Prime Minister Judith Suminwa Tuluka has officially presented the 2026 Finance Bill to Parliament, unveiling a budget of 59,020.5 billion Congolese Francs (USD 20.3 billion). The proposal reflects a 16% increase compared to the previous year, underscoring the government’s ambition to strengthen economic growth and public service delivery. Suminwa, joinedContinue Reading
The Democratic Republic of Congo (DRC) will begin implementing annual cobalt export quotas for producers starting October 16, marking a major policy shift designed to tighten market control and curb oversupply from the world’s largest cobalt producer. Under the new system, quotas will be calculated based on production and shipmentContinue Reading
Minister Nguema Nguema, an environmental engineer and former Minister of Oil and Gas is expected to bring a pragmatic approach to the sector with investor attraction a core focus Following his appointment by President Brice Clotaire Oligui Nguema on January 1, 2026, the newly appointed Minister of Mines and GeologicalContinue Reading
Bobcat has announced the introduction of the AutoShift transmission in the B730 M-Series backhoe loader, alongside a number of other updates to this model aimed at markets in the Middle East and Africa and the Commonwealth of Independent States (CIS). The B730 M-Series machine with AutoShift transmission comes as aContinue Reading
Congo’s state-owned mining giant, Gécamines, has announced a landmark purchase of 100,000 tonnes of copper from Tenke Fungurume Mining (TFM), the majority-owned operation of China’s CMOC. The acquisition represents 20% of TFM’s annual copper output, reflecting Gécamines’ equity stake in the mine, and marks the official launch of Gécamines Trading,Continue Reading
Vertex Minerals (ASX: VTX) is revolutionizing gold processing at its Hill End project in New South Wales by integrating TOMRA Mining’s advanced LASER ore sorting technology. This strategic move enhances operational efficiency and aligns with Vertex’s commitment to environmentally sustainable mining practices. A Historic Goldfield Meets Modern Innovation Located approximatelyContinue Reading
Zambia’s government plans to retain ownership of certain mining licenses identified as promising through an ongoing mapping exercise, while inviting private investors to develop these assets in partnership with the state. As Africa’s second-largest copper producer, Zambia aims to significantly boost copper output, with a goal of more than quadruplingContinue Reading
