DRC Gold Output Nears 2023 Total in Just Eight Months
The Democratic Republic of Congo (DRC) has seen a remarkable surge in raw gold production, nearly matching last year’s total output in just the first eight months of 2024.
According to recent statistics from the Central Bank of Congo (BCC), the DRC’s raw gold production reached 34,526 kilograms by early August 2024. This figure nearly equals the entire production volume for 2023.
In comparison, the DRC produced 29,498.09 kilograms of gold in 2022, with industrial mining accounting for 28,492.68 kilograms and artisanal mining contributing a modest 1,005 kilograms. The previous year, 2021, saw a production of 31,421.05 kilograms, reflecting a 6.12% decline compared to 2022.
Gold exports from artisanal mining have remained modest, totaling just 135.93 kilograms in 2021 and 42.25 kilograms in 2022.
The DRC boasts an extraordinary mining potential, valued at an estimated $24 trillion, with gold reserves alone reaching 1.82 million ounces at the Twangiza site. These figures highlight the promising future of the DRC’s gold industry.
