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Category: Mining in DRC

SADC Launches Lobito Corridor Transit Secretariat to Boost Regional Trade and Infrastructure 1 Transport and Logistics Angola Mining in DRC Mining in Zambia 

SADC Launches Lobito Corridor Transit Secretariat to Boost Regional Trade and Infrastructure

Constance
The Southern African Development Community (SADC) Secretariat, in partnership with the three Lobito Corridor Member States, has officially launched the Lobito Corridor Transit Transport Interim Secretariat Headquarters in Lobito, Angola. This announcement follows the 2nd Lobito Corridor Committee of Ministers meeting held on January 22, 2025. At the meeting, Honourable Ricardo Viegas de Abreu, Minister of Transport for Angola, emphasized the strategic role of the Lobito Corridor in promoting intra-African trade and enhancing Africa’s competitiveness in the global market. He explained that planned infrastructure developments would reduce transit times and… Read More Here
Grand Inga Dam Project Faces Major Delays Despite Huge Potential for Africa’s Energy Future 2 Mining in DRC Hydro power plant 

Grand Inga Dam Project Faces Major Delays Despite Huge Potential for Africa’s Energy Future

Constance
Plans to build the Grand Inga Dam on the Congo River, a colossal hydroelectric project that could provide renewable energy for much of Africa, continue to face significant challenges. The proposed dam, located in the Democratic Republic of Congo (DRC), aims to generate twice the power of China’s Three Gorges Dam, making it the world’s largest hydroelectric plant. However, despite its potential, the project remains in limbo. Originally envisioned as a transformative development, the Grand Inga Dam has attracted both international investors and governments. However, decades after its inception, construction… Read More Here
Tensions Between Rwanda and DRC Escalate Amid Ongoing M23 Conflict 3 Mining in DRC Regional conflict 

Tensions Between Rwanda and DRC Escalate Amid Ongoing M23 Conflict

Constance
Diplomatic relations between Rwanda and the Democratic Republic of the Congo (DRC) took a sharp turn this past weekend, as the DRC recalled its embassy staff from Kigali amidst escalating tensions linked to the ongoing conflict involving the March 23 Movement (M23) rebels. In a statement released on Saturday, the DRC’s Ministry of Foreign Affairs announced the decision to withdraw its diplomats from Rwanda, citing growing concerns over the situation. The statement also ordered the Rwandan embassy in Kinshasa to halt all diplomatic and consular activities within 48 hours. The… Read More Here
DRC Showcases Mining Potential at Future Minerals Forum 2025 4 Mining in DRC Events & Expos 

DRC Showcases Mining Potential at Future Minerals Forum 2025

Constance
The Democratic Republic of Congo (DRC) made a significant presence at the 4th edition of the Future Minerals Forum (FMF) 2025, held from January 14 to 16 in Riyadh, Saudi Arabia. With a delegation led by the Deputy Chief of Staff of the Ministry of Mines, Mr. Marcellin Paluku, and including key figures such as Popol MABOLIA YENGA, Director General of the Mining Cadastre (CAMI), the DRC highlighted its strategic role in the global mining sector. The FMF, with over 20,000 participants from governments, businesses, investors, and research institutes, served… Read More Here
DRC Achieves Record Coltan Exports in 2024 Despite Declining Production 5 Mining in DRC Coltan 

DRC Achieves Record Coltan Exports in 2024 Despite Declining Production

Constance
The Democratic Republic of Congo (DRC) exported a record 2,485 tonnes of coltan in the first nine months of 2024, surpassing the previous peak of 2,466 tonnes set in 2020, according to data released by the Ministry of Mines at the end of December 2024. However, the figures raise questions as they contrast with the production levels recorded during the same period. Coltan production for the first three quarters of 2024 amounted to just 872 tonnes, marking the lowest total since 2013 when the country produced only 358 tonnes. A… Read More Here
DRC Mining Exports Expected to Maintain Stability in January 2025 6 Mining in DRC 

DRC Mining Exports Expected to Maintain Stability in January 2025

Constance
Mining products exported from the Democratic Republic of Congo (DRC) are expected to experience a period of stability during the week of January 20-25, 2025, according to the National Commission of Price Mercurials of the Ministry of Foreign Trade. The price of copper, a crucial driver of the DRC’s economy, is expected to settle at USD 8,802.35 per ton. The DRC, currently the world’s third-largest producer of copper behind Chile, relies heavily on this mineral, which accounts for over 90% of the country’s extractive sector exports. In 2022, the country… Read More Here
DRC Diamond Exports Reach USD 66.4 Million in Q3 2024, Driven by Artisanal Production 7 Mining in DRC Artisanal mining Diamond 

DRC Diamond Exports Reach USD 66.4 Million in Q3 2024, Driven by Artisanal Production

Constance
In the third quarter of 2024, the Democratic Republic of Congo (DRC) saw diamond exports generate approximately USD 66.4 million, according to a report from the Technical Cell for Coordination and Mining Planning (CTCPM). The artisanal sector led the exports, with approximately 7.4 million carats exported, yielding an estimated USD 42.8 million in revenue. Export data by comptoir reveals that MALABAR was the leading exporter, accounting for 32% of the total quantity, followed by DIAMAZ with 21%, SAGA at 16%, AMAZONA at 19%, and MIABI at 9%. The MIABI comptoir… Read More Here
President Tshisekedi Outlines Vision for Sustainable Growth at World Economic Forum 8 Mining in DRC Events & Expos 

President Tshisekedi Outlines Vision for Sustainable Growth at World Economic Forum

Constance
During his address at the World Economic Forum in Davos, Switzerland, on Wednesday, January 22, 2025, Democratic Republic of Congo (DRC) President Félix Tshisekedi unveiled a bold plan to transform the nation’s economy while reducing its carbon footprint. Emphasizing the potential of renewable energy sources like solar, hydroelectric, and wind technologies, Tshisekedi highlighted the DRC’s natural advantages as the foundation for a sustainable future. “By harnessing the power of our rivers and the abundance of sunshine that bathes our lands, we will build a sustainable energy infrastructure to power local… Read More Here
DRC President Advocates for Global Cooperation on Ambitious Green Corridor Project 9 Mining in DRC 

DRC President Advocates for Global Cooperation on Ambitious Green Corridor Project

Constance
On Saturday, January 18, 2025, President Félix-Antoine Tshisekedi reaffirmed the Democratic Republic of Congo’s (DRC) commitment to the groundbreaking “Green Corridor” project, which aims to strengthen the surveillance of protected areas while promoting sustainable development. This initiative, launched in December 2024 by Minister of Environment and Sustainable Development Eve Bazaiba, seeks to address critical environmental, economic, and social challenges. Speaking during a New Year’s reception with ambassadors accredited to the DRC, President Tshisekedi emphasized that the “Green Corridor” is more than just an environmental effort. “This project is a comprehensive… Read More Here
CAMI Chair Denounces Illegal Mining in Tshopo Province, Promises Reforms 10 Mining in DRC Artisanal mining 

CAMI Chair Denounces Illegal Mining in Tshopo Province, Promises Reforms

Constance
During a mission to Kisangani, Crispin Mbindule, President of the Board of Directors of the Mining Registry (CAMI), confirmed the illegal exploitation of mining resources in Mangi, Tshopo Province. After verifying reports, Mbindule acknowledged the claims made by civil society. “Indeed, the allegations of illegal mining activities in Mangi are true. We found that several companies are operating without valid permits,” he stated. On Thursday, January 23, 2025, Mbindule met with the president of the civil society in Banalia Territory and the provincial Mining Cadastre directorate to address issues related… Read More Here

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