US envoy sees Alphamin reopening DRC tin mine as rebels depart
Alphamin Resources could soon resume operations at one of the world’s biggest tin mines located in the Democratic Republic of Congo (DRC) after Rwanda-backed rebels withdrew from the area, a top US official said.
“We hope that the company will resume or make some announcement soon with regards to resuming their operations,” Massad Boulos, President Donald Trump’s senior adviser for Africa, told reporters Tuesday in Kigali, the capital of Rwanda. “We definitely encourage them to resume their operations.”
Toronto-listed Alphamin halted mining last month at its Bisie mine to protect its employees as M23 rebels neared the site. The group has since retreated amid pressure from the US and others.
“We’ve seen the progress made in recent days and that’s excellent,” Boulos said.
Boulos, the father-in-law of Trump’s daughter Tiffany, has been touring Central and East Africa in a bid by the US to help Congo, Rwanda and other neighbors bring peace to the mineral-rich region with a long history of conflict.
Alphamin is majority-owned by US and UK-based Denham Capital and is one of the few US-linked projects in the country.
“It’s very sad to see such a large operation employing thousands of people and enriching the community and the country in which it operates, including other neighboring countries, shut down their operation,” Boulos said.
Alphamin did not answer calls or immediately respond to an email by Bloomberg News Tuesday.
The Bisie site produced 17 300 t of tin ore in 2024, or about 6% of global supply, according to the Chinese brokerage First Futures Co.
Alphamin stock is up 27% since it announced the suspension of activities March 13, and traded at C$0.59 a share as of 3:59 pm in Toronto. It reached a 1-year high of C$1.31 n October 21.
Comments
Research Reports
Projects
Latest Multimedia
Showroom
M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...
VISIT SHOWROOM
The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
