Court of Auditors demands enforcement of legal obligations as tensions grow in resource-rich regions July 2025 | Kinshasa, DRC — Three mining companies operating in the Democratic Republic of Congo (DRC), including the prominent Anhui-Congo Mining Investment Company (SACIM), are facing possible suspension after a damning report by the CourtContinue Reading
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
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
