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Category: Mining in DRC

DRC Prime Minister Engages IGF to Strengthen Public Finance Oversight 1 Mining in DRC Governance 

DRC Prime Minister Engages IGF to Strengthen Public Finance Oversight

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Prime Minister Judith Suminwa Tuluka met with a delegation from the General Inspectorate of Finance (IGF), led by Inspector General Jules Alingete Key, to discuss strengthening financial oversight and reducing public sector expenses. This meeting aligns with President Félix Tshisekedi’s directive for the government to implement strict cost-cutting measures to ease the financial burden on public institutions. Prime Minister Suminwa emphasized the IGF’s critical role in ensuring fiscal discipline and supervising expenditure in line with the President’s instructions. At the conclusion of the meeting, Alingete commended the Prime Minister’s commitment… Read More Here
TFM Showcases Leadership in Responsible Mining and Community Development at Mining Indaba 2 Mining in DRC Events & Expos 

TFM Showcases Leadership in Responsible Mining and Community Development at Mining Indaba

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On the third day of the Investing in African Mining Indaba, John Woto, Deputy General Manager of Tenke Fungurume Mining SA (TFM SA), outlined the company’s outstanding achievements in responsible mining, community development, and economic contributions. As one of Africa’s leading copper and cobalt producers, TFM continues to raise industry standards in sustainability and social impact. In 2024, TFM became the first African company to earn The Copper Mark certification, a globally recognized assurance standard that promotes responsible environmental, social, and governance (ESG) practices across the copper, molybdenum, nickel, and… Read More Here
Barrick Expands into Copper Exploration in the DRC 3 Mining in DRC Copper Corporate News 

Barrick Expands into Copper Exploration in the DRC

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Barrick Gold is advancing its copper exploration efforts in the Democratic Republic of Congo (DRC), having already secured exploration permits in Haut-Katanga, according to Cyril Mutombo, the company’s Country Director. Speaking at the Investing in African Mining Indaba on February 5, 2025, he emphasized that exploration is the foundation of any mining project. Barrick has significant expertise in copper production, with existing operations in Zambia and Pakistan. The company is investing over $3 billion in expanding its Zambian copper mine, while its Pakistan mine is expected to produce for nearly… Read More Here
Cassiterite Production Reaches 12,454 Tonnes in Q3 2024 in DRC 4 Mining in DRC 

Cassiterite Production Reaches 12,454 Tonnes in Q3 2024 in DRC

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Cassiterite ore production in the third quarter of 2024 totaled 12,454 tonnes, according to data from the Technical Unit for Coordination and Mining Planning (CTCPM). Industrial mining accounted for 72% of total production, with Alphamin Bisie leading the sector, producing 8,441 tonnes—94% of industrial output. Artisanal cassiterite production was distributed across several provinces: From January to September 2024, total cassiterite production across all mining operations reached 31,218.55 tonnes. Read More Here
Jean Bamanisa Advocates Urban Development to Boost DRC's Mining Sector at Mining Indaba 5 Mining in DRC Events & Expos 

Jean Bamanisa Advocates Urban Development to Boost DRC’s Mining Sector at Mining Indaba

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Speaking at the Investing in African Mining Indaba in South Africa, Jean Bamanisa emphasized the need for urban development to enhance the attractiveness of the Democratic Republic of Congo’s (DRC) mining sector. According to him, building cities around mining operations, rather than temporary camps, is key to sustainable economic growth. “The mining sector plays a structuring role in our economy, and we must make it appealing, particularly to multinational investors,” Bamanisa stated. He pointed to past successes, such as Gécamines’ development of mining camps that evolved into cities like Lubumbashi,… Read More Here
DRC Outlines Bold Vision for Mining Sector at Indaba Breakfast Briefing 6 Mining in DRC Events & Expos 

DRC Outlines Bold Vision for Mining Sector at Indaba Breakfast Briefing

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The Breakfast Briefing on the Democratic Republic of Congo (DRC) at the African Mining Indaba marked a pivotal moment for the country’s mining sector. In the presence of Minister of Mines Kizito Pakabomba, the discussion focused on strengthening governance, diversification, and transparency in the industry. Minister Pakabomba opened his address by honoring victims of the ongoing conflicts in the eastern DRC and members of the Armed Forces of the Democratic Republic of Congo (FARDC) who have fallen in defense of the nation, observing a minute of silence in their memory.… Read More Here
President Tshisekedi Announces Urgent Measures to Address Eastern DRC Security Crisis 7 Regional conflict Mining in DRC 

President Tshisekedi Announces Urgent Measures to Address Eastern DRC Security Crisis

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In a late-night speech on Wednesday, January 29, 2025, President Félix-Antoine Tshisekedi outlined five urgent measures to address the escalating security situation in the eastern Democratic Republic of Congo (DRC): President Tshisekedi also paid tribute to the bravery of the FARDC and Wazalendo soldiers. “Your courage, discipline, and unwavering commitment inspire and unite the people of this nation. The Republic will never abandon you, and your sacrifices will never be forgotten. You represent the honor of the Congolese nation,” he declared. In closing, he reassured all Congolese citizens, both at… Read More Here
DRC Minister of Mines Meets with Delegation to Address Illicit Mining Challenges in South Kivu 8 Mining in DRC Artisanal mining 

DRC Minister of Mines Meets with Delegation to Address Illicit Mining Challenges in South Kivu

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The Minister of Mines recently met with a delegation led by Mr. Davide Marcheselli, an Italian priest based in Kitutu, South Kivu. The delegation, representing the Association for the Defense of Victims of Mining Expropriations (ADVEM), highlighted the challenges faced by local communities due to illicit and illegal mining, particularly gold extraction. Mr. Marcheselli, along with members of civil society and the Catholic and Protestant Churches of Congo, emphasized the severity of the situation in the Mwenga territory. He noted that many companies operating in the region are not legally… Read More Here
557 Children Freed from Cobalt Mines in Haut-Katanga Reintegrated into Society 9 Mining in DRC Artisanal mining Cobalt 

557 Children Freed from Cobalt Mines in Haut-Katanga Reintegrated into Society

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A total of 557 children previously working in the cobalt mines at the Pumpe quarry in Kambove, Haut-Katanga province, have been successfully reintegrated into society. Joseph N’sambi Bulanda, the provincial Minister of Health and president of the monitoring committee for the PABEA cobalt project in Haut-Katanga, shared that non-formal education is also being integrated into this initiative. “We are collaborating with the village chief to make this happen,” he stated during his visit to the reintegration center in Kyembe village. The children have been placed at the Mwera 1 Institute,… Read More Here
Marine Le Pen Accuses EU of Complicity in Rwanda’s Exploitation of DRC’s Minerals 10 Mining in DRC Regional conflict 

Marine Le Pen Accuses EU of Complicity in Rwanda’s Exploitation of DRC’s Minerals

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Marine Le Pen, President of the National Rally group in the French National Assembly, sharply criticized the European Union (EU) in a recent interview, accusing it of being complicit in the plundering of minerals from the Democratic Republic of Congo (DRC) via Rwanda. Le Pen claimed, “If the EU were truly committed to ethics, it would cease to be the recipient of the plunder that Rwanda is carrying out against the DRC. Rwanda is looting valuable raw materials, including rare minerals that belong to the Congolese people, and selling them… Read More Here

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