By Combined Mining Company
Global gold markets are buzzing as the Democratic Republic of the Congo (DRC) looks to unlock more of its untapped reserves. Bloomberg recently reported that the country loses as much as 60 tons of gold annually to smuggling—a figure valued at more than $7 billion at near-record gold prices. The new mines minister, Louis Watum, has pledged to recapture this wealth by building new gold projects, expanding partnerships with global miners, and tightening oversight of artisanal and commercial operations.
For a nation as resource-rich as the DRC, the stakes are high. Properly managed, gold mining could provide transformative revenue for infrastructure, education, healthcare, and community development. But as history shows, challenges around governance, conflict, and illicit trade continue to hinder progress.
Dr. Jennifer Rwabona Kamusana’s Perspective
Dr. Jennifer Rwabona Kamusana, Founder and CEO of Combined Mining Company, believes that the DRC’s future in gold mining will depend on a shift toward responsible, inclusive, and sustainable practices.
“The conversation in Congo cannot only be about how much gold we extract, but about how we extract it and who benefits from it. Smuggling and conflict undermine both the people of Congo and the credibility of the industry. At Combined Mining Company, we are proving that a new model—one built on transparency, community investment, and women’s leadership—is not only possible, but essential for the future of mining.”
Combined Mining Company is pioneering this new model across 120 square kilometers of licensed gold-rich land in the DRC. Unlike traditional operations, the company places sustainability, innovation, and inclusivity at the heart of its mission. With Dr. Kamusana’s leadership, the firm has become an example of how mining companies can thrive while actively contributing to local communities and empowering women in the sector.
A Different Path for Congo’s Mining Future
While global giants like Barrick and Glencore continue to shape Congo’s mining landscape, new voices and new approaches are critical. As Dr. Kamusana notes, the DRC doesn’t just need investment—it needs responsible investment.
By combining modern exploration techniques with a commitment to environmental stewardship and social responsibility, Combined Mining Company is demonstrating how local companies can complement international operators, ensuring that Congo’s gold wealth benefits its people.
This aligns closely with the government’s stated goals of attracting new players and fostering business-to-business partnerships, while addressing the country’s history of disputes with operators and resource mismanagement.
With gold prices near record highs and global demand for responsibly sourced minerals increasing, the DRC is at a crossroads. Companies that lead with sustainability, accountability, and inclusivity will define the next chapter of Africa’s mining story.
As Dr. Kamusana emphasizes:
“When we talk about Congo’s gold future, we must talk about trust. Trust with communities, with governments, and with international partners. That is the foundation on which we are building Combined Mining Company.”
About Combined Mining Company
Combined Mining Company is pioneering responsible and inclusive gold mining in the Democratic Republic of the Congo. With over 120 sq. km of licensed gold-rich land and a focus on innovation, sustainability, and women’s leadership, we’re reshaping the future of mining in Africa. Combined Mining Company is also a proud member of the Society for Mining, Metallurgy & Exploration (SME).