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WATSHA GOLD MINING GROUP LTD
HEAD OFFICE IN CONGO DRC
AV:ITURI NO 23
Q:LUMUMBA
VILLE:DE BUNIA-ITURI
PROVINCE ORIENTALE
TEL 1:+243-9758-32187
TEL 2:
Email 1: info@Watshagold.net
Email 2: sales@Watshagold.net
Email 3: export@Watshagold.net
Email:customerservice@Watshagold.net

SKYPE:watshagoldmininggroup

Kindly use the form to send us your comments

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    Economy

    Congo's mineral wealth is the mainstay of the economy, but the development of the mining industry has occurred at the expense of commercial agriculture. The economy's growth spurted under Belgian control in the 1950s, slowed considerably during the country's postindependence troubles in the early 1960s, accelerated again in the late 1960s when political stability returned, and then generally declined beginning in the 1970s, when the nationalization of major industries resulted in a reduction of private investment. For a decade beginning in the early 1990s much of the economy was in a state of collapse, but with the end of most of civil warfare that devastated Congo, economic stability improved in the early 2000s and foreign investment is again occurring.
    Although only 3% of the nation's land area is arable, a substantial part of the labor force is engaged as subsistence farmers. The principal food crops are cassava, bananas, root crops, corn, and fruits. Coffee, sugarcane, palm oil, rubber, tea, quinine, and cotton are produced commercially, primarily for export. Although agricultural production satisfied domestic demands before independence, Congo has become dependent on food imports. Goats, sheep, and cattle are raised.
    Mining is centered in Katanga province; products include copper, cobalt, zinc, manganese, uranium, cassiterite (tin ore), coal, gold, and silver. Diamonds are mined in Kasai. There are major deposits of petroleum offshore near the mouth of the Congo River. About 75% of Congo is covered with forest containing ebony and teak as well as less valuable woods.
    Kinshasa and Lubumbashi are the country's most important industrial centers. Industries produce processed copper, zinc, and cassiterite; refined petroleum; processed foods and beverages; and basic consumer goods such as clothing and footwear. The numerous rivers of Congo give it an immense potential for producing hydroelectricity, a small but significant percentage of which has been realized. The chief hydroelectric facilities are situated in Katanga and produce power for the mining industry; another major project is located at Inga, on the Congo River near Kinshasa.
    Rivers form the backbone of the country's transportation network; unnavigable parts of the Congo River (e.g., Kinshasa-Matadi and Kisangani-Ubundi) are bridged by rail lines, but the rail and road network in Congo is both very limited for a nation of it's size and in disrepair as a result of the civil war. Matadi, Boma, and Banana can handle oceangoing vessels. E Congo is linked (via Lake Tanganyika) by rail with the seaport of Dar-es-Salaam, Tanzania.
    The country's export earnings come almost entirely from sales of primary products, which are vulnerable to sharp changes in world prices. Since 1994 diamonds have become the country's leading export as a result of a decline in the production of copper (once the leading mineral product in terms of value). Petroleum also accounts for a substantial portion of export earnings. Other important exports are coffee, cobalt, palm products, and rubber. The leading imports are foodstuffs, machinery, transport equipment, fuels, and consumer goods. The country's principal trade partners are Belgium, the United States, South Africa, and France.

    Land and People

    Congo lies astride the equator, and virtually all of the country is part of the vast Congo River drainage basin. North central Congo is made up of a large plateau (average elevation: c.1,000 ft/300 m), which is covered with equatorial forest and has numerous swamps. The plateau is bordered on the east by mountains, which rise to the lofty Ruwenzori range (located on the border with Uganda). The Ruwenzori include Margherita Peak (16,763 ft/5,109 m), the country's highest point; they are situated in the western or Albertine branch of the Great Rift Valley, which runs along the entire eastern border of the country and also takes in lakes Albert, Edward, Kivu, and Tanganyika. In S Congo are highland plateaus (average elevation: c.3,000 ft/910 m; highest elevation: c.6,800 ft/2,070 m), which are covered with savanna. The high Mitumba Mts. in the southeast include Lake Mweru (situated on the border with Zambia). In addition to Kinshasa, the major urban areas include Boma, Kalemie, Kamina, Kananga, Kisangani, Kolwezi, Likasi, Lubumbashi, Matadi, Mbandaka, and Mbuji-Mayi.
    The population of Congo comprises approximately 200 ethnic groups, the great majority of whom speak one of the Bantu languages. In addition, there are Nilotic speakers in the north near Sudan and scattered groups of Pygmies (especially in the Ituri Forest in the northeast). The principal Bantu-speaking ethnic groups are the Kongo, Mongo, Luba, Bwaka, Kwango, Lulua, Lunda, and Kasai. The Alur are the main Nilotic speakers. In the 1990s, Congo also had an influx of immigrants, particularly refugees from neighboring countries. In 1985 over half the population was rural, but the country is becoming increasingly urbanized.
    French is Congo's official language, but it is spoken by relatively few persons. Swahili is widely used in the east, and Lingala is spoken in the west; Tshilaba is also common. About 50% of the inhabitants are Roman Catholics and 20% are Protestants. A substantial number are adherents of Kimbanguism, an indigenous Christian church. Many also follow traditional religious beliefs, and about 10% are Muslims.

