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2 clusters · 4 sources · 8 days · First seen · Last updated

DRC mining sector regulatory and structural reforms

Overview

The Democratic Republic of the Congo is implementing various regulatory and structural reforms to its mining sector. In South Kivu, the Ministry of Mines deployed an ad hoc commission to conduct compliance audits in areas including Mwenga, Fizi, Uvira, Baraka, and Shabunda. This initiative seeks to combat illicit activities by identifying “shell companies” that lack real activity but act as fronts for illegal transactions, following allegations that local cooperatives are being used to exploit gold.

On a broader scale, the government is pursuing international partnerships and legislative reviews. Minister of Mines Louis Watum Kabamba has engaged with Chinese mining groups and Tanzanian officials to attract investment and enhance regional cooperation. Concurrently, civil society organizations are working to propose revisions to the 2018 Mining Code to Parliament, focusing on improving sector governance, state control, and transparency.

Entities

Zijin Mining Group · Carter Center · Ministry of Mines · Democratic Republic of the Congo · Louis Watum Kabamba

Timeline

  1. 1 day ago

    [BUSINESS] 2 sources
    DRC pursues mining sector reforms through international partnerships and legislative reviews

    The DRC is working to strengthen its mining sector through international investment partnerships in China and domestic civil society efforts to revise the national Mining Code for better governance.

  2. 10 days ago

    [BUSINESS] 2 sources
    South Kivu mining audit targets illegal operators and shell companies

    A national commission is auditing mining companies in South Kivu to verify legal compliance and combat illegal mineral exploitation and the use of shell companies.

Sources

actualite.cd · lebarometre.cd · nzadinews.net · radiookapi.net