Mining in DRC - Copperbelt Katanga Mining

Kobold Metals to Invest in AI-Powered Exploration Under New Deal with DRC

July 18, 2025July 18, 2025 Constance

DR Congo Signs Strategic Mining Deal with U.S. based Company Kobold Metals to Boost Lithium Exploration and AI-Driven Geological Mapping On Thursday, at the African Union City in Kinshasa, Democratic Republic of the Congo (DRC) President Félix Tshisekedi presided over the signing of a major agreement between the Congolese government and U.S.-based company Kobold Metals. The agreement marks a significant step toward American investment in the country’s mining sector. The document was signed by Congolese Minister of Mines, Kizito Pakabomba, and Benjamin Katabuka, the Managing Director of Kobold Metals in… Read More Here

Mining in DRC Battery Metals Technology & Innovation

Dr. Sandrine Mubenga’s Groundbreaking Patent Puts the DRC on the Global Tech Map

July 16, 2025July 16, 2025 Constance

DRC’s Dr. Sandrine Mubenga Unveils Revolutionary Battery Patent Recognized by the U.S. Patent Office On Tuesday, July 8, 2025, the United States Patent and Trademark Office (USPTO) officially published a groundbreaking patent filed by Dr. Sandrine Ngalula Mubenga, a professor of electrical engineering at the University of Toledo (USA) and Director General of the Electricity Regulatory Agency (ARE) in the Democratic Republic of Congo (DRC). “This marks a major milestone,” Dr. Mubenga stated. “The USPTO has officially published my patent. The tools and software I’ve developed will revolutionize the battery… Read More Here

Mining in DRC Oil & Gas Petroleum

DRC and Tanzania Deepen Energy Ties with New Joint Committee on Oil and Gas

July 15, 2025July 15, 2025 Constance

DRC and Tanzania Strengthen Oil and Gas Cooperation with Joint Technical Committee and Updated MoU The Democratic Republic of the Congo (DRC) and Tanzania have agreed to establish a joint technical committee to enhance collaboration in the oil and gas sector. The announcement followed a bilateral meeting held on July 8 between Aime Sakombi Molendo, the DRC’s Minister of Hydrocarbons, and Dr. Doto Biteko, Tanzania’s Deputy Prime Minister and Minister of Energy. The newly formed committee will be responsible for updating the Memorandum of Understanding (MoU) originally signed in 2016… Read More Here

Gold Mining in DRC

Gold Prices Rise Slightly as DRC Faces Call to Strengthen Mining Value Chain

July 15, 2025July 15, 2025 Constance

DRC Gold Prices Inch Up 0.35% Amid Global Tensions; Experts Urge Local Refining and Traceability The price of gold—a critical mineral resource for the Democratic Republic of Congo (DRC)—has seen a modest increase on the international market. From July 14 to 19, 2025, the price of one gram of gold rose by 0.35%, reaching $108.60, up from $108.22 the previous week, according to a press release from the National Commission of Mercuriales under the Ministry of Foreign Trade. While the increase may appear minor, experts warn it reflects a more… Read More Here

Mining in DRC Corporate News

Alphamin Accused of Illegal Mining Expansion in North Kivu’s Utunda Region

July 15, 2025July 15, 2025 Constance

Youth in North Kivu Accuse Alphamin of Unauthorized Mining in Utunda Territory Youth leaders from the Utunda group in Walikale territory, North Kivu, have raised serious concerns over alleged unauthorized mining operations by Alphamin Bisie Mining. According to a formal complaint sent to the Minister of Mines, the company is accused of extracting minerals outside its officially designated area for the past two years. The youth committee claims that Alphamin has been operating in the hills of Angoa, Kabombo, Bunjanga, and Buntu—all located within the Utunda group’s jurisdiction—without consultation or… Read More Here

Mining in DRC

Dan Gertler Admits Paying Kabila Associate in Congo Mining Dealings

July 15, 2025July 15, 2025 Constance

Israeli Tycoon Dan Gertler Acknowledges Payments to Kabila Ally in Congo Mining Dispute Israeli businessman Dan Gertler has admitted to making substantial payments to Augustin Katumba Mwanke, a close associate of former Democratic Republic of Congo (DRC) President Joseph Kabila, in connection with his extensive mining operations in the country. The revelations come from an April 2024 arbitration ruling in Israel, obtained by the Platform to Protect Whistleblowers in Africa (PPLAAF) and reviewed by Bloomberg. The arbitration, involving Gertler and fellow Israeli businessmen Moises and Mendi Gertner, outlines for the… Read More Here

Mining in DRC Battery Metals Cobalt

CMOC Delivers Strong Cobalt Growth Amid Congo Export Crackdown

July 15, 2025July 15, 2025 Constance

CMOC Increases Cobalt Output in Congo Amid Export Ban, Projects $1.1B Profit Surge China’s CMOC Group, the world’s largest cobalt producer, reported a strong rise in output from its operations in the Democratic Republic of Congo (DRC), defying an ongoing export ban imposed by the Congolese government. In a preliminary earnings statement released Monday, CMOC announced a 13% year-on-year increase in cobalt production, reaching 61,073 tons in the first half of 2025. This growth occurred despite DRC’s export suspension, which was initially enacted in February and extended through September. Congo,… Read More Here

Mining in DRC Copper

Dowstone Technology to Invest $165 Million in New Copper Smelter in DRC

July 13, 2025July 13, 2025 Constance

Dowstone Technology Plans $165M Copper Smelter in DRC, Boosting China’s Copper Refining Capacity Chinese battery materials firm Dowstone Technology announced on July 3, 2025, its intention to build a state-of-the-art copper smelting facility in the Democratic Republic of Congo (DRC). The planned investment of $165 million aims to create a plant capable of producing 30,000 tons of copper cathodes annually. Construction is expected to span 18 months, pending regulatory approvals from both the DRC and China. This new smelter is poised to further solidify China’s expanding influence in the refined… Read More Here

Mining in DRC Governance

DRC Minister of Foreign Affairs Reports on Washington Peace Agreement Signing

July 13, 2025July 13, 2025 Constance

DR Congo’s Foreign Minister Presents Original Peace Agreement to President Tshisekedi After Washington Signing Returning from Washington, United States, where she signed the Peace Agreement on behalf of the Republic of the Democratic Republic of Congo (DRC), State Minister for Foreign Affairs, Mrs. Thérèse Kayikwamba, along with presidential experts involved in the process, were received on at the Mont Ngaliema Presidential Palace to report on their mission. At the outset, Mrs. Kayikwamba presented the original copy of the Peace Agreement and a letter from her U.S. counterpart, President Donald Trump,… Read More Here

Mining in DRC

North Kivu Launches High-Level Forum to Combat Mining Fraud and Improve Governance

July 13, 2025July 13, 2025 Constance

North Kivu Military Governor Initiates Forum to Tackle Mining Fraud and Enhance Sector Governance Facing widespread mining fraud and smuggling in North Kivu province, military governor Evariste Somo Kakule convened a high-level forum focused on improving governance in the mining sector. The primary objective: to diagnose the challenges clearly and propose practical solutions to ensure the province’s mineral resources no longer slip beyond state control. The forum brought together a diverse group of stakeholders, including members of the provincial government, lawmakers, mining administration officials, economic operators, and representatives from state… Read More Here