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June 24, 2024
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Miner restarts operation in DRC

Mining company Eurasian Resources Group (ERG) and its joint venture partner commodity company La Générale des Carrières et des Mines (Gécamines), celebrated the kick-off of the restart of operations at the Boss Mining complex, with a ceremony held at its concession on November last year.

The phased restart of Boss Mining will start with the processing of the historically mined Kiwana fines at its Luita concession, paving the way for further development.

The complex, located in the Lualaba and Haut-Katanga provinces of the Democratic Republic of Congo (DRC), has a long history of copper and cobalt production from significant openpit resources. Boss Mining was placed into care and maintenance in early 2019 to allow for ERG and Gécamines to assess different investments paths and conduct further studies to improve the operation’s economics and sustainability.

“We are not only celebrating the return to production at this time, but also our long-standing partnership with Gécamines and its professional team, without whom this restart would not have been possible. “ERG believes that collaboration is the key to building a better future,” said ERG CEO Benedikt Sobotka.

Recognising that mining plays a vital role in the social and economic upliftment of its host communities, ERG aims to develop and scale operations at Boss Mining in a sustainable way to enable positive, longer-term social, environmental and economic outcomes.

“We are proud that this phase of the restart will create around 750 jobs for DRC citizens, primarily recruited from the surrounding communities, ensuring that direct members of our communities are the primary beneficiaries of Boss Mining’s activities,” added Sobotka. “As a government, we can only rejoice once again because the restarting of an operation means not only the creation of jobs for our population, but also that the tax revenue of the province will increase. And every time there is production, we know that there is a small amount that goes into the government’s tax coffer that helps us develop other sectors of our society,” commented Lualaba Interior and Security Provincial Minister Kapenda Wa Kapenda Déodat. The phased restart will concentrate on processing historically mined fines over the next 16 months to produce copper cathodes and cobalt hydroxide. The operation will ramp up over the coming months to its full capacity, producing on average 1 800 t of copper cathode and 300 t a month of cobalt hydroxide, by March 2023.

“The current restart is only the beginning of our journey and will provide financing for further potential development, exploration and other mining-related activities at Boss Mining.

“I am convinced that the revival of Boss Mining’s activities will allow for the creation of an important number of new jobs in the future and the union of countless families from the surrounding communities and the four corners of the country,” said Gécamines CEO Ntambwe Ngoy Kabongo.

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