DRC Central Bank Receives First Refined Gold Ingots Under New Reserve-Building Programme
The Democratic Republic of the Congo’s central bank has received its first batch of refined gold ingots, marking the launch of a state‑led reserve‑building programme. The delivery follows a February contract between the central bank and DRC Gold Trading SA, with the newly created DRC Gold Refinery SA converting artisanal output into investment‑grade bullion. The initiative formalises previously informal artisanal supply chains, allowing gold to be recorded as official reserve assets. It reflects a strategic shift toward domestic gold procurement to strengthen economic sovereignty and financial transparency.
Yahua Secures Lithium Export Quota From Zimbabwe After Suspension
China’s Yahua Industrial Group secured a six‑month lithium export quota from Zimbabwe, allowing it to resume shipments from its Kamativi mine after a two‑month suspension. The quota is intended to keep production stable while Zimbabwe shifts to a quota‑based system...
Andrada Mining Reports Strong Tungsten, Copper and Tin Recoveries at Brandberg West
Andrada Mining announced that test work at Namibia's Brandberg West project achieved up to 91% tungsten recovery, 94% tin recovery and a 90% mass reduction. Grade improvements were dramatic, with tungsten rising from 0.24% to 1.45%, copper from 0.73% to...
Zambia Secures Strategic Partnership in Jiangsu to Boost Chinese Investment
The Zambia Development Agency (ZDA) has signed a strategic partnership with the Jiangsu Industrial Cooperation Association, gaining free office space and staffing support for a new representative office in Nanjing. The deal taps into Jiangsu’s network of over 5,000 enterprises,...
Zambia Positions Itself as a Strategic Hub for Global Copper Investment
Zambia’s ambassador to China urged global investors to help the country reach its goal of producing 3 million tonnes of copper annually by 2030. The appeal was made at the 21st Copper Industry Conference and Expo 2026, highlighting Zambia’s high‑grade reserves, stable,...
DRC Launches RN1 Upgrade to Boost Trade Corridor with Angola and Open Up Kasai Region
On April 5, 2026 the Democratic Republic of the Congo launched a $175 million upgrade of National Road 1 (RN1) between Kananga and the Kakangayi River, a 137.5‑kilometre stretch split into three contract lots. The project, financed by a $69.8 million African Development...
Zambia to Establish New Gold Marketing Centres to Formalise Mineral Trade and Boost Transparency
Zambia’s Ministry of Mines announced that four new gold marketing centres will be built in Lusangazi, Chisamba, Mpika and a second facility in Mumbwa by the end of 2026. The centres will provide regulated outlets for artisanal and small‑scale miners...
DRC Expands Solar Power Capacity with Major 120 MWp Renewable Energy Deal in Lualaba
Democratic Republic of the Congo’s National Agency for Rural Electrification and Energy Services (ANSER) signed a strategic agreement with Propav Infrastructure Limited to build two solar farms in Lualaba province, delivering a combined 120 MWp of capacity. The sites—55.4 MWp at Kyamasumba...
UAE’s IRH Expands Presence in DRC Copper and Cobalt Sector Amid Strategic Mining Deals
International Resources Holding (IRH), the UAE‑backed mining arm of International Holding Company, is being linked to new copper and cobalt projects in the Democratic Republic of Congo’s Lualaba province. The Kabulungu deposit is now run by a 60‑40 joint venture...
ZDA Approves US$600,000 Export Fund to Boost Youth Businesses and Local Mining Supply Chains
The Zambia Development Agency approved a US$600,000 loan facility under the Zambia Export Development Fund to boost non‑traditional exports. US$400,000 is earmarked for youth‑led export firms, while US$200,000 targets SMEs that supply the mining sector. The fund, co‑managed with the...
Bezant Resources Reports Sevenfold Increase in Hope Open-Pit Mineral Resource in Namibia
Bezant Resources announced a seven‑fold increase in the Hope open‑pit mineral resource in Namibia, lifting the estimate to over 3 million tonnes from 410,000 tonnes. The new Mineral Resource Estimate reduces the strip ratio to 9:1 and extends the immediate life‑of‑mine...
Angola to Launch First Gold Refinery as Part of Economic Diversification Strategy
Angola will commission its first gold refinery in the first half of 2026, located in Viana near Luanda, with a processing capacity of about 20 kg per day. Construction and equipment installation are complete, and the plant is now in the...
DRC Strengthens Energy Sovereignty with New Oil Infrastructure Contracts
On April 8, 2026 the Democratic Republic of Congo signed oil infrastructure operating contracts between state‑owned SEP Congo SA and the National Company for the Management of Oil Infrastructure (ENGIP‑RDC SA). The agreements, endorsed by Ministers Julie Shiku and Acacia...
DRC Mining Exports Show Upward Trend Amid Rising Copper, Cobalt, and Gold Prices
The Democratic Republic of the Congo’s key mining exports are seeing price gains in early 2026, with copper trading at $12,143 per ton, gold at $150.65 per gram, and cobalt at $55,607 per ton. Production remains robust, highlighted by 3.5 million...
Special Flat-Rate Tax Generated Nearly 20% of DRC Mining Revenues in 2023 Before Tax Reform
In 2023 the Democratic Republic of the Congo’s Special Flat‑Rate Tax delivered roughly $1.1 billion, representing 19.54% of the nation’s mining‑sector revenues. Total mining receipts reached $5.61 billion, while import duties, royalties and collection notices together contributed another $1.8 billion. Extractive industries overall...
