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Category: Mining in DRC

DRC Exports Over One Tonne of Artisanal Gold in First Half of 2025 1 Mining in DRC Artisanal mining Economy Gold 

DRC Exports Over One Tonne of Artisanal Gold in First Half of 2025

Constance
DRC Gold Trading SA Reports 1,057 kg of Legal Artisanal Gold Exports Worth €97 Million Between January and June 2025, the Democratic Republic of Congo (DRC) legally exported a total of 1,057.88 kilograms of artisanal gold, according to statistical data published by DRC Gold Trading SA on its official X (formerly Twitter) account in July 2025. The company emphasized that these figures demonstrate the viability of selling Congolese gold through legal, traceable, and profitable channels. “With just over one tonne of artisanal gold exported in the first half of 2025,… Read More Here
KCC Denies Reports of Selling Three Artisanal Mining Sites in Lualaba Province 2 Mining in DRC Copper Corporate News 

KCC Denies Reports of Selling Three Artisanal Mining Sites in Lualaba Province

Constance
Kamoto Copper Company Refutes Claims of Selling Lualaba Artisanal Mining Sites In a press release issued on Thursday, August 7, 2025, Kamoto Copper Company (KCC) firmly denied allegations that it intends to sell its three artisanal mining sites in Lualaba Province. “KCC has made no such commitment,” the company stated, underscoring its importance as an employer, community partner, and taxpayer in the province. “We intend to continue playing our role to the fullest by operating all of our mining permits,” the statement added. KCC clarified that during the renewal of… Read More Here
DRC Lawmakers Inspect MMG Kinsevere Mine to Review Community and Environmental Compliance 3 Mining in DRC Corporate News 

DRC Lawmakers Inspect MMG Kinsevere Mine to Review Community and Environmental Compliance

Constance
DRC Parliament Oversight Mission Evaluates MMG Kinsevere Mining Operations and Community Projects A delegation of national deputies from the Standing Committee on Environment, Tourism, Natural Resources, and Sustainable Development of the National Assembly conducted an inspection visit on Thursday last week to the Kinsevere mining site in Lualaba Province, operated by MMG. The visit was part of a broader oversight mission to monitor mining sites across Lualaba and Haut-Katanga. Led by Honorable Bokele Djema Adrien, the eleven-member parliamentary team assessed the company’s compliance with its legal obligations under the Mining… Read More Here
DRC Recovers 594 Mining Titles and 31,648 km² of Territory in Major Sector Cleanup 4 Mining in DRC 

DRC Recovers 594 Mining Titles and 31,648 km² of Territory in Major Sector Cleanup

Constance
DR Congo Mining Registry Reform Recovers Massive Land and Titles, Boosting Transparency On Monday, August 4, 2025, the Democratic Republic of Congo’s Ministry of Mines received a landmark report from the Congolese Mining Registry (CAMI), led by its Director General, Popol Yenga Mabolia. The document confirms the successful cleanup of the national mining registry database. Key achievements outlined in the report include: Recovery of 594 mining titles by the Congolese State. Regularization of 210 mining rights previously suspended due to prolonged force majeure situations. Reclamation of 31,648 km² of mining… Read More Here
DRC Signs Deal with BGN Intl to Revolutionize Mineral Supply Chain 5 Mining in DRC 

DRC Signs Deal with BGN Intl to Revolutionize Mineral Supply Chain

Constance
DRC Partners with BGN Intl to Transform Mineral Trade, Promote Transparency, and Drive Local Development The Democratic Republic of Congo (DRC) has signed a landmark agreement this week with BGN International, the American arm of a global energy giant. This pioneering deal creates a one-stop platform for commercial and government buyers of DRC’s rich mineral resources, aiming to streamline extraction, sales, and supply chain governance. The DRC government emphasizes that the agreement will enhance the management of mining products through end-to-end monitoring and support artisanal miners by promoting fair-trade principles… Read More Here
Engineer and Industry Veteran Louis Watum Kabamba Appointed DRC Minister of Mines 6 Mining in DRC Mining Personality 

Engineer and Industry Veteran Louis Watum Kabamba Appointed DRC Minister of Mines

Constance
From Engineer to Minister: Louis Watum Kabamba Takes Charge of DRC’s Strategic Mining Sector Louis Watum Kabamba has been appointed Minister of Mines of the Democratic Republic of Congo (DRC), replacing Kizito Pakabomba in the newly formed Suminwa II government. An engineer by training, a politician by choice, and a seasoned manager with over two decades in the mining industry, Watum brings a wealth of expertise to one of the country’s most strategic portfolios. READ ALSO:Kizito Pakabomba Bids Farewell as DRC Minister of Mines Born on March 22, 1962, in… Read More Here
Kizito Pakabomba Bids Farewell as DRC Minister of Mines 7 Mining in DRC Mining Personality 

Kizito Pakabomba Bids Farewell as DRC Minister of Mines

Constance
Former DRC Minister of Mines, Kizito Pakabomba, thanks President Félix Tshisekedi and PM Judith Suminwa as he hands over to Louis Watum, who will lead the strategic mining sector. Following the announcement of the Suminwa II government on Thursday, August 7, 2025, Kizito Pakabomba officially stepped down from his role as Minister of Mines in the Democratic Republic of Congo (DRC). In a message posted on his X account (formerly Twitter) this Friday, August 8, 2025, the outgoing minister expressed his “deep gratitude” to President Félix Tshisekedi and Prime Minister… Read More Here
Glencore Warns of Cobalt Stockpile Build-Up Amid Prolonged DRC Export Ban 8 Mining in DRC Battery Metals Cobalt Economy 

Glencore Warns of Cobalt Stockpile Build-Up Amid Prolonged DRC Export Ban

Constance
Glencore May Be Unable to Sell Cobalt in 2025 Due to Congo Export Ban Glencore (LON: GLEN), the world’s second-largest cobalt producer, issued a warning on Wednesday that a substantial portion of its cobalt output may remain unsold by the end of 2025, citing ongoing export restrictions in the Democratic Republic of Congo (DRC). The DRC, which produces the majority of the world’s cobalt, imposed a four-month export ban in February 2025 after prices plunged to a nine-year low. In June, the Congolese government extended the ban by an additional… Read More Here
DRC Projects 5.3% Economic Growth in 2025 Amid Easing Inflation and Structural Reforms 9 Mining in DRC Economy 

DRC Projects 5.3% Economic Growth in 2025 Amid Easing Inflation and Structural Reforms

Constance
DRC Forecasts Slower but Steady Growth at 5.3% in 2025, Inflation Falls Sharply from 2024 Levels The economy of the Democratic Republic of Congo (DRC) is projected to grow by 5.3% in 2025, down from an estimated 6.5% in 2024, according to the latest forecasts released by the Central Bank of Congo (BCC). , While this marks a modest slowdown compared to recent years, the extractive industries continue to play a dominant role as the primary engine of national economic expansion. On the inflation front, the DRC is showing encouraging… Read More Here
DRC Court of Auditors Reveals Turnover Underreporting by Mining Companies 10 Mining in DRC 

DRC Court of Auditors Reveals Turnover Underreporting by Mining Companies

Constance
Court of Auditors Uncovers Major Irregularities in Mining Sector’s Community Development Fund Contributions (2018–2023) As part of its 2024 annual work program, the Court of Auditors conducted a comprehensive audit of the management of the mandatory contribution equal to a minimum of 0.3% of turnover for community development projects in the mining sector, covering the period from 2018 to 2023. This compulsory levy, established under Article 258 bis of the Mining Code, requires mining companies in the production phase to allocate at least 0.3% of their turnover toward community development… Read More Here

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