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DEMOCRATIC REPUBLIC OF CONGO
OFFICE OF THE GOVERNOR
ORIENTAL PROVINCE
Opportunities in precious metals mining sector in DRC
Accra, 28th September 2015
Albert ZAMUNDU
Agenda
• Overview of The Democratic Republic of
Congo
• An Introduction into the Precious Metal
Mining Sector
• Minerals In the National Economy
• Small Scale Artisanal Mining
• Conclusion
Overview of the DRC
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Population 70 million
+3.4 million km sq.
Broken 11 Provinces
10th in the world
ranking of mineral
reserves
• Over 2.5m artisanal
digger (1/2 specific to
gold.
• 9 bordering countries &
the hart of ICGLR
Province Oriental
Precious Mineral Mining Sector
• Top Minerals: Copper, Cobalt, Gold, 3T’s & Diamonds
• Top 3 Industrial Mining: Kibali Gold (RandGold), Tenke Fungurume & Banro
• Top Mining Areas: Province Oriental, Katanga & South Kivu
Mineral’s in the National Economy
• Export 75%, Fiscal Revenue 25%, GDP 25%
• Majority Foreign Direct Investment (FDI) is in
Mining!
• Challenging & evolving Market
Small Scale Artisanal Mining
• Challenging with huge potential
• Unstructured & Unformal
• Estimated 500k diggers in
Province Oriental alone
• Social Economic Impacts
• 97% of artisanal gold
smuggled to neighboring
countries!
• Sustainable & rewarding
solutions exist: MineralCare
Conclusion
• Opportunities are present
for the right investor
• Challenges do exits
• ROI are achievable
• Transparency is key!
• Training & equipment are
required
• Social and Economic
Empowerment
• Beneficiations is crucial!