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Category: Mining in DRC

BGFIBank Engages Industry Leaders at First Mining Summit Tech in Kolwezi 1 Mining in DRC Events & Expos 

BGFIBank Engages Industry Leaders at First Mining Summit Tech in Kolwezi

Constance
BGFIBank Launches Innovative Financing Solution for DRC Mining Subcontractors at Mining Summit Tech 2026 BGFIBank participated in the first edition of Mining Summit Tech 2026, held on April 30, 2026, at the Congress Village in Kolwezi, Lualaba Province. The summit, focused on mining sovereignty and technological transformation, brought together industry leaders, mining operators, and digital sector stakeholders to explore the role of innovation in the sector. Introducing BGFIMines Flex During the event, BGFIBank RDC introduced BGFIMines Flex, a financing solution designed to address the operational needs of mining subcontractors by… Read More Here
ARSP Urges Stronger Local Transformation Agenda at Lualaba Mining Tech Summit 2 Mining in DRC Events & Expos Technology & Innovation 

ARSP Urges Stronger Local Transformation Agenda at Lualaba Mining Tech Summit

Constance
DRC Launches Mining Tech Summit to Boost Local Value, Innovation, and Digital Mining Economy The Lualaba province in the Democratic Republic of Congo hosted the first edition of the Mining Tech Summit, focusing on mining sovereignty and the integration of technology into the extractive sector. The event brought together public and private stakeholders to explore ways to modernize and transform the country’s mining industry. Organized by the Ministry of Digital Economy, the Ministry of SMEs, the Regulatory Authority for Subcontracting in the Private Sector (ARSP), the Lualaba provincial government, and… Read More Here
Mixed Commodity Trends in DRC as Global Mining Prices Show Broad Decline 3 Mining in DRC Economy 

Mixed Commodity Trends in DRC as Global Mining Prices Show Broad Decline

Constance
DR Congo Mining Export Prices Fall in Early May 2026 as Gold, Copper Drop While Nickel and Germanium Rise Export prices for mining commodities from the Democratic Republic of the Congo recorded an ընդհանուր downward trend on international markets during the period of May 4–9, 2026, reflecting softer global demand across several key resources. Among the hardest-hit commodities, gold posted a notable decline, falling from $155.28 to $151.79 per gram. Copper the country’s primary export also edged lower, decreasing from $13,177.50 to $13,102.50 per ton. Zinc followed a similar trajectory,… Read More Here
Virtus Minerals Advances Chemaf Takeover in DRC with Key Regulatory Review 4 Mining in DRC Copper Corporate News Mergers & Acquisitions 

Virtus Minerals Advances Chemaf Takeover in DRC with Key Regulatory Review

Constance
Virtus Minerals Moves Forward with Chemaf Acquisition in DR Congo, Strengthening Oversight of Copper and Cobalt Assets The acquisition of Chemaf’s mining assets has entered a critical administrative phase in the Democratic Republic of Congo (DRC). On April 29, 2026, the Director General of the Mining Registry, Popol Mabolia Yenga, met with the Chairman of the Board of Virtus Minerals, the new owner of Chemaf. Chemaf (Congo Eastern Mining Frontier) primarily operates mining sites in the southern provinces of Lualaba and Haut-Katanga, at the heart of the country’s copper belt… Read More Here
First Trade Convoy from Eastern DRC Reaches Kinshasa via Green Corridor Launch 5 Mining in DRC Transport and Logistics 

First Trade Convoy from Eastern DRC Reaches Kinshasa via Green Corridor Launch

Constance
DRC Kivu–Kinshasa Green Corridor Launches First Cargo Convoy to Kinshasa, Boosting East–West Trade Links The first convoy along the Kivu–Kinshasa Green Corridor has arrived in the Congolese capital, Kinshasa, marking a symbolic milestone for a major economic integration project designed to connect the eastern and western regions of the Democratic Republic of the Congo (DRC). Multimodal route showcases trade potential Departing from North Kivu, the convoy followed a multimodal transport route through Kisangani before continuing downstream along the Congo River to Kinshasa. It carried three containers of locally produced goods,… Read More Here
DRC Mining Boom Masks Heavy Reliance on China and Copper 6 Mining in DRC Copper 

