Kibali Goldmines, the largest gold mine in Africa, recorded a significant increase in its production during the last quarter, according to the statements of the Chairman of the Board of Management of Kibali Goldmines, made in Kinshasa in front of a group of journalists. This increase also confirms that the mine is on track to meet its annual targets.
The mining company, which is celebrating 10 years of operation, is implementing its business plan for the next decade. It is considered one of the best in Barrick Gold Corporation’s portfolio of Level I mines, capable of producing over 500,000 ounces of gold at a cost below the industry average for at least 10 years.
Kibali Goldmines derives most of its energy from its three hydroelectric power stations built on the Kibali and Nzoro rivers. To ensure constant electricity production during the dry season, the construction of a 16 megawatt solar power plant is planned.
In addition to its economic contribution, the mine is also involved in community development. It promotes local suppliers and entrepreneurs, with significant economic benefits for the Democratic Republic of Congo. In addition, Kibali Goldmines actively supports the preservation of biodiversity, in particular through its support for Garamba National Park and the reintroduction of white rhinos.
In conclusion, Kibali Goldmines shows growth in its gold production and confirms its position as a world-class mine. Its commitment to community development and environmental preservation makes this mine an example of a successful partnership between the mining industry, government and local communities.
References :
– Source: Geopolismagazine
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