II. Prospect

  • The revival of mining production by existing companies or those to be established to support growth and employment. In this respect, the targets by mining products are as follows: Copper (1,500,000 tons by the end of 2015); Cobalt (180,000 tons in 2015) ; Zinc (60,000 tons in 2015); Gold (12,000 kg in 2015); Diamond (27 million carats in 2015); Coltan (500 tons per year from 2012 to 2016); Wolframite (1,200 tons per year between 2012 to 2016); Cassiterite (10,000 tons per year between 2012-2016).
  • Bring the mining sector’s contribution to the State budget from 9% in 2010 to 25% in 2016 and the contribution to GDP from 12 to 20% in 2016.
  • Increase the public and private investment rate in the mining sector from 10% of GDP on average per year during the 2012-2016 period;
  • To achieve this vision, the 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 be evaluated, revised and popularized the Act No. 007/2002 of 11 July 2002 on the Mining Code, set up a national geological department and evaluated the titles already granted in order to improve the mining cadastral file, etc.

The reform of this sector through the opening to private partners allowed the DR Congo to attract several subsidiaries of large multinationals in the world. The success story indicates the presence in DRC of companies such as: TENKE FUNGURUME MINING (FREE PORT McROAN who sold it lately to China Molybdenum), KOLWEZI COPPER COMPANY (KINROSS-EGMF), KIBALI GOLD MINING, Mutanda Mining, ASHANTI GOLDFIELD KILO, Twangiza Mining, etc. That massive presence has led to the significant increase in the volume of mining production in the DRC from 2006 to 2014 as shown in the table below.

7 février 2019