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Category: Mining in DRC

Barrick Advances Kibali Growth Strategy as Feasibility Work Continues at DRC Gold Mine 1 Mining in DRC Corporate News Gold 

Barrick Advances Kibali Growth Strategy as Feasibility Work Continues at DRC Gold Mine

Constance
Barrick’s Kibali Gold Mine Expansion Studies Continue as Company Focuses on Long-Term Growth in DRC Kibali remains a central part of Barrick Mining’s long-term strategy in the Democratic Republic of Congo, with ongoing feasibility and development studies indicating that the company continues to evaluate opportunities to extend the life and value of one of Africa’s largest gold mines. In late June, Thijs Goense announced that he had joined Barrick as a Feasibility Studies Manager at Kibali, a move that signals continued technical and development work at the operation as the… Read More Here
DRC Tax Authorities Seal KCC Facilities Amid Ongoing Tax Dispute With Glencore 2 Mining in DRC Copper Corporate News Mining tax 

DRC Tax Authorities Seal KCC Facilities Amid Ongoing Tax Dispute With Glencore

Constance
DRC Tax Authorities Seal Glencore’s Kamoto Copper Company Facilities as Tax Dispute Enters New Phase he tax dispute between Glencore and the Democratic Republic of Congo’s tax authorities has entered a new phase after the country’s General Directorate of Taxes (DGI) sealed several facilities operated by Kamoto Copper Company (KCC), the mining group’s subsidiary in Kolwezi, Lualaba Province. According to multiple local media reports, the enforcement action took place on 9 July 2026 as part of the DGI’s efforts to recover taxes it says are owed by Glencore’s Congolese subsidiaries.… Read More Here
Ivanhoe Mines Targets Higher Copper Production at Kamoa-Kakula in Second Half of 2026 3 Mining in DRC Copper Corporate News 

Ivanhoe Mines Targets Higher Copper Production at Kamoa-Kakula in Second Half of 2026

Constance
Ivanhoe Mines Expects Higher 2026 Copper Output as Kamoa-Kakula Ramps Up Production in DR Congo Ivanhoe Mines expects copper production at its flagship Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) to increase significantly during the second half of 2026 as mining operations accelerate and existing inventories are processed. The Canadian mining company said higher mining rates at the Kakula mine, combined with the planned drawdown of copper inventories, will support stronger production in the coming months, reinforcing Kamoa-Kakula’s position as one of the world’s largest and fastest-growing… Read More Here
DRC and Angola Central Banks Sign Cooperation Agreement to Deepen Financial Integration 4 Mining in DRC Angola Economy 

DRC and Angola Central Banks Sign Cooperation Agreement to Deepen Financial Integration

Constance
DRC and Angola Central Banks Sign MoU to Boost Cross-Border Payments, Financial Integration and Trade The Central Bank of Congo (BCC) and the National Bank of Angola (BNA) have signed a memorandum of understanding (MoU) to strengthen financial and monetary cooperation between the Democratic Republic of Congo (DRC) and Angola, marking a significant step toward deeper regional economic integration. The agreement was signed on July 8, 2026, in Luanda by BCC Governor André Wameso Nkualoloki and BNA Governor Manuel António Tiago Dias. It establishes a permanent framework for institutional collaboration… Read More Here
American Investment in Congo’s Minerals Faces Challenge as China Maintains Copper and Cobalt Dominance 5 Mining in DRC Cobalt Copper Investment News 

American Investment in Congo’s Minerals Faces Challenge as China Maintains Copper and Cobalt Dominance

Constance
American Mining Investment in DRC Unlikely to Disrupt China’s Dominance in Copper and Cobalt Supply Chains A year after the signing of the Washington Agreement between the Democratic Republic of the Congo (DRC) and Rwanda, researchers say growing US interest in Congolese minerals is unlikely to significantly change China’s dominance of the country’s copper and cobalt supply chains. Researchers Jason Stearns and Joshua Walker, speaking at an event hosted by journalist Stanis Bujakera, said the agreement’s economic ambitions face major challenges and that the diplomatic initiative has reached a difficult… Read More Here
DRC Moves Toward Launching First Stock Exchange to Expand Access to Capital 6 Mining in DRC Economy 

