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Category: Mining in DRC

DRC Leads Regional Push Against Mineral Smuggling at CIRGL Ministers' Meeting in Lusaka 1 Mining in DRC Mining in Zambia 

DRC Leads Regional Push Against Mineral Smuggling at CIRGL Ministers’ Meeting in Lusaka

Constance
The Minister of Mines of the Democratic Republic of Congo, His Excellency Mr. Kizito Pakabomba, participated in an extraordinary meeting of Mines Ministers from member states of the International Conference on the Great Lakes Region (ICGLR), held in Lusaka, Zambia. This high-level gathering followed two major technical meetings previously held in Nairobi, Kenya: the 26th session of the ICGLR Audit Committee and the 30th session of the Regional Committee of the Regional Initiative against the Illegal Exploitation of Natural Resources (RINR). Central to the discussions was the DRC’s formal denunciation… Read More Here
DRC Reaffirms Commitment to Responsible Mining at OECD Forum in Paris 2 Mining in DRC Events & Expos 

DRC Reaffirms Commitment to Responsible Mining at OECD Forum in Paris

Constance
On an official visit to Paris, the Deputy Minister of Mines, Godard Motemona, represented the Democratic Republic of Congo (DRC) at the 18th edition of the OECD Forum on Responsible Mineral Supply Chains. Speaking before African Ministers of Mines and global stakeholders, Motemona reaffirmed the DRC’s commitment—under the leadership of President Félix Tshisekedi and Prime Minister Judith Suminwa—to play a pivotal role in the global energy transition as a key source of strategic minerals. He emphasized the country’s vast mineral potential and advocated for increased local processing, improved mineral certification,… Read More Here
Katende Hydropower Plant to Deliver 32 MW in First Phase Within 24 Months 3 Mining in DRC Hydro power plant 

Katende Hydropower Plant to Deliver 32 MW in First Phase Within 24 Months

Constance
The consulting firm overseeing the Katende Hydropower Plant in the Democratic Republic of Congo (DRC) has announced that the project’s first phase will generate 32 megawatts of electricity within 24 months. Located in Kasai Central province, the project is part of the national strategy to expand electricity access in central DRC. The initial phase includes the installation of two 16 MW turbines and the construction of a transmission line to the city of Kananga. The DRC government has secured financing for the project and established oversight structures, including an engineering… Read More Here
Twangiza Mining Suspends Operations in South Kivu Amid Provincial Orders 4 Mining in DRC 

Twangiza Mining Suspends Operations in South Kivu Amid Provincial Orders

Constance
Twangiza Mining SA has announced the suspension of all operations in South Kivu, following directives issued by the province’s new administration. In a statement released on Friday, May 9, General Manager Chao Xianfeng confirmed that all company machinery and vehicles have been parked while awaiting further instructions from senior management. As part of the suspension, the company is also reducing the number of staff residing in company housing. Non-resident employees have been advised not to report to work during this period. Department heads have been instructed to identify affected personnel… Read More Here
DRC Prioritizes Cobalt Governance and Value Addition in Talks with IMF 5 Mining in DRC Battery Metals Cobalt 

DRC Prioritizes Cobalt Governance and Value Addition in Talks with IMF

Constance
The Democratic Republic of Congo (DRC) is intensifying efforts to assert greater control over its cobalt sector—one of the world’s most strategic mineral resources—following a high-level meeting held on May 8, 2025, between the Minister of Mines, Kizito Pakabomba Kapinga Mulume, and a delegation from the International Monetary Fund (IMF) led by Calixte Ahokpossi. The meeting was part of the IMF’s first review of the DRC’s Economic Program, backed by the Extended Credit Facility (ECF). Key representatives from ARECOMS and the Technical and Coordination Unit of Mining Projects (CTCPM) also… Read More Here
Ivanhoe Reaches Flatreef’s Rich Multimetal Orebody After 30-Year Quest 6 Mining in DRC Copper Gold New Mining Projects Nickel 

Ivanhoe Reaches Flatreef’s Rich Multimetal Orebody After 30-Year Quest

Constance
Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President and Chief Executive Officer Marna Cloete announced that mining crews have driven underground development into the high-grade platinum, palladium, rhodium, nickel, gold, and copper orebody for the first time, as the mine rapidly advances to commercial production later this year. The significant milestone comes over 30 years since Ivanplats, the company’s subsidiary, acquired the first exploration licence and 15 years since the discovery of the 26-metre thick, flat-lying Flatreef orebody was announced. Today’s milestone also comes nine years… Read More Here
Soventix Joins Solar-Storage Project to Power DRC’s Kamoa-Kakula Copper Mine 7 Mining in DRC Corporate News Energy 

Soventix Joins Solar-Storage Project to Power DRC’s Kamoa-Kakula Copper Mine

Constance
German solar energy company Soventix GmbH will play a key role in the development of a large-scale solar and battery storage project to power the Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC). The company announced its participation on April 30, 2025. Soventix will be responsible for planning, project management, and supplying key components. The project is being led by CrossBoundary Energy, a developer specializing in renewable energy solutions for commercial and industrial clients, which will operate the facility. Earlier in April, Kamoa Copper—the owner of the Kamoa-Kakula… Read More Here
Zambia Approves Cross-Border Power Line to DRC Amid Growing Mining Demand 8 Mining in Zambia Electricity Mining in DRC 

Zambia Approves Cross-Border Power Line to DRC Amid Growing Mining Demand

Constance
Zambia’s Energy Regulation Board has approved the Kalumbila-Kolwezi Interconnection Project (KKIP), paving the way for a new 330 kV high-voltage transmission line linking Zambia and the Democratic Republic of Congo (DRC). The approval, granted on May 6, 2025, marks a major milestone in the development of the 190-kilometre project. Led by Enterprise Power DRC (Enpower), a private electricity trading firm, the KKIP has been in development for several years. While Zambia’s greenlight is a key step forward, the project is still awaiting approval from the DRC’s electricity regulator. Comprehensive feasibility… Read More Here
Tantalite Prices Surge Amid DRC Supply Disruptions and Ongoing Conflict 9 Mining in DRC 

Tantalite Prices Surge Amid DRC Supply Disruptions and Ongoing Conflict

Constance
Tantalite prices have surged by 25% since January 2025, reaching their highest levels since April 2023. According to sources, the ore is now trading between $100 and $105 per pound on the European spot market. The upward trend began in February, when data provider Argus raised its price estimates to $80–$88 per pound, up 8% from the previous range of $75 to $81. This rally is primarily driven by declining supply from the Democratic Republic of Congo (DRC), the world’s leading producer of tantalum. In 2023, the DRC accounted for… Read More Here
KoBold Seeks Lithium Stake in DRC’s Manono Amid Legal Dispute and Geopolitical Shifts 10 Mining in DRC Battery Metals Corporate News Lithium New Mining Projects 

KoBold Seeks Lithium Stake in DRC’s Manono Amid Legal Dispute and Geopolitical Shifts

Constance
KoBold Metals, a U.S.-based mining company backed by prominent investors including Bill Gates and Jeff Bezos, is intensifying efforts to secure rights to the Manono lithium deposit in the Democratic Republic of Congo (DRC)—a site widely regarded as a potential world-class lithium mine. A January 2024 estimate suggests Manono holds 669 million tonnes of resources with an average grade of 1.61% lithium. On May 6, 2025, KoBold and Australia’s AVZ Minerals issued a joint statement titled Developing Manono for Peace and Prosperity, signed by their CEOs, Kurt House and Nigel… Read More Here

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