DRC Gold Trading Aims for 16 Tonnes of Gold in 2025
DRC Gold Trading, formerly known as Primera Gold, has set an ambitious target of purchasing 16 tonnes of gold in 2025, with a long-term goal of generating $12 billion for the Democratic Republic of Congo (DRC) over the next five years.
The company’s CEO, Joseph Kazibaziba, made this announcement during a press interview over the weekend, highlighting the company’s rapid growth and commitment to formalizing the country’s gold trade.
“We are confident that we can exceed 16 tonnes this year, and within five years, we aim to capture more than 150 tonnes of gold, equivalent to $12 billion,” Kazibaziba stated.
He assured that all purchases would be made transparently, reinforcing the government’s efforts to ensure that Congo’s mineral wealth benefits its people.
The first export of 200 kilograms in 2025, sourced from the company’s branches in Bukavu and Kalemie, marks a significant milestone despite ongoing smuggling issues.
As the only state-owned gold trading company, DRC Gold Trading is beginning to establish itself as a key player in the sector.
Kazibaziba emphasized that the company’s progress is the result of over two years of structured efforts, including setting up a supply chain with documented traceability from artisanal mining areas.
“Before DRC Gold Trading, the country officially exported only 25 kg of gold annually, worth around $1.8 million, much of which bypassed formal channels. We have learned from these past 25 years of mismanagement.
Our initial achievements already include over five tonnes of gold, valued at $400 million, now recorded in the official system,” he explained.
To further consolidate its position, DRC Gold Trading is expanding its operations with new branches set to open in Kindu, Isiro, and Buta in Bas-Uele province this year.
With these strategic initiatives, the company aims to curb smuggling, increase state revenues, and ensure that the nation’s gold resources contribute directly to economic development.
