At the close of the National Dialogue on Mining Governance and Conflict in the DRC and Great Lakes Region, Patient Bashombe, Chief Moderator of the Crisis Committee for Peace and Security in the DRC (CCPS-RDC), welcomed the government’s recent move to negotiate directly with the United States on responsible miningContinue Reading
Erik Prince, the controversial founder of Blackwater and a well-known ally of former U.S. President Donald Trump, has struck a deal with the Democratic Republic of Congo (DRC) to help the country clamp down on rampant mineral smuggling and reclaim lost revenue. The agreement, signed with Congo’s Ministry of FinanceContinue Reading
Alphamin Resources has resumed tin production at its Bisie mine in eastern Democratic Republic of Congo after M23 rebels withdrew from the nearby town of Walikale. The company announced that it is currently processing stockpiled tin ore, with full underground mining operations expected to restart later this month as employeesContinue Reading
Zimbabwe’s deepening liquidity crisis is exacerbating the economy’s reliance on the US dollar, undermining the effectiveness of the gold-backed Zimbabwe Gold (ZiG) currency, introduced nearly a year ago. Launched on April 8, the ZiG was Zimbabwe’s sixth attempt since 2009 to establish a functional local currency, aiming to replace theContinue Reading
DRC Gold Trading SA, a partnership between the Democratic Republic of Congo and the United Arab Emirates, has been forced to halt its operations due to increasing insecurity in the region, exacerbated by the occupation of parts of South Kivu by M23 rebels backed by Rwanda. Founded in January 2023,Continue Reading
Zambia has launched The Zambezi Minute, an ambitious initiative aimed at capitalizing on global demand for critical minerals while ensuring jobs, revenue, and sustainability for its citizens. A New Approach to Investment & Growth With a streamlined regulatory system, every policy will be assessed by a single guiding question: “DoesContinue Reading
China is ramping up its imports of off-exchange refined copper, fueled by a production boom in the Democratic Republic of Congo (DRC) and growing concerns over potential disruptions from U.S. scrap restrictions, according to analysts and traders. This surge underscores China’s increasing reliance on Congolese copper, which now dominates aContinue Reading
The Anhui Congo Investment Company (SACIM) in Kasai-Oriental is grappling with mounting challenges, raising serious concerns across the region. A SACIM manager, speaking to Actualité.cd on February 26, 2025, revealed that the company, which typically produces around 300,000 carats of diamonds per month, is struggling to sell its output dueContinue Reading
The Zambian Ministry of Mines and Minerals Development has introduced the Zambia Integrated Mining Information System (ZIMIS), a state-of-the-art digital platform aimed at enhancing efficiency and transparency in the management of mining licenses. ZIMIS replaces the previous Cadastre System, offering a more streamlined approach to issuing mining rights. This upgradeContinue Reading
The Pan-African Anti-Corruption Network (Unis), a member of the Congo Is Not for Sale (CNPV) coalition, has released a report urging drastic reductions in government spending in the Democratic Republic of Congo (DRC). The report, published on February 24, highlights excessive costs tied to political institutions and calls for urgentContinue Reading
