Mining in DRC - Copperbelt Katanga Mining

US-Backed Mining Deal in Congo Faces Scrutiny Over Firm’s Claimed Experience 1

Virtus Minerals’ Congo Mining Credentials Questioned After $30M Chemaf Deal in US–DRC Critical Minerals Partnership A U.S. company at the center of Washington’s strategy to secure critical minerals from the Democratic Republic of Congo (DRC) has come under scrutiny after questions emerged about the accuracy of its mining credentials. Virtus Minerals, which acquired Chemaf’s mining assets in March for approximately $30 million from the company’s shareholders, had previously indicated that it possessed operational experience in the DRC through involvement in a copper and cobalt processing facility. However, records and industry… Read More Here

Copper Leads Weekly Surge in Global Commodity Prices as DRC Mining Products Show Mixed Trends

April 21, 2026April 21, 2026 Constance

Copper Prices Rise to $12,836/Ton as DRC Mining Commodities Record Mixed Market Performance (April 20–25) Copper maintained its upward trajectory on international markets during the week of April 20–25, extending a steady rally observed in recent weeks. According to projections from the National Market Commission under the Ministry of Foreign Trade of the Democratic Republic of Congo (DRC), copper is expected to trade at $12,836 per ton, up from $12,148 the previous week, marking an increase of $688 per ton. Broad-Based Movement Across Key Minerals The positive momentum is not… Read More Here

Mining in DRC Artisanal mining Governance

DRC Govt Cracks Down on Illegal Gold Mining in Ituri Amid Major Sector Reform Push

April 21, 2026April 21, 2026 Constance

DRC Launches Major Crackdown on Illegal Gold Mining in Ituri as Government Seizes Equipment and Orders Site Closures The Government of the Democratic Republic of Congo (DRC) has intensified enforcement actions against illegal activities in the mining sector, signaling a stricter regulatory approach aimed at restoring order and accountability in the industry. During a field mission in eastern DRC, the Minister of Mines, Louis Watum Kabamba, ordered the immediate closure of several illegal gold mining sites in the Djalasiga chiefdom, located in Mahagi territory. The operation underscores the government’s determination… Read More Here

Mining in DRC Economy

DRC’s Economic Rise Gains Momentum as Mining Boom and Currency Reforms Reshape Growth

April 21, 2026April 21, 2026 Constance

Democratic Republic of Congo Set to Become Fifth-Largest Economy in Sub-Saharan Africa as GDP Nears $123 Billion The Democratic Republic of the Congo is poised to become the fifth-largest economy in sub-Saharan Africa, with projected gross domestic product (GDP) of approximately $123 billion in 2026, according to estimates from the International Monetary Fund. This anticipated expansion is being driven by a three-pillar macroeconomic strategy: sustained growth in the mining sector, stronger inflows of foreign currency, and the appreciation of the Congolese franc. Beyond the immediate boost to economic output, ongoing… Read More Here

Mining in DRC Investment News

U.S. Firms Show Growing Interest in Congo Mining Assets as Investment Tied to Peace Efforts

April 20, 2026April 20, 2026 Constance

U.S. Companies Eye DRC Critical Minerals Projects Including Rubaya Mine Amid Strategic Push to Secure Supply Chains Companies from the United States are demonstrating strong interest in mining assets in the Democratic Republic of the Congo (DRC), including projects located in conflict-affected eastern regions such as the Rubaya mining area. However, officials have emphasized that any investment in these assets will need to align closely with ongoing peace initiatives supported by Washington. Earlier this year, the Congolese government submitted a shortlist of strategic mining projects to potential American investors as… Read More Here

Mining in DRC Copper Economy

DRC Expands Copper Sales to U.S. as It Strengthens Control Over Strategic Minerals

April 16, 2026April 16, 2026 Constance

DR Congo Raises Copper Exports to U.S. to 500,000 Tonnes, Launches Strategic Cobalt Reserve to Boost Market Influence The Democratic Republic of the Congo has significantly increased its planned copper sales to the United States to 500,000 tonnes, marking a fivefold rise from the initial commitment announced in January. The move signals the country’s growing ambition to strengthen its position in global critical mineral markets and secure greater control over revenues from its mining sector. The agreement, led by state mining company Gécamines, is being implemented through a marketing partnership… Read More Here

Mining in DRC Economy

Judith Suminwa Leads Strategic Talks at World Bank–IMF Spring Meetings

April 16, 2026April 16, 2026 Constance

DR Congo Prime Minister Judith Suminwa Holds Strategic Talks on Economy and Health Financing at World Bank and IMF Spring Meetings in Washington Prime Minister Judith Suminwa Tuluka arrived in the United States capital, Washington, D.C., on Monday, April 13, 2026, to participate in the World Bank Group and International Monetary Fund Spring Meetings, taking place from April 13 to 18. Beginning April 14, 2026, the Head of Government initiated a series of high-level engagements with development partners and economic experts supporting reforms and sectoral development in the Democratic Republic… Read More Here

Mining in DRC Oil & Gas Petroleum

DRC Moves to Secure Fuel Supply from Dangote Refinery Amid Global Market Pressures

April 16, 2026April 16, 2026 Constance

Democratic Republic of Congo explores fuel imports from Dangote refinery as it seeks to diversify petroleum supply sources and strengthen energy security The Democratic Republic of Congo is exploring the possibility of sourcing petroleum products from Nigeria’s Dangote refinery as it moves to strengthen fuel supply security amid ongoing pressures in global refined product markets, according to the Ministry of National Economy. Deputy Prime Minister and Minister of Economy Daniel Mukoko Samba recently visited Nigeria as part of efforts to secure stable fuel imports for the country. The ministry said… Read More Here

Mining in DRC

DRC Mines Minister Pushes for Stronger Geological Expertise and Sector Reform

April 16, 2026April 16, 2026 Constance

DRC Mines Minister Louis Watum Kabamba urges reliance on local geologists and reforms to strengthen mining governance and transparency During a visit on Tuesday, April 14, 2026, to the National Geological Survey of Congo (SGN), the Minister of Mines, Louis Watum Kabamba, emphasized the importance of strengthening national geological expertise as a core pillar of the country’s mining strategy. He stated that the government’s ambition is to rely more heavily on Congolese geologists to intensify exploration of the country’s soil and subsoil, with the goal of identifying new mineral deposits… Read More Here

Mining in DRC Cobalt Copper

DRC Copper and Cobalt Miners Hit by Chemical Supply Disruptions Amid Global Shipping Crisis

April 16, 2026April 16, 2026 Constance

DRC copper and cobalt producers face sulfuric acid and SMBS shortages as shipping disruptions and rising logistics costs strain supply chains Copper and cobalt producers in the Democratic Republic of Congo (DRC) are facing cancelled and withdrawn deliveries of key processing chemicals, forcing some miners to reduce consumption and consider production cuts as global supply chain disruptions intensify. The DRC, the world’s largest cobalt producer and Africa’s leading copper supplier, plays a critical role in global supply chains for electric vehicles and the energy transition. However, its mining sector depends… Read More Here