Friday, 28 April 2017
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ANAPI will take part at the DRC Mining Week which will be taking place in Lubumbashi on 23-24 June: DRC Mining Week is a well-established annual mining investment event aimed at creating an enabling environment to boost the industrialisation of the mining sector. The three-day programme will feature: a two-day conference for international and national stakeholders to gain knowledge and                                                    ANAPI will take part at the Annual Investment Meeting 2017: Annual Investment Meeting is a premier event focusing on foreign direct investment (FDI) in growing markets. It is the leading global platform aimed at facilitating strategic networking and promoting investments while providing a rich learning experience. It gathers the international                                                    Burey Gold expands in Kilo-Moto greenstone belt: Mining company Burey Gold inked an agreement with Emirati firm Medidoc FZE to buy a 60% onterest in Tendao project which comprises five exploration licences covering a total of 1,456 km², in North-Western part of DR Congo. The deal will                                                    AfDB and Japan to spend $3bn to boost growth in Africa: During the sixth edition of the Tokyo International Conference for Africa’s Development (TICAD VI) recently held in Nairobi, Kenya, the African Development Bank (AfDB) and the government of Japan signed a $3 billion agreement to boost growth in private sector                                                    DRC will take part at The Sixth Tokyo International Conference on African Development (TICAD VI) Summit in Nairobi: The Democratic Republic of Congo will take part at The Sixth Tokyo International Conference on African Development (TICAD VI) Summit in Nairobi, Kenya's capital. The delegation led by the Managing Director of the National Vocational Training Institute (INPP), Maurice Tshikuya                                                    kwilu: sensitization of executives of the public administration on the improvement of the business climate: Executives of the public administration and the private sector in the province of Kwilu and particularly those from Bandundu city, the capital of the province have been sensitized for two days on the reforms implemented to improve the business and                                                    Need to adapt the geological map of the DRC to the understanding of new minerals: Mr. Ikoli, Deputy Chief of Staff of the Minister of Mines, noted the need to adapt the old geological map of 1972 to the understanding of new minerals at the opening of the validation workshop of the new geological map                                                    FIKIN opens its doors this Saturday 16th of July 2016: The fair activities of Kinshasa for the year 2016 will start on Saturday, July 16 and close on 15th August, announced the Director General of the International Fair of Kinshasa (FIKIN), Eugene Bokopolo. The N ° 1 of FIKIN engaged with the                                                    The Government has committed to improving the income of farmers for agricultural growth of at least 6%: The Government of the Democratic Republic Congo is planning to sustainably promoteagricultural and food sectors in priority and develop the agri-business between 2015 and 2016. The aim is to improve farmers' incomes and achieve an agricultural growth of at least 6%                                                    The African Development Bank (BAD) approves a grant of US $ 11 million for DRC to access electricity at lower: The African Development Bank (BAD) approved on Wednesday a grant of 11 million US dollars for the Democratic Republic of Congo. These funds support the «Subsidiary Action Program of the Equatorial Lakes of the Nile (NELSAP)" according to the Energy                                                   

Mining

I. Potentials in mineral wealth by province

  • The Democratic Republic of Congo is known for its mining potential representing 1,100 different minerals.
  • All provinces are entitled to own mineral wealth. The table below illustrates this reality and presents at the same time the different minerals that all provinces of the DRC abound in provinces.
Provinces
Minerals
Bandundu Diamond, oil, kaolin, clay.
Bas-Congo Bauxite, pyroschite, limestone, phosphate, vanadium, diamond, gold, copper, lead, zinc, manganese, marble, black and pink granite, rock-salt, iron, gypsum clay, talc, silica, kaolin, baryta, asphaltic schist.
Equateur Iron, copper and associated minerals, gold, diamond, limestone, kaolin, clay, granite, niobium, ochre.
Province Orientale Gold, diamond, iron, silver, clay, copper, kaolin, niobium, ochre, asphaltic schist, talc.
Kasaï Oriental Diamond, iron, silver, nickel, tin, clay, chromium, cobalt, copper, gold, kaolin, talc.
Kasaï Occidental Diamond, gold, manganese, chromium, nickel, clay, cobalt, platinum, copper, iron, kaolin, lead.
Katanga Copper and associated metals, cobalt, manganese, limestone, uranium, coal, niobium, gold, platinum, lithium, talc, tantalum, wolfram, zinc, clay, bismuth, cadmium, germanium, cassiterite, iron, granite, gypsum, kaolin, monazite, saltworks, beryl (emerald), sapphire.
Nord-Kivu Gold, niobium, tantalite, cassiterite, beryl, tungsten, manganite, clay, bastnaesite, coal, granite, monazite, niobium, platinum, wolfram, tantalum.
Sud-Kivu Gold, niobium, tantalite, cassiterite, sapphire, amblyogonite, argent, argile, bastnaésite, béryl, bismuth, diamante, diatomite, monazite, wolfram, zinc, tantale.
Maniema Etain, diamant, cassitérite, or, amblyogonite, lithium, clay, copper, iron, kaolin, manganese, columbium, lead, talc, tantalum, wolfram.
Kinshasa Clay, silica, kaolin, arkosic sandstone.

