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.
AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...
Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...
Investment bank BCID-AES established in Bamako Bank aims to fund infrastructure, agricultur...
This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...
Standard Bank extended a USD 138 million facility to STEP, acting as sole arranger and advisor to ...
Funding will support fiber, data centers, and international connectivity Proparco contributes $15 million as part of the financing...
Fund will support start-ups in maritime and blue economy sectors Launch planned at Lagos blue economy investment summit in March 2026 Initiative...
Kenya Airways appointed Chief Operating Officer George Kamal as interim CEO following Allan Kilavuka’s departure. Kilavuka exits after steering the...
Senegal and Gambia agreed on a five-year action plan covering 2025–2030 to deepen cooperation in higher education, research and innovation. The...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...
Palm Hills Developments signs agreement with Marriott International to introduce the St. Regis brand in West Cairo. Project to include a luxury...