    (Watsha Gold Mining Group Ltd is working to establish presence in every Conner of Congo (DRC) meanwhile we are still working with manual instruments as we are trying to work in conjunction with  foreign buyers of our products to bring in modern mining machinery).

    DEMOCRATIC REPUBLIC OF CONGO

    Official name: Republique Democratique du Congo (Democratic Republic of Congo)
    Location: Central Africa
    International organisations: African, Caribbean and Pacific Group of States, African Union, Non-Aligned Movement, Organisation Internationale de la Francophonie, United Nations, World Trade Organisation
    Borders: Angola, Burundi, Central African Republic, Republic of Congo, Rwanda, Sudan, Tanzania, Uganda, Zambia
    Coastline: South Atlantic Ocean
    Land area: 2,345,410 Km2
    Population: 66,000,000 (estimate)
    Ethnicity: Many African peoples live in Congo's enormous territory. The largest are the Mongo, Luba, Kongo (all Bantu peoples), and the Mangbetu-Azande (Hamitic). There are large numbers of refugees from Rwanda and other countries.
    Languages: French is the official language and the language of business and communications. Kingwana, Kikongo and Tshiluba are the most widely used African languages.
    Religion: About half the population are nominal Catholic Christians, and about 10% are Muslim. Most of the rest follow African animist religions.
    Form of government: In theory, a democratic presidential republic. In practice large parts of the country are beyond the government's control. Congo is divided into 26 provinces.
    Capital: Kinshasa
    Constitution: The Constitution of the Democratic Republic of Congo came into effect on 8 February 2006.
    Head of state: The President, elected by the people for a five-year term.
    Head of government: The Prime Minister (a new position created by the 2006 constitution), appointed by the President. In theory the Prime Minister is accountable to the National Assembly, but in practice he is accountable to the President.
    Legislature: The Parliament of the Democratic Republic of Congo consists of two chambers, the National Assembly (Assemble Nationale) and the Senate (Senat). The National Assembly consists of 500 members elected by proportional representation from multi-member constituencies, for a five-year term. The Senate consists of 128 members indirectly elected by the provincial assemblies for a five-year term.
    Electoral authority: The Independent Election Commission administers national elections.
    Note: Since the 2006 elections, all Congolese government websites appear to have gone offline.
    Freedom House 2009 rating: Political Rights 6, Civil Liberties 6

    Political history

    The basin of the Congo River, a territory with no ethnic, linguistic or economic unity, was declared to be a political entity under the sovereignty of the King of Belgium in 1885. King Leopold's agents looted the territory with appalling cruelty, creating such a scandal that the Belgian government assumed responsibility in 1908. Little was done to develop the area, however, and it was completely unprepared for independence when the Belgians suddenly departed in 1960. Joseph Kasavubu and Patrice Lumumba, the first leaders of independent Congo, were soon overthrown and the country dissolved into civil war. From this chaos emerged the dictator Joseph-Desire Mobutu (from 1972 styled Mobutu Sese Seko), who held power in Kinshasa from 1965 to 1997. One of Africa's most corrupt rulers, Mobutu exercised only sporadic control over most of the country. From 1971 to 1997 the country was called Zaire.

