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About Congo

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Although citizens of the DRC are amongst the poorest in the world, The Democratic Republic of Congo is widely considered to be the richest Country in the world regarding natural resources; its untapped deposits of raw minerals are estimated to be worth in excess of US$ 24 trillion.

The economy of the second largest country in Africa relies heavily on mining. However, the smaller-scale economic activity occurs in the informal sector and is not reflected in GDP data. The Congo is the world's largest producer of cobalt ore, and a major producer of copper and industrial diamonds, the latter coming from the Kasai province in the West. The Congo has 70% of the world’s Coltan, and more than 30% of the world’s diamond reserves, mostly in the form of small, industrial diamonds.

Coltan is a major source of Tantalum, which is used in the fabrication of electronic components in computers and mobile phones. In 2002, Tin was discovered in the east of the country, china is mining Tin in a big scale.

The Democratic Republic of Congo also possesses 50 percent of Africa’s forests and a river system that could provide hydro-electric power to the entire continent, according to a U.N. report on the country’s strategic significance and its potential role as an economic power in central Africa

Congo - Rich Resources for Mining

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The major ores extracted throughout the DRC are:

Cobalt

Diamonds

Gold

Copper

Mining in Congo

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Much of the resource extraction is done in small operations, known as "Artisanal and Small-Scale Mining" (ASM),which are unregulated in the DRC. Recently, more money is being invested into the extraction and refining of some of the ores found in Congo, primarily copper and cobalt, which may help regulate the extraction and reduce environmental impacts. However, many ASM operations still exist for minerals such as Coltan that can be mined with little capital investment.

ASM operations employ a significant number of DRC's population, with estimates of up to one fifth of the country or 12.5 million people. Because artisanal mining operations require little capital, they are unregulated and occur primarily within protected areas, around endangered or threatened species. Artisanal mining often occurs in riparian zones.

Coltan is a major source of Tantalum, which is used in the fabrication of electronic components in computers and mobile phones. In 2002, Tin was discovered in the east of the country, china is mining Tin in a big scale.

The Democratic Republic of Congo also possesses 50 percent of Africa’s forests and a river system that could provide hydro-electric power to the entire continent, according to a U.N. report on the country’s strategic significance and its potential role as an economic power in central Africa

THE NEW PLANT

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SAFCO Mining is in the fortunate position of being able to work with a very low grade of ore because of it’s own concentrator. The jig plant produces an output of 3000 tons per month.

This provides the company with an edge over most others, given the scarcity of higher grade Copper Ore. The jigs allow to generate their own high grade of copper to feed the furnaces and the surplus is sold if not required. It also allows them to feed the furnaces with a much cleaner form of Copper

Power – SAFCO Mining has access to an ample and constant supply of electricity at the plant, and has their own backup generators

The employees at SAFCO Mining are already trained and experienced