Mining in DRC - Copperbelt Katanga Mining

DRC Launches New Mining Framework to Boost Development

May 25, 2025May 25, 2025 Constance

The General Secretariat of Mines in the Democratic Republic of Congo (DRC) has adopted a new framework and organizational structure aimed at transforming the mining sector into a key driver of national development. The formal ceremony took place on Thursday, May 22, 2025, involving the Minister of Mines, Kizito Pakabomba, and the Vice Prime Minister and Minister of Civil Service, Modernization of Administration, and Public Service Innovation, Jean-Pierre Lihau Ebua. The Secretary General of Mines, Jacques Ramazani, was also present. According to a statement posted on the Ministry of Mines’… Read More Here

Mining in DRC Governance

DRC’s ARSP and ARTPC Sign Strategic Partnership to Strengthen Regulatory Collaboration

May 25, 2025May 25, 2025 Constance

A strategic partnership has been established between two key regulatory bodies in the Democratic Republic of Congo (DRC): the Regulatory Authority for Subcontracting in the Private Sector (ARSP) and the Regulatory Authority for Posts and Telecommunications of Congo (ARTPC). The two institutions signed a memorandum of understanding (MoU) on Tuesday, May 20, 2025, in Kinshasa, aimed at enhancing their cooperation and regulatory coordination. This agreement marks the outcome of a joint effort to create a structured framework for information exchange, experience sharing, and capacity building between the two authorities. “I… Read More Here

Mining in DRC Oil & Gas Petroleum

DRC Cuts Fuel Subsidy Losses by 89 Percent in Major Economic Reform

May 25, 2025May 25, 2025 Constance

President Félix Tshisekedi of the Democratic Republic of Congo (DRC) has commended Deputy Prime Minister and Minister of Economy, Daniel Mukoko Samba, for achieving a dramatic reduction in revenue shortfalls owed to petroleum product distributors operating in the country. In an official letter, Anthony Nkinzo, Director of the Office of the Head of State, praised the achievement, highlighting the impact of reforms introduced by the Ministry of Economy. “The rigor and transparency of the adopted methodology, along with the significant 89% reduction in losses and shortfalls between 2023 and 2024,… Read More Here

Mining in DRC Copper Corporate News

Dispute Emerges Between Ivanhoe and Zijin Over Kamoa-Kakula Copper Mine Impact

May 25, 2025May 25, 2025 Constance

On Friday, May 23, 2025, Zijin Mining announced it expects a “negative impact” on production forecasts at the Kamoa-Kakula copper mine in the Democratic Republic of Congo (DRC). The announcement follows a seismic event that led to a temporary suspension of underground operations. However, this assessment is disputed by Ivanhoe Mines, Zijin’s joint venture partner and the operator of the mine. Ivanhoe has reiterated its 2025 copper production target of 520,000 to 580,000 tonnes, stating that the temporary slowdown earlier in the week has not altered these expectations. Zijin’s statement… Read More Here

Mining in DRC Artisanal mining Regional conflict

Armed Presence Disrupts Artisanal Mining in Walikale

May 25, 2025May 25, 2025 Constance

Artisanal mining operations in Walikale territory, North Kivu, are facing serious disruptions due to the involvement of soldiers and members of the Wazalendo militia, despite clear prohibitions under the Democratic Republic of Congo’s mining code. Civil society groups and traditional chiefs have raised concerns over the growing presence of armed actors at mining sites, particularly in the Utunda group of the Wanianga sector. These groups report that soldiers and militias are not just providing protection—they are actively participating in the artisanal extraction of gold and cassiterite by digging wells and… Read More Here

Mining in DRC Battery Metals Lithium

Manono’s Lithium Dream Stalled Amid Rising Local Frustration

May 25, 2025May 25, 2025 Constance

The Democratic Republic of Congo (DRC) is home to one of the world’s largest lithium deposits, a resource that is increasingly vital for the global shift to renewable energy. In the town of Manono, located in the Tanganyika province in the southeast of the country, an estimated 6.6 million tonnes of lithium lie beneath the soil. This mineral is essential for the production of rechargeable batteries used in electric vehicles and electronic devices. Despite the promise of economic transformation and international interest—including from the United States—progress on the Manono lithium… Read More Here

Mining in DRC Corporate News Diamond

Botswana Experts Support MIBA Revival After Positive Site Assessment in Kasai Oriental

May 23, 2025May 23, 2025 Constance

A team of experts from Botswana has completed a positive assessment of the Bakwanga Mining Company (MIBA) site in Kasai Oriental, paving the way for a structured support program aimed at reviving the struggling state-owned diamond company. “We welcomed the Botswanan delegation not as investors, but as technical partners tasked with evaluating our existing resources and helping us develop a recovery program for MIBA,” said Joëlle Kabena, Coordinator of the State Financial Project Management Unit for the Revival of MIBA (UGP-MIBA), following the evaluation meeting. Kabena noted that the team’s… Read More Here

Mining in DRC Corporate News Diamond

DRC Grants SACIM Three-Month Sales Moratorium Amid Financial Crisis in Kasai

May 23, 2025May 23, 2025 Constance

Anhui Congo Mining Investment Company (SACIM), a diamond producer based in Kasai Oriental, has been granted a three-month moratorium allowing it to freely sell its production. The temporary measure is intended to help the company recover from prolonged financial hardship, including unpaid wages and heavy tax obligations. The announcement was made on Tuesday, May 20, in Tshibwe (Miabi territory) by Aristote Mutombo, the presidential envoy for Greater Kasai. He conveyed President Félix Tshisekedi’s decision to repeal Ministerial Order No. 00049/CAB.MIN/MINES/01/2022, issued by former Mines Minister Antoinette Samba Kalambay. The regulation… Read More Here

Mining in DRC

CENCO Backs DRC–U.S. Strategic Minerals Partnership as Path to National Development

May 23, 2025May 23, 2025 Constance

At a press briefing held on Friday, May 16, 2025, at the Interdiocesan Center in Kinshasa, Monsignor Donatien Nshole, Secretary General of the National Episcopal Conference of Congo (CENCO), addressed the growing partnership between the Democratic Republic of Congo (DRC) and the United States, particularly concerning the exploitation of strategic minerals such as tin, tungsten, and tantalum—collectively known as the “3Ts.” Monsignor Nshole emphasized the positive potential of this partnership for the Congolese people. “Like many of our compatriots, we hold strong hopes that the negotiations surrounding our natural resources—especially… Read More Here

Mining in DRC

US-Brokered Peace Deal May Open Legal Trade Route for Congolese Minerals via Rwanda

May 22, 2025May 22, 2025 Constance

Congolese minerals such as tungsten, tantalum, and tin—long at the center of tensions between the Democratic Republic of Congo (DRC) and Rwanda—could soon be exported legally to Rwanda for processing under a US-backed peace initiative, according to three sources cited by Reuters. Kinshasa has accused Kigali for years of illegally exploiting its mineral wealth, alleging that tens of millions of dollars’ worth of minerals are smuggled across the border each month. These accusations are closely tied to the ongoing conflict in eastern Congo, where Rwanda-backed M23 rebels have escalated hostilities… Read More Here