
The U.S. Confirms Interests in the DRC’s $1.2Trn Mineral Potential
The Democratic Republic of Congo is the world’s richest country in regards to mineral resources.
Read the latest Archives of oil, gas and energy news.
The Democratic Republic of Congo is the world’s richest country in regards to mineral resources.
The Adumbi initiative falls under Loncor’s Imbo Project where the company is developing several mining projects.
This collaborative project is expected to stabilize the energy supply and promote regional economic integration and development by enabling countries to leverage shared resources and infrastructure.
Copper production at Kamoa-Kakula increased by 12% in 2024 compared to 2023 levels.
The African Development Bank will lead efforts to raise $145 million for the Moyi Power Metro-Grids project, bringing solar-powered electricity to over one million people in the DRC.
Speaking to Energy Capital & Power, the SA-DRC Chamber of Commerce highlighted emerging opportunities for South African investors in the DRC’s mining industry.
During a South Sudan Country Spotlight at this year’s Critical Minerals Africa 2024 summit, Nilepet highlighted the country’s mining prospects and recent developments in the industry.
Scheduled for completion by late-2026, the solar park will supply clean electricity to over a million people, while reducing CO2 emissions by 300,000 tons annually.
Ivanhoe Mines has adjusted the complex’s production guidance range to between 425,000 and 450,000 tons for 2024.
Angola and the Democratic Republic of Congo have signed collaborative agreements for the co-development of offshore Block 14, as well as enhanced business and investment cooperation.