Deal #2010

Location #1

Spatial accuracy level
Exact location
Location
Doko, Democratic Republic of the Congo

Latitude
3.1330761451749263
Longitude
29.599914793701146
Target country
Congo, Dem. Rep.
Comment on location
The Kibali project is a gold development property which covers an area of 1 836km2 on the Moto Goldfields in the north east of the DRC. It is located some 560 kilometres north east of the city of Kisangani and 150 kilometres west of the Ugandan border town of Arua. Adjacent to the town of Doko.

Land area

Intended size (in ha)
183600
Size under contract (leased or purchased area, in ha)
[2009] 183600
Comment on land area
The Kibali project comprises 10 permits covering an area of approximately 1 836km2 in the Moto goldfields of the north east Democratic Republic of Congo. Exploration for new deposits continues in the area surrounding the mine.

Intention of investment

Intention of the investment
Mining
Comment on intention of investment
gold

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)

Negotiation status

Negotiation status
[2009] Concluded (Contract signed)
Comment on negotiation status
In September 2009, Randgold and Anglo Gold acquired 70% of Kibali project through acquisition of Moto Gold (where Moto Gold had 70% and Sokimo had 30% stake in the project). In December 2009, Randgold and Anglo Gold acquired a further 20% from Sokimo.

Implementation status

Implementation status
[2013] In operation (production)
Comment on implementation status
Commercial production began in October 2013 (Previous investor Moto Gold never brought the mine into operation). Phase 1 includes the KCD open pit operation and processing plant, the mine infrastructure (including a 36 unit high speed thermal power station) and the first of four hydropower stations. Phase 2 comprises the underground mine development and the remaining three hydropower stations.

Contract farming

Contract farming
No

Contract #1

Duration of the agreement (in years)
20

Number of jobs for foreigners created

Jobs created (foreign)
Yes
Current number of employees (foreign)
[2014] 95
[2015] 95
Comment on jobs created (foreign)
Expats to fill senior positions.

Number of domestic jobs created

Jobs created (domestic)
Yes
Current number of employees (domestic)
[2014] 606
[2015] 609
Comment on jobs created (domestic)
All local operators have been recruited within the locality of Kibali Gold Mine as part of a strategic policy of managing and maintaining KGM social contract. Higher qualified national personnel were recruited in Lubumbashi and Kinshasa (where the skills were not available locally) to fill senior positions.

Operating company

Operating company
Name of investment project
Kibali Development Project
Comment on investment chain
Randgold Resources manages and operates the mine.

 

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Data source #1

Data source type
Company sources
File
Comment on data source
Randgold company website.

Data source #2

Data source type
Media report
File
Date
2014-05-02
Comment on data source
Mining weekly- Kibali officially opened, could herald birth of new DRC economic region – Bristow

Data source #3

Data source type
Media report
File
Date
2014-05-08
Comment on data source
Mining Weekly- Kibali helps Randgold to record production

Data source #4

Data source type
Company sources
File
Comment on data source
Integrated report 2013

Data source #5

Data source type
Media report
File
Date
2014-05-02
Comment on data source
Mining.com -- One of the largest gold mines in Africa opens

Data source #6

Data source type
Company sources
File
Comment on data source
Kibali Gold Mine-- Site Visit January 2014.

Data source #7

Data source type
Company sources
File
Comment on data source
Review of Operations- Annual Report 2015

Displacement of people

Number of people actually displaced
20000
Comment on displacement of people
The Kibali RAP will have resettled around 20 000 people when completed, most of whom were previously living in isolated villages without basic utilities and who will be resettled into the newly constructed village of Kokiza which has civic infrastructure including schools, clinics, shops and churches as well as running water and electricity. It includes the construction or re-siting of 14 churches, a catholic cathedral, 17 schools and 2 300 graves.

Promised or received compensation

Promised compensation (e.g. for damages or resettlements)
Over 4000 families have been resettled to 14 villages in new city of Kokiza in 4232 houses. 2397 graves moved.

Promised benefits for local communities

Promised benefits for local communities
Health
Productive infrastructure (e.g. irrigation, tractors, machinery...)
Capacity Building
Comment on promised benefits for local communities
The company is looking into providing the surrounding community with a large scale agriculture initiative - including palm oil plantations, fishery and livestock. Kibali’s direct community development support during 2015 was in excess of $2 million. $1 million of this was allocated to local economic development. This included the establishment of a soap factory in durba, funding of a mini supermarket, the first local Tv station, the establishment of kokiza women micro-finance and agri-business micro-finance fund as well as agricultural projects. In addition, the mine funded the development of a community centre, including sports facilities and an information service.

Former land owner (not by constitution)

Former land owner
Private (large-scale farm)
Comment on former land owner
In September 2009, Randgold and Anglo Gold acquired 70% of Kibali project through acquisition of Moto Goldmines- Australian company - (where Moto Goldmines had 70% and Sokimo had 30% stake in the project). In December 2009, Randgold and Anglo Gold acquired a further 20% from Sokimo.

Former land use

Former land use
Other
Comment on former land use
Mining

Former land cover

Former land cover
Other land (e.g. developed land – specify in comment field)
Comment on former land cover
Mining

Detailed crop, animal and mineral information

Resources area
Gold

Use of produce

Has export
Yes

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
The mine is expected to produce an average of 600 000 ounces of gold per annum over the first twelve years of its life which currently extends to 2031.

Water extraction envisaged

Water extraction envisaged
Yes

Feb. 27, 2017, 4:20 p.m.

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Jan. 9, 2017, 11:21 a.m.

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March 8, 2016, 3:15 p.m.

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Sept. 25, 2015, 11:01 a.m.

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May 21, 2014, 11:26 a.m.

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May 5, 2014, 11:46 a.m.

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April 22, 2013, 2:26 p.m.

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Feb. 15, 2013, 5:03 p.m.

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