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
At least 10 people have been killed following the collapse of a gold mine in the eastern Democratic Republic of Congo, local authorities confirmed. The incident occurred at the Luhihi mine in South Kivu province. Douglas Dunia Masumbuko, the M23-appointed governor of South Kivu, attributed the collapse to “uncontrolled constructionContinue Reading
At the close of the National Dialogue on Mining Governance and Conflict in the DRC and Great Lakes Region, Patient Bashombe, Chief Moderator of the Crisis Committee for Peace and Security in the DRC (CCPS-RDC), welcomed the government’s recent move to negotiate directly with the United States on responsible miningContinue Reading
Kizito Pakabomba, the Democratic Republic of Congo’s Minister of Mines, welcomed the launch of the National Dialogue on Mining Governance, which began on Tuesday, April 15, 2025. Organized by the Crisis Committee for Peace and Security (CCPS-RDC), a coalition of civil society organizations, the dialogue addresses mining governance amid ongoingContinue Reading
Erik Prince, the controversial founder of Blackwater and a well-known ally of former U.S. President Donald Trump, has struck a deal with the Democratic Republic of Congo (DRC) to help the country clamp down on rampant mineral smuggling and reclaim lost revenue. The agreement, signed with Congo’s Ministry of FinanceContinue Reading
Alphamin Resources has resumed tin production at its Bisie mine in eastern Democratic Republic of Congo after M23 rebels withdrew from the nearby town of Walikale. The company announced that it is currently processing stockpiled tin ore, with full underground mining operations expected to restart later this month as employeesContinue Reading
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
