DRC Mining Audit Reveals Mismanagement of 0.3% Community Development Funds 21 Mining in DRC 

DRC Mining Audit Reveals Mismanagement of 0.3% Community Development Funds

DRC Court of Auditors Uncovers Widespread Mismanagement of Mining Community Funds The Court of Auditors of the Democratic Republic of Congo (DRC) released a critical audit report on September 3, 2025, exposing serious mismanagement of the 0.3% allocation of mining company turnover designated for community development projects. Established under Article 258 bis of the DRC Mining Code, this fund is intended to mitigate the adverse impacts of mining on local communities. The report was presented to the Minister of State for Social Affairs, Humanitarian Actions, and National Solidarity, Ève Bazaiba,… Read More Here
Congolese Gold Price Sees Modest Uptick Amid Global Market Stability 22 Mining in DRC Economy Gold News in Brief 

Congolese Gold Price Sees Modest Uptick Amid Global Market Stability

Congolese Gold Price Rises to $108.71 per Gram as Global Markets Remain Stable The price of Congolese gold experienced a slight increase on international markets, reaching USD 108.71 per gram for the week of September 1–6, 2025, up from USD 108.10 the previous week. This represents a modest rise of 0.56%, according to the National Commission of Mercuriales. Although contained, this increase reflects the current stability of gold on global stock markets. The precious metal continues to serve as a safe haven amid economic uncertainties and speculative market movements. In… Read More Here
DRC Civil Society Urges Crackdown on Illegal Gold Mining in Haut-Uélé 23 Mining in DRC Gold 

DRC Civil Society Urges Crackdown on Illegal Gold Mining in Haut-Uélé

DRC’s Haut-Uélé Faces Environmental Threats from Illegal Gold Mining by Foreigners, Civil Society Calls for Expulsions The Congolese League for the Fight against Corruption (LICOCO) has raised alarm over the anarchic and illegal exploitation of gold in Haut-Uélé province, Democratic Republic of Congo (DRC). The civil society organization is urging the provincial governor to expel illegal operators, particularly Chinese nationals and other foreigners. In a press release dated September 4, 2025, LICOCO Executive Secretary Ernest Mpararo expressed concerns about the environmental impact of illegal mining activities, including river pollution and… Read More Here
Prospect Resources Fast-Tracks Copper Development at Mumbwa Project in Zambia 24 Mining in Zambia Copper New Mining Projects 

Prospect Resources Fast-Tracks Copper Development at Mumbwa Project in Zambia

Prospect Resources Accelerates Mumbwa Copper Project in Zambia with Maiden 107Mt Resource Australia-listed Prospect Resources is positioning itself as a fast-moving copper developer in Zambia, with Managing Director Sam Hosack telling delegates at the Africa Down Under conference that the company’s Mumbwa project has the scale, grade, and location to support a long-life copper operation. Prospect previously sold its Arcadia lithium project in Zimbabwe in 2022, delivering a strong return to shareholders. The company has since shifted its focus to Zambia’s North-Western Province, home to major operations such as First… Read More Here
Burkina Faso Clarifies Govt’s Stake in Kiaka Gold Mine as Optional Under New Mining Code 25 International Gold 

Burkina Faso Clarifies Govt’s Stake in Kiaka Gold Mine as Optional Under New Mining Code

Burkina Faso Assures Investors: State’s Stake in WAF’s Kiaka Gold Mine Optional, Not Mandatory Burkina Faso’s director-general of the mining registry, Mamadou Sagnon, has sought to reassure investors that the government’s request for a larger stake in West African Resources’ (WAF) new Kiaka gold mine is not an obligation but an option under the country’s updated mining legislation. Speaking at the Africa Down Under conference in Perth, Sagnon explained that the July 2024 Mining Code increased the State’s free-carried interest in mining projects from 10% to 15%, while also allowing… Read More Here
Lualaba Governor Fifi Masuka Meets New DRC Mines Minister Louis Watum Kabamba 26 Mining in DRC Governance 