DRC Mining Boom Masks Heavy Reliance on China and Copper

Constance
DRC Mining Exports: Heavy Reliance on China and Copper Raises Economic Risk The structure of the Democratic Republic of Congo’s (DRC) mineral exports reveals a dual dependency on a dominant trading partner, China, and a single primary commodity, copper. This is the main finding of a report by consulting firm Target Sarl. China accounts for approximately 62% of the DRC’s mineral export volumes, confirming its position as the country’s leading export destination. This dominance is reinforced by significant Chinese investment in the mining sector, which supports production and infrastructure. However,… Read More Here
DRC Govt Launches Crackdown on Mining Fraud and Illegal Mineral Exploitation 7 Mining in DRC 

DRC Govt Launches Crackdown on Mining Fraud and Illegal Mineral Exploitation

Constance
DRC Intensifies Fight Against Illegal Mining: Tshisekedi Orders Crackdown on Fraud Networks in Key Sector The government of the Democratic Republic of the Congo has announced a series of “coercive” measures aimed at tackling mining fraud and the illegal exploitation of minerals activities that continue to cost the country substantial revenue. The decision followed a high-level meeting on April 30 chaired by Deputy Prime Minister and Interior Minister Jacquemain Shabani Lukoo, alongside key cabinet members. The initiative comes in response to directives issued by President Félix Tshisekedi during the 87th… Read More Here
DRC Mining Exports Gain Momentum as Global Commodity Prices Rise 8 Mining in DRC Economy Gold 

DRC Mining Exports Gain Momentum as Global Commodity Prices Rise

Constance
DRC Mineral Prices Climb: Copper, Gold, Tin and Zinc Rise While Cobalt Holds Steady Mining export prices from the Democratic Republic of the Congo are projected to trend upward on international markets during the period from April 27 to May 2, 2026, according to forecasts from the Ministry of Foreign Trade. The latest price index indicates broad-based gains across key mineral commodities, reflecting sustained global demand and improving market conditions. Gold, one of the country’s primary exports, is expected to increase to $155.28 per kilogram, up from $153.87 the previous… Read More Here
DRC Subcontracting Sector Expands but Access Gaps Persist for Local Firms 9 Mining in DRC Governance 

DRC Subcontracting Sector Expands but Access Gaps Persist for Local Firms

Constance
DRC Subcontracting Market Hits $6.2 Billion as Limited Access Highlights Need for Local Inclusion The subcontracting sector in the Democratic Republic of the Congo is playing an increasingly important role in the national economy, according to new data published by the Regulatory Authority for Subcontracting in the Private Sector (ARSP) covering the 2023–2025 period. The figures highlight both strong market growth and ongoing challenges in ensuring broader access for local businesses. Out of approximately 15,000 companies registered under the subcontracting framework, only 3,439 secured contracts, representing an access rate of… Read More Here
DRC Engages Polish Investors to Boost Local Mining Equipment Manufacturing 10 Mining in DRC Equipment & Technology 

DRC Engages Polish Investors to Boost Local Mining Equipment Manufacturing

Constance
DRC Courts Polish Investment to Build Mining Equipment Industry and Drive Industrialization Louis Watum Kabamba met with a delegation of Polish investors in Kinshasa on April 29, 2026, signaling a push to attract higher-value industrial investments into the country’s mining sector. The delegation was led by Dawid Kostempski and included Marie-Claire Kengo, who heads the Network of Friendship and Cooperation between the Democratic Republic of the Congo and Poland. Industrial Ambitions in the Mining Sector The Polish investors outlined plans to establish a local manufacturing facility for machinery used in… Read More Here

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