Randgold’s Kibali mine making waves in the DRC

27th January 2015

By: Henry Lazenby

Creamer Media Deputy Editor: North America


Font size: - +

TORONTO ( – Africa-focused gold producer Randgold Resources on Tuesday said the Kibali gold mine, in the Democratic Republic of Congo (DRC), was now well advanced into the second and final phase of development that would take it to full production by 2018.

LSE- and Nasdaq-listed Randgold was currently developing and operating the mine, which it owned in partnership with AngloGold Ashanti and the Congolese parastatal SOKIMO.

CEO Mark Bristow said with the final commissioning of the metallurgical plant and the first of three hydropower plants, Kibali was now operating at design capacity, with the ramp-up having been delivered against plan.

The project’s priorities for the year included advancing development of the underground mine, which would complement the existing openpit operations, ramping up yearly output to 600 000 oz of gold, commissioning the second hydropower plant and starting work on the third, and continue expanding and upgrading the local skills base.

Bristow noted that the past year had also seen the resettlement programme being finalised, including completing a Catholic church complex in the new model town of Kokiza. The company was also involved in expanding the local road network to 350 km, playing an integral role in developing a robust local economy.

Since the start of the project, Randgold had awarded business valued at more than $650-million to Congolese-owned companies, while its engagement with local cooperatives had created more than 400 non-mining jobs.

“Our nurturing of Congolese contractors by providing them with capital, technical advice and an order base is enabling us to source many of our requirements locally, without compromising on price or quality. All road and civil construction related to our hydropower plants is being carried out by Congolese contractors, for example, and by the end of the year we aim to have at least half of our trucking handled by local truckers,” Bristow advised.

Randgold reported that despite the size and complexity of the operation and the high level of activity on site, Kibali was maintaining a good safety record, recently posting two-million lost-time-injury-free hours. The local incidence of malaria, which killed more people in Africa than any other disease, had also been reduced by 55% since the start of the project in 2011.

“As we’ve said from the start, we believe Kibali could be the engine that drives not just the transformation of its region but also the foundation for the development of a new mining frontier in north-east Congo to rival Katanga. One of our key objectives is to show the rest of the world that the country is a safe and attractive destination for new investment, which is needed to develop its extensive mineral potential,” Bristow noted.

He added that achieving that goal would, however, require the active involvement and support of the DRC government.

“In its present form, the country’s proposed new mining code will deter rather than attract investors, which is why Randgold is committed to working with the authorities to produce a code capable of competing with those of rival exploration and mining destinations,” Bristow advised. 

Other issues that required the DRC government’s attention were the maintenance of law and order in a dynamic environment, the perennial problem of illegal mining and the overdue settlement of tax reimbursement.

Edited by Creamer Media Reporter


Latest News

Vedanta chairperson Anil Agarwal
Vedanta demerges divisions into subsidiaries
29th September 2023 By: Marleny Arnoldi


Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...


Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...


Latest Multimedia

sponsored by

Magazine round up | 29 September 2023
Magazine round up | 29 September 2023
29th September 2023

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?







sq:0.083 0.119s - 90pq - 2rq
Subscribe Now