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DRC
The advance of M23 frustrates DRC Gold Trading's plans

State-owned DRC Gold Trading, which aims to combat gold smuggling in the east of the country, has been hit hard by the expansion of the area controlled by M23 rebels. [...]

Published on 11/03/2025 at 04:40 GMT Reading time 2 minutes

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Mining

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DRC
CJX Minerals
DRC Gold Trading
Gecamines
Joseph Kazibaziba
Kizito Kapinga Mulume
M23
Mining Fund for Future Generations
Primera Gold

DRC
Kinshasa seeks to firm up ambitious Plan Nkita 2035

Despite his second term being overshadowed by the conflict in the east, President Tshisekedi and his government are elaborating a plan to transform the country's economy over the next decade. One of the aims is to ensure that the future Kinshasa Mercantile Exchange lives up to its full potential.

Subscribers only Finance 21.03.2025

Spotlight | DRC
Tshisekedi dangles mineral resources in exchange for help against M23

Congolese President Félix Tshisekedi has been pulling out all the stops to buy time since Rwandan-backed rebels captured swathes of territory in eastern DRC. He hopes that offering mining projects will win him support from the US and the United Arab Emirates.

Subscribers only Defence 05.03.2025

M23 rebels at the Goma-Gisenyi Grande Barrier border crossing, 1 March 2025.

Spotlight | DRC
Gécamines backfill project in Lualaba attracts keen interest

The mining entrepreneur Joseph Kazibaziba has launched a pilot project in the Katangese province to exploit artificial deposits in order to transform them into copper cathodes. Close to the government, he has hired a stepdaughter of a presidential adviser to help his mission along.

Subscribers only Mining, Politics 28.11.2024

Miners on the banks of a large mine embankment on 23 April 2018 in Kolwezi in the DRC.

DRC
Kinshasa out to save Primera Gold

In financial difficulty since the departure of its Emirati partner, the state-owned artisanal gold producer is to receive a capital injection of $25m from the Mining Fund for Future Generations.

Subscribers only Commodity traders 25.10.2024

Spotlight | DRC
Tshisekedi's South Kivu gold headache

Primera Gold has a monopoly on the trade and export of artisanal gold from the eastern province thanks to a partnership between the DRC and UAE. But it has not been able to stem the flow of illicit gold to neighbouring countries.

Subscribers only Mining, Commodity traders 19.01.2024

The President of the Democratic Republic of Congo Felix Tshisekedi with his Emirati counterpart Mohamed bin Zayed al-Nahyan in Abu Dhabi on 24 January 2023.

Spotlight | DRC
Rubaya mine at heart of vast coltan trafficking network

Tonnes of the strategic mineral coltan are being extracted and exported illegally from mines owned by the family of MP Edouard Mwangachuchu Hizi, who is currently being tried by a military court. Armed groups have been trafficking the mineral, allegedly with the complicity of the security forces.

Subscribers only Mining, Politics 06.07.2023

Edouard Mwangachuchu, founder and former director of SMB, in the mining territory of Masisi, in 2011

Spotlight | DRC
Kinshasa turns to the mining companies for fresh funds

As it struggles to balance its books despite record revenues last year, Kinshasa is looking to the mining sector to help it improve its finances. The government is using every means at its disposal, including a tax on exceptional profits and an increase in Chinese companies' royalty payments.

Subscribers only Mining 21.06.2023

President of the DRC Felix Tshisekedi, 4 February 2023.

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DRC
CJX Minerals
DRC Gold Trading
Gecamines
Joseph Kazibaziba
Kizito Kapinga Mulume
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Mining Fund for Future Generations
Primera Gold

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DRC
The advance of M23 frustrates DRC Gold Trading's plans

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DRC
Kinshasa seeks to firm up ambitious Plan Nkita 2035

Spotlight | DRC
Tshisekedi dangles mineral resources in exchange for help against M23

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Gécamines backfill project in Lualaba attracts keen interest

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Kinshasa out to save Primera Gold

Spotlight | DRC
Tshisekedi's South Kivu gold headache

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Rubaya mine at heart of vast coltan trafficking network

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Kinshasa turns to the mining companies for fresh funds

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Indigo Publications' websites

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DRC The advance of M23 frustrates DRC Gold Trading's plans

This article may be accessed by subscribers

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Create your free account

create a free account

Set up email notifications for these topics

DRC Kinshasa seeks to firm up ambitious Plan Nkita 2035

Spotlight | DRC Tshisekedi dangles mineral resources in exchange for help against M23

Spotlight | DRC Gécamines backfill project in Lualaba attracts keen interest

DRC Kinshasa out to save Primera Gold

Spotlight | DRC Tshisekedi's South Kivu gold headache

Spotlight | DRC Rubaya mine at heart of vast coltan trafficking network

Spotlight | DRC Kinshasa turns to the mining companies for fresh funds

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Nigeria
The latest secrets of a $10bn legal scandal between Abuja and London

Cameroon, Central African Republic
Between business and politics, the secrets of Antoine Ndzengue's rise

DRC
The advance of M23 frustrates DRC Gold Trading's plans

DRC
Kinshasa seeks to firm up ambitious Plan Nkita 2035

Spotlight | DRC
Tshisekedi dangles mineral resources in exchange for help against M23

Spotlight | DRC
Gécamines backfill project in Lualaba attracts keen interest

DRC
Kinshasa out to save Primera Gold

Spotlight | DRC
Tshisekedi's South Kivu gold headache

Spotlight | DRC
Rubaya mine at heart of vast coltan trafficking network

Spotlight | DRC
Kinshasa turns to the mining companies for fresh funds