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DRC Mining Cadastre Reports Strong Revenue Growth and Advances in Mining Title Reforms 1 Mining in DRC 

DRC Mining Cadastre Reports Strong Revenue Growth and Advances in Mining Title Reforms

Constance
CAMI reports rising state revenues and major land recovery in DRC mining sector reform drive The Mining Cadastre (CAMI) presented its management report to members of the Senate’s ECOFIN and Good Governance Committee during a session held on May 8 in Kinshasa. The delegation, led by Board Chairman Crispin Mbindule Mitono and Director General Popol Mabolia Yenga, outlined recent institutional performance, governance improvements, and progress in managing mining titles and associated state revenues in the Democratic Republic of Congo. A key highlight of the presentation was the increase in revenue… Read More Here
Carter Center Backs DRC Mining Sector Audit as Govt Moves to Tighten Resource Governance 2 Mining in DRC Economy 

Carter Center Backs DRC Mining Sector Audit as Govt Moves to Tighten Resource Governance

Constance
Carter Center supports DRC mining audit targeting revenue repatriation, state mining firms, and joint venture governance The Carter Center has welcomed President Félix Tshisekedi’s decision to launch an audit of the Democratic Republic of Congo’s mining sector, approved during the 87th meeting of the Council of Ministers. The audit will focus on key governance areas, including compliance with obligations to repatriate mining export revenues, the management of mining joint ventures, and oversight of state-owned mining assets. In a statement issued on May 13, the organisation described the initiative as a… Read More Here
DRC Mining Revenue Reaches 7.9 Trillion CDF as Tax Authorities Dominate Collections 3 Mining in DRC Economy Mining tax 

DRC Mining Revenue Reaches 7.9 Trillion CDF as Tax Authorities Dominate Collections

Constance
DRC mining sector generates 7.9 trillion CDF in 2025 with tax authority DGI accounting for majority of revenues Mining revenues collected in the Democratic Republic of Congo (DRC) reached 7,947.5 billion Congolese francs in 2025, according to data published by the Technical Unit for Mining Coordination and Planning (CTCPM) under the Ministry of Mines. The figures show that the General Directorate of Taxes (DGI) remains the dominant revenue collector in the sector, accounting for 81% of total receipts, equivalent to 6,411.9 billion CDF. It is followed by the General Directorate… Read More Here
Illegal Mining Pressure Intensifies in DRC as ERG Reports Major Losses and Security Failures 4 Mining in DRC Cobalt Copper 

Illegal Mining Pressure Intensifies in DRC as ERG Reports Major Losses and Security Failures

Constance
ERG accuses organized illegal mining networks of costing up to $2bn annually in DRC copper and cobalt concessions Pressure is escalating across mining concessions in southeastern Democratic Republic of Congo (DRC), where Eurasian Resources Group (ERG) alleges that large-scale illegal mining networks are operating across several of its copper and cobalt sites in Lualaba and Haut-Katanga provinces. According to an internal report cited by industry sources, ERG’s subsidiaries including Comide, Swanmines, and Boss Mining estimate annual losses approaching $2 billion due to repeated incursions by artisanal and semi-organised miners into… Read More Here
Zambia approves limited sulphuric acid exports to DRC as copper smelters resume shipments 5 Mining in Zambia Copper 

Zambia approves limited sulphuric acid exports to DRC as copper smelters resume shipments

Constance
Zambia Eases Sulphuric Acid Export Ban as Copperbelt Supply Conditions Improve Zambia has approved the resumption of limited sulphuric acid exports to the Democratic Republic of Congo (DRC) after easing restrictions introduced earlier this year, according to the country’s trade minister. The decision allows two major copper producers Chambishi Copper Smelter and Mopani Copper Mines to restart shipments of the key industrial chemical used in copper and cobalt processing. Zambia, Africa’s second-largest copper producer, generates around 2 million metric tons of sulphuric acid annually as a byproduct of smelting operations.… Read More Here
EGC, EVelution Energy and Trafigura Sign MoU to Secure Congolese Cobalt Supply Chain to the US 6 Mining in DRC Battery Metals Cobalt Corporate News 

