mining in DRC Artisanal mining 

DRC Authorities Push for Legal Framework and Viable Zones to Manage Artisanal Mining Invasions

Constance
DRC Tackles Artisanal Mining Invasions: SAEMAPE Calls for Legal Compliance and Structured Solutions The invasion of mining sites by artisanal miners is increasingly causing conflicts and operational challenges in Grand Katanga and other mining regions across the Democratic Republic of Congo (DRC). In response, Jean-Paul Kapongo Kadiobo, Director General of the Assistance and Supervision Service for Artisanal and Small-Scale Mining (SAEMAPE), emphasized the strict application of Article 30 of the DRC Mining Code. He spoke at the closing of a high-level workshop co-organized by the Chamber of Mines, the Extractive… Read More Here
DRC Civil Society Urges Stronger Justice Reforms and Human Rights Protections Under Suminwa II Govt 4 Mining in DRC Governance 

DRC Civil Society Urges Stronger Justice Reforms and Human Rights Protections Under Suminwa II Govt

Constance
APDHJ Outlines Key Priorities for Justice and Human Rights Under the New Suminwa II Government The association Act for Patriotism, Human Rights and Justice (APDHJ) has outlined its expectations following the formation of the Suminwa II Government, which ushered in new leadership at the Ministries of Justice and Human Rights. In a statement released on September 10, 2025, APDHJ stressed that this change in leadership represents an opportunity to strengthen state action in areas critical to the rule of law and the protection of human rights. According to the organization,… Read More Here
DRC Civil Society Calls for Transparency in KoBold Metals Lithium Exploration Agreement 5 Mining in DRC Battery Metals Corporate News Exploration Lithium 

DRC Civil Society Calls for Transparency in KoBold Metals Lithium Exploration Agreement

Constance
DRC Civil Society Demands Transparency, Local Jobs, and Fair Revenue Sharing in KoBold Metals Lithium Exploration Following the granting of seven exploration permits to the U.S.-based company KoBold Metals, the Coalition for the Recovery of the Mining and Petroleum Assets of the Congolese People (CORAC) has issued a series of recommendations to ensure that this partnership delivers tangible benefits for the Democratic Republic of Congo (DRC). CORAC is urging the government to guarantee full transparency of contracts, including the introduction of binding clauses with clear deadlines and penalties. The coalition… Read More Here
DRC Prime Minister Judith Suminwa Leads National Drive on Direct Tax Reform 6 Mining in DRC Governance 

DRC Prime Minister Judith Suminwa Leads National Drive on Direct Tax Reform

Constance
DRC Unveils Direct Tax Reform: Corporate and Personal Income Taxes to Replace Multiple Levies by 2026 Prime Minister Judith Suminwa Tuluka, representing President Félix Tshisekedi, officially launched the national awareness campaign on direct tax reform alongside Finance Minister Doudou Fwamba. Scheduled to take effect on January 1, 2026, the reform—introduced under Law No. 23/053 of November 30, 2023—seeks to simplify and modernize the Congolese tax system. It consolidates several existing taxes into just two: the Corporate Tax (IS) and the Personal Income Tax (IRPP). Key Features of the Reform Finance… Read More Here
DRC and Kazakhstan Sign Key Mining and Industrial Cooperation Agreements 7 Mining in DRC 

DRC and Kazakhstan Sign Key Mining and Industrial Cooperation Agreements

Constance
DRC and Kazakhstan Forge Strategic Mining Partnership, Expand Cooperation in Energy, Infrastructure, and Education During his official visit to Kazakhstan, the President of the Democratic Republic of Congo (DRC), Félix Tshisekedi, witnessed the signing of a landmark memorandum of cooperation in the fields of mining and geology between the DRC and the Republic of Kazakhstan on Wednesday, September 10, 2025. The agreement was signed by Louis Watum, DRC’s Minister of Mines, and Yersayin Nagaspaev, Kazakhstan’s Minister of Industry and Construction. Beyond mining and industrial value chains, Kazakhstan also expressed its… Read More Here
DRC Mining Companies Accused of Failing to Pay 0.3% Community Contribution 8 Mining in DRC 

DRC Mining Companies Accused of Failing to Pay 0.3% Community Contribution

Constance
Afrewatch Urges Stricter Oversight as Mining Firms Fail to Pay Dues to Congolese Communities During a high-level workshop in Lubumbashi (September 9–12), organized by the Federation of Enterprises of Congo (FEC) through IDAK, the African Observatory of Natural Resources (Afrewatch) raised concerns over widespread non-compliance by mining companies with their legal obligation to contribute 0.3% of turnover to local communities affected by mining activities. Afrewatch highlighted findings from the Court of Auditors’ June report, which revealed that nearly half of audited companies were in default. “Out of 44 companies audited,… Read More Here
Congo’s Gécamines and ERG Seal New Mining Deal Amid Controversy 9 Mining in DRC Corporate News 

Congo’s Gécamines and ERG Seal New Mining Deal Amid Controversy

Constance
DRC Signs Controversial Mining Agreement with ERG as Critics Warn of “Betrayal” The government of the Democratic Republic of Congo (DRC) has announced a new agreement between Luxembourg-based mining giant Eurasian Resources Group (ERG), in which Kazakhstan holds a 40% stake, and state-owned Générale des Carrières et des Mines (Gécamines). While officials are hailing the deal as a fresh start for the sector, opposition voices have denounced it as a dangerous sell-off of national resources. Opposition leader Franck Djongo called the agreement “a historic betrayal, signed outside the country, behind… Read More Here
Prime Minister Judith Suminwa Pushes for Swift Completion of Road Projects Ahead of Rainy Season 10 Mining in DRC Infrastructural Development Transport and Logistics 

Prime Minister Judith Suminwa Pushes for Swift Completion of Road Projects Ahead of Rainy Season

Constance
DR Congo Races to Complete Road Infrastructure Projects Before Rainy Season, Says PM Judith Suminwa Kinshasa, DR Congo — Prime Minister Judith Suminwa Tuluka has reaffirmed her commitment to accelerating the completion of ongoing road infrastructure projects across the Democratic Republic of Congo before the onset of the rainy season. During the 57th Council of Ministers meeting held on Friday in Kinshasa, the Prime Minister reminded cabinet members of the key recommendations made during a strategic session on Thursday, September 4, 2025. This session, held at the Prime Minister’s Office,… Read More Here

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