Mining in DRC - Copperbelt Katanga Mining

DRC Highlights Strategic Role of Lobito Corridor at US-Africa Business Summit 1

At the 17th US-Africa Business Summit, which opened on Monday, June 23, 2025, in Luanda, the Democratic Republic of Congo (DRC) reaffirmed the strategic importance of the Lobito Corridor in its economic transformation ambitions. Representing President Félix Tshisekedi, Deputy Prime Minister in charge of Transport, Jean-Pierre Bemba, emphasized that this rail corridor—linking southern DRC to the Atlantic Ocean via Angola’s port of Lobito—provides “a direct and vital access” to global markets. This statement reflects a significant geoeconomic reality: as a landlocked country reliant on saturated or unstable transport routes, the… Read More Here

Mining in DRC Governance

DRC Prime Minister Highlights Economic Potential and Calls for Regional Investment at Rome Summit

June 26, 2025June 26, 2025 Constance

Visiting Rome on Friday, June 20, 2025, as part of the summit on the Mattei Plan and the Global Gateway, the Prime Minister of the Democratic Republic of Congo (DRC), Judith Suminwa Tuluka, emphasized the country’s vast economic potential and urged increased investment to build an interconnected regional economy. Accompanied by the Minister of Tourism, Didier M’Pambia, and the Minister of Communication and Media, Patrick Muyaya, Prime Minister Suminwa reaffirmed Kinshasa’s commitment to the implementation of the Lobito Corridor project, a strategic transport axis linking the Atlantic Ocean to the… Read More Here

Mining in DRC Governance Regional conflict

DRC & Rwanda Sign Provisional Peace Deal in Washington with Support from U.S. and Qatar

June 26, 2025June 30, 2025 Constance

On Wednesday, June 18, 2025, the Democratic Republic of Congo (DRC) and Rwanda signed a provisional peace agreement in Washington, D.C., with mediation by the United States and Qatar. The agreement marks a significant step toward ending the long-standing conflict between the two nations, particularly in the violence-stricken eastern region of the DRC. The initialed accord outlines key commitments, including the disengagement of armed groups and the mutual respect of each country’s territorial integrity. According to a joint statement released the same day, the formal signing of the final agreement… Read More Here

Mining in DRC Artisanal mining Mining safety

Artisanal Miner Dies in Walikale Landslide as Authorities Launch Investigation

June 26, 2025June 26, 2025 Constance

An artisanal miner lost his life on the evening of Tuesday, June 24, following a landslide in the Ifarifari mining area, located in the Banabangi group of Walikale Territory, North Kivu province. The victim was working in a gold pit when the collapse occurred, burying him under debris. According to local mining authorities, the landslide struck without warning, trapping the miner beneath the rubble. The exact circumstances leading to the incident remain unclear and are under investigation. The following morning, a joint team comprising mining police and military prosecutors arrived… Read More Here

Mining in DRC Corporate News

Glencore Reaffirms Commitment to Human Rights and Tackles Child Labor in the DRC

June 26, 2025June 30, 2025 Constance

In a press release issued earlier this week, Anglo-Swiss commodities giant Glencore reaffirmed its commitment to the United Nations Guiding Principles on Business and Human Rights. The company also reiterated its support for the Universal Declaration of Human Rights and the International Labour Organization’s (ILO) Declaration on Fundamental Principles and Rights at Work. This commitment is reflected in Glencore’s community initiatives in Kolwezi, located in Lualaba Province, Democratic Republic of Congo (DRC), where the company is working to improve access to quality education for local children. “Glencore takes a zero-tolerance… Read More Here

Lithium Battery Metals Corporate News Mining in DRC

AVZ Minerals Resumes Arbitration Against DRC Over Manono Lithium Permit

June 26, 2025June 26, 2025 Constance

AVZ Minerals Limited (AVZ or the Company) has confirmed the resumption of arbitration proceedings before the International Centre for Settlement of Investment Disputes (ICSID). The proceedings were initiated by the Company’s subsidiaries—AVZ International Pty Ltd (AVZI), Green Lithium Holdings Pte Ltd (GLH), and Dathcom Mining SA (Dathcom)—against the Democratic Republic of Congo (DRC). The dispute centers on the DRC’s failure to grant a mining exploitation permit (Permis d’Exploitation or PE) to Dathcom for the area covered under Permit PR 13359 (ICSID Case No. ARB/23/20). As previously announced on 26 May… Read More Here

Mining in DRC Battery Metals Cobalt Exploration

EU Strengthens Support for Responsible Mining and Geological Development in the DRC

June 26, 2025June 26, 2025 Constance

The European Union has unveiled new financial support for the Democratic Republic of Congo’s (DRC) mining sector, launching two key initiatives aimed at fostering responsible mineral value chains and enhancing the country’s geological data infrastructure. The first initiative involves the EU’s backing of the Cobalt for Development project. This program is being implemented by the German development agency GIZ in collaboration with the Congolese state-owned enterprise, Entreprise Générale du Cobalt. Starting with pilot sites, the project seeks to improve social and environmental conditions in the artisanal cobalt mining sector. The… Read More Here

Mining in DRC Angola Electricity

$1.5 Billion Energy Corridor to Link Angola and DR Congo

June 24, 2025June 24, 2025 Constance

Energy companies Mitrelli (Israel) and Hydro-Link (USA) signed a landmark $1.5 billion agreement on Monday to construct a power transmission line capable of transporting 1,200 megawatts (MW) of electricity from Angola to the Democratic Republic of Congo (DRC). The deal was signed during the 17th U.S.-Africa Business Summit and includes plans to establish Special Economic Zones (SEZs) along the route, integrated with the Lobito Railway Corridor. According to the companies, the initiative aims to promote industrialization and boost local economies along the corridor. Mitrelli emphasized the project’s strategic significance, stating… Read More Here

Mining in DRC Battery Metals Cobalt

Global Cobalt Market Jolted by Congo’s Surprise Export Ban Extension

June 24, 2025June 30, 2025 Constance

Cobalt futures in China soared on Monday to levels not seen since mid-March, following the Democratic Republic of Congo’s decision to extend its ban on cobalt concentrate exports. Initially implemented in February, the ban has now been prolonged by another three months, significantly disrupting global supply. As the source of over 80% of the world’s cobalt—a key component in electric vehicle (EV) batteries—the DRC’s move is expected to remove more than 100,000 tonnes of cobalt from the global market over a seven-month span, according to industry estimates. Futures contracts for… Read More Here

Diamond Corporate News Mining in DRC

SACIM Faces Crisis Amid Marketing Restrictions and Financial Strain

June 24, 2025June 24, 2025 Constance

The 48th Ordinary Meeting of the Council of Ministers, held on Friday, June 20, 2025, in Kinshasa, reviewed a report from the Minister of Mines evaluating the operational, managerial, and social conditions of the Anhui Congo Mining Investment Company (SACIM). The report also outlined supervisory measures aimed at reviving the struggling diamond mining firm. SACIM, located in Miabi in the Kasai Oriental province, is facing a severe crisis threatening its viability, despite maintaining a monthly diamond production of approximately 250,000 carats. The company’s difficulties are largely attributed to outdated regulatory… Read More Here