The national gold days in the Democratic Republic of Congo (DRC), called “Wolo”, are scheduled for October 24 to 25, 2023. These meetings promise to be a major event for the Congolese gold sector. The Organizing Committee, led by Prince Nyampala, recently met with Bernadette Pundu, coordinator of the Chamber of Mines of the Congolese Business Federation (FEC), to discuss strategies for the success of this work.
The objective of the national gold days is to highlight the efforts made in the DRC’s gold sector, emphasizing the economic benefits for national stakeholders. Prince Nyampala underlined the importance of first and foremost allowing the Congolese to benefit from the benefits of this booming sector.
The Chamber of Mines, represented by Bernadette Pundu, is committed to actively supporting the Organizing Committee in carrying out the “Wolo” project. As a department of the FEC, the Chamber of Mines plays a central role in the gold sector in the DRC. She works in close collaboration with FEC members and leading political actors, particularly through the Presidential Strategic Watch Council (CPVS).
The gold sector in the DRC is attracting growing interest, both from foreign investors and Congolese political decision-makers. Significant progress has been made in recent years, notably through initiatives such as the Primera Gold joint venture, which specializes in the purchase of artisanal gold. In just seven months of work, Primera Gold managed to mobilize more than 3 tonnes of gold, marking a significant increase compared to the 30 kilos exported annually a few years ago.
The results speak for themselves: revenues from the DRC’s gold mining sector reached a record figure of $1.2 million at the end of August 2023, compared to only $50,000 for the entire 2022 financial year. These figures demonstrate the The enormous potential of Congolese gold, and the national “Wolo” gold days will offer a unique opportunity to highlight this wealth and further promote national actors.
In conclusion, preparations for national gold days in the DRC are progressing rapidly. The exchanges between the Organizing Committee and the Chamber of Mines illustrate active collaboration and a common commitment to the development of the Congolese gold sector. “Wolo” promises to be a major event highlighting the economic potential of gold in the DRC and offering new perspectives for local stakeholders.