Kibali gold mine, the largest in Africa and a flagship operation for Barrick Gold Corporation (NYSE: GOLD), is set to extend its production horizon beyond the current 10-year plan following promising new exploration results in the Democratic Republic of Congo (DRC). According to Barrick, recent drilling along the ARK-KCD corridorContinue Reading
Kinshasa, DRC – The Democratic Republic of Congo (DRC) has taken a decisive step to reform its outdated hydrocarbon legal framework, launching a comprehensive review aimed at aligning national policy with global energy trends and investor expectations. On Thursday, July 31, 2025, Minister of Hydrocarbons Aimé Sakombi Molendo convened aContinue Reading
Kinshasa, DRC – Confidence in the Democratic Republic of Congo’s (DRC) economic future is on the rise, following a strong show of support from one of Africa’s largest financial institutions. On July 24, 2025, Standard Bank Group reaffirmed its commitment to investing in the DRC, despite persistent security concerns inContinue Reading
Tensions escalate over control of Manono project as KoBold Metals strikes deal with Kinshasa Australia-based AVZ Minerals has accused the government of the Democratic Republic of Congo (DRC) of breaching an international arbitration order by entering into a new agreement with KoBold Metals, a U.S.-backed company, to develop a keyContinue Reading
Zimbabwe secures legal victory as US court rules it lacks jurisdiction in decade-old arbitration dispute. A U.S. federal appeals court has dismissed a long-running case filed by two Mauritian firms against Zimbabwe’s state-owned mining company, delivering a significant legal victory for Harare in a $93 million international dispute. The U.S.Continue Reading
Brokerage shift comes as the company advances a $90 million sale of South African assets and ramps up its copper expansion in Zambia. Diversified metals producer Jubilee Metals Group has announced the appointment of Shard Capital Partners as joint broker, effective immediately. The move replaces RBC Capital Markets and re-establishesContinue Reading
Chinese battery materials manufacturer Dowstone Technology has unveiled plans to invest $165 million in a new copper smelting facility in the Democratic Republic of Congo (DRC), further cementing China’s role in Africa’s copper value chain. Announced on July 3, 2025, the project aims to establish a modern plant capable ofContinue Reading
Political accord signed in Washington sets the stage for security-led development in mineral-rich eastern Congo While the landmark peace agreement signed on June 27, 2025, between the Democratic Republic of Congo (DRC) and Rwanda is not an economic deal in the traditional sense, its implications for regional growth and stabilityContinue Reading
Court of Auditors demands enforcement of legal obligations as tensions grow in resource-rich regions July 2025 | Kinshasa, DRC — Three mining companies operating in the Democratic Republic of Congo (DRC), including the prominent Anhui-Congo Mining Investment Company (SACIM), are facing possible suspension after a damning report by the CourtContinue Reading
Global supply chains are under pressure as IXM, the metals trading arm of China’s CMOC Group, declared force majeure on its cobalt contracts this week—citing a prolonged export ban by the Democratic Republic of Congo (DRC), the world’s cobalt superpower. The move follows the DRC government’s decision to extend itsContinue Reading
