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Mining Production

First batch of gold ingots delivered to DR Congo central bank under new reserve program

By GATA April 13, 2026 Bullish
By Solomon Ekanem Business Insider Africa, New York Sunday, April 12, 2026 The Democratic Republic of Congo has received its first batch of refined gold ingots at the central bank, marking a key milestone in its effort to rebuild monetary gold reserves through a new state-led gold purchasing program. According to DRC Gold Refinery SA -- DR Congo's first gold refinery -- the country has taken a major step toward restoring its monetary gold system nearly half a century after it was largely absen
By Solomon Ekanem Business Insider Africa, New York Sunday, April 12, 2026 The Democratic Republic of Congo has received its first batch of refined gold ingots at the central bank, marking a key milestone in its effort to rebuild monetary gold reserves through a new state-led gold purchasing program. According to DRC Gold Refinery SA -- DR Congo's first gold refinery -- the country has taken a major step toward restoring its monetary gold system nearly half a century after it was largely absent from official reserve accumulation. ... Dispatch continues below ... ... ADVERTISEMENT ... Guanajuato Silver Is Reactivating Silver and Gold Mines in Mexico Guanajuato Silver is a precious metals producer reactivating past-producing silver and gold mines in central Mexico. The company produces silver and gold concentrates from the El Cubo Mines Complex, Valenciana Mines Complex, and the San Ignacio mine. All three mines are located within the state of Guanajuato, which has a 480-year mining history. Additionally, the company produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango state.  With four operating mines and three processing facilities, Guanajuato Silver is one of the fastest growing silver producers in Mexico. For more information, please visit: http://www.gsilver.com/ The company said the contract signed last February between the Central Bank of the Congo and Drc Gold Trading SA is already yielding results, with the state-owned entity delivering its first batches of refined gold ingots to the issuing institute. The refinery explained that it specializes in the purchase, aggregation, and transformation of artisanal gold into refined bullion, ensuring that output from small-scale miners is processed into standardized bars suitable for official reserve use. ... ... For the remainder of the report: https://africa.businessinsider.com/local/markets/first-batch-of-gold-ingots-delivered-to-drc-central-bank-under-new-reserve-programme/wprm6c1 * * * Support GATA by purchasing Stuart Englert's "Rigged" "Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon: https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1 * * * Help keep GATA going: GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16 Donations of $500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work: https://www.gata.org/sites/default/files/GATA-silver-round-front.png
Topics: goldreservescentral bankDRCrefinery