New Gold Trading Model Brings Transparency and Economic Growth to Eastern Congo
In a groundbreaking move to formalize the artisanal gold sector, DRC Gold Trading SA has injected over $27 million into Maniema province’s economy in just two months—marking a major shift in how gold is traded in the Democratic Republic of Congo (DRC).
Between March 25 and May 25, 2025, the company successfully channeled more than 280 kilograms of artisanal gold through official, traceable systems in Kindu, the provincial capital. The majority of the funds—equivalent to over $20 million—were paid directly to local miners and traders via secure, banked transactions, with the remaining value accounting for operational costs and broader economic activity tied to the trade.
For a province long dependent on informal and unregulated gold markets, this initiative represents a crucial turning point. By establishing a structured, transparent gold purchasing system, DRC Gold Trading SA has helped integrate a significant portion of Maniema’s artisanal production into the formal economy.
“This proves that it’s possible to buy artisanal gold legally, locally, and at fair market value—while delivering real benefits to communities,” said a company executive.
The initiative rests on two key pillars:
- Traceability: Ensuring that each gram of gold is accounted for, from mine to market, in an effort to combat fraud and smuggling.
- Banked Payments: Transitioning transactions from cash to digital banking systems, which not only promotes transparency but also helps miners gain access to formal financial services.
The effort aligns with President Félix Tshisekedi’s broader vision of transforming artisanal mining into a regulated, sustainable contributor to national development. Formalizing the sector has been identified as a top priority in improving state revenues, protecting miners’ rights, and curbing the illicit gold trade that fuels conflict and economic loss.
With success in Maniema, DRC Gold Trading SA plans to expand the model to other gold-producing regions—paving the way for:
- Stronger public revenue collection
- Increased financial inclusion for small-scale miners
- Long-term development of local economies
The Maniema experience stands as a compelling example of how Africa’s vast natural resources can be responsibly leveraged to drive inclusive growth. By reshaping the way gold is traded, the DRC is setting a new standard for artisanal mining across the continent.