The Ministry of Mines, projects a production of 1,255,513.72 (one million two hundred and fifty-five thousand five hundred and thirteen tons, seventy-two decagrams) of copper, indicates a document that traces the performance to be achieved in 2019. According to the document, it also plans to produce 117,415.24 tons of cobalt, 32,53628 kg of gold, 22,938,008.40 carats of diamond, 30,187.06 tons of cassiterite and 411,68 tons of wolframite.
This improvement in production planned is dependent on good governance in the mining sector, the development of potentialities through geological studies, and the attractiveness put in place and exercised to attract new capital to the mining sector in order to the diversification of production and the widening of the value chain, the document underlines.
This vision of mines, the document adds, is to increase national wealth, the number of decent jobs and tax revenues whose bases are, the reduction of the infrastructure and energy deficit as well as access to innovations. It is in this context that the government declared on November 24, 2018, copper, coltan and germanium "strategic mineral substances" which are now taxed at 10% for export.
The objectives of 2019
According to the document, the Ministry of Mines intends to achieve during this year, three main objectives namely, improve knowledge of soil and subsoil, increases mining production and the management of the mining environment.
According to Martin Kabwelulu, ore such as cobalt now meets all the requirements of the mining code to be declared "strategic ore. In addition to cobalt, lithium and germanium are also important strategic minerals.
He argued that a national cobalt policy is being repaired. According to him, the current policy of the government is on how to avoid that cobalt becomes a source of misfortune for the Democratic Republic of Congo, as diamonds, coltan and cassiterite.
This is the revolution of the automobile industry with rubber for the manufacture of tires and the creation of the International Committee of Copper Producers and Exporters (CIPEC). The cobalt geostrategic of the DRC is significant. The country almost shelters half of the reserves of this mineral and exports 60% of world production, one recalls. However, the DRC has no refining plant to develop added value.
The ore travels under other countries with an approximate content of 41% of the metal, while the country accounts for less than 50% of the fantastic LME cobalt prices of nearly $ 100,000 per ton. The gain is mainly in China, the world leader in refined cobalt.
(CKS/Yes)