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Category: Mining in DRC

DRC Launches Tender to Revive Key Northeastern Railway Corridor 1 Mining in DRC Contracts & tenders Transport and Logistics 

DRC Launches Tender to Revive Key Northeastern Railway Corridor

Constance
The government of the Democratic Republic of Congo has launched an international tender to restore and modernize the Bumba–Aketi–Buta–Mungbere railway, an 870-kilometre line in the northeastern part of the country. The tender was officially announced on May 2, 2025, by the Ministry of Transport in Kinshasa. This narrow-gauge railway (0.60 meters), with rails ranging from 18 to 33 kg/m, was once a backbone of the regional economy, transporting agricultural and mineral products. However, it has been in disrepair since the late 1990s, following decades of neglect and the collapse of… Read More Here
DRC Partners with Former US Navy SEAL Erik Prince to Secure Mining Revenues 2 Mining in DRC Partnership 

DRC Partners with Former US Navy SEAL Erik Prince to Secure Mining Revenues

Constance
The Democratic Republic of Congo (DRC) has signed an agreement with Erik Prince, a former US Navy SEAL and founder of the private military company Blackwater, to help secure its mining revenues. The agreement, reached several months ago before the January 2025 rebel offensive by M23 forces, aims to improve transparency in the extractive industries and ensure that production and revenues are distributed in line with the Congolese Mining Code. The initiative targets smuggling and corruption, which continue to cause substantial revenue losses. Initial operations were reportedly planned for the… Read More Here
DRC Finalises Division of Cuvette Centrale with 52 New Oil Exploration Blocks 3 Mining in DRC Exploration Oil & Gas 

DRC Finalises Division of Cuvette Centrale with 52 New Oil Exploration Blocks

Constance
The Democratic Republic of Congo (DRC) has officially opened 52 new oil exploration blocks in the Cuvette Centrale sedimentary basin, according to a recent announcement by Minister of Hydrocarbons, Aimé Sakombi Molendo. This marks the completion of the basin’s division into exploration zones. The process was carried out in coordination with the Ministry of Environment to ensure that boundaries of protected areas were respected. The newly designated blocks add to the three exploration areas previously awarded to state-owned COMICO, located in Mbandaka, Lokoro, and Busira. The Cuvette Centrale region is… Read More Here
Belgium-DRC: Former colonial power Belgium retains diamond mining interests in the DRC 4 Diamond Mining in DRC 

Belgium-DRC: Former colonial power Belgium retains diamond mining interests in the DRC

admin
Former colonial power Belgium retains mining interests in the DRC, particularly in diamonds and critical metals. Brussels is now demonstrating its willingness to strengthen its ties with Kinshasa, amid growing geopolitical rivalries over Congolese minerals. Belgian Foreign Minister Maxime Prévot (pictured, right) indicated this week that the kingdom is willing to strengthen its relations with the DRC in the mining sector. While we await a response from Kinshasa and details of this additional commitment from Brussels, we take a look back at the existing ties between the former colonial power… Read More Here
DRC Engages EU on Peace and Aid as PM Suminwa Meets Great Lakes Envoy 5 Mining in DRC Governance 

DRC Engages EU on Peace and Aid as PM Suminwa Meets Great Lakes Envoy

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, to discuss the EU’s continued support for humanitarian aid and peace initiatives in the Democratic Republic of Congo (DRC). “It was a very warm exchange,” said Borgstam. “We discussed the EU’s support for humanitarian operations in eastern DRC, ongoing peace processes, and development cooperation projects. The EU has already delivered over 100 tons of humanitarian aid, now in Goma.” He also welcomed recent diplomatic progress,… Read More Here
Ivanhoe Mines Confirms Kamoa-Kakula Achieved a Record 50,176 Tonnes of Copper Production in April 6 Mining in DRC Copper Corporate News 

Ivanhoe Mines Confirms Kamoa-Kakula Achieved a Record 50,176 Tonnes of Copper Production in April

Constance
 Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President and Chief Executive Officer Marna Cloete announced today that the Phase 1, 2, and 3 concentrators at the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) achieved a monthly combined production record of 50,176 tonnes of copper in concentrate during the 30 days of April. The concentrators milled 1.35 million tonnes of ore at an average feed grade of 4.19% copper during the month. The recently ramped-up Phase 3 concentrator achieved an average recovery rate of… Read More Here
KoBold Metals Expands Presence in DRC with New Leadership Appointment 7 Mining in DRC Mining Personality New Mining Projects 

KoBold Metals Expands Presence in DRC with New Leadership Appointment

Constance
US-based KoBold Metals, a mineral exploration company backed by high-profile investors including Bill Gates and Jeff Bezos, has announced further expansion into the Democratic Republic of the Congo (DRC) with the appointment of Benjamin Katabuka as Director-General for its DRC operations. KoBold is best known for its data-driven exploration approach, using artificial intelligence to pinpoint untapped mineral resources. The company has already drawn attention with a bid for the Manono project—one of Africa’s largest known lithium deposits, which also contains significant tin reserves. Katabuka stated that KoBold plans to apply… Read More Here
DRC Shifts Focus to Mining Sector Diversification for Sustainable Growth 8 Mining in DRC 

DRC Shifts Focus to Mining Sector Diversification for Sustainable Growth

Constance
The Democratic Republic of Congo (DRC), through the Ministry of Mines, has launched a renewed drive to diversify its mining sector. This initiative is aimed at strengthening the country’s economic resilience and supporting inclusive, sustainable development. According to a statement from the Ministry of Mines, Minister Kizito Pakabomba is leading efforts to reduce the nation’s overreliance on copper and cobalt by expanding into other strategic minerals such as lithium, gold, and rare earth elements. “The Minister of Mines, Kizito Pakabomba, is initiating a new approach to diversify the mining sector… Read More Here
South Kivu Governor Warns of Fake Mining Documents Circulated from Bujumbura 9 Mining in DRC 

South Kivu Governor Warns of Fake Mining Documents Circulated from Bujumbura

Constance
On Thursday, May 1, 2025, South Kivu Governor Jean-Jacques Purusi issued a formal letter to the heads of the Territorial and Urban-Territorial Mining Offices, raising alarm over the circulation of falsified mining documents reportedly produced outside the province, particularly in Bujumbura, Burundi. According to the governor, several unauthorized and counterfeit documents—including receipt books, vignettes, trader cards, and artisanal mining operator cards—have been identified. These materials, he said, were printed without the knowledge or authorization of the Provincial Government and lack the legally required signature of the Provincial Minister of Mines,… Read More Here
Carter Center Urges DRC to Reform Mining Tax System for Greater Revenue 10 Mining in DRC Mining tax 

Carter Center Urges DRC to Reform Mining Tax System for Greater Revenue

Constance
In a newly released study titled “Between Hopes and Realities: A Critical Look at the Tax Regime of the Revised Mining Code of March 2018 and Its Impact on Revenue Maximization,” the Carter Center has called on the Democratic Republic of Congo (DRC) to overhaul its mining tax system and modernize tax administration to better capitalize on the country’s vast mineral wealth. Published on April 30, the report comes seven years after the revised Mining Code came into effect. According to Romain Ravet, the Carter Center’s country representative in the… Read More Here

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