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Category: Mining in DRC

U.S. Commits $6 Billion to Boost Southern Africa’s Lobito Corridor 1 Transport and Logistics Angola Mining in DRC Mining in Zambia 

U.S. Commits $6 Billion to Boost Southern Africa’s Lobito Corridor

Constance
The United States has announced the mobilization of nearly $6 billion to support the development of the Lobito Corridor—a key transport infrastructure project linking Angola, the Democratic Republic of Congo (DRC), and Zambia. The announcement was made on Saturday, May 10, 2025, by the U.S. State Department via its official account on the social platform X (formerly Twitter). The funding is designated for the development and construction of the Lobito Corridor, which aims to connect southern DRC and northwestern Zambia to the Atlantic port of Lobito in Angola. The corridor… Read More Here
DRC to Overhaul Petroleum Code in Bid to Attract Global Investors 2 Oil & Gas Mining in DRC 

DRC to Overhaul Petroleum Code in Bid to Attract Global Investors

Constance
In an interview with Jeune Afrique, Democratic Republic of Congo’s Minister of Hydrocarbons, Aimé Sakombi Molendo, announced that the country will undertake a complete revision of its Petroleum Code. According to him, the reform proposal will be submitted to the Council of Ministers within the next three months before being forwarded to Parliament for approval. Explaining the need for this reform, the Minister cited the failure of the oil block tender launched on July 28, 2022, which offered 27 petroleum blocks. The current code’s tax regime was deemed unattractive. Other… Read More Here
EU Reaffirms Support for Peace and Humanitarian Efforts in the DRC 3 Mining in DRC 

EU Reaffirms Support for Peace and Humanitarian Efforts in the DRC

Constance
On Wednesday, April 30, 2025, Prime Minister Judith Suminwa Tuluka met with Mr. Johan Borgstam, the European Union’s Special Representative for the Great Lakes Region, at her office in Kinshasa. Their discussion focused on the EU’s continued support for humanitarian efforts and the peace processes currently underway in the Democratic Republic of Congo (DRC). “It was a very warm exchange,” said Mr. Borgstam. “We discussed the European Union’s support for humanitarian operations in eastern DRC, ongoing peace initiatives, and development cooperation projects. The EU has already delivered more than 100… Read More Here
Deadly Rockfalls Highlight Dangers in DRC’s Artisanal Mining Sector 4 Mining in DRC Artisanal mining 

Deadly Rockfalls Highlight Dangers in DRC’s Artisanal Mining Sector

Constance
Rockfalls at artisanal mining sites in the Democratic Republic of Congo (DRC) are becoming increasingly frequent, particularly in the conflict-affected eastern provinces. The latest tragedy occurred on Saturday, May 2, 2025, when seven artisanal gold miners—all from the same family—were killed in a collapse at the G7 mining site in Mapale village, Lugushwa, Mwenga territory. The incident prompted immediate concern from local civil society, which urged the Assistance and Support Service for Artisanal and Small-Scale Miners (SAEMAPE) to strengthen its oversight efforts on the ground. Speaking to Deskeco on Tuesday,… Read More Here
DRC’s Cobalt Export Suspension Shakes Global Markets 5 Mining in DRC Battery Metals Cobalt 

DRC’s Cobalt Export Suspension Shakes Global Markets

Constance
In February 2025, the government of the Democratic Republic of Congo (DRC) made a bold move by suspending cobalt exports for four months. The decision, announced by the Strategic Mineral Substances Market Regulatory and Control Authority (ARCOMS), aimed to stabilize the oversupplied market and increase national revenue from this critical mineral. The impact was immediate. Within just one week, cobalt prices soared by 27% on global markets. By May 2025, the price had climbed to USD 33,630.99 per tonne—up from USD 30,000—underscoring the market’s heavy reliance on Congolese supply. According… Read More Here
Manganese in Serenje Mining in DRC Battery Metals New Mining Projects 

DRC Launches First-Ever Manganese Mining Project in Kongo-Central Province

Constance
For the first time in the history of the Democratic Republic of Congo’s mining sector, manganese will soon be commercially exploited in Kongo-Central province—an area traditionally known for its oil reserves. The announcement was made during the 43rd Council of Ministers meeting on Friday, May 9, 2025, through a briefing by Minister of Mines, Kizito Pakapomba. The project will be carried out in Luozi territory by Asia Mineral Limited, a Japanese company ranked among the world’s top manganese exporters. The firm is recognized for its expertise in the extraction, processing,… Read More Here
DRC Leads Regional Push Against Mineral Smuggling at CIRGL Ministers' Meeting in Lusaka 6 Mining in DRC Mining in Zambia 

DRC Leads Regional Push Against Mineral Smuggling at CIRGL Ministers’ Meeting in Lusaka

Constance
The Minister of Mines of the Democratic Republic of Congo, His Excellency Mr. Kizito Pakabomba, participated in an extraordinary meeting of Mines Ministers from member states of the International Conference on the Great Lakes Region (ICGLR), held in Lusaka, Zambia. This high-level gathering followed two major technical meetings previously held in Nairobi, Kenya: the 26th session of the ICGLR Audit Committee and the 30th session of the Regional Committee of the Regional Initiative against the Illegal Exploitation of Natural Resources (RINR). Central to the discussions was the DRC’s formal denunciation… Read More Here
DRC Reaffirms Commitment to Responsible Mining at OECD Forum in Paris 7 Mining in DRC Events & Expos 

DRC Reaffirms Commitment to Responsible Mining at OECD Forum in Paris

Constance
On an official visit to Paris, the Deputy Minister of Mines, Godard Motemona, represented the Democratic Republic of Congo (DRC) at the 18th edition of the OECD Forum on Responsible Mineral Supply Chains. Speaking before African Ministers of Mines and global stakeholders, Motemona reaffirmed the DRC’s commitment—under the leadership of President Félix Tshisekedi and Prime Minister Judith Suminwa—to play a pivotal role in the global energy transition as a key source of strategic minerals. He emphasized the country’s vast mineral potential and advocated for increased local processing, improved mineral certification,… Read More Here
Katende Hydropower Plant to Deliver 32 MW in First Phase Within 24 Months 8 Mining in DRC Hydro power plant 

Katende Hydropower Plant to Deliver 32 MW in First Phase Within 24 Months

Constance
The consulting firm overseeing the Katende Hydropower Plant in the Democratic Republic of Congo (DRC) has announced that the project’s first phase will generate 32 megawatts of electricity within 24 months. Located in Kasai Central province, the project is part of the national strategy to expand electricity access in central DRC. The initial phase includes the installation of two 16 MW turbines and the construction of a transmission line to the city of Kananga. The DRC government has secured financing for the project and established oversight structures, including an engineering… Read More Here
Twangiza Mining Suspends Operations in South Kivu Amid Provincial Orders 9 Mining in DRC 

Twangiza Mining Suspends Operations in South Kivu Amid Provincial Orders

Constance
Twangiza Mining SA has announced the suspension of all operations in South Kivu, following directives issued by the province’s new administration. In a statement released on Friday, May 9, General Manager Chao Xianfeng confirmed that all company machinery and vehicles have been parked while awaiting further instructions from senior management. As part of the suspension, the company is also reducing the number of staff residing in company housing. Non-resident employees have been advised not to report to work during this period. Department heads have been instructed to identify affected personnel… Read More Here

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