The Democratic Republic of Congo (DRC) has confirmed it will move forward with its new cobalt export quota system, with possible revisions only under long-term review, Mining Minister Louis Watum Kabamba announced. Speaking at a Cobalt Institute seminar in New York, Watum stressed that the government’s priority is to attractContinue Reading
Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) has announced a US$500 million strategic private placement with the Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar. As part of the transaction, Ivanhoe will issue 57,516,666 common shares to QIA at a price of C$12.00 per share, generatingContinue Reading
Rwanda and the Democratic Republic of Congo (DRC) are edging closer to finalizing a landmark economic framework designed to reform mineral supply chains, strengthen regional cooperation, and attract global investment. The initiative, developed with support from the United States and other international partners, follows the peace agreement signed in WashingtonContinue Reading
Kinshasa, DR Congo — Prime Minister Judith Suminwa Tuluka has reiterated her government’s determination to fast-track the completion of road infrastructure projects across the Democratic Republic of Congo before the rainy season begins. Speaking during the 57th Council of Ministers meeting in Kinshasa, the Prime Minister reminded cabinet members ofContinue Reading
The Mining Cadastre (CAMI) of the Democratic Republic of Congo (DRC) has officially issued seven digital research certificates to U.S.-based Kobold Metals, marking an important step in strengthening mining collaboration between the two countries. The certificates were formally presented on September 2, 2025, at a ceremony in Kinshasa, attended byContinue Reading
The Center for Research in Public Finance and Local Development (CREFDL) has called on the Court of Auditors in the Democratic Republic of Congo (DRC) to intensify scrutiny of how mining companies are managing the mandatory 0.3% turnover allocation earmarked for local development. In a statement issued on August 28,Continue Reading
Kinshasa — The Democratic Republic of Congo’s new central bank governor, Andre Wameso, has unveiled an ambitious strategy to restore confidence in the Congolese franc (CDF) and curb the country’s overwhelming reliance on the US dollar. Today, nearly 90% of all transactions in the DRC are conducted in dollars, makingContinue Reading
The Lobito Atlantic Railway (LAR) has successfully transported 15,000 tonnes of sulphur to the Democratic Republic of Congo (DRC), marking another milestone in strengthening logistics for Africa’s mining sector. The ANEMON vessel recently docked at the Lobito Mining Terminal (TMPL), where the shipment was unloaded and seamlessly transferred onto theContinue Reading
The Democratic Republic of Congo’s (DRC) Mining Registry (CAMI) has assured stakeholders that the entry of American investors into the country’s mining sector will not come at the expense of existing partners, particularly Chinese companies that already dominate much of the industry. At a press conference on Thursday, August 7,Continue Reading
The Democratic Republic of Congo (DRC) exported 1,057.88 kilograms of legally mined artisanal gold between January and June 2025, according to data released by DRC Gold Trading SA on its official X (formerly Twitter) account in July. The company highlighted that the results underscore the potential of selling Congolese goldContinue Reading
