Notice. This page is informational and general in nature. Any investment, acquisition, or partnership is subject to legal due diligence, title verification, regulatory approvals, KYC and AML screening, sanctions checks, and definitive documentation.
DRC Mining Investment Holding
FG Capital Advisors runs a mining investment holding strategy in the Democratic Republic of Congo. We buy stakes in mining projects, acquire and structure permit positions, and focus on assets that can move from field opportunity to financeable platform.
Our core focus is battery metals. We also allocate selectively to gold assets where title, geology, and pathway to value are clear.
Explore The Battery Metals Investment FundCommodity Focus and Entry Strategy
| Focus Area | Target Profile | Entry Route | Value Creation Path |
|---|---|---|---|
| Battery Metals | Copper, cobalt, lithium, nickel, manganese, and associated critical minerals. | Permit acquisition, project-level stake purchase, staged JV entry. | Title consolidation, technical de-risking, structured capital readiness. |
| Gold Assets | Early-stage to growth-stage projects with realistic extraction pathways. | Equity participation, phased capital entry, structured co-control terms. | Data quality upgrade, operating plan clarity, follow-on financing positioning. |
What We Acquire and How We Structure
| Structure Type | Use Case | Control Mechanics | Risk Control |
|---|---|---|---|
| Direct Permit Acquisition | Permit holder seeks liquidity or strategic partner. | Clean chain-of-title transfer with documented approvals. | Pre-close legal verification and transfer-condition checklist. |
| Minority Stake with Protective Rights | Sponsor wants capital while retaining operational leadership. | Reserved matters, board rights, reporting covenants. | Information rights, negative covenants, phased capital calls. |
| Milestone-Based Earn-In | High potential asset with staged technical uncertainty. | Tranche release linked to measurable technical milestones. | Capital discipline tied to verified field progress. |
| Portfolio Platform Build | Multiple permits or adjacent targets under one strategy. | Centralized governance with project-level accountability. | Diversification across geology and development timelines. |
Field Insights Most Pages Do Not Explain
The biggest losses in this market rarely come from headline geology. They come from title, execution friction, and sequencing errors between legal, technical, and commercial workstreams.
| Deep Insight | Why It Matters | Our Execution Approach |
|---|---|---|
| Cadastre status alone does not equal transfer-ready control | A permit can appear valid while transfer conditions remain unresolved in practice. | We run title-chain verification and pre-close condition mapping before committing to entry terms. |
| Permit perimeter overlap risk is often underestimated | Overlap conflicts can stall development and financing, even with strong technical results. | We push early perimeter checks and legal reconciliation before scaling capex assumptions. |
| Assay data quality and custody chain can kill institutional interest | Inconsistent sampling discipline weakens confidence in resource narratives. | We emphasize verifiable QA/QC protocols and traceable data-room evidence for downstream investors. |
| Hidden social-access friction can distort project timelines | Teams often model drill schedules without pricing in local access constraints. | We treat access planning as a first-order input, not a late legal footnote. |
| Offtake prepayment terms can function like invisible senior claims | Poorly drafted commercial commitments can compress future financing flexibility. | We test draft offtake and prepayment language against future capital stack objectives before signature. |
| Logistics assumptions can erase gross margin at feasibility stage | Projects with good grades still fail if route, handling, and timing economics are weak. | We force early logistics reality checks into asset-level investment decisions. |
Principal Leadership: Kenny Kayembe
Kenny Kayembe is the principal leading this investment holding strategy. He focuses on origination quality, deal structuring, governance protections, and execution discipline from entry to value-inflection milestones.
The operating principle is direct: acquire control where it matters, price risk before capital deployment, and build assets in a format that serious capital can underwrite.
Frequently Asked Questions
1) Do you only invest in battery metals?
Battery metals are our core focus. We also invest in gold assets when title, development path, and economics support disciplined entry.
2) What is the biggest risk in early-stage DRC mining deals?
In our experience, the highest recurring risk is not headline geology. It is title-chain weakness, transfer friction, and mismatched legal-commercial sequencing.
3) Do you buy permits directly or only project equity?
We can do both. We assess whether direct permit acquisition, equity entry, or a staged earn-in structure is the best route for control and downside protection.
4) How do you handle uncertainty in technical data?
We treat data quality as an underwriting issue. Capital is typically staged around validated milestones instead of front-loading exposure on unverified assumptions.
5) Why is structuring as important as geology?
A strong ore narrative can still fail if governance, transfer rights, and future financing pathways are weak. Structure determines whether technical progress can convert into monetizable value.
6) Do you work with local and international partners?
Yes. Cross-border execution is often required. We prioritize clear role definition, legal alignment, and decision rights from the start.
7) Can your model support follow-on institutional capital?
That is a core objective. We structure assets and governance with downstream capital requirements in mind, rather than retrofitting later.
8) Where should I start if I want to understand your battery metals strategy?
Start with our Battery Metals Investment Fund page for mandate focus, positioning, and strategic direction.
For battery metals and gold opportunities in the DRC, review our strategy and current direction.
View Fund StrategyDisclosure. FG Capital Advisors is not providing retail investment solicitation through this page. Any participation remains subject to qualification standards, jurisdiction rules, due diligence, and definitive legal agreements.

