Rome Resources Raises Kalayi Tin Resource 45% as Bisie North Exploration Advances
Rome Resources has increased contained tin at its Kalayi deposit in the Democratic Republic of Congo (DRC) by 45%, strengthening the resource base of its...
Tag : DRC
Europe’s Mineral Security Increasingly Relies on Investment Outside Europe
Europe’s mineral security is increasingly linked to mining and processing projects in Africa and the Middle East, but much of the capital securing future supplies...
Congo Mining Law Overhaul Raises New Risks for Glencore and Europe’s Cobalt Supply Chain
The Democratic Republic of Congo (DRC) has opened consultations on a broad revision of its mining legislation, creating fresh uncertainty for international mining companies and...
Alphamin Tin Boom Drives Record EBITDA as Costs Rise at Congo’s Bisie Mine
Alphamin Resources is on track to deliver record quarterly earnings as exceptionally strong tin prices continue to outweigh rising operating costs and weaker processing performance...
Cobalt’s critical role in Europe’s green transition: DRC’s growing leverage in global supply chains
Europe’s green transition, powered by electric vehicles and energy storage solutions, relies heavily on raw materials like cobalt, a critical component in batteries. However, the...
China’s strategic grip on the DRC: Dominating copper and cobalt mining amid global competition
The Democratic Republic of the Congo (DRC), home to 15% of the world’s copper reserves and over 50% of its cobalt, represents a prime opportunity...
UAE’s International Resources Holding negotiates to buy stake in Alphamin’s Bisie tin mine in DR Congo
International Resources Holding (IRH), a UAE-based investment group, is in discussions to acquire an indirect stake in Alphamin Resources, according to sources familiar with the...
Glencore CEO warns of cobalt market oversupply amidst slowing EV demand and rising lithium-iron phosphate use
The cobalt market is facing significant volatility, with prices plummeting to their lowest levels since 2016. This downturn is largely attributed to slower-than-expected growth in...
Manono lithium mining project in DR Congo stalled amidst legal disputes and allegations of corruption
In Manono, a town in Tanganyika Province in northern Democratic Republic of Congo’s (DRC) Katanga region, the highly anticipated lithium mining project has yet to...
Glencore launches ProAc project in DRC to drive economic growth and sustainability
Swiss mining giant Glencore has introduced the ProAc project in the Democratic Republic of the Congo (DRC), aiming to foster economic diversification, financial inclusion, and...