Where is Kibali located?
the Democratic Republic of Congo
The Kibali gold mine is located in the northeast of the Democratic Republic of Congo (DRC), approximately 220 kilometres east of the capital of the Haut Uele province, Isiro, 150 kilometres west of the Ugandan border town of Arua and 1,800 kilometres from the Kenyan port of Mombasa.
Who owns Kibali?
Barrick Gold Corporation
SOKIMO is a 10% shareholder in the Kibali gold mine which is operated by 45% owner Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) with the remaining 45% held by AngloGold Ashanti.
Where to find gold in Congo?
Kibali Gold Mine, Orientale. The Kibali gold mine is situated 560km north-east of Kisangani in the Orientale province, Democratic Republic of Congo (DRC). Developed in an area of 1,836km² on the Moto goldfields, the site is one of the largest gold mines of Africa.
Is gold found in DRC?
Subsistence mining – extracting minerals with rudimentary tools – is common across the Democratic Republic of Congo, and the “artisanal” gold mining is especially widespread in the gold-producing east and northeast of the country.
Who owns the gold mines in the Congo?
Kamituga has been a mining town since the 1920s, when gold was discovered there, and a succession of big companies arrived. The Kivu Mining Society and the Canadian company Banro Corporation, which has the principal mining concession in the town, control most of South Kivu’s gold deposits.
Who owns the mines in Congo?
The DRC controls more than 60 per cent of the world’s reserves of cobalt ore. China Molybdenum, which owns the world’s second-largest cobalt mine – Tenke in the DRC – recently bought the Kisanfu resource from Freeport McMoRan for US$550 million.
In which form gold is found?
Gold often occurs in free elemental (native) form, as nuggets or grains, in rocks, in veins, and in alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum), naturally alloyed with other metals like copper and palladium and also as mineral inclusions such as within pyrite.
Where is the Kibali gold mine in Africa?
The Kibali Gold Mine is in the Watsa and Faradje territories of Haut-Uélé province, formerly the Haut-Uele District of Orientale Province. It is to the southeast of the town of Kalimva.
Where are the gold mines in the DRC?
The Kibali gold mine is located in the northeast of the Democratic Republic of Congo (DRC), approximately 220 kilometres east of the capital of the Haut Uele province, Isiro, 150 kilometres west of the Ugandan border town of Arua and 1,800 kilometres from the Kenyan port of Mombasa.
What kind of processing plant is at Kibali?
The Kibali gold processing plant comprises two largely independent processing circuits, the first one designed for oxide, transition and free milling ore sources and the second for sulphide refractory ore.
What’s the best way to mine KCD underground?
Long-hole stoping with a cemented paste backfilling method is used to mine the KCD underground.