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KICO Signs Partnership with 19 Contractors Through ARSP to Boost Local Jobs 1 Mining in DRC Corporate News 

KICO Signs Partnership with 19 Contractors Through ARSP to Boost Local Jobs

Constance
Ivanhoe’s Kipushi Mine Signs Deal with 19 Firms to Create Jobs in DRC Nineteen subcontracting companies and Kipushi Corporation (KICO), a subsidiary of Ivanhoe Mines, have signed a partnership agreement aimed at generating both direct and indirect jobs in the Democratic Republic of Congo. The signing ceremony was presided over by Miguel Kashal Katemb, Director General of the Regulatory Authority for Subcontracting in the Private Sector (ARSP). The initiative fulfills a pledge made by President Félix Tshisekedi during the inauguration of the Kipushi zinc mine in November 2024. At that… Read More Here
DRC’s Tantalum Prices Rise 0.78% After Weeks of Stability 2 Mining in DRC 

DRC’s Tantalum Prices Rise 0.78% After Weeks of Stability

Constance
DRC Tantalum Prices Climb 0.78% as Global Demand Strengthens The price of tantalum, one of the Democratic Republic of Congo’s (DRC) key export minerals, rose by 0.78% on international markets between August 11 and 16, 2025. According to the National Commission of Mercuriales under the Ministry of Foreign Trade, tantalum traded at $322.5 per kilogram, up from $320.0 the previous week. This marks the first significant upward movement after several weeks of relative stability. From mid-June to mid-July 2025, tantalum prices hovered around $320 per kilogram, with the exception of… Read More Here
DRC-Africa Battery Metals Forum announces strong advisory board for key industry insights 3 Sponsored Content Events & Expos Mining in DRC 

DRC-Africa Battery Metals Forum announces strong advisory board for key industry insights

Constance
“A passionate, experienced and industry-led team” The organisers of the DRC-Africa Battery Metals Forum have announced the members of this year’s advisory board for the event that is heading for Kolwezi from 29 to 30 September. By driving localisation, beneficiation and industrialisation, the third edition of DRC-Africa Battery Metals Forum will connect stakeholders, such as global investors, manufacturers and strategic development partners, to unlock investment, advance local processing and accelerate the DRC’s transition from mineral exporter and capitalise on the next frontier of economic growth through industrialisation. “We’re very honoured… Read More Here
Uganda Launches First Large-Scale Gold Mine with $250M Chinese Investment 4 International Gold 

Uganda Launches First Large-Scale Gold Mine with $250M Chinese Investment

Constance
Uganda Opens $250 Million Gold Mine to Boost Exports and Mining Industry Uganda has officially inaugurated its first large-scale gold mine, a $250 million Chinese-owned project located in the eastern Busia district. The Wagagai Gold Mining Project will also refine bullion to 99.9% purity, according to a statement from the president’s office. The landlocked East African nation, endowed with minerals such as copper, cobalt, and iron ore, is seeking to expand its mining sector and establish itself as a leading gold producer and exporter. In 2023, Uganda earned $3.4 billion… Read More Here
New DRC Mines Minister Louis Watum Strengthens Ties with China 5 Mining in DRC Governance Mining Personality 

New DRC Mines Minister Louis Watum Strengthens Ties with China

Constance
DRC’s New Mines Minister Louis Watum Meets Chinese Ambassador to Bolster Mining Cooperation Louis Watum Kabamba, newly appointed Minister of Mines in the Suminwa II government, officially took office on Wednesday, August 13, 2025, succeeding Kizito Pakabomba. The following day, he held a strategic meeting in Kinshasa with Zhao Bin, Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to the Democratic Republic of Congo (DRC). The encounter highlighted China’s pivotal role as one of the DRC’s leading partners in the mining sector. In a statement shared on his… Read More Here
KoBold Metals to Acquire 17,000 Mining Concessions in DRC Lithium Push 6 Corporate News Battery Metals Lithium Mining in DRC 

