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BMI lowers DRC gold production outlook

By:  
Creamer Media Contributing Editor Online
 
GOLD
Lower-than-expected output from the Democratic Republic of Congo’s (DRC's) gold industry during 2016, paired with a weak project pipeline in the coming years, has resulted in research firm BMI revising its gold production forecast for the country up to 2021, downwards. The research firm put the lower production down to operational difficulties at Randgold Resources’ Kibali mine, which would mean that the country's gold sector would have to grow from a lower base, curtailing absolute production levels in the years to come.
 
 
 
 
 

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