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
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
Mineral smuggling from eastern Democratic Republic of Congo (DRC) into Rwanda has reached alarming levels, exacerbating conflict, enabling corruption, and destabilizing the region, according to a forthcoming United Nations report. At the heart of this illicit trade are the so-called “three Ts” — tin, tantalum, and tungsten — minerals essentialContinue 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
Zambia has taken a decisive step toward a greener future with the commissioning of a 121.8kW rooftop solar photovoltaic (PV) system—complete with 125kWh battery storage—at the Ministry of Energy’s headquarters in Lusaka. Spearheaded under the Presidential Solar Initiative, the project is a strategic response to the crippling 2024 drought, whichContinue Reading
GoviEx Uranium has launched its 2025 field season at the Muntanga uranium project in Zambia, marking a major step forward in its strategy to enhance the project’s long-term economic viability and expand its mineral resource base. This new exploration phase follows four years of technical work, culminating in a positiveContinue 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
