Congo State-Gold Company Launches Country’s First Gold Refinery

Democratic Republic of Congo launched its first state-backed gold refinery as it moves to formalize a trade historically linked to smuggling and conflict in the country’s mineral-rich east.

State-owned DRC Gold Trading SA is partnering with Lunga Mining SA to create DRC Gold Refinery SA with a goal of producing as much as 600 kilograms (1,320 pounds) of gold per month, the mines ministry said in a post on X.