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Category: Mining in DRC

DRC and Ethiopia Sign Landmark Bilateral Agreement to Boost Mining and Economic Cooperation 1 Mining in DRC Economy 

DRC and Ethiopia Sign Landmark Bilateral Agreement to Boost Mining and Economic Cooperation

Constance
In a significant diplomatic breakthrough, the Democratic Republic of Congo (DRC) and Ethiopia signed a landmark bilateral agreement on May 6, 2025, in Addis Ababa. This is the first such agreement in over 25 years between the two nations and marks a new chapter in their political and economic partnership. The agreement was signed by DRC State Minister of Foreign Affairs Thérèse Kayikwamba Wagner and her Ethiopian counterpart, Gedion Timothewos Hessebon. The deal focuses on strengthening cooperation in key sectors, including mining, economic development, and cultural exchange. Central to the… Read More Here
FEC Challenges DGDA Crackdown on Artisanal Cobalt Exports in Lualaba 2 Mining in DRC Artisanal mining Cobalt 

FEC Challenges DGDA Crackdown on Artisanal Cobalt Exports in Lualaba

Constance
In Lualaba province, the Business Federation of Congo (Fédération des Entreprises du Congo — FEC) is contesting recent enforcement actions by the Directorate General of Customs and Excise (DGDA), calling them “irregular” and potentially harmful to the province’s investment climate. In a letter dated May 5, 2025, addressed to DGDA Director General Bernard Kabese Musangu, FEC’s provincial president, Germain Pungwe Mabwe, criticized the DGDA’s decision to open proceedings against member companies involved in the processing and export of cobalt sourced from artisanal mining. These companies have received official statements of… Read More Here
DRC Takes Center Stage at Cobalt Institute’s 2025 Conference in Singapore 3 Mining in DRC Events & Expos 

DRC Takes Center Stage at Cobalt Institute’s 2025 Conference in Singapore

Constance
The Democratic Republic of Congo (DRC) is actively participating in the 8th Annual Cobalt Institute Conference, which opened on Wednesday in Changi, Singapore. The high-profile event, which brings together global leaders in the cobalt industry, concludes on Thursday, May 15. The opening ceremony featured remarks by Dinah McLeod, Director of the Cobalt Institute, who welcomed official delegations—including those from the DRC and Indonesia—and expressed her gratitude for their participation, calling their presence an “honor” for the Institute. Amid ongoing geopolitical tensions and market volatility since the beginning of the year,… Read More Here
U.S. Partners with Rwanda to Secure Strategic Tin Supply Amid Rising Geopolitical Risks 4 Tin Mining in DRC Regional conflict 

U.S. Partners with Rwanda to Secure Strategic Tin Supply Amid Rising Geopolitical Risks

Constance
Amid rising geopolitical tensions and the growing global demand for critical minerals, the United States has announced a strategic partnership with Rwanda to secure direct access to tin—an essential metal for the electronics and renewable energy sectors. On Tuesday, a letter of intent was signed between the U.S. government, Trinity Metals (which operates in Rwanda), and Nathan Trotter & Co., a major U.S.-based tin supplier. The agreement aims to establish a direct and reliable tin supply chain between Rwanda and the American market. This initiative is part of Washington’s broader… Read More Here
U.S. Commits $6 Billion to Boost Southern Africa’s Lobito Corridor 5 Transport and Logistics Angola Mining in DRC Mining in Zambia 

U.S. Commits $6 Billion to Boost Southern Africa’s Lobito Corridor

Constance
The United States has announced the mobilization of nearly $6 billion to support the development of the Lobito Corridor—a key transport infrastructure project linking Angola, the Democratic Republic of Congo (DRC), and Zambia. The announcement was made on Saturday, May 10, 2025, by the U.S. State Department via its official account on the social platform X (formerly Twitter). The funding is designated for the development and construction of the Lobito Corridor, which aims to connect southern DRC and northwestern Zambia to the Atlantic port of Lobito in Angola. The corridor… Read More Here
DRC to Overhaul Petroleum Code in Bid to Attract Global Investors 6 Oil & Gas Mining in DRC 

DRC to Overhaul Petroleum Code in Bid to Attract Global Investors

Constance
In an interview with Jeune Afrique, Democratic Republic of Congo’s Minister of Hydrocarbons, Aimé Sakombi Molendo, announced that the country will undertake a complete revision of its Petroleum Code. According to him, the reform proposal will be submitted to the Council of Ministers within the next three months before being forwarded to Parliament for approval. Explaining the need for this reform, the Minister cited the failure of the oil block tender launched on July 28, 2022, which offered 27 petroleum blocks. The current code’s tax regime was deemed unattractive. Other… Read More Here
EU Reaffirms Support for Peace and Humanitarian Efforts in the DRC 7 Mining in DRC 

EU Reaffirms Support for Peace and Humanitarian Efforts in the DRC

Constance
On Wednesday, April 30, 2025, Prime Minister Judith Suminwa Tuluka met with Mr. Johan Borgstam, the European Union’s Special Representative for the Great Lakes Region, at her office in Kinshasa. Their discussion focused on the EU’s continued support for humanitarian efforts and the peace processes currently underway in the Democratic Republic of Congo (DRC). “It was a very warm exchange,” said Mr. Borgstam. “We discussed the European Union’s support for humanitarian operations in eastern DRC, ongoing peace initiatives, and development cooperation projects. The EU has already delivered more than 100… Read More Here
Deadly Rockfalls Highlight Dangers in DRC’s Artisanal Mining Sector 8 Mining in DRC Artisanal mining 

Deadly Rockfalls Highlight Dangers in DRC’s Artisanal Mining Sector

Constance
Rockfalls at artisanal mining sites in the Democratic Republic of Congo (DRC) are becoming increasingly frequent, particularly in the conflict-affected eastern provinces. The latest tragedy occurred on Saturday, May 2, 2025, when seven artisanal gold miners—all from the same family—were killed in a collapse at the G7 mining site in Mapale village, Lugushwa, Mwenga territory. The incident prompted immediate concern from local civil society, which urged the Assistance and Support Service for Artisanal and Small-Scale Miners (SAEMAPE) to strengthen its oversight efforts on the ground. Speaking to Deskeco on Tuesday,… Read More Here
DRC’s Cobalt Export Suspension Shakes Global Markets 9 Mining in DRC Battery Metals Cobalt 

DRC’s Cobalt Export Suspension Shakes Global Markets

Constance
In February 2025, the government of the Democratic Republic of Congo (DRC) made a bold move by suspending cobalt exports for four months. The decision, announced by the Strategic Mineral Substances Market Regulatory and Control Authority (ARCOMS), aimed to stabilize the oversupplied market and increase national revenue from this critical mineral. The impact was immediate. Within just one week, cobalt prices soared by 27% on global markets. By May 2025, the price had climbed to USD 33,630.99 per tonne—up from USD 30,000—underscoring the market’s heavy reliance on Congolese supply. According… Read More Here
Manganese in Serenje Mining in DRC Battery Metals New Mining Projects 

DRC Launches First-Ever Manganese Mining Project in Kongo-Central Province

Constance
For the first time in the history of the Democratic Republic of Congo’s mining sector, manganese will soon be commercially exploited in Kongo-Central province—an area traditionally known for its oil reserves. The announcement was made during the 43rd Council of Ministers meeting on Friday, May 9, 2025, through a briefing by Minister of Mines, Kizito Pakapomba. The project will be carried out in Luozi territory by Asia Mineral Limited, a Japanese company ranked among the world’s top manganese exporters. The firm is recognized for its expertise in the extraction, processing,… Read More Here

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