EGC, EVelution Energy and Trafigura Sign MoU to Secure Congolese Cobalt Supply Chain to the US

Constance
Trafigura, EGC and EVelution Energy agree cobalt supply deal to boost US battery and defense material supply chain Entreprise Générale du Cobalt (EGC), EVelution Energy, and commodity trader Trafigura have signed a memorandum of understanding (MoU) to establish a long-term supply framework for Congolese cobalt hydroxide exports to the United States. Under the proposed arrangement, and subject to definitive agreements, the partnership is expected to support EVelution Energy in supplying up to around 40% of projected US cobalt demand, according to Trafigura. The cobalt hydroxide would be sourced by EGC… Read More Here
Rio Tinto Appoints BP Executive Trudi Charles as Chief Legal, Governance and Corporate Affairs Officer 7 International Corporate News Mining Personality 

Rio Tinto Appoints BP Executive Trudi Charles as Chief Legal, Governance and Corporate Affairs Officer

Constance
Rio Tinto names Trudi Charles from BP as new chief legal officer to strengthen governance and corporate affairs leadership Diversified mining group Rio Tinto has appointed Trudi Charles as its new Chief Legal, Governance and Corporate Affairs Officer, succeeding Isabelle Deschamps. The appointment will take effect on August 1. Charles joins Rio Tinto from energy major BP, where she currently serves as Deputy General Counsel and Senior Vice President for Legal, Supply, Trading and Shipping. She has spent more than two decades at BP, holding a range of senior legal… Read More Here
Ghana Mining Industry Warns Lease Uncertainty Could Undermine Investment and Production Stability 8 International 

Ghana Mining Industry Warns Lease Uncertainty Could Undermine Investment and Production Stability

Constance
Ghana mining sector faces investor confidence risks over lease revocations and delayed renewals, industry warns Ghana’s mining investment environment is facing growing risks from lease revocations, delayed renewals, and broader policy uncertainty, which could increase operational costs and weaken investor confidence, according to the head of the country’s mining industry association. Kenneth Ashigbey, Chief Executive Officer of the Ghana Chamber of Mines, told Reuters that recent regulatory developments are raising concerns about the security of mining tenure in the country. He pointed to the revocation of certain mining leases held… Read More Here
Chile Appoints New Codelco Chairman as Govt Orders Audit Into Production and Financial Irregularities 9 International Corporate News Mining Personality 

Chile Appoints New Codelco Chairman as Govt Orders Audit Into Production and Financial Irregularities

Constance
Chile replaces Codelco chairman and launches audit amid copper production and financial concerns at world’s largest copper producer Chile’s government has appointed Bernardo Fontaine to replace Máximo Pacheco as chairman of Codelco, the world’s largest copper producer, marking a significant leadership change as the administration of newly inaugurated President José Antonio Kast intensifies scrutiny of the company’s debt levels, cost overruns, and production performance. Fontaine, an economist and corporate executive, will assume the role on May 26, coinciding with the end of Pacheco’s four-year term. The government also appointed Luz… Read More Here
ZCCM-IH Targets Larger Stakes in Zambia’s Mining Assets Under Commercial Expansion Strategy 10 Mining in Zambia Economy Investment News 

ZCCM-IH Targets Larger Stakes in Zambia’s Mining Assets Under Commercial Expansion Strategy

Constance
ZCCM-IH to increase minority stakes in Zambia copper mines under commercial terms as it expands royalty-based revenue model Zambia’s state-owned investment company ZCCM Investments Holdings (ZCCM-IH) plans to increase its minority stakes in selected mining assets, with any adjustments to be made strictly on commercial terms rather than through compulsory or forced divestments, according to Chief Executive Officer Kakenenwa Muyangwa. The move reflects a broader trend across African resource-rich economies seeking to secure a greater share of revenues from their mineral wealth, particularly as global demand for critical minerals accelerates… Read More Here

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