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Category: Mining in DRC

DRC Prime Minister Presents 2026 Finance Bill of $20.3 Billion to Parliament 1 Mining in DRC Economy 

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

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
Kasai Province and CAMI Unite to Boost Mining Tax Revenues in DRC 2 Mining in DRC 

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

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
Workers Urge DRC Govt to Finalize CHEMAF Sale to Protect Jobs 3 Mining in DRC Corporate News 

Workers Urge DRC Govt to Finalize CHEMAF Sale to Protect Jobs

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
DRC Govt Adopts 2026 Draft Finance Law with $20.3 Billion Budget 4 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 5 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 6 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 7 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 8 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 9 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 10 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

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