Category: Mining in DRC

DRC’s New Deals with American Mining Firms Could Mirror Chinese “Minerals-for-Infrastructure” Failures, Oakland Institute Warns The Oakland Institute, a think tank advocating for fair debate on social, economic, and environmental issues, has issued a report cautioning about the long-term impacts of agreements between the Democratic Republic of Congo (DRC) and American companies. The warning follows the so-called Washington Agreement, signed on June 27, 2025, between the DRC and Rwanda, which serves as a backdrop for new U.S. investments in Congolese mining. The report compares these agreements to past arrangements between… Read More Here

Louis Kabamba Watum Showcases DRC’s Mining Ambitions at U.S.-DRC Economic Forum in Washington The Democratic Republic of Congo (DRC) made a strong impression in Washington during the U.S.-DRC Economic Forum, where Minister of Mines Louis Kabamba Watum led a series of high-level meetings with major American industrial and financial stakeholders. The discussions underscored Kinshasa’s determination to attract investment for local mineral processing and to strengthen partnerships supporting the country’s economic diversification. Officially opened by Prime Minister Judith Suminwa Tuluka, the forum brought together investors, financial institutions, and senior government officials… Read More Here

Louis Watum Clarifies the Definition of Development and Construction Works in the DRC Mining Sector On September 8, 2025, the Minister of Mines, Louis Watum Kabamba, signed a decree specifying the types of activities considered as “development and construction works” under mining exploitation rights and permanent quarry operation permits in the Democratic Republic of Congo. Until now, the Mining Code and its Regulations required mining and quarry rights holders to prove the start of operations within specific time limits — one year for exploration permits and one to three years… Read More Here