News: The withdrawal of Congo Gold Raffinerie’s license arouses strong reactions
In a surprising decision, the Ministry of Mines withdrew the approval of the gold refinery mining company, Congo Gold Raffinerie, based in Bukavu (South Kivu). This decision was motivated by the non-compliance with the social obligations of the company, in particular with regard to the development of the specifications of societal responsibilities. This decision led to the postponement of the inauguration of the first gold refinery in the Democratic Republic of Congo.
However, some experts are surprised by this decision, pointing out that processing entities are not subject to the same obligations as holders of mining exploitation rights. According to them, the spirit of the mining code does not impose these obligations on refineries. This controversy raises questions about the validity of the decision of the Ministry of Mines.
On the side of Congo Gold Raffinerie, officials say they are perplexed by this decision. They claim to have complied with all legal requirements and underline the importance of this refinery for the economic development of the region.
The Bukavu gold refinery, the first in the DRC, is a modern factory of nearly 1200 square meters, capable of processing 200 kg of gold per day and 2 tons per month, with a high content. Its commissioning was eagerly awaited and was expected to help stimulate economic activity in the region.
This decision to withdraw license raises questions about the stability of the mining sector in the DRC and highlights the challenges the country faces in the management of its natural resources. It remains to be seen whether Congo Gold Raffinerie will be able to appeal this decision and whether solutions will be found to relaunch the gold refinery project in Bukavu.
In the meantime, this news reflects the importance of the mining sector in the DRC and its socio-economic challenges. Proper management of natural resources is essential to ensure sustainable and equitable development of the country. It is therefore essential to find solutions to resolve the differences and prevent disruptions that could harm the economic growth of the DRC