Acp 32 mining licences in DRC23 Jun 2017 09:21
Acp also have 32 mining licences in the Democratic Republic of Congo (DRC).
The Mining industry of the Democratic Republic of the Congo is rich in natural resources. DR Congo is estimated to have $24 trillion (equivalent to the combined Gross Domestic Product of Europe and the United States) worth of untapped deposits of raw mineral ores, including the world’s largest reserves of cobalt and significant quantities of the world’s diamonds, gold and copper.[1][2] The primary resources extracted in the DRC include cobalt, diamonds, gold, copper, and oil. Much of the resource extraction is done in small operations,[citation needed] known as "Artisanal and Small-Scale Mining" (ASM),[3] which are unregulated in the DRC.[4] Recently, more money is being invested into the extraction and refining of some of the ores found in the DRC, primarily copper and cobalt, which may help regulate the extraction and reduce environmental impacts.[5] Many ASM operations still exist for minerals such as coltan that can be mined with little capital investment.[citation needed] ASM operations employ a significant number of DRC's population, with estimates of up to one fifth of the country or 12.5 million