Denham Capital, a private equity investor, has sold its 56% stake in Alphamin Resources, a tin producer based in the Democratic Republic of Congo (DRC), to International Resources Holding (IRH), an Abu Dhabi-based company owned by the UAE royal family. The transaction is valued at approximately C$503 million (around R6.5 billion). Alphamin owns the Bisie tin mine in the DRC. Meanwhile, Jubilee Metals is considering exiting its South African operations amid a scramble for copper, having received a conditional binding offer of up to $90 million (R1.6 billion) from a private mining and metals trading company for its platinum and chrome assets. In the DRC, American lawmakers have requested transparency guarantees to finalize mining agreements. Additionally, there are ongoing discussions within the DRC Senate about the state reclaiming copper and cobalt production, reflecting recent changes to the DRC Mining Code aimed at attracting investment and promoting national development. Separately, industry observers note the potential economic impact of oil on the DRC's future.