Lualaba Governor Fifi Masuka Meets New DRC Mines Minister Louis Watum Kabamba

DRC Mines Minister Louis Watum Kabamba Meets Lualaba Governor Fifi Masuka to Strengthen Mining Collaboration Courtesy visits have multiplied since Louis Watum Kabamba was appointed as the new Minister of Mines in the Democratic Republic of Congo (DRC). After receiving ambassadors from China, the United States, and several European countries, the minister met on Friday, September 5, 2025, with Fifi Masuka Saini, governor of Lualaba province, home to the world’s largest cobalt reserves. Fifi Masuka, now a prominent and widely recognized political figure, particularly in the mining sector, used the… Read More Here
DRC Produces 785,841 Tonnes of Copper in Q1 2025, Driven by Private Operators 27 Mining in DRC Copper Economy 

DRC Produces 785,841 Tonnes of Copper in Q1 2025, Driven by Private Operators

DRC Copper Output Reaches 785,841 Tonnes in First Quarter 2025, Highlighting Private Sector Dominance The Democratic Republic of Congo (DRC) recorded a production of 785,841 tonnes of copper in the first quarter of 2025, according to the statistical bulletin released by the Central Bank of Congo (BCC) at the end of August. Out of this total, Gécamines, the state-owned mining company historically central to the Congolese mining sector, produced only 2,318 tonnes. The overwhelming majority—783,523 tonnes—came from Gécamines’ private partners and other mining operators active across the country. These figures… Read More Here
Tshisekedi Reinforces Commitment to Business Climate and Subcontracting Law in the DRC 28 Mining in DRC Economy Governance 

Tshisekedi Reinforces Commitment to Business Climate and Subcontracting Law in the DRC

DRC President Tshisekedi Backs Business Climate Reforms and Subcontracting Law Enforcement President Félix-Antoine Tshisekedi has reaffirmed his determination to strengthen the business climate in the Democratic Republic of Congo (DRC) and ensure strict compliance with the law on subcontracting. In the coming days, a joint commission of the Regulatory Authority for Subcontracting in the Private Sector (ARSP) and the Federation of Congolese Enterprises (FEC) will be deployed to companies to monitor the enforcement of the subcontracting law. This initiative was presented to the Head of State on Thursday, September 4,… Read More Here
Germanium Prices Fall Nearly 6% in Early September 2025, Impacting DRC’s Export Strategy 29 Mining in DRC Economy 

Germanium Prices Fall Nearly 6% in Early September 2025, Impacting DRC’s Export Strategy

Germanium Prices Drop 5.9%: What It Means for the DRC’s Strategic Mineral Exports Germanium, a critical mineral exported by the Democratic Republic of Congo (DRC) and widely used in semiconductors and optical technologies, has recorded a significant price correction on international markets. According to the Ministry of Foreign Trade, the average price per ton stood at USD 3,864.60 during the week of September 1–6, 2025, down from USD 4,108.08 the previous week—a decline of 5.92%. “The price of a ton of germanium is falling on international markets during the week… Read More Here
ZEMA Cracks Down on Illegal Mining Along Kafue River in Zambia 30 Mining in Zambia 

ZEMA Cracks Down on Illegal Mining Along Kafue River in Zambia

ZEMA Warns Illegal Miners in Chingola and Chililabombwe Over Kafue River Environmental Threats The Zambia Environmental Management Agency (ZEMA) has issued a strong warning to illegal miners operating along the Kafue River in Chingola and Chililabombwe districts, ordering them to halt all unauthorized activities with immediate effect. The directive follows an inspection in the Hippo Pool area, which uncovered serious environmental damage linked to unlawful mining. ZEMA’s findings revealed increased water turbidity, disruption of natural river flow, and potential threats to water quality. “These activities are not only unlawful but… Read More Here

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