Mining in DRC - Copperbelt Katanga Mining

Gold Prices Rise Slightly as DRC Faces Call to Strengthen Mining Value Chain 1

DRC Gold Prices Inch Up 0.35% Amid Global Tensions; Experts Urge Local Refining and Traceability The price of gold—a critical mineral resource for the Democratic Republic of Congo (DRC)—has seen a modest increase on the international market. From July 14 to 19, 2025, the price of one gram of gold rose by 0.35%, reaching $108.60, up from $108.22 the previous week, according to a press release from the National Commission of Mercuriales under the Ministry of Foreign Trade. While the increase may appear minor, experts warn it reflects a more… Read More Here

Mining in DRC Corporate News

Alphamin Accused of Illegal Mining Expansion in North Kivu’s Utunda Region

July 15, 2025July 15, 2025 Constance

Youth in North Kivu Accuse Alphamin of Unauthorized Mining in Utunda Territory Youth leaders from the Utunda group in Walikale territory, North Kivu, have raised serious concerns over alleged unauthorized mining operations by Alphamin Bisie Mining. According to a formal complaint sent to the Minister of Mines, the company is accused of extracting minerals outside its officially designated area for the past two years. The youth committee claims that Alphamin has been operating in the hills of Angoa, Kabombo, Bunjanga, and Buntu—all located within the Utunda group’s jurisdiction—without consultation or… Read More Here

Mining in DRC

Dan Gertler Admits Paying Kabila Associate in Congo Mining Dealings

July 15, 2025July 15, 2025 Constance

Israeli Tycoon Dan Gertler Acknowledges Payments to Kabila Ally in Congo Mining Dispute Israeli businessman Dan Gertler has admitted to making substantial payments to Augustin Katumba Mwanke, a close associate of former Democratic Republic of Congo (DRC) President Joseph Kabila, in connection with his extensive mining operations in the country. The revelations come from an April 2024 arbitration ruling in Israel, obtained by the Platform to Protect Whistleblowers in Africa (PPLAAF) and reviewed by Bloomberg. The arbitration, involving Gertler and fellow Israeli businessmen Moises and Mendi Gertner, outlines for the… Read More Here

Mining in DRC Battery Metals Cobalt

CMOC Delivers Strong Cobalt Growth Amid Congo Export Crackdown

July 15, 2025July 15, 2025 Constance

CMOC Increases Cobalt Output in Congo Amid Export Ban, Projects $1.1B Profit Surge China’s CMOC Group, the world’s largest cobalt producer, reported a strong rise in output from its operations in the Democratic Republic of Congo (DRC), defying an ongoing export ban imposed by the Congolese government. In a preliminary earnings statement released Monday, CMOC announced a 13% year-on-year increase in cobalt production, reaching 61,073 tons in the first half of 2025. This growth occurred despite DRC’s export suspension, which was initially enacted in February and extended through September. Congo,… Read More Here

Mining in DRC Copper

Dowstone Technology to Invest $165 Million in New Copper Smelter in DRC

July 13, 2025July 13, 2025 Constance

Dowstone Technology Plans $165M Copper Smelter in DRC, Boosting China’s Copper Refining Capacity Chinese battery materials firm Dowstone Technology announced on July 3, 2025, its intention to build a state-of-the-art copper smelting facility in the Democratic Republic of Congo (DRC). The planned investment of $165 million aims to create a plant capable of producing 30,000 tons of copper cathodes annually. Construction is expected to span 18 months, pending regulatory approvals from both the DRC and China. This new smelter is poised to further solidify China’s expanding influence in the refined… Read More Here

Mining in DRC Governance

DRC Minister of Foreign Affairs Reports on Washington Peace Agreement Signing

July 13, 2025July 13, 2025 Constance

DR Congo’s Foreign Minister Presents Original Peace Agreement to President Tshisekedi After Washington Signing Returning from Washington, United States, where she signed the Peace Agreement on behalf of the Republic of the Democratic Republic of Congo (DRC), State Minister for Foreign Affairs, Mrs. Thérèse Kayikwamba, along with presidential experts involved in the process, were received on at the Mont Ngaliema Presidential Palace to report on their mission. At the outset, Mrs. Kayikwamba presented the original copy of the Peace Agreement and a letter from her U.S. counterpart, President Donald Trump,… Read More Here

Mining in DRC

North Kivu Launches High-Level Forum to Combat Mining Fraud and Improve Governance

July 13, 2025July 13, 2025 Constance

North Kivu Military Governor Initiates Forum to Tackle Mining Fraud and Enhance Sector Governance Facing widespread mining fraud and smuggling in North Kivu province, military governor Evariste Somo Kakule convened a high-level forum focused on improving governance in the mining sector. The primary objective: to diagnose the challenges clearly and propose practical solutions to ensure the province’s mineral resources no longer slip beyond state control. The forum brought together a diverse group of stakeholders, including members of the provincial government, lawmakers, mining administration officials, economic operators, and representatives from state… Read More Here

Mining in DRC Events & Expos

DRC Showcases Non-Mining Economic Strength at Ndola International Fair

July 13, 2025July 13, 2025 Constance

DR Congo Highlights Local Production Beyond Mining at 2025 Ndola International Fair At the 59th edition of the Ndola International Trade Fair (ZITF), the Democratic Republic of Congo (DRC), through its Haut-Katanga province, seized the opportunity to spotlight a lesser-known strength of its economy: local production outside the mining sector. Held under the theme “Building Resilience through Innovation and Trade,” the prestigious SADC regional event hosted more than 1,350 B2B meetings, drawing investors, government officials, entrepreneurs, and institutions from across the region. For the DRC, it was a chance to… Read More Here

Mining in DRC Copper Corporate News

Trafigura Secures Copper Anodes in $200M Prepayment Deal with Ivanhoe Mines

July 13, 2025July 13, 2025 Constance

Trafigura Pays $200M for Congo Copper in Ivanhoe Smelter Deal Amid Tightening Global Supplyy Trafigura Group has agreed to pay $200 million in a prepayment deal to secure copper anodes from Ivanhoe Mines’ new smelter in the Democratic Republic of Congo (DRC), which is expected to begin operations in September. The agreement, finalized in June, was announced by Ivanhoe in a statement on Tuesday. The deal highlights the growing trend of global commodity trading firms — including Mercuria and Vitol — offering upfront financing to lock in future supplies of… Read More Here

Corporate News Copper Mining in DRC

Ivanhoe Mines Reports 112,009 Tonnes of Copper Produced by Kamoa-Kakula in Q2 2025

July 9, 2025July 9, 2025 Constance

Vancouver, Canada – July 8, 2025 — Ivanhoe Mines (TSX: IVN, OTCQX: IVPAF) has announced robust second-quarter 2025 production results and provided updates on key project developments at its flagship operations: Kamoa-Kakula, Kipushi, and Platreef. During Q2 2025, the Kamoa-Kakula Phase 1, 2, and 3 concentrators processed a combined 3.62 million tonnes of ore, producing 112,009 tonnes of copper. This marks an 11% increase compared to the same period in 2024. Copper production for the first half of 2025 now totals 245,127 tonnes. Phase 1 and 2 concentrators are currently… Read More Here