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Category: Mining in DRC

Lobito Atlantic Railway Launches First Ethical Copper and Cobalt Shipment from DRC to Global Markets 1 Mining in DRC Battery Metals Cobalt Transport and Logistics 

Lobito Atlantic Railway Launches First Ethical Copper and Cobalt Shipment from DRC to Global Markets

Constance
Lobito Atlantic Railway Facilitates First Copper and Cobalt Shipment from DRC to Global Markets In a landmark milestone for the Lobito Atlantic Railway (LAR), Entreprise Générale du Cobalt (EGC) and Trafigura announced the first delivery of copper and cobalt along the corridor linking the Democratic Republic of Congo (DRC) to Angola’s deep-water port of Lobito. EGC, a state-owned entity responsible for purchasing cobalt from artisanal producers in the DRC, has partnered with Trafigura, which markets EGC-supplied cobalt globally. EGC CEO Eric Kalala highlighted that using the LAR demonstrates that ethical,… Read More Here
DRC Positions Itself as a Central Player in Africa’s Mining Transformation at Mining Indaba 2026 2 Mining in DRC Events & Expos 

DRC Positions Itself as a Central Player in Africa’s Mining Transformation at Mining Indaba 2026

Constance
DRC Signals Strong Commitment to Sustainable Mining and Strategic Partnerships at Mining Indaba 2026 The Democratic Republic of Congo (DRC) made a strong showing at the Investing in African Mining Indaba 2026 Ministerial Symposium, affirming its ambition to play a central role in the transformation of Africa’s mining sector. Speaking in Cape Town, Congolese authorities delivered a clear and consistent message: political stability, strategic partnerships, and sustainable resource development now form the cornerstone of the country’s mining vision. Addressing the ministerial plenary session themed “Investing in Africa: Mobilizing Capital through… Read More Here
Copper Prices Rebound as Global Demand Strengthens and DRC Eyes Strategic Gains 3 Mining in DRC Copper Economy 

Copper Prices Rebound as Global Demand Strengthens and DRC Eyes Strategic Gains

Constance
Copper Prices Recover in Early 2026 as Demand from Energy and Digital Sectors Accelerates After several weeks of decline, copper one of the Democratic Republic of Congo’s (DRC) most important mineral exports is showing a clear recovery on international markets at the start of February 2026. According to projections from the National Market Commission of the Congolese Ministry of Foreign Trade, copper prices are expected to average USD 13,347.90 per tonne for the period from February 9 to 14, 2026, up from USD 12,943 per tonne the previous week. This… Read More Here
Gécamines Overhaul Positions the DRC at the Heart of Global Strategic Minerals 4 Mining in DRC Corporate News Events & Expos 

Gécamines Overhaul Positions the DRC at the Heart of Global Strategic Minerals

Constance
DRC Unveils Gécamines Strategy to Strengthen Governance and Capture More Value from Strategic Minerals The Democratic Republic of Congo (DRC) is seeking to establish exemplary governance of its strategic minerals, ensuring their exploitation aligns with sustainable development goals and national economic sovereignty. Central to this ambition is the transformation of Gécamines, the state-owned mining company, from a passive asset holder into an active and influential market player. Speaking at the Investing in African Mining Indaba in South Africa, Gécamines Director General Placide Nkala outlined six strategic pillars guiding the company’s… Read More Here
DRC Mining Sector Enters New Era with Worker Ownership Mandate 5 Mining in DRC 

DRC Mining Sector Enters New Era with Worker Ownership Mandate

Constance
DRC Mining Reform: Minister Kabamba Enforces Mandatory 5% Congolese Worker Ownership in Mining Companies In the Democratic Republic of Congo (DRC), the mining sector is entering a new phase of governance and accountability. Minister of Mines Louis Watum Kabamba has announced the strict enforcement of legal provisions that guarantee Congolese workers a direct stake in the capital of mining companies operating in the country. Citing Article 71 bis of the Mining Code and Article 144 bis of the Mining Regulations, Minister Kabamba reiterated that it is legally mandatory for all… Read More Here
US Firm Virtus Minerals to Acquire Chemaf as Washington Strengthens Critical Minerals Strategy in the DRC 6 Mining in DRC Cobalt Copper Mergers & Acquisitions 

