Mining

DRC: Rome Resources Unveils Initial Drilling Results for Bisie North Tin Project

DRC: Rome Resources Unveils Initial Drilling Results for Bisie North Tin Project
Thursday, 22 August 2024 16:16

Until now, the main tin miners in the Democratic Republic of the Congo (DRC) were Alphamin Resources and artisanal miners. However, the country is about to welcome a new player, Rome Resources.

Rome Resources steadily moves in the DRC’s tin industry. On August 20, the company announced the initial results from its drilling program launched earlier this month at the Bisie North project in North Kivu, revealing high tin grades.

Rome Resources reported that a drill hole reaching a depth of 164.5 meters at the Kalayi prospect intersected mineralization with tin grades ranging from 1.03% to 7.12%. "We are excited to see visible tin mineralization in several intervals from the first hole of this drilling campaign and look forward to sharing analysis results as they become available," said CEO Paul Barrett.

The company is also taking steps to produce a mineral resource estimate by the end of the year. This week, for example, two new drilling rigs were mobilized at the site, making it three in total.

While industrial tin production in the DRC is dominated by Alphamin Resources, Rome Resources' success would be a significant milestone. Indeed, this could enhance the country's position in the global tin market–a market currently dominated by Asian countries like Malaysia, Indonesia, and Myanmar.

On the same topic
Nigeria launched a 50-block oil licensing round in December 2025 and eased financial terms in January 2026. The upstream regulator urged state-owned...
Africa’s two-wheel motorcycle market should reach $5.55 billion in 2026 and $7.29 billion by 2031, driven by urbanization and informal...
Gabon utility denies unpaid Equatorial Guinea electricity debt claims Disputed 235 million CFA francs linked to invoice verification...
Prospect Resources lifts Mumbezhi copper resources 63%, adds gold and cobalt Project now hosts 174 million tonnes at 0.44%...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...

Gulf of Guinea regains appeal as a key exploration hub for oil majors
03

Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...

Togo Microfinance: Deposits and Loans Rise Simultaneously in Q3 2025
04

Visit scheduled from February 4 to 6, 2026, at the invitation of President Hakainde Hichilema Tal...

Ghana’s president to visit Zambia to deepen economic and trade cooperation
05

The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...

Togolese Fintech Semoa Wins Full-Service BCEAO License
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.