    Mobutu was finally overthrown in 1997 by a rebel army led by Laurent-Desire Kabila, who soon proved to be as autocratic, if not quite as corrupt, as his predecessor, and promised elections which were never held. Kabila was assassinated in January 2001 and succeeded by his son Joseph Kabila. Various foreign private armies, backed by governments seeking a share of Congo's vast untapped resources, took control over parts of the east and south of the country, and ethnic violence broke out in many places. Following years of effort by the United Nations, a new constitution was approved by referendum in 2005 and elections were held in August 2006, the first since 1960. Kabila was elected President and his People's Party for Reconstruction and Democracy (PPRD) became the largest party in the legislature. But Congo did not become a functioning democracy. Fighting soon broke out between followers of Kabila and his defeated rival Jean-Pierre Bemba, leader of the Movement for the Liberation of Congo (MLC). The ethnic violence in the east of the country has escalated. Kabila's first Prime Minister, Antoine Gizenga, resigned in 2008. He was succeeded by Adolphe Muzito

    The UN mission in Congo has information at the MONUC website.

    Freedom House's 2009 report on Democratic Republic of Congo says: "The DRC is not an electoral democracy. The 2006 elections were a significant improvement over previous elections, but serious problems remained. The opposition Union for Social Democracy and Progress (UDPS) party did not participate as a result of the party leader's call for a boycott of the recent constitutional referendum. International observers noted voter registration irregularities and corruption. The campaign period included clashes between opposition militants and government forces as well as an attempt on opposition leader Jean-Pierre Bemba's life... Corruption is rampant in the DRC, particularly in the mining sector. The country held the bottom rank in the World Bank's 2008 Doing Business survey of 181 countries, and it was ranked 171 out of 180 countries surveyed in Transparency International's 2008 Corruption Perceptions Index... Although guaranteed by the constitution, freedoms of speech and expression are limited in practice... Despite guarantees of independence, the judiciary remains subject to corruption and manipulation... Civilian authorities do not maintain effective control of the security forces."

    Watsha Gold is working to establish presence in every Conner of Congo (DRC) meanwhile we are still working with manual instruments as we are trying to work in conjunction with buyers of our products to bring in modern mining machinery...

    Timber

    Timber



    Message from the Director

    Developments in the DRC Mining

    The Congolese Government is taking considerable steps to both attract and work with foreign investors by promising fair and transparent treatment to private business. In 2002, the DRC signed up to the Extractive Industries Transparency Initiative, which requires all revenues and payments by mining companies to be made public, assuaging at least some of the concerns about state corruption.

    Other recent legislation since the democratic elections in 2006 includes a new investment code, a new mining code and a new commercial court. The World Bank is also supporting efforts to restructure the DRC's large parastatal sector and neglected infrastructure including the Inga Dam hydroelectric system.

    The country has recently completed a long-awaited review of 61 mining concessions, many of which had been negotiated in the highly unstable period 1996-2006 (none of these concessions affected Watsha). These developments are credited with attracting billions in capital investment over the last 4 years and raise the prospect of mineral profits that will ultimately affect the lives of all DRC citizens.

    Gold Exploration and Development

    The Democratic Republic of Congo (DRC) holds the promise of becoming one of Africa's most significant gold producers. With a history of oppressive colonial rule, brutal dictatorship, and violent civil unrest for much of the last decade, there are signs that political stability is slowly starting to emerge.

    In addition to helping realize potential for shareholders, Watsha is firmly committed to helping the local Congolese people in the communities it is working in and with. Kilo is already helping contribute to the short-term stability of the region through job creation, training activities and philanthropic sustainable development initiatives through Watsha. Watsha will continue to maintain a healthy balance between achieving success for shareholders while playing an active part in contributing to long-lasting peace and prosperity in a developing nation blessed with abundant mineral wealth.

    Mrs. Salima Sanura

    President


    Watsha Gold Mining Group have activities in the Watsa,Mungwalu,Kilo and Ituri river and our daily production is about 2 kilos of gold dust.

