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DRC Signs Major Mining Deal with U.S.-Backed KoBold Metals

Summary by Africa News
The Democratic Republic of Congo has signed a framework agreement with American mining firm KoBold Metals to explore critical mineral resources. The signing took place Thursday in Kinshasa, in the presence of President Félix Tshisekedi.

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The United States is continuing its offensive in the mining sector in the Democratic Republic of the Congo. At the end of June, a peace agreement was signed between Kinshasa and Kigali under the auspices of Washington, and the question of American access to minerals in the Congolese basement was at the heart of the discussions. Thursday in Kinshasa, in the presence of Félix Tshisekedi, took place the signing of an agreement in principle between …

·Paris, France
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Radio France Internationale broke the news in Paris, France on Saturday, July 19, 2025.
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