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.
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...
Government, ESCWA, and experts meet to shape national framework Plan aims to fight corruption, c...
Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
The government launched FUGAS, a new digital administrative and payroll system, as a strategic reform tool. The initiative forms part of a broader...
AGL Cameroon invested CFA1 billion ($1.8 million) in new port equipment. The company has already spent more than CFA8 billion on equipment in...
Togo adopted a national framework to identify and design projects for submission to the Green Climate Fund (GCF). The mechanism standardizes project...
REGIDESO and Singapore-based EFGH signed a service framework agreement to digitalize revenue collection nationwide. The partnership will develop secure...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...