    Ituri History.
    Land dispossession occurred predominantly in Lendu-Gegere areas of Djugu Territory and much less in the Lendu-Bindi area south of Bunia (Irumu Territory), where land was more plentiful and access more even. (6)
    To end Lendu subjugation, the Belgian colonial authorities created separate Hema and Lendu villages, gave Lendu their own chiefs, and stopped Hema from grabbing Lendu land. But the plan proved unpopular in the early years. Many Lendu rejected the authority of the newly appointed chiefs (Southall 1956: 320), while other Lendu groupings like the Lendu-Bindi (also known as Ngiti) retained their independence and continued to elude the authorities. Among these independent Lendu, political action was organized at the level of strongly autonomous sub-clans (1956: 161).
    Lobho and Southall agree that the initial European encounter was disastrous for the Hema political elite. By the early 1950s, just two decades after villages were 'fixed' as mono-ethnic entities, Lendu had started 'to pretend that no other state of affairs had ever existed' (Southall 1956:153). Hema supremacy continued to decline during the first decade of independence when Mobutu's Zaireanization campaign gave Hema once again the upper hand in matters of administration, education, artisanal fishing and commerce (Lobho 2002). (7) Crucially, from 1973 until 1999, when the present conflict began, Ituri's wealth centred on 'the cattle market, the sale of gold and commerce in general, all avenues where Lendu miss out' (2002: 75).
    Ituri's six-year war began as a series of land disputes in which Lendu opposed the constant loss of 'ancestral land' to powerful GegereHema entrepreneurs. The latter took advantage of Congo's ambiguous Bakajika Land Law (1966) and General Property Law (1973), which allowed ancestral land to be appropriated by state functionaries for the purpose of private sale (see Pottier 2003a, 2003b, 2004). As Lendu farmers saw it, the sale of their ancestral land resulted from blatant collusion between rich Hema livestock keepers and Hema administrators. From an elite Hema perspective, however, Lendu were ignorant of the fine print of land legislation; they needed to be enlightened on how Bakajika was implemented (Lobho 2002: 67). Lobho did not attempt the kind of anthropological analysis we have for agrarian relations elsewhere in eastern Congo, which focuses on political domination and social exclusion (see Fairhead 1992; Schoepf and Schoepf 1987), but instead blamed 'the Lendu' for Ituri's malaise.
    Ituri's geographical location and abundance of natural riches have made it a hub for interregional and transnational trade. The region of which Ituri is a part has rich gold deposits (the Kilo complex), diamonds (Bafwasende), coltan (Lubero), tropical timber and--it is still claimed--significant oil deposits around Lake Albert. Uganda, Rwanda and the world at large are well aware of Ituri's exceptional wealth, its high-quality gold in particular. Watsha Gold Mining Group have activities in the Watsa, Mungwalu,Kilo and Ituri river and our daily production is about 2 kilos of gold dust.

    Coltan is the industrial name for columbitetantalite, a dull black metallic ore from which the elements niobium (formerly "columbium") and tantalum are extracted. The niobium-dominant mineral is columbite, hence the "col" half of the term. The mineral concentrates dominated by tantalum are referred to as tantalite.
    Tantalum from coltan is used in consumer electronics products such as cell phones, DVD players, video game systems and computers. Export of coltan from the eastern Democratic Republic of the Congo to European and American markets has been cited by experts was helping to finance the fomer-days conflict in the Congo, “especially in the Democratic Republic of the Congo, is directly connected to coltan profits” An estimated 6.9 million people have died since 1998 in the war in the Congo
    The Rwandan occupation in the east of the Democratic Republic of Congo (DRC) was a key factor preventing the DRC from exploiting its coltan reserves for its own benefit. Mining of the mineral is almost exclusively artisanal and small-scale. Note that the amount of coltan produced in Congo is a fraction of what is produced worldwide. A 2003 UN Security Council report charged that a great deal of the ore is mined illegally and smuggled over the country's eastern borders by militias from neighboring Uganda, Burundi and Rwanda.
    Coltan smuggling has also been implicated as a major source of income for the military occupation of Congo. Most people states that the search for coltan was fueled a brutal conflict in the Democratic Republic of Congo; they state that demand for coltan has caused Rwandan military groups and western mining companies to seek hundreds of millions of dollars worth of the rare metal, often by forcing prisoners-of-war and even children to work in the country's coltan mines. As the peace has come the Watsha Gold and Tantalite Mining Group has come to prevent the Tantite (Coltan) smuggling in the eastern part of the Democratic Republic of Congo (Zaire) especially in Northern Kivu Province in general and Mangurujipa region in particularly. Our Companies has capacity of producing about 3-5 tons of 30-35% per weekly.