KoBold Metals to Acquire 17,000 Mining Concessions in DRC Lithium Push

Constance
Backed by Gates and Bezos, KoBold Metals Targets DRC Lithium in $1B Exploration Deal KoBold Metals, a U.S.-based mining company backed by billionaires Bill Gates and Jeff Bezos, is preparing to acquire nearly 17,000 mining concessions in the Democratic Republic of Congo (DRC) as part of an ambitious large-scale exploration program. The company uses advanced artificial intelligence and data-driven technology to identify deposits of critical minerals used in electric vehicle (EV) batteries. On July 17, 2025, KoBold signed an agreement in principle with the Congolese government in a ceremony attended… Read More Here
U.S. Sanctions Armed Groups Exploiting Critical Minerals in Eastern DRC 7 Mining in DRC Regional conflict 

U.S. Sanctions Armed Groups Exploiting Critical Minerals in Eastern DRC

Constance
U.S. Warns Armed Groups in DRC: Sanctions Target Illicit Mineral Trade and Rwanda-Backed M23 The United States announced new sanctions on Tuesday, August 12, 2025, targeting armed groups involved in the illegal exploitation of critical minerals in eastern Democratic Republic of Congo (DRC). Washington also warned that it is prepared to act against any group obstructing U.S. and allied access to these minerals, particularly in Rubaya, an area under the control of Rwanda’s army and M23 rebels for several months. “The Treasury Department will not hesitate to take action against… Read More Here
Lucapa Diamond Secures $10M Rescue Deal with Dubai’s Jemora Group 8 International Corporate News Diamond 

Lucapa Diamond Secures $10M Rescue Deal with Dubai’s Jemora Group

Constance
Lucapa Diamond (ASX: LOM) Wins $10M Bailout from Dubai’s Jemora to Exit Administration Lucapa Diamond Company (ASX: LOM), operator of Angola’s Lulo alluvial mine and Australia’s Merlin project, has struck a rescue deal with Dubai-based Jemora Group that could bring the struggling miner out of administration. Administrators KordaMentha confirmed they have signed a deed of company arrangement with Jemora’s subsidiary, Gaston International, which has agreed to inject around A$15 million (US$10 million) into Lucapa. Under the proposal: Creditors would be paid in full. Shareholders could receive a partial payout of… Read More Here
Zambia Breaks Ground on Chipata West 100MW Solar Power Project 9 Mining in Zambia Energy 

Zambia Breaks Ground on Chipata West 100MW Solar Power Project

Constance
Zambia Launches 100MW Chipata West Solar Plant to Boost Clean Energy and Cut Power Shortages The Zambian government has officially broken ground on the 100-megawatt (MW) Chipata West Solar Power Project, a major renewable energy investment expected to ease electricity shortages and drive socio-economic development in Eastern Province and beyond. Speaking during the groundbreaking ceremony in Chief Chinyaku’s chiefdom, Eastern Province Deputy Permanent Secretary Dr. Lewis Mwape, delivering a speech on behalf of Energy Minister Makozo Chikote, described the project as a “beacon of progress” under President Hakainde Hichilema’s New… Read More Here
Zambia Downplays Pollution Fears After Massive Mine Waste Spill 10 Mining in Zambia Mining safety 

Zambia Downplays Pollution Fears After Massive Mine Waste Spill

Constance
Zambia Mine Waste Disaster: Government Insists Water Safe Despite Report of 30x Higher Toxic Spill The Zambian government has moved to reassure the public about water safety following growing concerns over pollution from a recent mining disaster. A new independent study suggested the scale of contamination from a Chinese-owned copper mine may be far greater than initially disclosed. “The water is fit for consumption,” Zambia’s Minister of Green Economy and Environment, Mike Mposha, told reporters in Lusaka on Friday. Laboratory results released this week indicated that pH acidity levels in… Read More Here

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