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    South Africans vote as anger over failing services threatens ANC

    South Africans vote as anger over failing services threatens ANC

    Ghana inflation rises less than expected in October

    Ghana inflation rises less than expected in October

    Nigeria’s Dangote aims to end Africa’s fertiliser imports

    Billionaire industrialist Dangote launches $2.5 billion Namibia fuel storage project

    Ethiopia’s Premier Abiy Ahmed visits Sudan’s army chief on Red Sea coast

    Ethiopia expels Sudanese diplomats after fresh allegations of support for RSF

    Uganda arrests former deputy army chief over ‘subversive activities’

    Uganda arrests former deputy army chief over ‘subversive activities’

    Displaced Ethiopians await registration in Kenya after fleeing clashes

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    Uganda to impose 21-day quarantine on returning citizens with Congo travel history

    Ebola survivors comfort sick children in Congo’s isolation wards

  • Analysis
    • All
    • Climate Change
    • Digital & Tech
    • Economy
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    African Union summit clouded by Saudi-UAE rivalry in Horn of Africa

    Opportunities and Challenges of the AU’s Education in Emergencies Initiative

    Abiy Ahmed Tested: How the Tigray Alliance Is Reshaping Ethiopia’s Security—And What Comes Next

    Abiy Ahmed Tested: How the Tigray Alliance Is Reshaping Ethiopia’s Security—And What Comes Next

    UN report says Africa’s share of global trade stands at 3 percent

    AfCFTA: The Trade Rules Poised to Weave Africa’s Fragmented Textile Markets into One

    The global panel on inequality needs African evidence: here’s how it could work

    The global panel on inequality needs African evidence: here’s how it could work

    Why Africa needs a new credit agency

    Why Africa needs a new credit agency

    Japan signs deal with Namibia to explore for rare earth minerals

    Africa’s mineral strength is wasted if countries don’t work together – new report

    Ethiopia: at least 40 army allies killed in drone strike

    Ethiopia’s peace deal is unravelling – what went wrong with the Tigray agreement

    DRC on a mission to financing the world’s largest hydropower dam

    DR Congo: The INGA Dam Paradox

    Cameroon uncovers more than 200 illegal gold mines, mostly foreign-owned

    Mineral Beneficiation: A Pipedream of Prosperity in an Unequal Financial Architecture

  • Studies
    China could drive Africa’s renewable energy revolution, report says

    A study shows wind and solar projects in Kenya and South Africa don’t always benefit the communities that host them

    Angola’s lengthy war shaped the way farmers utilised fire—why it matters

    Angola’s lengthy war shaped the way farmers utilised fire—why it matters

    Schooling is the most severely affected by conflict when children are the target – Study

    Schooling is the most severely affected by conflict when children are the target – Study

    Pensions for Botswana’s elderly are expanding, but care services are lacking—study follows 20 years

    Pensions for Botswana’s elderly are expanding, but care services are lacking—study follows 20 years

    60 new cosmic structures have been discovered by South Africa’s MeerKAT telescope, which is mapping previously unseen gaps between galaxies

    60 new cosmic structures have been discovered by South Africa’s MeerKAT telescope, which is mapping previously unseen gaps between galaxies

    Benin government says armed forces foil coup attempt

    Coup contagion? A rash of African power grabs suggests copycats are taking note of others’ success

    One in three South Africans have never heard of AI: what this means for policy

    One in three South Africans have never heard of AI: what this means for policy

    Social Media as a Catalyst for the Spread of Dangerous Wealth Ritual Myths

    Social Media as a Catalyst for the Spread of Dangerous Wealth Ritual Myths

    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

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    Usman Dan Fodio (1754-1817): Teacher, philosopher, and revolutionary reformer

    Usman Dan Fodio (1754-1817): Teacher, philosopher, and revolutionary reformer

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    Sokhna Magat Diop (1917–2003): Senegalese cleric

