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
Ivanhoe Mines has reduced its 2025 copper production forecast for the Kamoa-Kakula complex in the Democratic Republic of Congo, after a seismic event on May 18 led to significant underground flooding and a temporary halt in mining operations at the Kakula mine. The flooding triggered an immediate shutdown and promptedContinue 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
NORTH KIVU, DRC – In a development that could further cement the Democratic Republic of Congo (DRC)’s position as a global mining hotspot, Rome Resources, a company listed on the London AIM exchange, is advancing its maiden mineral resource estimate (MRE) for the Bisie North Project in North Kivu province.Continue Reading
KINSHASA – The Democratic Republic of Congo (DRC) has unveiled an ambitious $58 billion national infrastructure master plan, tied to a landmark $500 billion partnership with the United States—a move that could reshape not only the country’s economy but the wider Central African region. Announced on May 27, 2025, byContinue Reading
In the dusty southeastern town of Manono, deep beneath the surface lies a treasure coveted by the world—6.6 million tonnes of lithium, one of the largest known deposits on Earth. This mineral is vital for electric vehicle batteries and the global push toward renewable energy. But for the people ofContinue Reading
The Central Bank of Congo (BCC) is turning up the heat on the country’s powerful mining and oil sectors, introducing massive fines to enforce long-ignored foreign exchange regulations. In a dramatic move aimed at curbing capital flight and stabilizing the weakening Congolese franc, the BCC has hiked penalties by moreContinue Reading
The Democratic Republic of Congo (DRC) is setting its sights on a massive infrastructure overhaul—unveiling a bold $58 billion master plan aimed at transforming roads, agriculture, and logistics across the vast Central African nation. At the heart of this ambition is a landmark $500 billion mega-partnership with the United States,Continue Reading
The Democratic Republic of Congo (DRC) is pushing to finalize a landmark minerals agreement with the United States by the end of June, aiming to attract fresh investment into its mining sector while also seeking diplomatic leverage in efforts to quell a Rwanda-backed insurgency in the country’s conflict-ridden eastern provinces.Continue Reading
President Félix Tshisekedi has praised a significant achievement by the Democratic Republic of Congo (DRC)’s Ministry of Economy, which succeeded in cutting fuel subsidy losses by an impressive 89%—a move hailed as a milestone in the country’s ongoing economic reform agenda. In a formal letter of commendation, Anthony Nkinzo, DirectorContinue Reading
