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Category: Mining in DRC

U.S. Sanctions Armed Groups Exploiting Critical Minerals in Eastern DRC 1 Mining in DRC Regional conflict 

U.S. Sanctions Armed Groups Exploiting Critical Minerals in Eastern DRC

Constance
U.S. Warns Armed Groups in DRC: Sanctions Target Illicit Mineral Trade and Rwanda-Backed M23 The United States announced new sanctions on Tuesday, August 12, 2025, targeting armed groups involved in the illegal exploitation of critical minerals in eastern Democratic Republic of Congo (DRC). Washington also warned that it is prepared to act against any group obstructing U.S. and allied access to these minerals, particularly in Rubaya, an area under the control of Rwanda’s army and M23 rebels for several months. “The Treasury Department will not hesitate to take action against… Read More Here
Congolese Miner CDMC Denies Links to Armed Groups Amid U.S. Sanctions 2 Mining in DRC 

Congolese Miner CDMC Denies Links to Armed Groups Amid U.S. Sanctions

Constance
CDMC Rejects Allegations of Armed Group Ties as U.S. Sanctions Target Rubaya Mining The Congolese mining company recently sanctioned by the United States has categorically rejected allegations linking it to armed groups and mineral smuggling in eastern Democratic Republic of Congo (DRC). On Tuesday, the U.S. Treasury Department announced sanctions against the Cooperative des Artisanaux Miniers du Congo (CDMC) over what it described as the illicit sale of critical minerals smuggled from Rubaya, a mineral-rich region. The sanctions also targeted the Coalition des Patriotes Resistants Congolais-Forces de Frappe (PARECO-FF)—an armed… Read More Here
Barrick Gold Highlights Africa as Core Growth Driver with Record Output from Kibali and Lumwana 3 Gold Corporate News Mining in DRC Mining in Zambia 

Barrick Gold Highlights Africa as Core Growth Driver with Record Output from Kibali and Lumwana

Constance
Barrick Hails Africa as Key Cash Generator, Showcasing Growth Across Gold and Copper Operations Africa remains a cornerstone of Barrick Gold’s portfolio, with the continent delivering some of the strongest cash flows for the company in the second quarter of 2025. CEO Mark Bristow praised the region’s performance, noting higher production, improved unit costs, and progress on multiple strategic growth projects. Barrick’s flagship Kibali gold mine in the Democratic Republic of Congo (DRC) delivered another strong quarter. Operated by Barrick and jointly owned with AngloGold Ashanti (45% each) and Société… Read More Here
Alphamin Resources Boosts Earnings as Tin Sales Surge 4 Uncategorized Corporate News Mining in DRC Tin 

Alphamin Resources Boosts Earnings as Tin Sales Surge

Constance
Alphamin Resources Q2 Earnings Jump 21% to $75M as Tin Sales Climb, $65M Dividend Announced JSE-listed Alphamin Resources has reported a 21% quarter-on-quarter increase in EBITDA to $75 million for the second quarter ended June 30, 2025, driven primarily by higher tin sales. Operations at the company’s Bisie tin mine in the Democratic Republic of Congo were temporarily halted earlier this year due to security concerns over insurgent activity near surrounding communities. The shutdown disrupted both production and sales before operations resumed in mid-April. Bisie produced 4,106 tonnes of contained… Read More Here
US Sanctions Armed Group and Hong Kong Companies Linked to Congo’s Illicit Mineral Trade 5 Mining in DRC Battery Metals 

US Sanctions Armed Group and Hong Kong Companies Linked to Congo’s Illicit Mineral Trade

Constance
US Targets Armed Group and Hong Kong Firms Over Congo Conflict Minerals The United States has imposed sanctions on an armed group and two Hong Kong-based companies accused of involvement in violence and illegal mining in the Democratic Republic of Congo (DRC). Officials say the move is part of a broader effort to disrupt the flow of “conflict minerals” from the region. The Treasury Department’s Office of Foreign Assets Control (OFAC) announced penalties against PARECO-FF, a successor to an armed group with a history of “destabilizing activities” in the DRC.… Read More Here
US Investment Won’t Displace DRC Mining Partners 6 Mining in DRC 

