The sector attracted several subsidiaries of large multinationals to operate in the DRC. The success story indicates the presence in DRC of companies such as: TENKE FUNGURUME MINING (FREE PORT McROAN, KOLWEZI COPPER COMPANY (KINROSS-EGMF) KIBALI GOLD MINING Mutanda, ASHANTI GOLDFIELD KILO, Twangiza MINING.


POTENTIALS IN MINERAL WEALTH BY PROVINCE

  • Mining representing 1,100 different minerals.
  • All provinces have particular minerals.

VISION

Government of the DRC has to improve more governance and transparency in the mining sector management and the traceability of public revenues;

For this purpose, it will (1) evaluate, revise and popularize the Act No. 007/2002 of 11 July 2002 of the Mining Code, (2) set up a national geological department and(3) evaluated the titles already granted in order to improve the mining cadastral file.


LEADING SUB-SECTORS

  • Copper ore and nickel ore mining
  • Gold ore mining
  • Cobalt ore mining
  • Mining equipment leasing and financing
  • Power generation & transmission

INVESTMENT OPPORTUNITIES

  • Setting up of processing units of the transformation of mining products;
  • Setting up of diamond hewing, gold refinery and of smelting ores of tin accompanying;
  • Existence of geological research zones «ZRG» for exploration works and development of deposits and convincing indices of cassiterites, wolfram, coltan, gold, diamond, copper; Installation of cable manufacturing industries. Prospecting is open to investors through a certificate issued by the Mining Registry. It does not allow mining and does not guarantee future collection of prospected areas.

NEW REFORM

  • The promulgation of a new mining code in 2002, currently being revisited;
  • The creation of a mining registry in 2002

MINERALS FOUND IN EACH PROVINCE

ProvincesMinerals
BandunduDiamond, Oil, Kaolin, Clay
Bas-CongoBauxite, pyroschite, limestone, phosphate, vanadium, diamond, gold, copper, lead, sinc, manganese, marble, black and pink granite, rock-salt, iron, gypsum clay, talc, silica, kaolin, baryta, asphaltic schist
EquateurIron, copper and associated minerals, gold, diamond, limestone, kaolin, clay, granite, niobium, ochre
Province OrientaleGold, Diamond, iron, silver, clay, copper, kaolin, niobium, ochre, asphaltic schist, talc
Kasai OrientalDiamond, iron, silver, nickel, tin, clay, chromium, cobalt, copper, gold, kaolin, talc
Kasai OccidentalDiamond, gold, managanese, chromium, nickel, clay, cobalt, platinum, copper, iron, kaolin, lead
KatangaCopper and associated metals, cobalt, manganese, limestone, uranium, coal, niobium, gold, platinum, lithium, talk, tantalum, wolfram, zinc, clay, bismuth, cadmium, germanium, cassiterite, iron, granite, gypsum, kaolin, monazite, saltworks, beryl (emerald), sapphire
Nord-KivuGold, niobium, tantalite, cassiterite, beryl, tungsten, manganite, clay, bastnaesite, coal, granite, monazite, niobium, platinum, wolfram, tantalum
Sud-KivuGold, niobium, tantalite, cassiterite, sapphire, amblyogonite, argent, argile, bastnaesite, beryl, bismuth, diamante, diatomite, monazite, wolfram, zinc, tantale
ManiemaEtain, diamant, cassiterite, or amblyogonite, lithium, clay, copper, iron, kaolin, manganese, columbium, lead, talc, tantalum, wolfram
KinshasaClay, silica, kaolin, arkosic sandstone.

The characteristics of Congolese minerals are as follows:

  • The Banalia deposits have a 65% higher iron content (low content in Si02).
  • The ores of (magnetite, hematite, mastitis, goethite) in Katanga have a content varying between 54 and 66% iron and 3 and 21% silica without many impurities.
  • Chromium and Nickel have an average content of 1.45% and 3.8% Cr.
  • The lead vanadate deposit has an average ore content of 25-30% lead and 5-6% vanadium, etc.
  • Bauxite is located at Sumbi and Sanzala with a content of 48% Al.
  • The phosphate resources of Fundu Nzobe in the district of Bas-Congo estimated at 70 million gross tons have an average content of 27% P2O5. At Kanzi, the same resources are estimated at 25 million tons at an average content of 17% P2O5. At Vangu, they are estimated at 20 million tons at 22% P2O5.
NumberMineral SubstancesQuantity ( tons)
1Copper75 000 000
2Lithium31 000 000
3Niobium30 000 000
4Manganese7 000 000
5Zinc7 000 000
6Cobalt4 500 000
7Iron (over 60%)1 000 000
8Cassiterite450 000
9Gold600
10Diamond206 000 000 (Carats)

INVESTMENT PROCEDURE

  • There are two possibilities to invest in the mining sector, namely:
    1. The partnership with portfolio companies; or
    2. Others already having mining concessions.
  • Request mining titles to the Mining Registry in accordance with the following conditions and procedure:
  • Conditions for the grant of the Operating License:
  • The granting of the Operating License is subject to the following conditions by the applicant:
    • Prove the existence of an economically exploitable deposit by presenting a feasibility study along with a technical guidance plan of development work, of construction and operation of the mine;
    • Prove the existence of financial resources necessary to carry out one’s project as per a financing plan of development work, of construction, and operation of the mine and the site rehabilitation plan at its closing
    • The plan specifies each type of financing, sources of funding and the justifications of their probable availability;
    • Transfer 5% of shares in the capital of the applicant company to the State.
  • These shares are unencumbered and not dilutable.

Eligibility for mining rights

  • Are eligible for quarry mineral rights:
  • Any natural person of Congolese nationality and any legal entity subject to Congolese law headquartered in the National Territory and whose corporate purpose is mining.
  • Any natural person of foreign nationality and any legal entity subject to foreign law;
  • All science-based organization;
  • Natural and legal persons under foreign law must act through an agent in mines and quarries.

File Admissibility

  • An application form duly completed and signed to leave at the Mining Registry (Website: www.cami.cd);
  • The applicant’s identity documents or statutes for legal entities;
  • A certificate of financial capacity issued by CAMI or provide evidence of financial capacity;
  • Geographic data of the requested perimeter;
  • Proof of payment of the application filing fee;
  • All other documents required according to the type of right requested.

The processing of the file

  • for the granting of mining rights is as follows:
  • Cadastral examination – Technical examination – Environmental examination – Inter-ministerial Order.

The registry examination will focus on:

  • A verification of eligibility;
  • A verification of financial capacity;
  • An indicative report of the perimeter on mining fallout map;
  • A verification of possible encroachments of perimeters requested on the existing rights of third parties;
  • Compliance with the principle of “first come, first served”.

Mode for granting mining rights

  • The law provides for two procedures for granting mining rights, namely:
    • Generally upon request;
    • Exceptionally on a tender (open or restricted).