Source : CTCPM, Guide de l’investisseur du secteur des mines et hydrocarbures, juin 2003.

The geological reserves of some substances in D.R.Congo

Mineral substances Quantity (tons)
1 Copper 75 000 000
2 Lithium 31 000 000
3 Niobium 30 000 000
4 Manganese 7 000 000
5 Zinc 7 000 000
6 Cobalt 4 500 000
7 Iron (over 60%) 1 000 000
8 Cassiterite 450 000
9 Gold 600
10 Diamond (carats) 206 000 000

Source : www.cami.cd

II. The characteristics of Congolese minerals are as follows :

  • The Banalia deposits have a 65% higher iron content (low content in Si02).
  • The ores of (magnetite, hematite, mastitis, goethites) in Katanga have a content varying between 54 and 66% iron and 3 and 21% silica without many impurities.
  • Chromium and Nickel have an average content of 1.45% and 3.8% Cr. The lead vanadate deposit has an average ore content of 25-30% lead and 5-6% vanadium, etc.
  • Bauxite is located at Sumbi and Sanzala with a content of 48% Al.
  • The phospate resources of Fundu Nzobe in the district of Bas-Congo estimated at 70 million gross tons have an average content of 27% P2O5. At Kanzi, the same resources are estimated at 25 million tons at an average content of 17% P2O5. At Vangu, they are estimated at 20 million tons at 22% P2O5.

III. Achievement

The reform of this sector through the opening to private partners allowed the DR Congo to attract several subsidiaries of large multinationals in the world. The success story indicates the presence in DRC of companies such as : TENKE FUNGURUME MINING (FREE PORT McROAN, KOLWEZI COPPER COMPANY (KINROSS-EGMF) KIBALI GOLD MINING Mutanda, ASHANTI GOLDFIELD KILO, Twangiza MINING, etc.

That massive presence has led to the significant increase in the volume of mining production in the DRC from 2006 to 2014 as shown in the table below.

 

Source : Central Bank of Congo, Condensé d’informations Statistiques, Kinshasa, January 2015.

Figure 1 : Evolution of the production volume of copper and cobalt in the DRC from 2006 to 2014

Source : Generated based on the data in Table 1.

Figure 2 : Evolution of zinc production volume, diamond and raw gold from the DRC from 2006 to 2014

Source : generated based on the data in Table 1.

IV. Prospect

  • The revival of mining production by existing companies or those to be established to support growth and employment. In this respect, the targets by mining products are as follows :
    • Copper : 500,000 tons in 2011 to 1,500,000 tons by the end of 2015 ;
    • Cobalt : 120,000 tons in 2011 to 180,000 tons in 2015 ;
    • Zinc : 19,000 tons in 2010 to 60,000 tons in 2015 ;
    • Gold : 5,000 kg in 2011 to 12,000 kg in 2015 ;
    • Diamond : 22 to 27 million carats in 2015 ;
    • Coltan : 500 tons per year from 2012 to 2016
    • Wolframite : 1,200 tons per year between 2012 to 2016 ;
    • Cassiterite : 10,000 tons per year between 2012-2016.
  • Bring the mining sector’s contribution to the State budget from 9% in 2010 to 25% in 2016 and the contribution to GDP from 12 to 20% in 2016.
  • Increase the public and private investment rate in the mining sector from 10% of GDP on average per year during the 2012-2016 period ;
  • So to achieve this vision, the Government of the DRC has to improve more governance and transparency in the mining sector management and the traceability of public revenues ;
  • For this purpose, it will be evaluated, revised and popularized the Act No. 007/2002 of 11 July 2002 on the Mining Code, set up a national geological department and evaluated the titles already granted in order to improve the mining cadastral file, etc.

V. Legal Framework

The mining sector in the Democratic Republic of Congo is regulated by Law No. 007/2002 of 11 July 2002 on the Mining Code and Decree No. 038/2003 of 26 March 2003 on Mining Regulations.

The new Code has the merit to reaffirm the principle that the rights under the mining concessions are distinct from those land concessions so that a land dealer cannot claim his title to demand any property right on mineral substances contained in the subsoil. Furthermore, the new Code performs a classification of mineral deposits in mines and quarries.

It precises that the President of the Republic may declassify or reclassify a mining substance into quarry product and vice versa.

The Mining Code pursues the following objectives :

  • Create a win-win framework for all ;
  • Develop and encourage infrastructure for all ;
  • Develop human capital of DRC ;
  • Develop the processing capacity locally ;
  • Develop the DRC as a destination for foreign capital and technology ;
  • Encourage the immediate development of the country and not speculation.

Why Invest In DR Congo ?

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