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Category: Mining Policy

CNPAVa a Congolese NGO Condemns Minister of Hydrocarbons for Illicit Oil and Gas Deals 1 Mining in DRC Mining Policy Oil & Gas 

CNPAVa a Congolese NGO Condemns Minister of Hydrocarbons for Illicit Oil and Gas Deals

Constance
The Congo N’est Pas à Vendre (CNPAV) coalition has strongly criticized Minister of Hydrocarbons, Didier Budimbu, accusing him of maintaining a lack of transparency in the selection process for certain oil blocks. These concerns were expressed during a press conference held in Kinshasa on Friday, June 2. In response, the CNPAV has called on the government to prioritize complete transparency to prevent costly errors that have significant financial implications for the country due to opaque practices. Congo Not For Sale has identified four (4) irregularities in the process of awarding… Read More Here
CNPAV a Congolese NGO has questioned the many advantages granted to Primera Gold and Primera Metals 2 Mining in DRC Mining Policy 

CNPAV a Congolese NGO has questioned the many advantages granted to Primera Gold and Primera Metals

arnbethnic
Félix Tshisekedi during the signing of the contract that led to the creation of the companies Primera Gold DRC (gold) and Primera Metals DRC (3T). Third-Party Rights. BY DESKECO – 04 JUNE 2023 09:19, IN ​​NEWS During its press conference held on Friday June 2 in Kinshasa, Congo N’est Pas à Vendre (CNPAV) congratulated the Congolese government for the publication of the Partnership Contract on the creation of the companies Primera Gold and Primera Metals. However, the coalition also called on the government to disclose the full list of the beneficial owners of… Read More Here
DRC Government promises drastic measures against fraud at border posts 3 Mining in DRC Mining Policy 

DRC Government promises drastic measures against fraud at border posts

arnbethnic
The Prime Minister, Jean-Michel Sama Lukonde Kyenge, chaired, this Wednesday, May 31, 2023, the traditional meeting of the Economic Situation Committee which reviewed several issues related to the smooth running of the country on the socio-economic level for the week of May 22 to 26, 2023.  In addition to the prices of goods and services on the markets and the exchange rate which have remained more or less stable as well as the foreign exchange reserves which have held up well, the Deputy Prime Minister, Minister of the National Economy,… Read More Here
Congo President heads to China amid mining contract negotiations 4 Mining in DRC Mining Policy 

Congo President heads to China amid mining contract negotiations

Copperbelt Katanga News
Democratic Republic of Congo President Felix Tshisekedi will visit China next week as the two nations look to conclude the re-negotiation of a $6.2 billion mineral-for-infrastructure deal, people with direct knowledge of the trip said. It’s the president’s first visit to the country, Congo’s biggest trading partner. The two nations did $21.7 billion of trade in 2022, according to data compiled by Bloomberg. The trip comes as Tshisekedi prepares for elections scheduled for December. Spokespeople for the president and the government didn’t respond to text messages requesting comment. China’s Foreign Ministry… Read More Here
Unleashing Africa's Resource Potential 5 Economy Mining Policy 

Unleashing Africa’s Resource Potential

Constance
According to a recent World Bank report titled “Africa’s Resource Future,” released on Friday 12th May, African countries are currently capturing only about 40 percent of the revenue they could potentially derive from their abundant natural resources. This situation is exacerbated by slow economic growth and high levels of debt. However, by adopting a better policy mix, implementing reforms, improving tax administration, and promoting good governance, these nations have the potential to more than double their revenues from minerals, oil, and gas. Full taxation of natural resources is crucial not… Read More Here
Miguel Kashal Katemb launches control in main and subcontractor companies in the DRC 6 Mining in DRC Environment Social Governance (ESG) Mining Policy 

Miguel Kashal Katemb launches control in main and subcontractor companies in the DRC

arnbethnic
The Director General of the Regulatory Authority for Subcontracting in the Private Sector (ARSP), Miguel Kashal Katemb, has officially launched the control of the rules of subcontracting in the main and subcontracting companies. This activity comes after its announcement a few weeks ago. Through an official message, the Director General Miguel Kashal makes it known that this campaign aims to apply the vision of the Head of State in the sector, to stop the system of nominees and the end of the phenomenon of vouchers. order which are given according… Read More Here
First meeting of the National Consultation Framework of Stakeholders in the DRC Mining Sector 7 Mining in DRC Environment Social Governance (ESG) Mining Policy 

First meeting of the National Consultation Framework of Stakeholders in the DRC Mining Sector

arnbethnic
On Thursday, April 20, 2022, at the Salon Rouge of the Fleuve Congo Hotel, the Prime Minister, Jean-Michel Sama Lukonde, participated in the first meeting of the National Consultation Framework of Stakeholders in the mining sector. The Government Chief presided over the opening ceremony of this Forum on behalf of the President of the Republic, which aims to reflect on the modernization of artisanal mining in the DRC. The Forum brings together more than 150 participants who will discuss the challenges of modernizing artisanal mining in the DRC. The Presidential… Read More Here
DRC Adopts a draft decree establishing the public institution called “Inspection Générale des Mines” 8 Mining in DRC Environment Social Governance (ESG) Mining Policy 

DRC Adopts a draft decree establishing the public institution called “Inspection Générale des Mines”

arnbethnic
The Congolese government has adopted a draft decree establishing the creation, organization, and functioning of a public service called the “Inspection Générale des Mines” (IGM for short). It was presented by the Minister of Mines, Antoinette N’samba, during the 94th meeting of the Council of Ministers held on Friday, April 14, 2023. “The General Inspection of Mines” (IGM) has, among other missions, the task of combating all forms of mining fraud and smuggling, designing, implementing, and ensuring the monitoring of practical collaboration measures in the field between public services and… Read More Here
LICOCO warns of attempts to undermine revision of Chinese contract in DRC, praises IGF report on SICOMINES 9 Mining in DRC Mining Policy 

LICOCO warns of attempts to undermine revision of Chinese contract in DRC, praises IGF report on SICOMINES

Copperbelt Katanga News
The Congolese League Against Corruption (LICOCO) has issued a statement warning of the presence of individuals “clearly aligned with the Chinese cause” in the preparatory work for the revision of the Chinese contract. These individuals are suspected of working to undermine the efforts of the Democratic Republic of Congo (DRC) to reach an amendment to the SICOMINES convention, as desired by the President of the Republic and the head of state. LICOCO is an NGO that campaigns against corruption in the DRC and has praised the report of the Inspectorate… Read More Here
Cobalt Institute Meets with Deputy Minister of Mines for Honest Engagement 10 Mining in DRC Environment Social Governance (ESG) Mining Policy 

Cobalt Institute Meets with Deputy Minister of Mines for Honest Engagement

arnbethnic
The Cobalt Institute aims for a win-win partnership in the exploitation of Cobalt in the Democratic Republic of Congo mines. The importance of honest engagement with all stakeholders in the Cobalt sector was discussed during a meeting on Wednesday, March 22, 2023, at the office of the Minister of Mines, Antoinette N’Samba Kalambayi. The Deputy Minister of Mines, Godard Motemona, met with the delegation from the Cobalt Institute. According to Marina Demidova, the head of the delegation, the discussions aimed to establish a win-win partnership between the DRC and the… Read More Here

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