November 2025 The mining sector of the Democratic Republic of Congo (DRC) is a major pillar of the national economy, representing more or less 80% of budgetary revenues and nearly 50% of public revenues. According to a survey by the Extractive Industries Transparency Initiative (EITI) published in 2023, this sector also constitutes 99% of exports […]
Rio Tinto has stockpiled 2 million tonnes of high-grade iron ore at its Simandou project in Guinea for a shipment in mid-November, three sources told Reuters, which would be the first from the mega-mine that should reshape global supply and prices. In its third-quarter production report published, Rio declared that SimFer – one of the
Rio Tinto Increases Its Stocks of Simandou to 2 Million Tonnes for the First Shipment Read More »
October 2025 HSBC bank has recently predicted that the rise in gold could push prices up to 5,000 dollars per ounce in 2026, supported by high risks and the impact of new entrants on the market. Spot gold has crossed the level of 4,300 $ a few days ago and is heading upwards since December
HSBC Bank Predicts That the “Bull Wave” of Gold Will Reach 5,000 $ in 2026 Read More »
October 2025 At the end of the third quarter the MINING.COM TOP 50 ranking of the world’s most valuable miners had a combined market capitalisation of just under $1.97 trillion, up nearly $700 billion so far in 2025 with most of the gains accumulated in the third quarter. The total stock market valuation of the
Top 50 mining companies surgeto new record near $2 trillion valuation Read More »
China’s resurgence in global trade is reshaping the power dynamic between the world’s two largest economies. While the United States doubles down on tariffs and technological restrictions, Beijing’s factories are roaring back to life, fueling a new phase of competition that is more strategic than transactional. The latest foreign trade figures show a sharp rise
Beijing’s Exports Redefine the Balance of Power Read More »
After participating in the Financial Times Africa Summit 2025, held from October 21 to 22 in London, the Minister of Mines, Louis Kabamba Watum, took part in a high-level business meeting organized by the DRC-UK Chamber of Commerce, in the presence of the British High Commissioner for Industry in Africa and several investors. Taking advantage
The mining sector in the Democratic Republic of Congo, rich in minerals like cobalt and copper, relies on a crucial industrial ecosystem for operation. MES Holdings plays a pivotal role in this ecosystem by providing engineering and manufacturing services, establishing local production facilities, and supporting recycling initiatives. This approach enhances industrial capacity, reduces reliance on imports, and fosters sustainable practices.
The Industrial Spine of Congo’s Cobalt Boom Read More »
The Democratic Republic of Congo has launched a new technical and financial audit into one of the most controversial mining agreements in Africa, the Chinese-backed Sicomines minerals-for-infrastructure deal. The review, announced on March 5 by the government’s Regulatory Agency for the Monitoring and Coordination of Collaboration Agreements (APCSC), will examine the mining operations, infrastructure spending
The $9B Sicomines Mining Deal Under Fire as Congo Orders New Audit Read More »
The rapidly escalating tensions between Israel, the United States and Iran are being framed as a geopolitical crisis. But for mining executives, investors and operators, this is something else entirely: An energy shock with direct margin consequences. The threat to the Strait of Hormuz — the artery through which roughly one-fifth of global oil supply
Strait of Hormuz Risk: Why Mining Executives Should Be Concerned Read More »
