New Gold Trading Model Brings Transparency and Economic Growth to Eastern Congo In a groundbreaking move to formalize the artisanal gold sector, DRC Gold Trading SA has injected over $27 million into Maniema province’s economy in just two months—marking a major shift in how gold is traded in the DemocraticContinue Reading
India has sent a team of government geologists to Zambia to explore rich deposits of copper and cobalt, two minerals essential to its energy transition and rapidly growing technology sector, according to senior Indian officials. The Zambian government has granted India access to over 9,000 square kilometers (around 3,475 squareContinue Reading
Mining and Technical Exhibitions (MTE) is gearing up for another impactful over-border combo tour—this time, Zimbabwe is in the spotlight. In August, MTE will host two back-to-back exhibitions, continuing its mission to connect suppliers and industry operators across the SADC mining and industrial landscape. Two Events, Two Regions, One ObjectiveContinue Reading
IXM, the metals trading arm of China’s CMOC Group, has declared force majeure on its cobalt supply contracts following an ongoing export ban in the Democratic Republic of Congo (DRC). The move adds further pressure to an already volatile cobalt market, where prices have now slipped below $20,000 per tonne.Continue Reading
In a landmark diplomatic breakthrough, the Democratic Republic of Congo (DRC) and Rwanda signed a peace agreement on June 27, 2025, in Washington, D.C., aimed at ending decades of violence in eastern DRC. The accord was brokered with the backing of the United States, which played a pivotal role inContinue Reading
Popol Mabolia Yenga, Director General of the Democratic Republic of Congo’s (DRC) Mining Cadastre (CAMI), has urged African nations to pursue a unified approach to geological research. His call comes amid growing concerns over inconsistent data on the origin of mineral resources and disputes between neighboring countries. Speaking at theContinue Reading
KINSHASA, DRC – With global gold prices reaching their highest levels in weeks, Barrick Mining’s Country Director in the Democratic Republic of Congo, Cyril Mutombo, is urging the Congolese government to reform its mining policies to unlock the country’s full gold potential and attract more long-term investment. Mutombo delivered hisContinue Reading
Zimbabwe is tightening its grip on its lithium industry as it moves to ban the export of lithium concentrates by 2027, stepping up efforts to build a robust local processing sector and capture more value from the strategic mineral. The announcement was made by Mines Minister Winston Chitando on Tuesday,Continue Reading
The global cobalt supply chain faces fresh turbulence as the Democratic Republic of Congo (DRC) halts exports to tackle a supply glut. Glencore has invoked force majeure on select cobalt shipments from the DRC, following the government’s surprise decision to enforce a four-month export ban on the crucial battery metal.Continue Reading
In a significant milestone for the Democratic Republic of Congo’s artisanal gold sector, state-owned DRC Gold Trading SA has confirmed the successful purchase and export of over 280 kilograms of artisanal gold through its Kindu branch in Maniema Province, just two months after the facility began operations. The transactions haveContinue Reading
