40.6 million USD invested in subcontracting, Kibali multiplies its positive impact on local economies in DRC

A total of 40.6 million US dollars invested by Kibali Gold Mines in the fourth quarter of 2021 with local contractors and suppliers (subcontracting). Which refers to 2.1 billion USD that this mining company has invested from its beginnings until 2021 for its subcontractors, in 12 years.

These revelations are made by Mark Bristow, Chairman and CEO of Barrick during a press conference held on Friday January 21, 2022 at the Memling.

Indeed, 380 subcontractors have benefited from the presence of Kibali since its beginnings in the province of Haut-Uélé.

With its policy of technology transfer and creation of a middle class, Kibali has been able to create new Congolese entrepreneurs who, in turn, employ their compatriots.

As a result, this policy has reduced the unemployment rate, at the same time reducing the renewed insecurity in this part of the country.

“We prioritize hiring and buying local. We build the skills and capacities of workers and suppliers in host countries to multiply our positive impact on local, regional and national economies,” explained Mark Bristow.

For his part, Cyril Mutombo, DRC Country Director of Barrick praised the capacity building advocated by Kibali.

“We have strengthened the capacity of our subcontractors. These people are diversifying. They don’t just do civil engineering work. They are also in work related to the construction of schools. They are also in heavy work. “, he said.

This diversification of subcontracting has the advantage of boosting the different sectors of the economy of this province.

In catering, some women provide food for the workers of this mining company. Thanks to this activity, they take charge of their homes.

In construction, there is the presence of the company IOB managed by a Congolese who knew how to build a hydroelectric power station.

“IOB is not alone in construction, we also have the presence of TBO, which has among its assets the construction of several works such as a house, church, schools, etc. “, he said.

In the management of human resources, Didi Mudogo knew how to plant its marks with its company MD Services which manages not only local workers but also expatriates.

Thanks to Kibali, the Managing Director of MD Services had other requests from multinationals. Thus, he invites Congolese subcontracting companies to be more meticulous.

The Uélé Motors group, for its part, specializes in the maintenance of vehicles and motorized machinery throughout the site.

On the other hand, ALUZA, whose CEO (Ibrahim Enoko) is from Aru, oversees professional watering at mining sites to avoid accidents. This company was born thanks to the technology transfer policy.

Kibali’s policy of using local labor responds favorably to the recommendations of the Regulatory Authority for subcontracting in the private sector (ARSP). And this, for the benefit of the Congolese.