You are here

Category: Mining in DRC

U.S. Oversees Signing of Peace Declaration Between DRC and Rwanda 1 Mining in DRC Governance 

U.S. Oversees Signing of Peace Declaration Between DRC and Rwanda

Constance
On Friday, April 25, 2025, U.S. Secretary of State Marco Rubio presided over the signing of a Declaration of Principles between the Government of the Democratic Republic of Congo (DRC) and the Government of Rwanda, according to the U.S. Embassy in the DRC. The DRC’s Minister of Foreign Affairs, Thérèse Kayikwamba Wagner, signed on behalf of the Congolese government, while Rwanda’s Minister of Foreign Affairs, Olivier Nduhungirehe, signed for the Rwandan side. Deputy Secretary of State Christopher Landau, Senior Advisor for Africa Massad Boulos, and Ambassador Troy Fitrell also attended… Read More Here
U.S. Reaffirms Support for Lobito Corridor to Boost DRC and Regional Economies 2 Mining in DRC Angola Economy Mining in Zambia Transport and Logistics 

U.S. Reaffirms Support for Lobito Corridor to Boost DRC and Regional Economies

Constance
On April 17, 2025, U.S. Senior Advisor Massad Boulos announced that Washington would continue supporting the Lobito Corridor, a major rail and road project connecting the Democratic Republic of Congo’s (DRC) mineral-rich regions to Angola’s Atlantic port. The statement followed his visit to the DRC, Rwanda, Uganda, and Kenya. “We fully support the Lobito Corridor, a huge project vital not only for the economies of Congo, Zambia, and Angola but for the entire region,” Boulos said during a press briefing. He noted that the U.S. Development Finance Corporation is a… Read More Here
Rome Resources to Resume Drilling at Bisie North as Security Improves in Eastern DRC 3 Mining in DRC Corporate News Drilling New Mining Projects 

Rome Resources to Resume Drilling at Bisie North as Security Improves in Eastern DRC

Constance
On April 24, 2025, Rome Resources announced plans to resume drilling at its Bisie North tin project in eastern Democratic Republic of Congo (DRC), after suspending operations on March 14 due to security concerns. The company aimed to restart drilling within 10 days, targeting high-grade tin deposits at greater depths. This phase was budgeted at $1.6 million, funded from Rome’s $2.7 million in cash reserves. The decision followed the withdrawal of the M23 rebel group from the region and Alphamin Resources’ April 9 announcement of a gradual restart of production… Read More Here
Gold Prices Set to Surge Beyond $4,000 as DRC Output Slumps 4 Mining in DRC Economy Gold 

Gold Prices Set to Surge Beyond $4,000 as DRC Output Slumps

Constance
Gold prices could soar past $4,000 per ounce in 2026, according to a JP Morgan note published on April 22, 2025. The American bank attributed its bullish forecast to growing recession risks in the U.S. and ongoing trade tensions between Washington and Beijing. JP Morgan projected that gold would average $3,675 per ounce by the fourth quarter of 2025 and surpass $4,000 in the second quarter of 2026. The bank also warned that prices could break these thresholds even earlier if demand exceeds expectations. While global prices were set to… Read More Here
Gold and Copper Prices Rose as Cobalt and Tin Weakened in DRC Export Market 5 Mining in DRC Cobalt Copper Tin 

Gold and Copper Prices Rose as Cobalt and Tin Weakened in DRC Export Market

Constance
The Democratic Republic of Congo’s Ministry of Foreign Trade released updated export price lists for the week of April 21, 2025, showing a mixed performance across key mining commodities. Gold and copper recorded gains after a previous week of overall declines. Gold was priced at $103.32 per gram, up from $99.34, while copper increased to $9,108.55 per tonne from $8,869.35. The previous week, both commodities had fallen, with gold slipping from $99.84 to $99.34 per gram and copper declining from $9,710.30 to $8,869.35 per tonne—a decrease of around 1%. Meanwhile,… Read More Here
Angola to Anchor New Africa-Latin America Copper Route 6 Copper Angola Mining in DRC Transport and Logistics 

Angola to Anchor New Africa-Latin America Copper Route

Constance
The multinational company PLASFER, which specializes in raw material exports, is advancing administrative and technical processes to leverage the Lobito Corridor as a “New Copper Industry Export Route.” This strategic logistics route aims to connect the Democratic Republic of Congo (DRC), Angola, Latin America, and Europe. PLASFER has spent over three years developing an innovative project in the DRC, in collaboration with partners across Europe and the Americas. The company considers this new logistics initiative one of the most significant developments in African trade in the past 50 years, as… Read More Here
Fifteen years on, SRK’s growing footprint embedded in DRC mining evolution 7 Mining in DRC Sponsored Content 

Fifteen years on, SRK’s growing footprint embedded in DRC mining evolution

Constance
Having been active in the Democratic Republic of Congo (DRC) since the 1990s, SRK Consulting’s work in the country has diversified considerably – especially since it established its country office in Lubumbashi fifteen years ago in 2010. Celebrating this milestone ahead of the upcoming DRC Mining Week in June, SRK Consulting Congo chairman Dominique Sambwa notes that the formal collaboration between SRK Consulting Congo and their colleagues in South Africa (SA) and China continues to assist the growing number of mining clients who are China-based. “We value the contribution made… Read More Here
DRC Mines Minister Applauds CEEC Efforts to Enhance Transparency and Excellence 8 Mining in DRC 

DRC Mines Minister Applauds CEEC Efforts to Enhance Transparency and Excellence

Constance
On Monday, April 14, 2025, Democratic Republic of Congo’s Minister of Mines, Kizito Pakabomba, paid a working visit to the headquarters of the Center for Expertise, Evaluation and Certification of Precious and Semi-Precious Mineral Substances (CEEC) in Kinshasa. The Minister was received by Board Chairman Dave Kalemba Kashama, Director General Freddy Muamba, and Deputy Director General Kinyoka Kabalumuna God’el. The visit featured in-depth discussions with the management team on the centre’s operations, challenges, and strategic goals. A guided tour of the technical department followed, giving the Minister a first-hand look… Read More Here
Alphamin Resumes Tin Production at Bisie Mine Following Rebel Withdrawal 9 Mining in DRC Tin 

Alphamin Resumes Tin Production at Bisie Mine Following Rebel Withdrawal

Constance
Alphamin Resources has resumed tin production at its Bisie mine in eastern Democratic Republic of Congo after M23 rebels withdrew from the nearby town of Walikale. The company announced that it is currently processing stockpiled tin ore, with full underground mining operations expected to restart later this month as employees return to the site. Operations at Bisie, which supplies approximately 6% of the world’s tin, were suspended in March due to the rebel group’s advance into Walikale. The M23, a militia reportedly backed by Rwanda, had earlier taken control of… Read More Here
Erik Prince Tapped to Help DRC Curb Mineral Smuggling and Boost Revenue Amid Conflict 10 Mining in DRC Governance 

Erik Prince Tapped to Help DRC Curb Mineral Smuggling and Boost Revenue Amid Conflict

Constance
Prominent Trump ally and founder of Blackwater, Erik Prince, has reached an agreement with the Democratic Republic of Congo (DRC) to assist the government in securing and properly taxing its mineral wealth. This deal, which predates the recent M23 rebel offensive, is part of a broader effort to increase state revenues in a sector plagued by smuggling, corruption, and armed conflict. The agreement was made with Congo’s Ministry of Finance, according to two sources close to Prince, a Congolese government official, and two diplomats. Prince’s team is expected to focus… Read More Here

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Copperbelt Katanga Mining will use the information you provide on this form to be in touch with you and to provide updates and marketing.