Mining

DRC: Rome Resources Start Drilling for Tin in North Kivu

DRC: Rome Resources Start Drilling for Tin in North Kivu
Tuesday, 06 August 2024 17:31

The Democratic Republic of Congo (DRC) produced 33,558 tonnes of cassiterite or tin ore in 20233. Alphamin is the country's main industrial tin producer, but other companies are also looking for new viable deposits.

Rome Resources has started drilling at its Kalayi prospect in the DRC. Kalayi is part of the company’s Bisie project in North Kivu. Rome Resources announced the drilling on August 5, 2024.

The recently started drilling follows a similar effort at the Mont Agoma prospect and aims to estimate mineral resources by the end of the year. 

Drilling works at Kalayi involves involve 12 diamond drill holes, testing mineralization over 700 meters and reaching depths of more than 100 meters. Previous drilling has found tin grades ranging from 1.05% to 7.21%.

The Kalayi prospect has already yielded grades of up to 7.2% tin in previous shallow drilling and has striking similarities with Alphamin's nearby Mpama South Mine, where tin grades increase with depth. We look forward to regularly updating the market as this work progresses," said Paul Barrett, CEO of Rome Resources.

Most tin production in the DRC comes from artisanal mining, with Alphamin being the main industrial source. Rome Resources' Bisie project, located north of the Alphamin mine, could help the DRC expand its footprint in the global market which is largely dominated by Asian countries.

On the same topic
Yttrium oxide prices jumped from $6/kg to $220–320/kg after China restricted exports. South Africa prepares to enter medium-term yttrium...
Maersk will resume transit through the Suez Canal from December 2025 after a two-year diversion. The Suez Canal Authority has cut transit fees by 15%...
Montage Gold signed a binding deal to acquire all remaining shares of African Gold in a $170 million transaction. The deal includes a 54% premium...
Kamoa-Kakula’s total electricity demand will rise to 347 MW by December 2028, up from 208 MW in 2025. Inga II’s rehabilitated turbine is already...
Most Read
01

S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...

S&P Raises Zambia’s Foreign-Currency Rating to CCC+
02

Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...

Anthropic Partners with Rwanda, ALX to Deploy Claude-Powered AI Learning Companion Across Africa
03

Government, ESCWA, and experts meet to shape national framework Plan aims to fight corruption, c...

Mauritania Advances Blockchain Policy to Modernize Digital Public Services
04

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
05

(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...

MCB deploys strategic financing to Invictus Investment to scale up its agro-food operations in Africa
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.