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
The US-Africa Summit officially opened on Monday, June 23, 2025, in Luanda, Angola, under the theme “Pathways to Prosperity: A Shared Vision for the US-Africa Partnership.” Among the key voices shaping the high-level dialogue was President Félix Tshisekedi of the Democratic Republic of Congo (DRC), who seized the platform toContinue 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
The global cobalt supply chain faces fresh turbulence as the Democratic Republic of Congo (DRC) halts exports to tackle a supply glut. Glencore has invoked force majeure on select cobalt shipments from the DRC, following the government’s surprise decision to enforce a four-month export ban on the crucial battery metal.Continue Reading
Ivanhoe Mines has reduced its 2025 copper production forecast for the Kamoa-Kakula complex in the Democratic Republic of Congo, after a seismic event on May 18 led to significant underground flooding and a temporary halt in mining operations at the Kakula mine. The flooding triggered an immediate shutdown and promptedContinue Reading
In a significant milestone for the Democratic Republic of Congo’s artisanal gold sector, state-owned DRC Gold Trading SA has confirmed the successful purchase and export of over 280 kilograms of artisanal gold through its Kindu branch in Maniema Province, just two months after the facility began operations. The transactions haveContinue Reading
NORTH KIVU, DRC – In a development that could further cement the Democratic Republic of Congo (DRC)’s position as a global mining hotspot, Rome Resources, a company listed on the London AIM exchange, is advancing its maiden mineral resource estimate (MRE) for the Bisie North Project in North Kivu province.Continue Reading
