Diverding between Zijin Mining and Ivanhoe Mines emerge following a seismic incident at the Kamoa-Kakula copper mine in the DRC.


### Kamoa-Kakula: between concerns and future prospects for the copper mine in the DRC

On May 23, 2025, the dynamics around the Kamoa-Kakula copper mine, located in the Democratic Republic of Congo (DRC), was marked by contradictory declarations between two of the main shareholders, Zijin Mining and Ivanhoe Mines. This situation raises many challenges, both economic and vinnated, in an already sensitive context for the mining sector in Africa.

#### The context of the seismic incident

A recently seismic incident led to the partial suspension of Kamoa-Kakula operations, with immediate consequences on production forecasts. Although the incident has aroused various reactions, it is important to note that the challenges related to the safety of operations are at the heart of the concerns of all the actors involved.

Zijin Mining, a Chinese company coactionary of the project, expressed concern in the face of the harmful effects of the incident, evoking roof collapse in the underground mine. In contrast, Ivanhoe Mines, the other key and responsible actor in daily operations, minimized the impacts, indicating that only surface rock falls had been observed. This divergence of interpretation deserves to be examined from different angles to understand the implications that result from it.

### Safety and production issues

The question of the safety of mining installations is fundamental, not only for the protection of workers, but also for the sustainability of operations. The approach of Ivanhoe Mines, consisting in sending experts to inspect the facilities, demonstrates a concern for rigorous risks. However, Zijin Mining’s decision also considers new inspections could indicate a desire to deepen the analysis and strengthen security measures.

It is essential to wonder if this situation highlights deeper divergences concerning operating methods. Would the need to reassess existing practices, such as exploitation, backfilling and hydrogeological management, lead to a questioning of the standards in force? A collective reflection on these practices could offer avenues for improvement and encourage a proactive security culture.

### Economic repercussions

The economic impact of this incident is already felt, with an approximate decrease of 10 % of the course of the action of Ivanhoe Mines in a few days. This raises a crucial point: how do these fluctuations affect the perception of investors, not only for Ivanhoe, but also for the entire Congolese mining sector?

The significant net profit of Zijin Mining, generated from Kamoa-Kakula in 2024, underlines the important contribution of this mine to their results. Simultaneously, the participation of the Congolese State up to 20 % in the project draws attention to the role of government in the protection of national interests in the uninforceable of the mining sector. What could the Congolese state do to ensure that operations remain in accordance with safety standards while guaranteeing a return on investment for the local population?

### towards a collaborative approach

This situation is an opportunity for encouraging an open dialogue between all the actors concerned: mining companies, Congolese authorities and environmental organizations. Transparency in the communication of the results of the current survey is essential to restore confidence and demonstrate a commitment to responsible practices.

The imminent publication of an update by Ivanhoe Mines could also provide significant clarifications, both on the current state of operations and on future forecasts. This could also mark the beginning of a more collaborative approach between Zijin Mining and Ivanhoe, essential for navigating in this climate of uncertainty.

#### Conclusion: a turning point for Kamoa-Kakula?

In short, the current situation of the Kamoa-Kakula copper mine raises crucial questions about security, risk management and operating practices, while highlighting the complexity of relations between shareholders. A dream of economic prosperity must be combined with social and environmental responsibility. The future of this mine, and by extension, from the mining sector in the DRC, will depend on the capacity of actors to work together to find lasting solutions. A vigilance remains to be stated to ensure that the Kamoa-Kakula site is not only a wealth extraction site, but also a model of development respectful of men and the environment.

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