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    WATSHA GOLD MINING HAS COME TO STAY.
    The Democratic Republic of Congo is estimated to have $24 trillion (equivalent to the combined Gross Domestic Product of Europe and the United States) worth of untapped deposits of raw mineral ores, including the world’s largest reserves of cobalt and significant quantities of the world’s diamonds, gold and copper. The major ores found throughout the DRC are:

    • Cobalt
    • Diamonds
    • Gold
    • Copper
    • Tantalite
    Much of the resource extraction is done in small operations, known as "Artisanal and Small-Scale Mining" (ASM), which are unregulated in the DRC. Recently, more money is being invested into the extraction and refining of some of the ores found in the DRC, primarily copper and cobalt, which may help regulate the extraction and reduce environmental impacts. However, many ASM operations still exist for minerals such as coltan that can be mined with little capital investment; ASM operations employ a significant number of DRC's population, with estimates of up to one fifth of the country or 12.5 million people. Because artisenal mining operations require little capital they are unregulated and occur primarily within protected areas, around endangered or threatened species. Artisenal mining often occurs in riparian zones.
    During periods of violence, resources have been looted from the original collectors by both Congolese and foreign soldiers, and civilians or they are extracted by soldiers, locals organized by military commanders (much of the time Rwandan and Ugandan commanders) and by foreign nationals. Problems stemming from mining practices include disruption of families, mining-related illnesses, environmental damage, child-labor, and abuse of women including prostitution and rape.
    Gold can heal as Medicine
    In medieval times, gold was often seen as beneficial for the health, in the belief that something that rare and beautiful could not be anything but healthy. Even some modern esotericists and forms of alternative medicine assign metallic gold a healing power. Some gold salts do have anti-inflammatory properties and are used as pharmaceuticals in the treatment of arthritis and other similar conditions. However, only salts and radioisotopes of gold are of pharmacological value, as elemental (metallic) gold is inert to all chemicals it encounters inside the body. In modern times, inject able gold has been proven to help to reduce the pain and swelling of rheumatoid arthritis and tuberculosis.
    Gold alloys are used in restorative dentistry, especially in tooth restorations, such as crowns and permanent bridges. The gold alloys' slight malleability facilitates the creation of a superior molar mating surface with other teeth and produces results that are generally more satisfactory than those produced by the creation of porcelain crowns. The use of gold crowns in more prominent teeth such as incisors is favored in some cultures and discouraged in others.
    Colloidal gold preparations (suspensions of gold nanoparticles) in water are intensely red-colored, and can be made with tightly controlled particle sizes up to a few tens of nanometers across by reduction of gold chloride with citrate or ascorbate ions. Colloidal gold is used in research applications in medicine, biology and materials science. The technique of immunogold labeling exploits the ability of the gold particles to adsorb protein molecules onto their surfaces. Colloidal gold particles coated with specific antibodies can be used as probes for the presence and position of antigens on the surfaces of cells.[16] In ultrathin sections of tissues viewed by electron microscopy, the immunogold labels appear as extremely dense round spots at the position of the antigen.[17] Colloidal gold is also the form of gold used as gold paint on ceramics prior to firing.
    Gold, or alloys of gold and palladium, are applied as conductive coating to biological specimens and other non-conducting materials such as plastics and glass to be viewed in a scanning electron microscope. The coating, which is usually applied by sputtering with an argon plasma, has a triple role in this application. Gold's very high electrical conductivity drains electrical charge to earth, and its very high density provides stopping power for electrons in the electron beam, helping to limit the depth to which the electron beam penetrates the specimen. This improves definition of the position and topography of the specimen surface and increases the spatial resolution of the image. Gold also produces a high output of secondary electrons when irradiated by an electron beam, and these low-energy electrons are the most commonly used signal source used in the scanning electron microscope.
    The isotope gold-198, (half-life 2.7 days) is used in some cancer treatments and for treating other diseases.
    Investment
    Many holders of gold store it in form of bullion coins or bars as a hedge against inflation or other economic disruptions. However, some economists do not believe gold serves as a hedge against inflation or currency depreciation.[11]
    The ISO 4217 currency code of gold is XAU.
    Modern bullion coins for investment or collector purposes do not require good mechanical wear properties; they are typically fine gold at 24k, although the American Gold Eagle, the British gold sovereign, and the South African Krugerrand continue to be minted in 22k metal in historical tradition. The special issue Canadian Gold Maple Leaf coin contains the highest purity gold of any bullion coin, at 99.999% or 0.99999, while the popular issue Canadian Gold Maple Leaf coin has a purity of 99.99%. Several other 99.99% pure gold coins are available. The Australian Gold Kangaroos was first coined in 1986 as the Australian Gold Nugget. Its kangaroo theme appeared in 1989. In addition, there are several coins of the Australian Lunar Calendar series, and the Austrian Philharmonic. In 2006, the United States Mint began production of the American Buffalo gold bullion coin with a purity of 99.99%.


    Latest News

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