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Inside SOKIMO's Mongbwalu gold deposit deal

Published on 06.07.2026 at 04:40 GMT Reading time 2 min

After several years of deadlock, the state-owned company is turning to a new partner, British firm Horizon Corp, in order to revive a mining project in Ituri. The partnership provides for the settlement of a large portion of the former joint venture's debt, estimated at $40m at least.

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© Illustrated by Ezinne Osueke | Photo by J. Mattia/ Nur Photo Via AFP; A.Savorani Neri/Nur Photo Via AFP; X.Bouzas/Hans Lucas via AFP; A.Nemenov/AFP; G.Sysoyev/Pool AFP; Françoise Joly's website

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DRC
Inside SOKIMO's Mongbwalu gold deposit deal