https://newsletter.mw.creamermedia.com
Gold|Sustainable
Gold|Sustainable
gold|sustainable

Barrick partners with DRC-based oversight body to advance local content intiatives

4th March 2024

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

Global miner Barrick Gold Corporation’s Kiballi gold mine, in the Democratic Republic of Congo (DRC), has partnered with the oversight body of the subcontracting sector, the Autorite de Regulation de la Sous-Traisance dans le Secteur Prive (ARSP), to advance various local content initiatives.

The partnership has been designed to increase the mine’s already extensive use of Congolese contractors and suppliers.

Kibali has spent more than $2.6-billion with local suppliers since 2009, while the majority of its workforce, including the GM, are Congolese nationals.

ARSP CEO Miguel Katemb says the mine has considerably contributed to the DRC economy, and is encouraged about its plans to continue doing so.

Barrick president and CE Mark Bristow says the group’s global policy is to support local businesses and employ host country nationals and that Kibali’s local procurement policy aligns well with the aims of the ARSP.

Bristow believes the Kibali mine has, since 2009, managed to transform the previously disadvantaged northeastern corner of the country into a flourishing commercial hub.

“We will continue to drive sustainable value creation through our partnerships here,” he states, adding that the mine has actively mentored the growth of local enterprises into substantial businesses, as well as provided opportunities to sharpen commercial and technical skills.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 
John Ratcliffe
John Ratcliffe

At John Ratcliffe, we are aftermarket specialists for heavy-duty on and off-road vehicles. We engineer and retrofit advanced safety systems, engine...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 17 January 2025
Magazine round up | 17 January 2025
17th January 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.105 0.176s - 127pq - 2rq
Subscribe Now