Congo’s Twangiza gold mine has become the center of a major heist. According to recent reports, rebels—with the help of some mine employees—have managed to loot over 500 kilograms of gold since May. The stolen gold is estimated to be worth a staggering $70 million. This bold act has put the spotlight back on the security challenges faced by mining operations in the Democratic Republic of Congo.
How the Heist Happened
The looting began in May when rebels seized control of the Twangiza mine. Reports suggest insiders aided the rebels, making it easier for them to access and extract the massive gold haul. The incident has raised concerns about the safety of mining staff and the growing influence of armed groups in the region.
Impact on the Mining Industry
The theft not only represents a huge financial loss for the mine owners but also signals a broader issue within Congo’s mining sector. Armed groups continue to exploit the country’s rich mineral resources, impacting both local communities and global markets. Authorities are now under pressure to strengthen security and protect valuable assets in resource-rich areas.
Sources:
Mining.com – Congo rebels loot $70M in gold from Twangiza mine