DRC Moves Toward Launching First Stock Exchange to Expand Access to Capital

Constance
DR Congo Plans First Stock Exchange as Mining Growth and Critical Mineral Demand Attract Investors The Democratic Republic of Congo (DRC) is preparing to launch its first stock exchange as the government seeks to develop domestic capital markets, attract investment and provide businesses with new sources of financing. Finance Minister Doudou Fwamba Likunde Li-Botayi said the planned exchange is expected to begin operations next year and will initially support trading in both the Congolese franc and the US dollar, reflecting the country’s highly dollarised economy. The government is working with… Read More Here
Rome Resources Reports Strong Tin Results at DRC’s Kalayi Deposit Ahead of Updated Resource Estimate 7 Mining in DRC Corporate News Drilling New Mining Projects Tin 

Rome Resources Reports Strong Tin Results at DRC’s Kalayi Deposit Ahead of Updated Resource Estimate

Constance
Rome Resources Completes Kalayi Tin Drilling in DR Congo as Updated Resource Estimate Targets Growth AIM-listed Rome Resources has received final assay results from its latest drilling campaign at the Kalayi deposit, part of the Bisie North Project in the Democratic Republic of Congo (DRC), paving the way for an updated mineral resource estimate (MRE) expected in July. The results complete the company’s recent drilling programme, which was designed to improve understanding of the deposit’s geology, confirm mineral continuity and increase confidence in the estimated tin resources. The current Kalayi… Read More Here
DR Congo Expects Stable Copper and Cobalt Output Despite Sulfuric Acid Supply Concerns 8 Mining in DRC Cobalt Copper 

DR Congo Expects Stable Copper and Cobalt Output Despite Sulfuric Acid Supply Concerns

Constance
DR Congo Says Copper and Cobalt Production Remains Resilient Despite Regional Chemical Supply Disruptions The Democratic Republic of Congo (DRC) does not expect major disruptions to copper and cobalt production in 2026 despite concerns over sulfuric acid supply shortages linked to regional geopolitical tensions, a senior mining official said. Sulfuric acid is a key input in the processing of copper and cobalt ores. Recent disruptions to regional supply chains, including reduced exports from Zambia, have raised concerns among some mining companies operating in the DRC. Zambia, a major supplier of… Read More Here
DRC Gold Trading Expands National Footprint with Planned North Ubangi Branch 9 Mining in DRC Economy Gold 

DRC Gold Trading Expands National Footprint with Planned North Ubangi Branch

Constance
DRC Gold Trading Plans North Ubangi Expansion to Strengthen Artisanal Gold Supply Network DRC Gold Trading S.A. plans to establish a new branch in North Ubangi Province as part of its strategy to expand its network for the collection, trading and export of artisanal gold. The company’s Chief Executive Officer, Joseph Kazibaziba Maombi, said North Ubangi is among the next locations targeted for expansion, although no opening date has been announced. The planned branch follows the company’s recent efforts to strengthen its presence across the Democratic Republic of Congo. DRC… Read More Here
Vinmart Group Expands DRC’s Industrial Capacity with Three New Manufacturing Plants 10 Mining in DRC Economy 

Vinmart Group Expands DRC’s Industrial Capacity with Three New Manufacturing Plants

Constance
Vinmart Opens Three Manufacturing Facilities in DR Congo to Boost Local Production and Industrial Growth The Vinmart Group has expanded its industrial footprint in the Democratic Republic of Congo with the inauguration of three new production facilities in Lubumbashi, aimed at increasing local manufacturing capacity and supporting the domestic supply of industrial equipment. The facilities were officially opened on Monday, July 6, 2026, during a ceremony attended by government officials, business leaders and representatives of the Vinmart Group. The event was co-chaired by Justin Kalumba Mwana Ngongo, Acting Minister of… Read More Here

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