Mining in DRC - Copperbelt Katanga Mining

DRC Launches Crackdown on Illegal Mining Activities in Kolwezi to Protect National Resources 1

DRC’s National Commission Intensifies Fight Against Illegal Mining and Unauthorized Operators in Kolwezi An official mission from the National Commission for the Fight against Mining Fraud (CNLFM) has been deployed in Kolwezi, Lualaba Province, to investigate widespread illegal artisanal mining and unauthorized operations by men in uniform and foreigners using heavy machinery on mining company sites. This information was confirmed by local sources in the mining hub on July 31, 2025. According to reports, heavy machinery was found operating illegally within protected areas on the Metalkol site. These discoveries highlight… Read More Here

Mining in DRC Economy

DRC Prioritizes Local Entrepreneurs in Economic Strategy During Angola Visit

August 3, 2025August 3, 2025 Constance

DRC Champions Local Entrepreneurs as Catalysts for Economic Growth The Government of the Democratic Republic of Congo (DRC) is intensifying its efforts to make local entrepreneurs the cornerstone of its national economic strategy. During an official visit to Angola, on Tuesday, July 29, 2025, Deputy Prime Minister for the Economy, Daniel Mukoko Samba, reaffirmed the government’s commitment to empowering the Congolese private sector as a key player in the country’s development trajectory. “For the DRC, the best way to access the Congolese market is through local entrepreneurs,” said Mukoko Samba… Read More Here

Mining in DRC

DRC Leads Push for Stronger Regional Controls on Illegal Mining at ICGLR Ministerial Summit

August 3, 2025August 3, 2025 Constance

DRC Hosts ICGLR Mining Summit, Calls for Stronger Regional Action Against Illegal Mineral Trade The Democratic Republic of Congo (DRC) hosted the 8th Ordinary Meeting of Ministers in charge of Mines from member states of the International Conference on the Great Lakes Region (ICGLR) on July 31, 2025, in Kinshasa. Held at the Hilton Hotel, the high-level summit brought together regional mining leaders to address the dual nature of mineral resources as both a catalyst for development and a driver of conflict when exploited illegally. At the center of the… Read More Here

Mining in DRC Energy

DRC Launches Strategic Overhaul of Hydrocarbon Law to Boost Investment and Energy Sovereignty

August 3, 2025August 3, 2025 Constance

DRC Begins Revision of Outdated Hydrocarbon Law to Attract Investors and Align with Energy Transition Goals The Minister of Hydrocarbons, Aimé Sakombi Molendo, officially launched a strategic workshop on Thursday, July 31, 2025, to revise Law No. 15/012 of August 1, 2015, which governs the Democratic Republic of Congo’s hydrocarbon sector. The event took place at the Rotana Hotel in Kinshasa/Gombe, attended by lawmakers, government officials, industry experts, and sector partners. Now ten years old, the current hydrocarbon law is widely viewed as outdated and inadequate in addressing the sector’s… Read More Here

Mining in DRC

DRC and Rwanda Launch Joint Monitoring Committee to Oversee Peace Agreement Implementation

August 3, 2025August 3, 2025 Constance

DRC and Rwanda Hold First Joint Monitoring Committee Meeting to Advance 2025 Peace Agreement The Democratic Republic of Congo (DRC) and the Republic of Rwanda convened the inaugural session of the Joint Monitoring Committee on Thursday, July 31, 2025, in Kinshasa, marking a critical step in implementing the Peace Agreement signed on June 27, 2025, in Washington, D.C. Also in attendance were representatives from the United States, Qatar, Togo—acting as the official facilitator appointed by the African Union—and the African Union Commission, all of whom played key roles in brokering… Read More Here

Mining in DRC

Ventora Group Challenges “Congo Is Not for Sale” Report on Mutanda Mine Over Factual Inaccuracies

August 3, 2025August 3, 2025 Constance

Ventora Group Refutes CNPAV Report on Mutanda Mine, Citing Inaccuracies and Omitted Evidence The Ventora Group has publicly rejected the findings of a recent report released by the “Congo Is Not for Sale” (CNPAV) coalition, which scrutinizes the sale of the Mutanda mining project in the Democratic Republic of Congo (DRC). In a press release dated August 1, 2025, Ventora criticized the report’s credibility, citing “serious factual inaccuracies” and “methodological flaws.” “We categorically reject its conclusions and are concerned about its lack of rigor and transparency,” the group stated. Ventora… Read More Here

Mining in DRC

DRC Entered Africa’s Top 10 Mining Jurisdictions for the First Time in 2024

August 3, 2025August 5, 2025 Constance

DRC Ranked Among Africa’s Top 10 Most Attractive Mining Destinations in 2024 Fraser Institute Report The Democratic Republic of Congo (DRC) has entered the list of Africa’s top 10 most attractive mining jurisdictions, according to the 2024 Fraser Institute rankings. While the DRC is positioned at the bottom of the regional top 10, its inclusion marks a notable shift in investor perception within the continent’s mining sector. However, Morocco emerged as the most attractive mining destination in Africa, ranking 18th globally out of 82 jurisdictions assessed. The North African nation—Africa’s… Read More Here

Mining in DRC Corporate News

Ivanhoe Mines Delivers Strong Q2 Results Amid Operational Resilience Across Key Projects

July 31, 2025July 31, 2025 Constance

Ivanhoe Mines Posts $35M Q2 Profit, Highlights Progress at Kamoa-Kakula, Platreef, and Kipushi Operations Ivanhoe Mines has reported a second-quarter profit of $35 million, alongside adjusted EBITDA of $123 million. This includes $128 million in attributable EBITDA from the Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC). Kamoa-Kakula produced 112,009 tonnes of copper during the quarter. The Phase 1 and 2 concentrators operated at 85% of their design capacity, while the newly commissioned Phase 3 concentrator exceeded expectations, running at 30% above its design capacity. Operations at the… Read More Here

Mining in DRC Economy Governance

President Tshisekedi Calls for Review of Tax Clearance Measures to Support Economic Growth

July 29, 2025July 29, 2025 Constance

DRC President Tshisekedi Orders Reassessment of Tax Clearance Rules Amid Economic Concerns Amid growing concerns from business leaders over tax clearance requirements affecting commercial and administrative operations, President Félix Tshisekedi has called for a comprehensive review of these measures. His directive came during the 52nd ordinary session of the Council of Ministers. The 2025 Finance Act and its implementing decree of April 9 introduced mandatory tax clearance certificates for a wide range of activities. These include inter-company payments, opening bank accounts for non-residents, and acquiring administrative documents for expatriates. However,… Read More Here

Mining in DRC Economy Governance

Investor Confidence Grows as Standard Bank Endorses DRC’s Development Agenda

July 29, 2025July 29, 2025 Constance

Standard Bank Pledges Investment in DRC Infrastructure Projects Despite Ongoing Security Crisis Investor confidence in the Democratic Republic of Congo (DRC) continues to rise, fueled by President Félix Tshisekedi’s clear development vision. This momentum was further demonstrated on Thursday, July 24, 2025, when Prime Minister Judith Suminwa welcomed a high-level delegation from the Standard Bank Group, led by Lungisa Fuzile, Chief Executive for the Africa Region. The visit aimed to showcase the banking giant’s interest in partnering on key national development projects, despite challenges in the region. “We are here,… Read More Here