US talks often with Congo’s Gecamines on cobalt and copper, official says

The United States speaks regularly with the Democratic Republic of Congo’s state miner Gecamines, a senior State Department official told Reuters, as Washington seeks to deepen relationships with key suppliers of cobalt and copper across the African continent.

Congo overtakes Peru on copper output, still behind on exports

The Democratic Republic of the Congo overtook Peru as the world’s second largest copper producer in 2023, though it still lags the South American country in exports, official data from both nations show.

Congo, Chinese partners sign reviewed Sicomines copper-cobalt joint venture agreement

Democratic Republic of Congo and Chinese investors on Thursday signed an agreement reached in January that revises some terms of their Sicomines copper and cobalt joint venture, Congo’s Infrastructure Minister Alexis Gisaro Muvunyi said on Thursday.

Zambian president calls rail link connecting copper mines to Angolan port ‘once-in-lifetime’ break

Zambian President Hakainde Hichilema said a US-backed project to connect Zambia’s copper mines to an Angolan port offers the nation a “once-in-a-lifetime” opportunity.

France’s $1.6 billion uranium deal with Mongolia faces delays

France said in October it wants to give landlocked Mongolia, which is situated between Russia and China, “the means to benefit from greater strategic sovereignty” in the face of “two extremely powerful neighbors.”

Congo artisanal cobalt monopoly can launch in months, CEO says

The state-owned company created to buy all of Democratic Republic of Congo’s hand-dug cobalt could start operating within three months after years of delays, according to its chief executive officer.

Congo and China talking $7 billion in finance, Tshisekedi says

China and Democratic Republic of Congo are discussing $7 billion in financing as part of a renegotiated minerals-for-infrastructure deal, President Felix Tshisekedi said Saturday at his second inaugural address in the capital, Kinshasa.

Chadormalu has a new record in steel ingot production

Mining News Pro - With the intelligent management of Chadormalu Mining and Industrial Company, the daily production of steel ingots with export quality exceeded 5555 tons.

Breakthrough in wildcat strike sees some Congo copper drivers resume work

Mining News Pro - Trucks carrying thousands of tons of copper in the Democratic Republic of Congo accompanied by security escorts have resumed travel toward the border with Zambia following a wildcat strike, two sources told Reuters on Thursday.

Bill Gates-backed mining startup wants to expand into Congo

Mining News Pro - KoBold Metals, a mining start-up backed by Bill Gates that’s developing a copper project in Zambia, is getting closer to investing in the neighboring Democratic Republic of Congo.

Copper, cobalt supplies from Congo stranded by truckers’ strike

Mining News Pro - Copper and cobalt produced by companies, including Glencore and CMOC, are stranded in Kolwezi, Democratic Republic of Congo (DRC), due to a truckers strike that started in late October, four sources with direct knowledge of the matter said.

Congo plans new copper-cobalt smelter to serve informal miners

Mining News Pro - Democratic Republic of Congo said it’s backing plans for a new domestically owned copper-cobalt plant to help formalize artisanal mining in the country, at a time when minerals crucial to electric vehicles are moving further into the global spotlight.

Mongolia, Rio Tinto have resolved nearly all copper mine tax issues

Mining News Pro - Mongolia has settled almost all of its outstanding tax issues with Rio Tinto over development of the giant Oyu Tolgoi copper mine and is confident that the remaining issues will be resolved, the country’s prime minister told Reuters.

Mongolia, Rio Tinto have resolved nearly all copper mine tax issues- PM

Mining News Pro - Mongolia has settled almost all of its outstanding tax issues with Rio Tinto over development of the giant Oyu Tolgoi copper mine and is confident that the remaining issues will be resolved, the country’s prime minister told Reuters.

Trafigura’s $600 million cobalt play faces cash crunch in Congo

Mining News Pro - Trafigura Group has been forced to seek new funding for one of its flagship investments — a $600 million copper-cobalt project in the Democratic Republic of Congo — in the latest headache for the trading house’s embattled metals business.

CMOC agrees to pay Congo’s Gecamines $800 million to end row

Mining News Pro - China’s CMOC Group has reached an agreement with Congo state mining firm Gécamines and will pay $800 million to end a dispute over its Tenke Fungurume Mining (TFM) operation in the country, it said on Tuesday.

US bill aims to counter China control of Congo critical minerals

Mining News Pro - The Chairman of the House Africa subcommittee, Representative John James of Michigan, introduced a bill requiring the creation of a US national strategy to secure supply chains of critical minerals from Democratic Republic of Congo.

Mongolian PM discusses EV investment, cooperation with Elon Musk

Mining News Pro - Mongolian Prime Minister L. Oyun-Erdene and Tesla CEO Elon Musk discussed potential investment and cooperation in the electric vehicle sector at a virtual meeting on Tuesday, a statement issued on behalf of the Mongolian government said.

Congo-UAE gold export deal raises ‘great concerns’

Mining News Pro - A 25-year deal published this week by the Congolese government hands a little-known UAE firm exclusive rights to export artisanal gold at preferential rates, prompting criticism it will solve none of the issues it was meant to address.

Congo halts ERG’s copper project after waste leakage

Mining News Pro - Eurasian Resources Group’s Boss Mining copper and cobalt project has been halted by the Democratic Republic of Congo’s government, which cites environmental concerns after flooding in March sent mine waste into a river and nearby town.

Congo to hike stake in copper, cobalt venture with China

Mining News Pro - The Democratic Republic of Congo aims to boost its stake in a cobalt and copper joint venture with Chinese firms to 70% from 32%, on concerns the deal gives away too much of Congo’s resources with little benefit to the country.

Congo President heads to China amid mining contract negotiations

Mining News Pro - Democratic Republic of Congo President Felix Tshisekedi will visit China next week as the two nations look to conclude the re-negotiation of a $6.2 billion mineral-for-infrastructure deal, people with direct knowledge of the trip said.

Developer of Alaska’s Pebble mine raises ongoing concerns

Mining News Pro - Northern Dynasty Minerals Ltd on Monday raised doubts about its ability to continue as a going concern if the company is unable to raise the necessary capital for the Pebble copper and gold mining project in Alaska.

Developer of Alaska’s Pebble mine raises ongoing concerns

Mining News Pro - Northern Dynasty Minerals Ltd on Monday raised doubts about its ability to continue as a going concern if the company is unable to raise the necessary capital for the Pebble copper and gold mining project in Alaska.

ESCO is planning to produce high added-value ingots

Mining News Pro - Esfahan Steel Company’s steelmaking department, in cooperation with other departments, produced 250x360 ingots.

Esfahan Mobarakeh Steel co.
HOSCO
khuzestan steel
chadormalu Co.
ghadir neiriz co
IranAluminaJaajarm
sangan steel
ahan o fulad golgohar