D.R. Congo. Global Witness warns today that potential ad hoc application of the new mining law in Democratic Republic of Congo, plus weaknesses in its transparency and conflict of interest measures, …

Environmental Justice. The race for high-tech metals has sparked a cobalt boom in the Democratic Republic of the Congo that has come at a steep human cost. In an e360 interview, author Siddharth Kara talks about the horrific conditions in the mines that are putting thousands of workers at risk.

Industrial and artisanal miners in the Congo need a new cobalt compact. Companies should help create a system that benefits …

The cabinet of new Prime Minister Judith Suminwa Tuluka needs to be appointed and sworn in before any new regulations can be adopted. State officials involved in the mining industry are divided on ...

One of the major changes3 brought by the New Mining Code is the increase of mining royalties payable by the mining companies. The New Mining Code raises royalties on minerals: non ferrous royalties are raised from 2% to 3.5% and precious metals from 2.5% to 3.5%, both calculated on the gross market value of the products. It also creates a

The Republic of the Congo moves to reduce mercury pollution from its artisanal and small-scale gold mining sector. $10.5-million initiative will promote technical solutions, access …

It's also toxic and mined in Congo—where thousands of workers toil in "subhuman" conditions. By Kara Norton. December 21, 2023. Cobalt is essential for powering our modern technology. The ...

Kinshasa, Democratic Republic of Congo – Kibali, the largest gold mine in Africa, ... Once the mine's new 16 megawatt solar plant and additional battery energy storage infrastructure, designed to back up the hydropower supply during the region's dry season, are commissioned, it is expected the mine's overall renewable electricity supply ...

Item 1 of 3 Artisanal miners work at Tilwizembe, a former industrial copper-cobalt mine, outside of Kolwezi, capital city of Lualaba Province in the south of the Democratic Republic of the Congo ...

A version of this article appears in print on, Section A, Page 13 of the New York edition with the headline: Congo Ousts Top Leader Of State Mining Company. Order Reprints | Today's Paper ...

The Revised Code includes a new requirement for 10 per cent of the shares in a mining company to be held by Congolese citizens. 22 However, it is not clear whether the requirement applies only upon the issuance of a new mining licence (as is the case for State participation) or to existing titleholders as well. Domestic Processing and …

Congo's new mining law raised royalties on minerals across the board and removed a clause that protected miners from changes to the fiscal and customs regime for 10 years.

Hunt for the 'Blood Diamond of Batteries' Impedes Green Energy Push. Dangerous mining conditions plague Congo, home to the world's largest supply of cobalt, a key ingredient in electric cars ...

Yearly artisanal output has ranged from 15,000 to 30,000 tonnes depending on price in recent years, which makes the mining cooperatives the world's second largest producer after Congo's official ...

Updated 8:39 AM PDT, February 19, 2024. CAPE TOWN, South Africa (AP) — Aid organizations fear a new humanitarian crisis in the restive eastern Congo region, …

The 35-member union includes China Molybdenum Co.-controlled Tenke Fungurume Mining and MMG Ltd., as well as subsidiaries of China Nonferrous Metal Mining Group and Huayou Cobalt Co. Sicomines ...

The Democratic Republic of Congo adopted a new Mining Code, but industry and government are at loggerheads over taxation. Last month, the Democratic Republic of Congo (DRC) enacted a law to …

March 15, 201810:43 AM PDTUpdated 6 years ago. DAKAR (Reuters) - In an ornate room in Democratic Republic of Congo's presidential palace last week, some of global mining's most powerful men faced ...

In December 2022, the EU released a new regulation that will replace the existing Battery Directive from 2006. This new regulation will require companies to source battery …

Chinese mining company China Molybdenum (CMOC) is set to invest $1.826bn for the development of phase one of the Kisanfu copper and cobalt project in Congo. The project is expected to meet the surging demand for the commodities from the new energy sector. CMOC purchased a 95% stake in the KFM project in December …

Congo, the world's cobalt producer and Africa's biggest copper miner, reinstated a ban on exports of concentrates last month to encourage miners to process and refine the ore locally.

The cabinet of new Prime Minister Judith Suminwa Tuluka needs to be appointed and sworn in before any new regulations can be adopted. State officials …

Kinshasa, Democratic Republic of Congo – Kibali, the largest gold mine in Africa, is now also one of the greenest mines on the African continent, Barrick president …

Economic Situation. After peaking at 8.9% in 2022, real GDP growth in the DRC remained robust at 7.8% in 2023, supported by a strong mining sector, which grew by 15.4% contributing around 70% to overall growth in 2023. Agriculture production slowed to 2.2% growth in 2023 (from 2.4 % in 2022). On the demand side, growth was led by …

Feb. 28, 2022. A court in the Democratic Republic of Congo has sidelined the Chinese owner of one of the world's largest copper and cobalt mines, a major victory for the Congolese government as ...

Through our new GoodStone™ initiative, GoodWeave International and front-line partners in the DRC plan to pilot a project to address child and forced labor in artisanal cobalt mining. This work will include assessing the feasibility of a standard, similar to the GoodWeave Standard, to ensure international human rights and sustainability …

By TAIWO ADEBAYO. Updated 6:56 AM PDT, September 12, 2023. ABUJA, Nigeria (AP) — The mining of minerals critical to electric vehicle batteries and …

Last updated: 18/11/2022. Democratic Republic Of Congo. "We're screwed," said Alphonse Fwamba Mutombo, standing on a plot of rubble overlooking an open-cast cobalt mine in …

ABUJA, Nigeria (AP) — The mining of minerals critical to electric vehicle batteries and other green technologies in Congo has led to human rights abuses, including forced evictions and physical assault, according to a new report from Amnesty International and another rights group.. Congo is by far the world's largest producer of cobalt, a …

in March 2018, the President of Congo (Kinshasa) signed law no. 18/001 of March 9, 2018, which was the country's new mining code. The new law increased royalties for precious metals to 3.5% from 2.5%, and for nonferrous and base metals, to 3.5% from 2%. The law also introduced a royalty of 10%