Mining in DRC - Copperbelt Katanga Mining

DRC Losing $7.5 Billion Annually to Illegal Artisanal Gold Exports

May 25, 2026May 25, 2026 Constance0 comment

DR Congo Faces Massive Gold Smuggling Crisis as Illegal Exports Drain Billions from Economy The Democratic Republic of Congo (DRC) continues to suffer massive financial losses from the illegal export of artisanal gold, with authorities estimating that nearly 50 tonnes of gold are smuggled out of the country each year. According to DRC Gold Trading SA, the illicit trade is costing the national economy an estimated US$7.5 billion annually. The figures were revealed by the company’s Director General, Joseph M. Kazibaziba, in a video shared on the company’s X account,… Read More Here

Mining in DRC Governance

Lualaba Governor Calls for Economic Transformation at KBM 2026 in Kolwezi

May 23, 2026May 23, 2026 Constance0 comment

Lualaba Governor Fifi Masuka Urges Shift from Raw Mineral Exports to Local Industrialisation at KBM 2026 At the opening of the 7th edition of the Katanga Business Meeting (KBM 2026), held on 20 May in Kolwezi, Governor Fifi Masuka of Lualaba Province called for a structural transformation of the Democratic Republic of Congo’s economic model. The event, which brought together investors, mining companies, and development partners under the theme “Investing in a sustainable future for a winning Africa,” focused on the need to move beyond an extractive economy reliant on… Read More Here

Mining in DRC Copper Corporate News

KCC Inaugurates One-Stop Shop and Customs Office to Modernise Mining Administration in the DRC

May 23, 2026May 23, 2026 Constance0 comment

Kamoto Copper Company Launches One-Stop Customs Facility to Streamline Mining Operations in the Democratic Republic of Congo On 19 May, Kamoto Copper Company (KCC), a joint venture between Glencore, Gécamines, and the Government of the Democratic Republic of Congo, officially inaugurated a new one-stop shop and customs office aimed at modernising and streamlining administrative processes in the country’s mining sector. The launch event brought together government officials, technical institutions, and industry stakeholders, underscoring growing efforts to improve transparency, efficiency, and governance within the Democratic Republic of Congo’s (DRC) mining industry.… Read More Here

Mining in DRC Economy

Equity Group Posts 24% Profit Growth as Regional Subsidiaries Become Core Earnings Driver

May 23, 2026May 23, 2026 Constance0 comment

Equity Group Holdings Q1 2026 Profit Rises 24% as African Subsidiaries Contribute Majority of Earnings Equity Group Holdings posted a 24% increase in profit after tax to KSh 19.1 billion (approximately CDF 556.4 billion) for the first quarter of 2026. The performance was driven largely by strong growth across its regional subsidiaries outside Kenya, marking a structural shift in the Group’s earnings base. The Nairobi-listed banking group, which operates in six African countries, also recorded a 16% expansion in its balance sheet to KSh 2.04 trillion (CDF 59.4 trillion). Growth… Read More Here

Mining in DRC Gold Mining safety Safety & Health

Barrick Tightens Ebola Safety Measures at Kibali Gold Mine Amid Deadly Congo Outbreak

May 22, 2026May 22, 2026 Constance0 comment

Barrick Increases Ebola Screening at Kibali Mine as Congo Outbreak Death Toll Reaches 131 Barrick Mining has intensified Ebola prevention measures at its Kibali Gold Mine in eastern Democratic Republic of Congo (DRC) following a deadly outbreak in a neighbouring province. The company confirmed that no Ebola cases have been detected among workers at the mine. However, Barrick has introduced enhanced screening and monitoring procedures as a precautionary response to the outbreak, which has already claimed 131 lives, according to health officials. Ebola, a highly infectious virus transmitted through bodily… Read More Here

Mining in DRC

DRC Prime Minister Urged to Take Immediate Action Over Alleged Pollution and Health Damage Linked to Ruashi Mining

May 20, 2026May 20, 2026 Constance0 comment

Investigation Urges DRC Government to Act Over Environmental and Health Impacts of Ruashi Mining in Lualaba An investigation into the activities of Ruashi Mining has called on Democratic Republic of Congo Prime Minister Judith Suminwa to take urgent action over alleged environmental pollution and public health damage affecting communities in Kolwezi, the capital of Lualaba province. The report describes a worsening environmental situation in the Biashara neighborhood, where residents have raised concerns about chemical emissions, air pollution, and the impact of mining operations on public health and local infrastructure. According… Read More Here

Mining in DRC Copper Economy

Kibara Minerals to Export 9 Tonnes of Copper from DRC’s Tshopo Province to Hong Kong

May 20, 2026May 20, 2026 Constance

DRC’s Kibara Minerals Plans Export of 9 Tonnes of Copper from Tshopo to Hong Kong Nine tonnes of copper produced in Lubutu, located in the Tshopo Province of the Democratic Republic of Congo (DRC), are set to be exported to Hong Kong following completion of legal and tax procedures, according to a statement attributed to mining company Kibara Minerals. Company representative Johnny Makundo said the shipment will proceed once all regulatory requirements are fulfilled, including payment of duties to the provincial treasury. “We plan to export nine tonnes of copper… Read More Here

Mining in DRC Battery Metals Cobalt Economy

MMG Calls for Clarity on DRC’s Cobalt Export Quotas After Receiving Low Allocation

May 17, 2026May 17, 2026 Constance

MMG Seeks Policy Transparency as Congo Tightens Control Over Cobalt Exports China’s MMG Limited is seeking greater clarity on the Democratic Republic of Congo’s cobalt export policy after receiving what it described as a disappointing production quota, raising broader concerns about how the country’s new restrictions are being implemented. The Democratic Republic of Congo (DRC), the world’s leading producer of cobalt a critical mineral used in electric vehicle batteries first suspended cobalt exports in February 2025 to reduce global oversupply and increase the value derived from its mineral resources. In… Read More Here

Mining in DRC Economy News in Brief

DRC Reports Over 1,000 kg of Germanium Hydroxide Output in 2025 Amid Highly Volatile Production

May 15, 2026May 15, 2026 Constance

DRC germanium hydroxide production reaches 1,068 kg in 2025 with sharp volatility and export volumes The Democratic Republic of Congo (DRC) produced 1,068.07 kilograms of germanium hydroxide in 2025, according to data from the Technical Unit for Mining Coordination and Planning (CTCPM) under the Ministry of Mines. During the same period, the country exported 1,079.87 kilograms of the material, indicating that nearly all recorded production was shipped abroad. The CTCPM notes that germanium hydroxide production in 2025 was highly unstable, following a pronounced “sawtooth” pattern marked by sharp fluctuations. The… Read More Here

Mining in DRC

DRC Mining Cadastre Reports Strong Revenue Growth and Advances in Mining Title Reforms

May 15, 2026May 15, 2026 Constance

CAMI reports rising state revenues and major land recovery in DRC mining sector reform drive The Mining Cadastre (CAMI) presented its management report to members of the Senate’s ECOFIN and Good Governance Committee during a session held on May 8 in Kinshasa. The delegation, led by Board Chairman Crispin Mbindule Mitono and Director General Popol Mabolia Yenga, outlined recent institutional performance, governance improvements, and progress in managing mining titles and associated state revenues in the Democratic Republic of Congo. A key highlight of the presentation was the increase in revenue… Read More Here