Tanzania and the Democratic Republic of Congo (DRC) have agreed to allocate land for the development of dry ports in both countries, aiming to improve regional trade and logistics. The agreement was reached during bilateral meetings held in Lubumbashi from April 3 to 5, 2025. Under the deal, each countryContinue Reading
Following President Félix Tshisekedi’s 2023 visit to Botswana, a Congolese delegation led by Joëlle Kabena, Coordinator of the State Financial Support Project Management Unit for the Revival of MIBA Activities (UGP-MIBA), visited Gaborone from March 17 to 22, 2025. The mission aimed to draw lessons from Botswana’s world-renowned success inContinue Reading
While others race to the moon and back, the Faroe Islands space program takes a bold new step in space exploration—without ever leaving Earth. One of the largest bearing manufacturers SKF, and ocean energy developer Minesto are launching a space program to harness the Moon’s energy by leveraging the powerContinue Reading
China Molybdenum Co. Ltd. (CMOC), a leading mining company, has achieved a remarkable milestone in 2024, with its operations at Tenke Fungurume Mining (TFM) and Kisanfu Mining (KFM) in the Democratic Republic of Congo (DRC) playing a key role in the company’s record growth. These achievements further cement CMOC’s positionContinue Reading
DRC Gold Trading SA, a partnership between the Democratic Republic of Congo and the United Arab Emirates, has been forced to halt its operations due to increasing insecurity in the region, exacerbated by the occupation of parts of South Kivu by M23 rebels backed by Rwanda. Founded in January 2023,Continue Reading
Senior Congolese officials are set to visit Washington, D.C., for high-level talks on U.S.-DRC cooperation in strategic minerals, as announced by Aaron Poynton, President of the Africa-US Business Council. In a letter to Chris Smith, Chairman of the House Foreign Affairs Subcommittee on Africa, Poynton highlighted this visit as aContinue Reading
Kolwezi, Democratic Republic of Congo – Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President & Chief Executive Officer Marna Cloete have provided an update on production at the Kamoa-Kakula Copper Complex and the Kipushi zinc mine, both located in the Democratic Republic of the Congo (DRC).Continue Reading
Starting January 1, 2025, individuals and companies operating in the Democratic Republic of Congo (DRC) will face a record-breaking $4.3 million fine for obstructing transparency and traceability in the mining sector. This unprecedented penalty, established under Decision No. CAMI/DG/003/2024, was issued by the Mining Cadastre (CAMI) on December 16, 2024.Continue Reading
Zijin Mining Group, China’s largest metals producer, reported a 52% increase in net profit for 2023, fueled by higher production and surging copper and gold prices. Strong Financial Performance The company posted a net income of 32.1 billion yuan ($4.4 billion), in line with its earlier forecast of 32 billionContinue Reading
The Democratic Republic of Congo (DRC) is ramping up efforts to tackle the illegal export of its minerals, particularly those allegedly smuggled by the Rwandan-backed M23 rebels. At a cabinet meeting on Friday, Mines Minister Kizito Pakabomba unveiled new measures aimed at cutting off the rebels’ access to revenue fromContinue Reading
