Artisanal cobalt mining in the Democratic Republic of Congo (DRC) has plunged to historic lows, contributing just 2% to the country’s total cobalt output in 2024, according to the Cobalt Institute’s latest annual report released on May 14, 2025. This marks a dramatic decline for a sector that, in previousContinue Reading
The Democratic Republic of Congo (DRC) has taken a firm stance against the illegal trade of its mineral resources, leading discussions at an extraordinary meeting of Mines Ministers from member states of the International Conference on the Great Lakes Region (ICGLR), held in Lusaka, Zambia. The DRC’s Minister of Mines,Continue Reading
During an official visit to Paris, Deputy Minister of Mines Godard Motemona represented the Democratic Republic of Congo (DRC) at the 18th OECD Forum on Responsible Mineral Supply Chains. Addressing fellow African mining ministers and global stakeholders, Motemona reaffirmed the DRC’s commitment—under the leadership of President Félix Tshisekedi and PrimeContinue Reading
A major step toward energy transformation is underway in the heart of the Democratic Republic of Congo (DRC), as the long-anticipated Katende Hydropower Plant prepares to bring new life to the nation’s central provinces. A consulting firm managing the project has confirmed that the first phase will deliver 32 megawattsContinue Reading
The Democratic Republic of Congo (DRC) has entered into a partnership with Erik Prince, the former U.S. Navy SEAL and founder of the private security firm Blackwater, to bolster efforts in securing mining revenues and enhancing transparency in the country’s lucrative extractive industries. The agreement—reached several months before the JanuaryContinue Reading
The Democratic Republic of Congo (DRC) has officially completed the division of the Cuvette Centrale sedimentary basin into 52 new oil exploration blocks, as confirmed by the country’s Minister of Hydrocarbons, Aimé Sakombi Molendo. This move marks a significant step in expanding the nation’s energy exploration efforts. The delineation ofContinue Reading
Rome Resources has announced plans to resume drilling at its Bisie North tin project in eastern Democratic Republic of Congo (DRC), following a temporary suspension due to security concerns. Operations were halted on March 14, 2025, after unrest in the region, but the company now aims to restart drilling withinContinue Reading
The United States has reiterated its backing for the Lobito Corridor, a major infrastructure project linking the Democratic Republic of Congo (DRC) to Angola’s Atlantic coast, aimed at enhancing regional trade and unlocking the DRC’s mineral wealth. During an April 17, 2025 visit to the DRC, U.S. Senior Advisor MassadContinue Reading
Gold prices are on track to exceed $4,000 per ounce in 2026, according to a JP Morgan forecast released on April 22, 2025. The bank cited rising U.S. recession risks and escalating trade tensions with China as key drivers behind the bullish outlook. JP Morgan expects gold to average $3,675Continue Reading
The Democratic Republic of Congo’s Ministry of Foreign Trade has released updated export prices for the week of April 21, 2025, revealing a mixed performance among key mining commodities. Gold and copper saw price increases following a week of declines. Gold rose to $103.32 per gram from $99.34, while copperContinue Reading
