Post #23

🇨🇩The DRC Reclaims Its $7 Billion 🌏 The new Minister of Mining, Louis Watum, has announced that the country plans to increase its gold production, including by developing mines in the eastern part of the country, which is still in conflict with the M23. ‼️ The government says the DRC is currently losing $7 billion — 60 tons of gold annually — due to illegal and unregulated mining and smuggling of gold through Uganda and Rwanda to the United Arab Emirates. — States around the world are trying to jump on the train of unusually high gold prices. Now, DRC is joining Mali and Ghana, which we wrote about earlier. The country's government is counting on signing an agreement with Rwanda in October and subsequent cooperation with major companies like Barrick to increase legal gold production. Devils Below