Primera Gold DRC SA Exports 125.542 kg of Gold to the UAE
Primera Gold DRC SA exported 125,542 kg of gold last weekend to the United Arab Emirates. According to the tweet from the communications manager of this state portfolio company, Ms. Gisèle Kayembe, who shared this information on her page month of October, Gold from artisanal mining.
Note that before the arrival of Primera Gold DRC SA, the province of South Kivu exported an average of 25 kg per year of gold from artisanal mining, for an amount equivalent to 1.5 million USD. And the entire DRC, an average of 100 kg exported per year, for an amount equivalent to 6 million dollars.
From January to September 30, 2023, Primera Gold DRC SA exported more than 3.5 tonnes, worth around $210 million. And this sufficiently materializes the wish of the Head of State, which is to make Congolese millionaires.
These are reassuring and very encouraging results for the future of the artisanal gold sector in the DRC, where fraud rather benefited neighboring countries.
More than one person is delighted with this record never achieved, which is equivalent to 140 years of exports for the province of South Kivu and 35 years for the Democratic Republic of Congo, if everything remained as before the arrival of Primera Gold DRC HER.
It should be noted that the objective of Primera Gold DRC SA remains the same: to manage to capture, in the days to come, 100% of the artisanal gold extracted in the DRC, and which still escapes the official circuit.
Primera Gold DRC SA has succeeded in implementing traceability of financial flows in the artisanal gold sector, only nine months since the start of its activities. 95% of direct payments are now made via Congolese banking institutions.
Which is a first in the DRC and in the artisanal gold sector. To date, this traceability allows the Congolese state to clearly identify the end consumers of dollars.
Furthermore, Primera Gold DRC SA has succeeded in setting up a vertical supply system for Gold from artisanal mining. Upstream, more than 80 validated and certified mining sites demonstrate, without ambiguity, the origin of the gold exported. More than 25,000 diggers grouped in 18 cooperatives actually work there.
Primera Gold DRC SA is a Congolese State Portfolio company in partnership with the United Arab Emirates, whose main activities are the purchase, marketing and export of artisanal gold, as well as the installation and the establishment of a decentralized digital ecosystem, with a fully integrated digital payment portal.
