Primera Gold DRC SA Advocates for Transparency in Gold Supply Chain
Joseph Kazibaziba, the General Director of Primera Gold DRC SA, emphasized the importance of transparency in the gold supply chain during a session held in Bukavu on March 29, 2024.
Kazibaziba urged actors in the supply chain, including traders, buyers, cooperatives, and various Congolese state services, to recognize that gold trading must no longer be conducted clandestinely, emphasizing the necessity for a traceable supply chain.
In a press release, Kazibaziba reiterated Primera Gold DRC’s commitment to benefit artisanal miners by ensuring that their work yields maximum returns, aligning with the vision of the President of the Republic.
The company announced several initiatives, including the creation of more Gold Export Zones (ZEAs), the formalization of Gold Trading Banks (ITB) and Gold Trading Organizations (ITO), and the provision of funds through public entities. Additionally, plans for the Congolese state’s total takeover of the company were revealed.
Kazibaziba called upon stakeholders to maintain honesty and uphold a conflict-free supply chain. He warned illegal traders and exporters engaging in fraud and smuggling to align with legal practices to avoid government sanctions.
Despite exporting 5 tonnes of gold in 2023, Kazibaziba expressed confidence in achieving better results in 2024. He urged stakeholders to demonstrate patriotism to restore the DRC’s image and achieve economic independence, echoing President Félix Antoine Tshisekedi Tshilombo’s aspirations.
