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Category: Mining in DRC

DRC-Africa Battery Metals Forum announces strong advisory board for key industry insights 1 Sponsored Content Events & Expos Mining in DRC 

DRC-Africa Battery Metals Forum announces strong advisory board for key industry insights

Constance
“A passionate, experienced and industry-led team” The organisers of the DRC-Africa Battery Metals Forum have announced the members of this year’s advisory board for the event that is heading for Kolwezi from 29 to 30 September. By driving localisation, beneficiation and industrialisation, the third edition of DRC-Africa Battery Metals Forum will connect stakeholders, such as global investors, manufacturers and strategic development partners, to unlock investment, advance local processing and accelerate the DRC’s transition from mineral exporter and capitalise on the next frontier of economic growth through industrialisation. “We’re very honoured… Read More Here
New DRC Mines Minister Louis Watum Strengthens Ties with China 2 Mining in DRC Governance Mining Personality 

New DRC Mines Minister Louis Watum Strengthens Ties with China

Constance
DRC’s New Mines Minister Louis Watum Meets Chinese Ambassador to Bolster Mining Cooperation Louis Watum Kabamba, newly appointed Minister of Mines in the Suminwa II government, officially took office on Wednesday, August 13, 2025, succeeding Kizito Pakabomba. The following day, he held a strategic meeting in Kinshasa with Zhao Bin, Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to the Democratic Republic of Congo (DRC). The encounter highlighted China’s pivotal role as one of the DRC’s leading partners in the mining sector. In a statement shared on his… Read More Here
KoBold Metals to Acquire 17,000 Mining Concessions in DRC Lithium Push 3 Corporate News Battery Metals Lithium Mining in DRC 

KoBold Metals to Acquire 17,000 Mining Concessions in DRC Lithium Push

Constance
Backed by Gates and Bezos, KoBold Metals Targets DRC Lithium in $1B Exploration Deal KoBold Metals, a U.S.-based mining company backed by billionaires Bill Gates and Jeff Bezos, is preparing to acquire nearly 17,000 mining concessions in the Democratic Republic of Congo (DRC) as part of an ambitious large-scale exploration program. The company uses advanced artificial intelligence and data-driven technology to identify deposits of critical minerals used in electric vehicle (EV) batteries. On July 17, 2025, KoBold signed an agreement in principle with the Congolese government in a ceremony attended… Read More Here
U.S. Sanctions Armed Groups Exploiting Critical Minerals in Eastern DRC 4 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 5 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 6 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 7 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 8 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 9 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 10 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

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