Category: Mining in DRC

U.S.-DRC Critical Minerals Summit to Foster American Investment in Copper, Cobalt, and Coltan The Democratic Republic of the Congo (DRC) will take center stage at a high-level international summit on critical minerals this Monday, August 21, 2025, in Washington, D.C., United States. Sponsored by the Congolese firm Sokam Holding Sarl, the summit will focus on the responsible exploitation of copper, coltan, and cobalt—minerals in which the DRC holds nearly 80% of the world’s known reserves. These resources are crucial to the global transition to clean energy technologies. The event, officially… Read More Here

DRC Mining Companies Underreport Billions in Revenue, Dodging Millions in Community Development Contributions As part of its 2024 annual activity program, the Democratic Republic of Congo’s (DRC) Court of Auditors conducted an audit on the management of a mandatory 0.3% turnover contribution by mining companies toward community development projects. This audit covered the period from 2018 to 2023 and focused on the compliance of mining companies operating in the production phase, as required under Article 258 bis of the DRC Mining Code. The Court’s investigation uncovered substantial irregularities that undermine… Read More Here

DRC Launches Carbon Market Regulatory Authority to Strengthen Oversight and Attract Green Investment On Wednesday, July 23, 2025, a series of presidential ordinances were announced on Congolese National Radio and Television (RTNC) by Tina Salama, spokesperson for the President of the Democratic Republic of Congo (DRC). Among the key announcements was the creation of a new public institution: the Carbon Market Regulatory Authority (ARMCA). Established on the government’s recommendation, ARMCA aims to regulate and manage the country’s emerging carbon credit market. Jacques Célestin Moliba Bakanza has been appointed as Chairman… Read More Here

DRC Civil Society Urges Transparency and Sustainable Partnerships in Strategic Mineral Exploitation On July 16, 2025, the Coalition for the Recovery of the Assets of the Congolese People (CORAC), alongside key civil society groups, issued a strong appeal for responsible and transparent management of the Democratic Republic of Congo’s (DRC) strategic mineral resources. The DRC is blessed with vast natural wealth—including copper, cobalt, gold, diamonds, timber, and abundant water resources—but decades of mismanagement continue to weigh heavily on the nation’s development. The statement revisits the controversial case of Israeli businessman… Read More Here