DRC Gold Trading, formerly known as Primera Gold, has set an ambitious goal of purchasing 16 tonnes of gold in 2025, with a long-term objective of generating $12 billion for the Democratic Republic of Congo (DRC) over the next five years.
During a press interview over the weekend, CEO Joseph Kazibaziba highlighted the company’s rapid growth and strong commitment to formalizing the DRC’s gold trade.
“We are confident that we can surpass the 16-tonne target this year, and within five years, we aim to capture over 150 tonnes of gold, which would generate $12 billion,” Kazibaziba said. He reassured that all purchases would be conducted with full transparency, aligning with the government’s efforts to ensure that the country’s mineral wealth benefits its people.
The company’s first export in 2025 will be 200 kilograms of gold, sourced from its Bukavu and Kalemie branches, marking a significant milestone despite persistent challenges with smuggling.
As the only state-owned gold trading company in the country, DRC Gold Trading is quickly establishing itself as a key player in the sector.
Kazibaziba attributed the company’s success to more than two years of strategic efforts, including the development of a traceable supply chain linked to artisanal mining areas.
“Before DRC Gold Trading, the country officially exported only 25 kg of gold annually, valued at around $1.8 million—much of it bypassed official channels. We’ve learned from these past 25 years of mismanagement,” he explained.
The company has already achieved over five tonnes of gold, valued at $400 million, now officially recorded in the country’s formal system.
In a bid to strengthen its position further, DRC Gold Trading is expanding its operations with new branches in Kindu, Isiro, and Buta in Bas-Uele province this year.
With these strategic expansions, the company aims to curb smuggling, increase state revenues, and solidify its role in the gold trading sector.
