Rome Resources Raises Kalayi Tin Resource 45% as Bisie North Drilling Continues
Rome Resources has increased contained tin at the Kalayi deposit within its Bisie North project in the Democratic Republic of Congo by 45%, while advancing...
Tag : DRC
Europe’s Critical Minerals Push Is Increasingly Funded Outside Europe
Europe’s efforts to secure supplies of critical minerals are increasingly linked to mining and processing projects in Africa and the Middle East, but much of...
Congo Reviews Mining Code Changes as Glencore and European Cobalt Supply Face New Uncertainty
The Democratic Republic of Congo (DRC) has begun industry consultations on proposed amendments to more than 40 provisions of its 2018 mining code, placing new...
Alphamin Posts Record EBITDA as Tin Prices Offset Higher Bisie Operating Costs
Alphamin Resources is set to report record second-quarter EBITDA after stronger tin prices more than compensated for higher operating costs and weaker processing metrics at...
Europe’s cobalt dependency: The DRC’s growing leverage in the green transition
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 dominance and investment surge in the DRC’s copper-cobalt sector
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 stake in Alphamin’s Bisie tin mine
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: Cobalt market oversupply due to slower EV growth and new battery tech
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 project in DRC: Delays, legal disputes and corruption claims hinder progress
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...