Mining in DRC - Copperbelt Katanga Mining

Middlemen Divert Billions from DRC’s Cobalt and Coltan Trade 1

The Democratic Republic of Congo (DRC), the world’s leading producer of cobalt, loses nearly $1 billion annually to illegal trade, fueling conflict and deepening poverty, according to political analyst Oluwole Ojewale of the Institute for Security Studies. The DRC supplies 70% of the world’s cobalt, essential for electric vehicle batteries and renewable energy projects. However, most of its production comes from 150,000 to 200,000 artisanal miners, with over a million people depending on their work. Operating in North and South Kivu, these miners extract minerals under harsh conditions, while middlemen… Read More Here

Mining in Zambia Mining in DRC Transport and Logistics

SADC Member States Address Kasumbalesa Border Issues for Improved Regional Trade

February 14, 2025February 14, 2025 Constance0 comment

From February 4-7, representatives from Southern African Development Community (SADC) Member States convened in Harare to address the persistent challenges at the Kasumbalesa Border Post, a vital trade hub between Zambia and the Democratic Republic of Congo (DRC). The meeting, organized by the SADC Secretariat and supported by the German Federal Ministry for Economic Cooperation and Development (BMZ), aimed to find lasting solutions to congestion, trade facilitation delays, infrastructure shortcomings, and security concerns affecting truck drivers and the broader trade community. Attended by officials from 10 SADC Member States—including Angola,… Read More Here

Mining in DRC Economy Gold

DRC Gold Trading Aims for 16 Tonnes of Gold in 2025

February 10, 2025February 10, 2025 Constance0 comment

DRC Gold Trading, formerly known as Primera Gold, has set an ambitious target of purchasing 16 tonnes of gold in 2025, with a long-term goal of generating $12 billion for the Democratic Republic of Congo (DRC) over the next five years. The company’s CEO, Joseph Kazibaziba, made this announcement during a press interview over the weekend, highlighting the company’s rapid growth and commitment to formalizing the country’s gold trade. “We are confident that we can exceed 16 tonnes this year, and within five years, we aim to capture more than… Read More Here

Mining in DRC

DRC Urges EU to Halt Cooperation with Rwanda Over Illegal Mineral Exports

February 10, 2025February 10, 2025 Constance0 comment

The Congolese Minister of Foreign Affairs, Thérèse Kayikwamba, has called on the European Union (EU) to immediately suspend all cooperation with Rwanda, particularly concerning the trade of strategic minerals like coltan, which Rwanda allegedly exports illegally to EU member states. She made this appeal during an extraordinary session of the Africa-European Union Parliamentary Assembly in Brussels on February 5, 2025. According to Minister Kayikwamba, such action is necessary to prevent the EU from being complicit in the ongoing instability in the eastern Democratic Republic of Congo (DRC), particularly in North… Read More Here

Mining in DRC Economy Tin

DRC Tin Exports Reach $409 Million in First Nine Months of 2024

February 10, 2025February 10, 2025 Constance0 comment

Between January and September 2024, the Democratic Republic of Congo (DRC) generated $409 million from tin concentrate exports, according to a report from the Technical Unit for Coordination and Mining Planning (CTCPM), under the Ministry of Mines. In the third quarter of 2024, industrial mining dominated tin concentrate exports, accounting for 65% of total shipments and generating approximately $178.4 million. This reflects strong international demand for tin. Artisanal tin concentrate exports during this period originated primarily from Haut-Lomami (48%), followed by Maniema (26%), South Kivu (17%), Tanganyika (6%), and North… Read More Here

Mining in DRC Regional conflict

CCID Urges UN to Ensure Transparency in Rwanda’s Mineral Trade and Calls for Ceasefire in DRC

February 10, 2025February 10, 2025 Constance0 comment

The International Chamber of Commerce and Development (CCID) has urged the United Nations to enhance transparency in the transfer of raw materials from Rwanda. Speaking at the 37th special session of the Human Rights Council in Geneva on February 7, 2025, CCID emphasized the need for greater oversight to prevent crimes associated with mineral exploitation in the region. The organization stressed that improving transparency would facilitate legal action against those responsible for resource looting and related human rights violations. “A concerted effort is needed to regulate the transfer of raw… Read More Here

Mining in DRC Events & Expos

DRC Mines Minister Condemns Rwanda’s Resource Plundering at Indaba 2025

February 9, 2025February 9, 2025 Constance0 comment

Democratic Republic of Congo (DRC) Minister of Mines, Kizito Pakabomba, has denounced the systematic exploitation of the country’s mineral resources by Rwanda under the cover of the M23-AFC rebel group. Speaking on Sunday, February 2, at the annual Mining Indaba conference in Cape Town, South Africa, Pakabomba condemned Rwanda’s actions as an outright aggression against the DRC. “From the Indaba in Cape Town, we strongly denounce the plundering of our mineral resources by Rwanda, which is waging an unacceptable aggression against our country. Supporting collaboration between African nations also means… Read More Here

Mining in DRC Artisanal mining

Civil Society Condemns Large-Scale Illegal Mining by Chinese Firms in Ituri

February 9, 2025February 9, 2025 Constance0 comment

Civil society in Ituri province, northeastern Democratic Republic of Congo (DRC), has condemned the large-scale illegal exploitation of minerals by Chinese companies operating in Mambasa territory. In an interview on Monday, February 3, 2025, Dieudonné Lossa Dhekana, a civil society coordinator, criticized the illicit activities and highlighted the violation of Congolese mining laws. According to Dhekana, these Chinese firms exploit minerals through cooperatives—an approach that contradicts Congolese law, which prohibits foreign entities from operating through such structures. He expressed concern over the scale of the exploitation and the lack of… Read More Here

Mining in DRC Events & Expos Governance

Prime Minister Judith Suminwa Urges Responsible Mining at African Mining Indaba

February 6, 2025February 6, 2025 Constance0 comment

On Monday, January 3, Judith Suminwa, the head of the Congolese government, participated in the opening of the 31st edition of the Investing in African Mining Indaba, held virtually from Cape Town, South Africa. This year’s forum, with the theme “Preparing the Future of the Mining Industry Today,” brought together industry leaders and stakeholders from across the globe. In her address, Prime Minister Suminwa emphasized the importance of responsible mining, stating, “Mining must be a lever for sustainable development, not a burden for future generations.” She urged African leaders to… Read More Here

Mining in DRC Events & Expos Governance

DRC Prime Minister Calls for Global Action Against Illicit Mineral Exploitation

February 6, 2025February 6, 2025 Constance0 comment

At the 31st edition of the Investing in African Mining Indaba, held on February 3, 2025, Democratic Republic of Congo (DRC) Prime Minister Judith Suminwa Tuluka condemned the international community’s inaction in curbing the looting of Congolese mining resources, which continues to fuel armed conflicts in the country’s east. As Africa’s top copper producer and the world’s leading supplier of cobalt, the DRC plays a vital role in the global energy transition. However, rampant illegal mining strips the country of crucial revenues while exacerbating regional instability. The situation in the… Read More Here