    Ahmad Baba al-Timbukti (1556-1627): Writer and scholar

    Ahmad Baba al-Timbukti (1556-1627): Writer and scholar

    Namibia: Anger over Dubai COP28 trip by president Geingob’s children

    Hage Geingob (1941–2024): Former President of Namibia

    Cape Verde president says governments must discuss colonial reparations

    José Maria Neves: President of Cape Verde

    Jorge Bom Jesus: Linguist and former Prime Minister of São Tomé and Príncipe

    Jorge Bom Jesus: Linguist and former Prime Minister of São Tomé and Príncipe

    Joseph Leabua Jonathan (1914-1987): Former Prime Minister of Lesotho

    Joseph Leabua Jonathan (1914-1987): Former Prime Minister of Lesotho

    Gambia’s president Barrow faces backlash over ‘death wish’ on archrival

    Adama Barrow: President of the Republic of The Gambia

    Rwandan President Paul Kagame announces he will run for a fourth term

    Paul Kagame: Former military officer and president of Rwanda

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    Kwanza Corridor-Cultural Landscape, Angola

    Kwanza Corridor-Cultural Landscape, Angola

    Gasumo, the southernmost source of the Nile, Burundi

    Gasumo, the southernmost source of the Nile, Burundi

    Loango ancient slavery harbour, the Republic of the Congo

    Loango ancient slavery harbour, the Republic of the Congo

    Archaeological site of Tchitundu-Hulu, Angola

    Archaeological site of Tchitundu-Hulu, Angola

    Manovo-Gounda St. Floris National Park, Central African Republic

    Manovo-Gounda St. Floris National Park, Central African Republic

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Home Regions East Africa

M23 rebels loot $70 million worth of gold from Congo mine since May, company says

October 21, 2025
What is South Africa up against in leading a new military force in the DRC?

Congolese M23 rebels are seen as they withdraw from the 3 antennes location in Kibumba, near Goma, North Kivu province of the Democratic Republic of Congo, December 23, 2022. REUTERS/Arlette Bashizi

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Rebels occupying Twangiza Mining’s gold concession in eastern Democratic Republic of Congo (DRC) have looted at least 500 kilograms of bullion since May, the company told Reuters, accusing some of its own employees of aiding the theft.

The mine is located in South Kivu province, where Rwandan-backed M23 rebels staged a lightning offensive this year that allowed them to seize more territory than ever before. They seized the mine in May.

“With the help of some employees, they transported the first batch of more than 50 kg of gold out in a very short time,” Twangiza Mining said on Monday in a written response to Reuters’ queries about losses since M23 seized the mine.

“Since the occupation, they have obtained at least 500kg of gold and secretly transported it through underground channels,” the company said.

M23 did not immediately respond to a request for comment.

Twangiza Mining, which is headquartered in Congo and describes itself as a Chinese firm, said it lost over 100 kg of gold a month since the takeover, in addition to $5 million worth of equipment and materials.

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The company is preparing to file a formal complaint with international arbitration and Congolese authorities, and has declared force majeure, it said.

It accused the rebels of expelling residents, demolishing churches and using Rwandan technicians to extract geological data to resume and expand mining.

“There are more than 150 workers left on site. We cannot get in touch with them,” the company said.

The Rwandan government did not immediately respond to a request for comment.

A drone strike on October 15 destroyed power generation infrastructure at the mine. It is not clear who was responsible for the drone strike.

Fighting in eastern Congo has killed thousands of people and displaced hundreds of thousands this year.

Armed groups have seized several mining sites in the mineral-rich eastern Congo, according to U.N. investigators.

A U.N. Security Council briefing last year said M23 rebels were earning around $300,000 monthly from mineral taxes in the coltan-rich Rubaya region.

U.S. President Donald Trump brokered a peace deal between Congo and Rwanda in June as part of an effort to stabilise eastern Congo and bring in Western mining investments.

Rwanda has consistently denied backing M23 rebels, despite repeated allegations from U.N. experts and regional governments.

Qatar has been hosting direct talks between Congo and M23.

The two sides missed an August deadline for a peace deal as part of that process but on October 14, they agreed to a monitoring mechanism for an eventual ceasefire.

Source: Reuters
Tags: Democratic Republic of Congo (DRC)M23 rebelsTwangiza Mining

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