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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

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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

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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

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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

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Kamoto Copper Company (KCC) has dismissed recent reports suggesting it plans to sell three of its artisanal mining sites in Lualaba Province. In a statement released on Thursday, August 7, 2025, the company stressed that no such agreement exists. “KCC has made no such commitment,” the statement read, reaffirming theContinue Reading

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The Ventora Group has strongly refuted the findings of a recent report by the “Congo Is Not for Sale” (CNPAV) coalition, which scrutinizes the sale of the Mutanda Mining Project in the Democratic Republic of Congo (DRC). In a press release issued on August 1, 2025, Ventora denounced the reportContinue Reading

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Kibali gold mine, the largest in Africa and a flagship operation for Barrick Gold Corporation (NYSE: GOLD), is set to extend its production horizon beyond the current 10-year plan following promising new exploration results in the Democratic Republic of Congo (DRC). According to Barrick, recent drilling along the ARK-KCD corridorContinue Reading

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Kinshasa, DRC – The Democratic Republic of Congo (DRC) has taken a decisive step to reform its outdated hydrocarbon legal framework, launching a comprehensive review aimed at aligning national policy with global energy trends and investor expectations. On Thursday, July 31, 2025, Minister of Hydrocarbons Aimé Sakombi Molendo convened aContinue Reading

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Kinshasa, DRC – Confidence in the Democratic Republic of Congo’s (DRC) economic future is on the rise, following a strong show of support from one of Africa’s largest financial institutions. On July 24, 2025, Standard Bank Group reaffirmed its commitment to investing in the DRC, despite persistent security concerns inContinue Reading

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AI-driven American miner seeks exploration permits as it targets one of the world’s largest untapped lithium reserves. KoBold Metals has taken a significant step forward in its ambitions to tap into the Democratic Republic of Congo’s vast lithium potential, officially filing for exploration permits with the country’s Mining Cadastre (CAMI)Continue Reading