News from Virtus and media outlets about our work.
Reuters: Congo creates task force for US minerals deal, cabinet minutes say
Reuters covers the DRC's new task force to accelerate the U.S. strategic minerals partnership, citing Virtus Minerals' investment as its first tangible result.
Mechanized Mining Operations Begin At Mutoshi
Chemaf has begun mechanized mining at Mutoshi, a key milestone toward commissioning the new processing plant in early 2027.
Virtus Portfolio Company Chemaf Completes Community Water Stations
Chemaf's water-station program is expanding safe, reliable access for communities near Mutoshi, beginning in Mutakamari.
Virtus Minerals Announces MOU with Kennametal for Tungsten Exploration in the Democratic Republic of Congo
Virtus Minerals and Kennametal have signed an MOU to explore tungsten in the DRC, beginning with license PE 1776 in Haut-Lomami Province.
Fox News: US challenges China's critical minerals dominance with Congo mining deal
Fox News covers Virtus Minerals' push to counter China's dominance in critical minerals, with CEO Phil Braun on Chemaf's path to full production.
U.S. Embassy Delegation Visits Chemaf’s Mutoshi Site
Virtus welcomed a U.S. Embassy delegation to Mutoshi to review safety and formalization measures alongside progress toward production.
Virtus Minerals Meets with Governor on Mutoshi Operations
Virtus met with Lualaba Governor Fifi Masuka Saini to begin a partnership focused on responsible development at Mutoshi.
WSJ: In a Win for Trump US Firm Acquires Huge Congolese Cobalt Miner
The Wall Street Journal reports on Virtus Minerals' acquisition of Chemaf and the company's role in the DRC's critical-minerals sector.
Financial Times: US-backed group buys DR Congo copper-cobalt mine under minerals deal
The Financial Times reports on the U.S.-backed acquisition of Chemaf, advancing a key copper-cobalt investment in the DRC.
Virtus Mentioned in U.S. State Dept. Speech
The U.S. State Department cited Virtus and the DRC in outlining its America First in Africa critical-minerals strategy.
Gécamines Approves Virtus Minerals Acquisition of Chemaf
Gécamines approved Virtus Minerals' acquisition of Chemaf, completing one of the principal DRC regulatory approvals for the transaction.
Ministry of Mines Approves Chemaf Transfer of Control to Virtus
The DRC Ministry of Mines approved Chemaf's transfer of control to Virtus, supporting planned revitalization of its operations and local employment.
Virtus Minerals and Lloyds Metals Launch Community Health Initiative in Lubumbashi, DRC
Virtus, Lloyds Metals, and Chemaf completed a malaria-prevention and community-health initiative reaching more than 1,000 people near Chemaf's operations.
Business Insider Africa - U.S., China and India compete for Congo cobalt firm
Business Insider Africa covers the competition among U.S., Chinese, and Indian interests for a Congo cobalt company, including Virtus Minerals.
Bloomberg Law - Virtus agrees to buy Congo cobalt miner amid US pact
Bloomberg Law reports on Virtus Minerals' agreement to buy Chemaf amid a U.S.-DRC minerals pact.
Financial Times - Miner Chemaf emerges as first test of US-DR Congo minerals deal
The Financial Times examines Chemaf as an early test of the U.S.-DRC minerals partnership and Virtus Minerals' role in the transaction.
Bloomberg - Congo State Miner Proposes Deal for Cobalt Producer
Bloomberg reports on Gécamines' proposed deal for Chemaf, a cobalt producer sought by Virtus Minerals.
Bloomberg - Special Forces Veterans Lead US Bid to Buy Congo Cobalt Miner Chemaf
Bloomberg reports on Virtus Minerals and Orion Resource Partners' negotiations to acquire Chemaf.