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Category: Mining in DRC

Glencore Reaffirms Commitment to Human Rights and Tackles Child Labor in the DRC 1 Mining in DRC Corporate News 

Glencore Reaffirms Commitment to Human Rights and Tackles Child Labor in the DRC

Constance
In a press release issued earlier this week, Anglo-Swiss commodities giant Glencore reaffirmed its commitment to the United Nations Guiding Principles on Business and Human Rights. The company also reiterated its support for the Universal Declaration of Human Rights and the International Labour Organization’s (ILO) Declaration on Fundamental Principles and Rights at Work. This commitment is reflected in Glencore’s community initiatives in Kolwezi, located in Lualaba Province, Democratic Republic of Congo (DRC), where the company is working to improve access to quality education for local children. “Glencore takes a zero-tolerance… Read More Here
AVZ Minerals Resumes Arbitration Against DRC Over Manono Lithium Permit 2 Lithium Battery Metals Corporate News Mining in DRC 

AVZ Minerals Resumes Arbitration Against DRC Over Manono Lithium Permit

Constance
AVZ Minerals Limited (AVZ or the Company) has confirmed the resumption of arbitration proceedings before the International Centre for Settlement of Investment Disputes (ICSID). The proceedings were initiated by the Company’s subsidiaries—AVZ International Pty Ltd (AVZI), Green Lithium Holdings Pte Ltd (GLH), and Dathcom Mining SA (Dathcom)—against the Democratic Republic of Congo (DRC). The dispute centers on the DRC’s failure to grant a mining exploitation permit (Permis d’Exploitation or PE) to Dathcom for the area covered under Permit PR 13359 (ICSID Case No. ARB/23/20). As previously announced on 26 May… Read More Here
EU Strengthens Support for Responsible Mining and Geological Development in the DRC 3 Mining in DRC Battery Metals Cobalt Exploration 

EU Strengthens Support for Responsible Mining and Geological Development in the DRC

Constance
The European Union has unveiled new financial support for the Democratic Republic of Congo’s (DRC) mining sector, launching two key initiatives aimed at fostering responsible mineral value chains and enhancing the country’s geological data infrastructure. The first initiative involves the EU’s backing of the Cobalt for Development project. This program is being implemented by the German development agency GIZ in collaboration with the Congolese state-owned enterprise, Entreprise Générale du Cobalt. Starting with pilot sites, the project seeks to improve social and environmental conditions in the artisanal cobalt mining sector. The… Read More Here
$1.5 Billion Energy Corridor to Link Angola and DR Congo 4 Mining in DRC Angola Electricity 

$1.5 Billion Energy Corridor to Link Angola and DR Congo

Constance
Energy companies Mitrelli (Israel) and Hydro-Link (USA) signed a landmark $1.5 billion agreement on Monday to construct a power transmission line capable of transporting 1,200 megawatts (MW) of electricity from Angola to the Democratic Republic of Congo (DRC). The deal was signed during the 17th U.S.-Africa Business Summit and includes plans to establish Special Economic Zones (SEZs) along the route, integrated with the Lobito Railway Corridor. According to the companies, the initiative aims to promote industrialization and boost local economies along the corridor. Mitrelli emphasized the project’s strategic significance, stating… Read More Here
Global Cobalt Market Jolted by Congo’s Surprise Export Ban Extension 5 Mining in DRC Battery Metals Cobalt 

Global Cobalt Market Jolted by Congo’s Surprise Export Ban Extension

Constance
Cobalt futures in China soared on Monday to levels not seen since mid-March, following the Democratic Republic of Congo’s decision to extend its ban on cobalt concentrate exports. Initially implemented in February, the ban has now been prolonged by another three months, significantly disrupting global supply. As the source of over 80% of the world’s cobalt—a key component in electric vehicle (EV) batteries—the DRC’s move is expected to remove more than 100,000 tonnes of cobalt from the global market over a seven-month span, according to industry estimates. Futures contracts for… Read More Here
Lucapa 171 carat diamond Diamond Corporate News Mining in DRC 

SACIM Faces Crisis Amid Marketing Restrictions and Financial Strain

Constance
The 48th Ordinary Meeting of the Council of Ministers, held on Friday, June 20, 2025, in Kinshasa, reviewed a report from the Minister of Mines evaluating the operational, managerial, and social conditions of the Anhui Congo Mining Investment Company (SACIM). The report also outlined supervisory measures aimed at reviving the struggling diamond mining firm. SACIM, located in Miabi in the Kasai Oriental province, is facing a severe crisis threatening its viability, despite maintaining a monthly diamond production of approximately 250,000 carats. The company’s difficulties are largely attributed to outdated regulatory… Read More Here
DRC Extends Cobalt Export Ban Amid Global Supply Squeeze and Rising Prices 6 Mining in DRC Battery Metals Cobalt 

DRC Extends Cobalt Export Ban Amid Global Supply Squeeze and Rising Prices

Constance
The Strategic Minerals Market Regulatory and Control Authority (ARECOMS) has announced a three-month extension of the temporary suspension on cobalt exports from the Democratic Republic of Congo (DRC). The renewed measure, effective from June 21, 2025, was made public via a press release issued on Saturday, June 21. According to the ARECOMS Board of Directors, led by Patrick Mpoyi Luabeya, the decision stems from continued oversupply in the market. The suspension applies to all cobalt produced across the country—whether sourced from industrial, semi-industrial, artisanal, or small-scale mining operations. This extension… Read More Here
U.S. Signals Strategic Shift in Africa at DRC Mining Week 7 Mining in DRC 

U.S. Signals Strategic Shift in Africa at DRC Mining Week

Constance
Before an audience of investors and policymakers at DRC Mining Week 2025, U.S. Ambassador to the Democratic Republic of Congo, Lucy Tamlyn, delivered a forthright and strategic address outlining Washington’s renewed economic ambitions in the DRC and Central Africa. Speaking from Lubumbashi, the heart of the country’s copper belt, Ambassador Tamlyn made it clear: the United States no longer intends to remain a bystander in the global race for strategic resources. “For too long, we have been on the back foot,” she declared. “We’re beginning to recognize how uncompetitive we’ve… Read More Here
CAMI Chief Urges Cross-Border Geological Collaboration 8 Mining in DRC Events & Expos 

CAMI Chief Urges Cross-Border Geological Collaboration

Constance
In response to the lack of coordination among African nations regarding geological data, Popol Mabolia Yenga, Director General of the Mining Cadastre (CAMI) in the Democratic Republic of Congo (DRC), has called for a regional research initiative aimed at preventing disputes over the origin of mineral resources. Speaking during the panel discussion “Roadmap for the Mining Industry: Shaping the Future of Mining in the DRC,” held as part of DRC Mining Week 2025 in Lubumbashi, Mabolia emphasized the shortcomings of the current nation-by-nation approach to mapping Africa’s subsoil. “We face… Read More Here
Pascal Agboyibor Appointed to Lead Legal Oversight in DRC–US Critical Minerals Partnership 9 Mining in DRC 

Pascal Agboyibor Appointed to Lead Legal Oversight in DRC–US Critical Minerals Partnership

Constance
Franco-Togolese business lawyer Pascal Agboyibor has been appointed as a key member of the Democratic Republic of Congo’s (DRC) strategic coordination unit tasked with managing mining partnership negotiations with the United States. His appointment was formalized on May 12, 2025, by Decision No. 25/020, which established the unit to oversee implementation of the bilateral critical minerals agreement. The coordination unit is composed of three components: a management team, a technical secretariat, and a panel of experts. Agboyibor is the only lawyer appointed to the management team, joining high-ranking officials such… Read More Here

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