The Kibali gold mine: a leader in the gold industry in Africa, combining economic success and environmental commitment

Fatshimetrie, July 2, 2024

After massive investments in modernizing its technology and infrastructure, the Kibali gold mine, located in the Democratic Republic of Congo, plans to maintain its annual production of 750,000 ounces for the next 10 years. This statement was made by the CEO of the Barrick company during a press conference held recently in Kinshasa.

Mark Bristow, managing director of Barrick, highlighted that Kibali is not only the largest gold mine in Africa, but also one of the most automated. With new investments in technology and capacity, the mine is ready to meet the challenges of the future while maintaining its leading position in the gold sector.

In addition, with its three hydroelectric plants, Kibali positions itself as a pioneer in the use of renewable energies. Once its backup solar power plant and battery storage system are operational next year, the share of renewable energy in its energy mix will reach 85%.

Beyond its economic performance, Kibali is also committed to preserving the environment and biodiversity. The reintroduction of a permanent population of white rhinos into Garamba National Park, supported by the mine in collaboration with African Parks and the DRC government, is a concrete example. Additionally, Barrick’s coffee project in Haut-Uélé province aims to revitalize the Robusta coffee industry, thereby contributing to local economic development and the preservation of traditions.

Finally, the Barrick CEO highlighted the importance of partnerships built with the government and local communities for the success of the Kibali mine. These alliances have enabled the region to transform into a prosperous new economic frontier, creating employment and development opportunities for more than 500,000 residents.

In conclusion, the Kibali gold mine positions itself as an example of success in the mining sector in Africa. Thanks to its commitment to sustainable development, environmental preservation and cooperation with local stakeholders, it continues to play an essential role in the Congolese economy and in the protection of the region’s biodiversity.

This article has been written with rigor and objectivity, highlighting the achievements and promising prospects of the Kibali mine in a context of sustainable economic and environmental development.

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