Facebook Bankable LinkedIn Bankable
Twitter Bankable WhatsApp Bankable
Bankable
Bankable

MOST READ

African Economies

Belinco to Begin Gold Exploration Mission in Luiza, Kasai Central

Belinco to Begin Gold Exploration Mission in Luiza, Kasai Central

• Belgium Innovation Company (Belinco) will conduct a three-month gold exploration mission in Luiza, Kasai Central, Democratic Republic of Congo (DRC).
• The company plans to train local teams and may invest further if results confirm significant mineral potential.
• Belinco, active in the DRC for over 15 years, previously partnered with Hazina Investments SAS on feasibility studies for Leta Mbanvu Mining Company in Luiza.

 

Belgium Innovation Company (Belinco) plans to start a gold exploration mission in Luiza, located in the Kasai Central province of the Democratic Republic of Congo (DRC).

The announcement came from Sahel Tshibangu, head of the Cooperative of Artisanal and Agricultural Miners of Luiza (CEMIAL), who led a company delegation to meet the acting provincial governor, Job Kuyindama, on October 3, 2024.

Tshibangu said the initiative is based on previous geological studies conducted in the area. The three-month mission aims to identify gold reserves and assess other exploitable mineral resources across the Luiza territory.

Representatives of Belinco also plan to strengthen the technical capacity of local teams to support the exploration process. If results prove promising, the company will expand its investment to the production stage, subject to official provincial approval.

Belinco, which has operated in the DRC for over 15 years, specializes in mining exploration and extraction. The company’s headquarters are in Kinshasa, and it is led by mining expert Joseph Olcauz.

In 2023, Belinco partnered with Hazina Investments SAS to conduct research and a feasibility study for Leta Mbanvu Mining Company, which holds mining rights in Luiza.

The upcoming mission marks a new phase of mineral development in Kasai Central, a province increasingly attracting junior and mid-tier mining investors seeking to tap underexplored gold deposits in central DRC.

This article was initially published in French by Ronsard Luabeya 

Adapted in English by Ange Jason Quenum

Subscribe to our newsletter (free)

Receive daily news and analyses from the Bankable editorial team.

 
 
new-gecamines-chief-faces-governance-test-under-u-s-drc-partnership
DRC President Félix Tshisekedi has appointed Baraka Kabemba as director general of state miner Gecamines, nearly three weeks after the first meeting of...
we-see-a-structural-copper-shortage-emerging-olivier-binyingo-chairman-of-kamoa-copper
In 2025, the development of the Kamoa-Kakula copper complex, the largest in the Democratic Republic of the Congo (DRC), was marked by two major events: a...
soraya-aziz-to-lead-drc-electricity-regulator-amid-push-for-private-investment
Soraya Aziz was appointed Director General of the Democratic Republic of Congo’s Electricity Regulatory Authority (ARE), according to presidential decrees...
drc-reshuffles-leadership-at-gecamines-sakima-and-sokimo
Three state-owned mining companies in the Democratic Republic of Congo (DRC) have undergone leadership changes following presidential decrees read on...

African Economies

MOST READ

Please publish modules in offcanvas position.