Researchmoz | Precious Metals Mining Market Share and Trend of the Democratic Republic of the Congo 2020 - a Focus on the Diamond Industry

Precious Metals Mining in the Democratic Republic of the Congo to 2020 - a Focus on the Diamond Industry

Synopsis The 'Precious Metals Mining in the Democratic Republic of the Congo to 2020 – a Focus on the Diamond Industry' report comprehensively covers the country's historical and forecast data on rough diamond production and exports to 2020, and reserves by region. The report also includes drivers and restraints affecting the industry, profiles of major diamond mining companies, information on the major active, exploration and development projects and regulations governing the industry. Executive summary Most reserves are located in the provinces of Kasai Occidental, Kasai Oriental and Katanga. The DRC’s diamond mining industry is fully export-oriented, and it produced 15.7 million carats of rough diamonds in 2013, with the majority of production originating from the Kasai-Oriental and Kasai-Occidental provinces. Scope The report contains an overview of the Democratic Republic of the Congo's diamond mining industry together with the key growth factors and restraints affecting the industry. It also provides information about reserves, production, trade, competitive landscape, major active, exploration and development projects and the mining fiscal regime of the country. Key highlights The mining industry's contribution to the country’s GDP grew from 25% in 2012 to 27.4% in 2013. Projects such as the IGE Tshikapa project, the Longatshimo project, the Mbelenge project and the Lubembe project − located in the Kasai-Occidental province − and the Mbujimayi project − located in the Kasai-Oriental province − are key upcoming projects. Artisanal and small-scale miners account for the majority of DRC’s rough diamond production, and around a third of the rough diamonds produced are estimated to be smuggled out of the country. In 2013, rough diamond production in the DRC measured 15.7 million carats, a decline of around 27%...