DRC Moves to Revive Historic Mongbwalu Gold District Through New Industrial Mining Partnership
DRC Launches Mongbwalu Gold Venture to Formalise Ituri Mining and Boost Industrial Gold Production The Democratic Republic of Congo (DRC) is advancing efforts to formalise and industrialise its gold sector through a new joint venture to develop the historic Mongbwalu gold district in Ituri Province, one of the country’s richest but most challenging gold-producing regions. The project brings together the state-owned mining company Société Minière de Kilo-Moto (SOKIMO) and Shari Minerals (SHM), a mining company established in 2025 to develop the Mongbwalu Gold Mine in partnership with SOKIMO. The initiative…
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