The mining sector in the Democratic Republic of Congo is undergoing significant changes with the transformation of Primera Gold into DRC Gold Trading, a new, entirely Congolese entity. This strategic shift was initiated by the Congolese State, which has regained full control of the company’s share capital, thus aligning with a dynamic of economic sovereignty.
The new shareholder structure of DRC Gold Trading, split 55% for the State, 15% for Gécamines and 30% for the Mining Fund for Future Generations (FOMIN), aims to ensure a more equitable exploitation of the country’s gold resources. President Félix Tshisekedi has highlighted in his recent speeches the importance of this transition to a national company, calling on local stakeholders to support this historic initiative.
DRC Gold Trading aims to achieve a remarkable annual production of 150 tonnes of gold, with a projected turnover exceeding US$12 billion. This project promises to boost the Congolese mining sector, by offering new opportunities to artisanal miners and ensuring a fair redistribution of the wealth generated by gold mining.
The social aspect is central to DRC Gold Trading’s vision, which is committed to integrating local populations into its operations. Programs aimed at improving the living conditions of artisanal miners, such as universal health coverage and education, are at the heart of its concerns. In addition, the company’s approach includes a constant concern for environmental protection, in compliance with international standards for sustainable mining.
DRC Gold Trading’s various branches, located in key provinces of the country, will support local development and strengthen ties between the company and surrounding communities. The head office located in South Kivu offers employment and economic growth prospects for the region, while participating in the consolidation of a more transparent and responsible gold sector.
In conclusion, the transformation of Primera Gold into DRC Gold Trading is a crucial step in the development of the DRC’s mineral resources. This innovative project, combining economic performance and social responsibility, illustrates a new, more inclusive and sustainable mining model for the future of the country.