US Firm Virtus Minerals to Acquire Chemaf as Washington Strengthens Critical Minerals Strategy in the DRC

Constance
US-Backed Firm Virtus Minerals Moves to Acquire Congolese Copper and Cobalt Producer Chemaf A US-based company led by former military and intelligence officials has agreed to acquire Chemaf SA, a financially distressed Congolese copper and cobalt producer that has become central to Washington’s strategy to secure critical mineral supply chains. Virtus Minerals Inc. has reached an agreement to purchase Chemaf for an undisclosed amount and to assume all of the company’s liabilities, including significant debt. The transaction is expected to be accompanied by capital investments totaling up to US$750 million,… Read More Here
DRC–UAE Agreement Sets Framework for Investment and Mining 7 Mining in DRC 

DRC–UAE Agreement Sets Framework for Investment and Mining

Constance
DRC and UAE Target $10 Billion in Investment With Trade, Port and Mining Partnership Presented as the outcome of a shared vision centered on local value creation, economic transformation and balanced partnerships, the cooperation agreement between the Democratic Republic of Congo (DRC) and the United Arab Emirates is built on three core pillars: trade and investment, infrastructure development, and mining and diplomatic cooperation. Expanded Market Access and Investment Ambitions Under the trade and investment pillar, the agreement provides for expanded access to the Emirati market for nearly 6,000 Congolese products,… Read More Here
Kobold Exploration Files New Permit Applications as DRC Mining Cadastre Reopens 8 Mining in DRC Corporate News Exploration New Mining Projects 

Kobold Exploration Files New Permit Applications as DRC Mining Cadastre Reopens

Constance
Kobold Exploration Submits New Mining Permit Requests Following CAMI Reopening in DRC One day after the reopening of its application counter on February 3, 2026, the Mining Cadastre (CAMI) received five new applications for exploration permits from Kobold Exploration DRC SA. The filings mark a new step in the implementation of the agreement signed on July 18, 2025, between the company and the government of the Democratic Republic of Congo (DRC). CAMI confirmed that the applications are part of the ongoing partnership framework. On this occasion, Kobold Exploration DRC SA’s… Read More Here
DRC Showcases Mining Reforms and Investment Opportunities at Mining Indaba 2026 9 Mining in DRC Events & Expos 

DRC Showcases Mining Reforms and Investment Opportunities at Mining Indaba 2026

Constance
DRC Seeks Responsible Mining Investment at African Mining Indaba 2026 in Cape Town The 32nd African Mining Indaba takes place from February 9 to 12, 2026, in Cape Town, South Africa, bringing together governments, mining companies, investors and technical partners to address key challenges facing the global extractive industry. The Democratic Republic of Congo (DRC) is participating with a high-level delegation led by Minister of Mines Louis Watum Kabamba. According to the Ministry of Mines, the objective is to reinforce the country’s position on the international mining stage and attract… Read More Here
Tshisekedi Meets EXIM Bank to Advance US–DRC Critical Minerals Partnership 10 Mining in DRC 

Tshisekedi Meets EXIM Bank to Advance US–DRC Critical Minerals Partnership

Constance
DRC and US Deepen Talks on Critical Minerals, Local Processing and Strategic Infrastructure President Félix-Antoine Tshisekedi held a high-level meeting in Washington, DC, on Wednesday, February 4, 2026, with John Jovanovic, President of the Export-Import Bank of the United States (EXIM Bank), as part of efforts to strengthen the strategic partnership between the Democratic Republic of Congo (DRC) and the United States. The meeting was attended by Conor Coleman of the U.S. International Development Finance Corporation (DFC) and George Kollitides from the U.S. Department of Defense’s Economic Security and Industrial… Read More Here

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