Gold and Copper Prices Rose as Cobalt and Tin Weakened in DRC Export Market
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, cobalt and tin continued their downward trends. Cobalt traded at $33,222.00 per tonne, down from $35,142.00 the previous week, despite the Congolese government maintaining a suspension on cobalt exports.
Tin also posted a significant drop, falling to $30,891.00 per tonne from $35,743.75. Tin concentrate followed suit, declining to $9,854.23 per tonne from $11,402.26.
The resumption of Alphamin’s mining operations in Walikale was expected to impact tin supply and influence pricing, as tin remains a vital material for soldering in the technology industry.
