DRC Gold Trading SA Moves 280kg of Gold Injects 27M into Maniema
In a major boost for the Democratic Republic of Congo’s artisanal gold sector, state-owned enterprise DRC Gold Trading SA announced on March 25, 2025, that it had successfully funneled over 280 kilograms of artisanal gold through its Kindu branch in Maniema province—just two months after the branch’s inauguration.
The operation has brought more than US$27 million into the provincial economy, a result credited to the company’s strategic partnership with Rawbank.
This collaboration supports DRC Gold Trading SA’s mission to formalize the artisanal gold sector and bring its production into the official economic system.
Cyprien Birhingingwa, Deputy Managing Director of DRC Gold Trading SA, noted that the Kindu branch collected nearly 50 kilograms of artisanal gold in its first week of operation—a strong start, especially given that Maniema was not included in the 2024 annual gold production statistics released by the Cellule Technique de Coordination et de Planification Minière (CTCPM).
Maniema Governor Moïse Mussa Kabuankubi praised the results, calling them “a great feat” and a sign of the province’s untapped potential in gold production.
The Kindu facility is expected to help offset production losses in neighboring South Kivu, where DRC Gold Trading SA halted purchases on March 11, 2025, due to security concerns following the advance of M23 rebels in the region.
The success of the Kindu branch underscores its strategic importance in maintaining national artisanal gold output amid regional instability.
SOURCE:bankable.africa