US Investment Won’t Displace DRC Mining Partners

Constance
The Chairman of the Board of Directors of the Mining Registry (CAMI), Crispin Mbindule Mitono, has reassured the public that the arrival of American investors in the Democratic Republic of Congo’s mining sector will not result in the country’s resources being sold off or in the replacement of existing partners. Speaking at a press conference on Thursday, August 7, 2025, Mbindule dismissed rumors suggesting that the Congolese government intends to reserve the mining sector exclusively for American companies. “The contract we signed does not mean we are offering mining areas… Read More Here
Mining Cadastre of DRC Launches Drone Surveillance and AI Integration for 2025 7 Mining in DRC Mining technology 

Mining Cadastre of DRC Launches Drone Surveillance and AI Integration for 2025

Constance
DR Congo’s CAMI Deploys Drones, AI, and Legal Reforms to Boost Mining Sector Oversight The Mining Cadastre (CAMI) has kicked off the second half of 2025 with a series of technological and legal initiatives aimed at enhancing oversight, transparency, and efficiency in the Democratic Republic of Congo’s mining sector. Announced by CAMI Director General Paul Mabolia during a press conference on Thursday, August 7, 2025, the upgrades include the acquisition of drones to improve aerial surveillance of mining perimeters. These drones will help verify the actual commencement of work on… Read More Here
DRC Exports Over One Tonne of Artisanal Gold in First Half of 2025 8 Mining in DRC Artisanal mining Economy Gold 

DRC Exports Over One Tonne of Artisanal Gold in First Half of 2025

Constance
DRC Gold Trading SA Reports 1,057 kg of Legal Artisanal Gold Exports Worth €97 Million Between January and June 2025, the Democratic Republic of Congo (DRC) legally exported a total of 1,057.88 kilograms of artisanal gold, according to statistical data published by DRC Gold Trading SA on its official X (formerly Twitter) account in July 2025. The company emphasized that these figures demonstrate the viability of selling Congolese gold through legal, traceable, and profitable channels. “With just over one tonne of artisanal gold exported in the first half of 2025,… Read More Here
KCC Denies Reports of Selling Three Artisanal Mining Sites in Lualaba Province 9 Mining in DRC Copper Corporate News 

KCC Denies Reports of Selling Three Artisanal Mining Sites in Lualaba Province

Constance
Kamoto Copper Company Refutes Claims of Selling Lualaba Artisanal Mining Sites In a press release issued on Thursday, August 7, 2025, Kamoto Copper Company (KCC) firmly denied allegations that it intends to sell its three artisanal mining sites in Lualaba Province. “KCC has made no such commitment,” the company stated, underscoring its importance as an employer, community partner, and taxpayer in the province. “We intend to continue playing our role to the fullest by operating all of our mining permits,” the statement added. KCC clarified that during the renewal of… Read More Here
DRC Lawmakers Inspect MMG Kinsevere Mine to Review Community and Environmental Compliance 10 Mining in DRC Corporate News 

DRC Lawmakers Inspect MMG Kinsevere Mine to Review Community and Environmental Compliance

Constance
DRC Parliament Oversight Mission Evaluates MMG Kinsevere Mining Operations and Community Projects A delegation of national deputies from the Standing Committee on Environment, Tourism, Natural Resources, and Sustainable Development of the National Assembly conducted an inspection visit on Thursday last week to the Kinsevere mining site in Lualaba Province, operated by MMG. The visit was part of a broader oversight mission to monitor mining sites across Lualaba and Haut-Katanga. Led by Honorable Bokele Djema Adrien, the eleven-member parliamentary team assessed the company’s compliance with its legal obligations under the Mining… Read More Here

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