Twangiza Mining, a gold miner operating in the Democratic Republic of Congo (DRC), has suspended its mining operations in the South Kivu Province.
This decision came after directives from the Rwanda-backed M23 rebel administration, which is now controlling the region, reported Reuters, citing a letter shared by the company.
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In a company-wide letter dated 8 May, general director Chao Xianfeng informed employees of the immediate work stoppage and stated that equipment and vehicles were being placed in standby mode.
The suspension of Twangiza Mining’s activities underscores the growing tensions over resource control in Congo’s eastern regions, the report stated.
These areas are known for their mineral wealth and have recently come under the control of M23 rebels.
The rebels’ advance has led to strategic mining assets falling under new management, causing uncertainty for international mining operators and commodity markets.
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By GlobalDataManu Birato, the recently appointed M23 Governor of South Kivu Province, has indicated that Twangiza Mining must comply with new regulations and fulfil tax obligations previously neglected.
Birato told Reuters: “We are in talks with them and showing them that from now on they must start paying taxes. The country had received absolutely nothing in taxes from this company. The money went into private coffers.”
Birato also clarified that the administration had not ordered the shutdown but emphasised the company’s need to adjust to the new tax requirements.
He further explained that the company was struggling to adapt to the new tax regime, highlighting that they were “used to paying nothing”.
In April 2025, the US announced that it is in discussions with the DRC to make investments in the country.
