Mining in DRC - Copperbelt Katanga Mining

EU–US Delegation Presents $6 Billion Lobito Corridor Study in Kinshasa 1

Lobito Corridor Project: EU and US Experts Present $6B Pre-Feasibility Study to Boost Africa Trade A joint delegation of experts from the European Union (EU) and the United States (US) presented the conclusions of pre-feasibility studies for the Lobito Corridor project, an initiative estimated at over $6 billion and financed by the US. The meeting, chaired by Jean-Pierre Bemba, Deputy Prime Minister and Minister of Transport of the Democratic Republic of Congo (DRC), clarified the financial requirements and timeline for the first phase, which will focus on rehabilitating the Dilolo–Kolwezi–Tenke… Read More Here

DRC to Decide on Cobalt Export Ban Extension or Lifting by September 21, 2025

September 10, 2025September 10, 2025 Constance

DRC Weighs Future of Cobalt Export Ban Ahead of September Deadline Kinshasa, DRC — The Congolese government is expected to announce by September 21, 2025, whether it will extend, modify, or lift its current suspension of cobalt exports to the international market. The measure, first introduced on February 22, 2025, by the Regulatory and Control Authority for Strategic Mineral Substances Markets (ARECOMS), initially imposed a four-month ban on exports of cobalt hydroxides, carbonates, white alloys, and copper-cobalt concentrates. The suspension, which applied to all operators—industrial, semi-industrial, and artisanal— was later… Read More Here

Mining in DRC

DRC Lawmakers Push for Stronger Mining Regulation in Walikale as CAMI Strengthens Oversight

September 10, 2025September 10, 2025 Constance

DRC Mining Cadastre and Parliamentarians Urge Compliance with Mining Code in Walikale Kinshasa, DRC — The Mining Cadastre (CAMI) has engaged in discussions with a parliamentary delegation led by national deputy Michel Moto, elected from Walikale territory, over growing concerns about non-compliance with mining standards in the Democratic Republic of Congo (DRC). The delegation, received by CAMI Director General Popol Mabolia Yenga and his deputy Jacques Muyumba Ndubula, highlighted violations of legal and regulatory provisions by several mining companies operating in Walikale, a resource-rich but poorly regulated region. Parliamentarians expressed… Read More Here

Mining in DRC Economy

DRC Secures $21 Billion Investment from Al Mansour Holding

September 7, 2025September 7, 2025 Constance

DR Congo Signs $21 Billion Deals with Al Mansour Holding to Boost Infrastructure and Industry On 2nd September 2025, Sheikh Al-Mansour Bin Jabor Bin Jassim Al Thani, head of Al Mansour Holding and cousin of Qatar’s Emir, arrived in Kinshasa to finalize a landmark investment partnership with the Democratic Republic of Congo (DR Congo). The visit culminated in the signing of 18 agreements worth a total of $21 billion, according to the Prime Minister’s office. The signing ceremony was presided over by Deputy Prime Minister and Transportation Minister Jean-Pierre Bemba… Read More Here

Mining in DRC

DRC Mining Audit Reveals Mismanagement of 0.3% Community Development Funds

September 7, 2025September 7, 2025 Constance

DRC Court of Auditors Uncovers Widespread Mismanagement of Mining Community Funds The Court of Auditors of the Democratic Republic of Congo (DRC) released a critical audit report on September 3, 2025, exposing serious mismanagement of the 0.3% allocation of mining company turnover designated for community development projects. Established under Article 258 bis of the DRC Mining Code, this fund is intended to mitigate the adverse impacts of mining on local communities. The report was presented to the Minister of State for Social Affairs, Humanitarian Actions, and National Solidarity, Ève Bazaiba,… Read More Here

Mining in DRC Economy Gold News in Brief

Congolese Gold Price Sees Modest Uptick Amid Global Market Stability

September 7, 2025September 7, 2025 Constance

Congolese Gold Price Rises to $108.71 per Gram as Global Markets Remain Stable The price of Congolese gold experienced a slight increase on international markets, reaching USD 108.71 per gram for the week of September 1–6, 2025, up from USD 108.10 the previous week. This represents a modest rise of 0.56%, according to the National Commission of Mercuriales. Although contained, this increase reflects the current stability of gold on global stock markets. The precious metal continues to serve as a safe haven amid economic uncertainties and speculative market movements. In… Read More Here

Mining in DRC Gold

DRC Civil Society Urges Crackdown on Illegal Gold Mining in Haut-Uélé

September 7, 2025September 7, 2025 Constance

DRC’s Haut-Uélé Faces Environmental Threats from Illegal Gold Mining by Foreigners, Civil Society Calls for Expulsions The Congolese League for the Fight against Corruption (LICOCO) has raised alarm over the anarchic and illegal exploitation of gold in Haut-Uélé province, Democratic Republic of Congo (DRC). The civil society organization is urging the provincial governor to expel illegal operators, particularly Chinese nationals and other foreigners. In a press release dated September 4, 2025, LICOCO Executive Secretary Ernest Mpararo expressed concerns about the environmental impact of illegal mining activities, including river pollution and… Read More Here

Mining in DRC Governance

Lualaba Governor Fifi Masuka Meets New DRC Mines Minister Louis Watum Kabamba

September 7, 2025September 7, 2025 Constance

DRC Mines Minister Louis Watum Kabamba Meets Lualaba Governor Fifi Masuka to Strengthen Mining Collaboration Courtesy visits have multiplied since Louis Watum Kabamba was appointed as the new Minister of Mines in the Democratic Republic of Congo (DRC). After receiving ambassadors from China, the United States, and several European countries, the minister met on Friday, September 5, 2025, with Fifi Masuka Saini, governor of Lualaba province, home to the world’s largest cobalt reserves. Fifi Masuka, now a prominent and widely recognized political figure, particularly in the mining sector, used the… Read More Here

Mining in DRC Copper Economy

DRC Produces 785,841 Tonnes of Copper in Q1 2025, Driven by Private Operators

September 7, 2025September 7, 2025 Constance

DRC Copper Output Reaches 785,841 Tonnes in First Quarter 2025, Highlighting Private Sector Dominance The Democratic Republic of Congo (DRC) recorded a production of 785,841 tonnes of copper in the first quarter of 2025, according to the statistical bulletin released by the Central Bank of Congo (BCC) at the end of August. Out of this total, Gécamines, the state-owned mining company historically central to the Congolese mining sector, produced only 2,318 tonnes. The overwhelming majority—783,523 tonnes—came from Gécamines’ private partners and other mining operators active across the country. These figures… Read More Here

Mining in DRC Economy Governance

Tshisekedi Reinforces Commitment to Business Climate and Subcontracting Law in the DRC

September 7, 2025September 7, 2025 Constance

DRC President Tshisekedi Backs Business Climate Reforms and Subcontracting Law Enforcement President Félix-Antoine Tshisekedi has reaffirmed his determination to strengthen the business climate in the Democratic Republic of Congo (DRC) and ensure strict compliance with the law on subcontracting. In the coming days, a joint commission of the Regulatory Authority for Subcontracting in the Private Sector (ARSP) and the Federation of Congolese Enterprises (FEC) will be deployed to companies to monitor the enforcement of the subcontracting law. This initiative was presented to the Head of State on Thursday, September 4,… Read More Here