Societé Minière de Bakwanga

Societé minière de Bakwanga SA
IndustryDiamond mining
Founded1962
OwnersGovernment of the Democratic Republic of the Congo (80%)
Asa Resources Group (20%)
Websitemibardc.net

Societé minière de Bakwanga (abbreviated MIBA) is a diamond mining company based in the Democratic Republic of the Congo. Historically, the company was the largest diamond producer in the world by volume. However, following decades of decline, the company currently produces only a small minority of the DRC's diamonds.

MIBA operate near Mbuji Mayi, in Kasai-Oriental Province in south central DRC. Approximately 80% of MIBA's stock is owned by the Congolese government, with 20% owned by Asa Resources Group.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.