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DRC Seeks Strategic Investors to Develop Its Untapped Mineral Wealth 1 Mining in DRC 

DRC Seeks Strategic Investors to Develop Its Untapped Mineral Wealth

Constance
DRC Invites Global Investors to Unlock 90% of Untapped Mineral Resources The Democratic Republic of Congo (DRC) is calling for international investment to unlock the 90% of its vast mineral resources that remain untapped, according to Louis Watum Kabamba, the country’s Minister of Mines. Speaking at African Mining Week 2025 in Cape Town, Minister Kabamba urged global industry leaders to partner with the DRC in driving sustainable mining growth and economic transformation. “Ninety percent of our minerals are not yet exploited. The DRC is offering these opportunities to investors who… Read More Here
Tshisekedi Orders Strict Cobalt Export Ban to Protect DRC’s Resources 2 Mining in DRC Battery Metals Cobalt Copper 

Tshisekedi Orders Strict Cobalt Export Ban to Protect DRC’s Resources

Constance
Tshisekedi Enforces Cobalt Export Suspension to Strengthen DRC’s Control Over Strategic Minerals During the 61st meeting of the Council of Ministers on Friday, October 3, 2025, President Félix-Antoine Tshisekedi reaffirmed the need for strict enforcement of the temporary suspension on cobalt exports and compliance with new regulatory measures introduced by the Ministry of Mines and the Authority for the Regulation and Control of the Market for Strategic Mineral Substances (Arecoms). The President emphasized that these measures aim to clean up the supply chain and restore national sovereignty over the Democratic… Read More Here
Tantalum Mining Dispute in Eastern DRC Jeopardizes U.S. Efforts to Secure Critical Minerals 3 Mining in DRC 

Tantalum Mining Dispute in Eastern DRC Jeopardizes U.S. Efforts to Secure Critical Minerals

Constance
Legal Dispute in DR Congo Threatens U.S. Critical Minerals Strategy In the eastern Democratic Republic of Congo (DRC), a fierce dispute between the state-owned mining company SAKIMA and a local cooperative under U.S. sanctions is stalling the development of a major tantalum deposit — a metal essential for advanced technologies such as smartphones, semiconductors, and electric vehicles. This conflict poses a significant challenge to the United States’ strategy to secure critical mineral supply chains and reduce dependence on China. A Legal Tug of War According to Bloomberg News, the state-owned… Read More Here
DRC Mines Minister Calls for African Mineral Revolution at Africa Mining Week 4 Mining in DRC Events & Expos 

DRC Mines Minister Calls for African Mineral Revolution at Africa Mining Week

Constance
DRC Mines Minister Urges Africa to Drive Mineral Beneficiation and Value Chains at Africa Mining Week 2025 The era of “feel-good” international meetings is over, declared Democratic Republic of Congo (DRC) Mines Minister Louis Watum Kabamba, as he delivered a keynote address at the opening of Africa Mining Week 2025 in Cape Town. His message was clear: “It’s time for results.” Africa’s Resource Power “Africa is rising,” Kabamba stated. “We must, as a region, take control of our resources.” He described this as part of the broader African Revolution, emphasising… Read More Here
DRC, Zimbabwe and Nigeria Announce New Mineral Beneficiation and Value-Addition Plans at African Mining Week 5 Events & Expos 

DRC, Zimbabwe and Nigeria Announce New Mineral Beneficiation and Value-Addition Plans at African Mining Week

Constance
African Mining Leaders Unveil Bold Value-Addition Strategies at Ministerial Forum Mining leaders from the Democratic Republic of Congo (DRC), Zimbabwe, and Nigeria have outlined ambitious strategies to accelerate mineral beneficiation and value addition at the African Mining Week Ministerial Forum. DRC Targets Global Copper Leadership Louis Watum Kabamba, Minister of Mines for the DRC, revealed that the country is prioritising the creation of special economic zones (SEZs) to attract investment and industrial participation. A new “one-stop shop” for fiscal processes is being developed to streamline capital inflows and technology transfer.… Read More Here
Congo’s Mining Fund Faces Scrutiny Over Mismanagement of Royalties 6 Mining in DRC 

Congo’s Mining Fund Faces Scrutiny Over Mismanagement of Royalties

Constance
Report Alleges Misuse of $461 Million in DRC Mining Fund for Future Generations The Mining Fund for Future Generations (Fomin), a Congolese public institution with financial and administrative autonomy, collects an average of US$6–7 million per month in royalties from mining operators, according to its Director General, Faustin Biringanine. Biringanine made the disclosure on September 29, 2025, in response to a report by the NGO African Observatory of Natural Resources (Afrewatch), which accused Fomin of serious mismanagement of public funds. Revenue and Allocation Biringanine clarified that around 20% of monthly… Read More Here
Fortescue Orders Record-Breaking Fleet of Green Mining Trucks from China 7 International Corporate News Mining Equipment 

Fortescue Orders Record-Breaking Fleet of Green Mining Trucks from China

Constance
Fortescue Signs Landmark Deal with XCMG for 200 Battery-Electric Haul Trucks to Advance Net-Zero Mining Fortescue, the global iron-ore giant, has placed China’s largest-ever export order for green mining equipment, signing a supply agreement with XCMG Machinery for 150 to 200 battery-electric haul trucks. The 240-tonne vehicles will make up nearly half of Fortescue’s future heavy-haul fleet and will be deployed at its Pilbara iron-ore operations in Western Australia. The move marks a major step toward the company’s ambitious goal of eliminating fossil fuels from all land-based operations by 2030.… Read More Here
Ivanhoe Mines Closes US$500 Million Strategic Private Placement with Qatar Investment Authority 8 Corporate News News in Brief Press Release 

Ivanhoe Mines Closes US$500 Million Strategic Private Placement with Qatar Investment Authority

Constance
Toronto, Ontario–(Newsfile Corp. – September 29, 2025) – Ivanhoe Mines Ltd. (TSX: IVN) (OTCQX: IVPAF) announces that the company has closed the private placement offering with Qatar Investment Authority (QIA), as previously announced on September 17, 2025. In accordance with the offering, Ivanhoe Mines has issued 57,516,666 common shares to QIA at a price of C$12.00 per share. Pursuant to the investor rights agreement between the company and Zijin Mining Group Co. Ltd., Zijin has exercised its right to acquire 8,004,800 common shares of Ivanhoe Mines at the same issue… Read More Here
Kavango Resources Lists on VFEX, Boosting Zimbabwe’s Mining and Investment Prospects 9 International Corporate News 

Kavango Resources Lists on VFEX, Boosting Zimbabwe’s Mining and Investment Prospects

Constance
Kavango Resources Joins Victoria Falls Stock Exchange, Driving Investor Confidence in Zimbabwe’s Mining Sector Metals exploration and gold production company Kavango Resources has officially listed on the Victoria Falls Stock Exchange (VFEX) in Zimbabwe, becoming the 17th company to join the exchange, which is celebrating its fifth year of operation. Speaking at the listing ceremony on September 26, VFEX chairperson and nonexecutive director Caroline Sandura highlighted that Kavango’s entry marked a new chapter in building a modern, competitive financial marketplace in Zimbabwe. She noted that the market had already shown… Read More Here

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