Central Africa Mining Report - Business Monitor International - Industry Reports

Central Africa Mining Report

Central Africa Mining Report - Business Monitor International - Industry Reports
Central Africa Mining Report
Published Oct 31, 2015
57 pages — Published Oct 31, 2015
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

As is the case throughout much of Sub-Saharan Africa, much of the mining sector in Central Africa is at an embryonic stage of development. We highlight the region s fledgling iron ore sector which is concentrated in the Democratic Republic of the Congo (DRC), Congo-Brazzaville and Cameroon. ...Besides iron ore, we note significant development in the gold and copper mining sub-sectors, both of which centre predominantly on the DRC. Again, the growth of these industries will depend on the ability of miners to overcome considerable infrastructure constraints as well as high levels of political and economic risk, nevertheless, the apparent willingness of the DRC and other Central African governments to engage with foreign investors and invest in infrastructure and power generation themselves must be seen as a positive development. However, running counter to this is a wave of new local and international mining legislation which may hamper the ability of international groups to develop mining projects in the region at a profit. ...However, running counter to this is a wave of new local and international mining legislation which may hamper the ability of international groups to develop mining projects in the region at a profit. While the Dodd-Frank Act, recently introduced by the United States, poses relatively little risk to miners in our opinion, the move by many governments, including the DRC towards, higher mining taxes may deter some investors in the short term while prices for many commodities continue to scrape along the bottom.

...BMI View: Low operating costs will help insulate the DRC gold mining sector from the current low-price environment for global miners will output from the African country forecast to continue expanding at a rapid pace over the next few years. The expansion of the Twangiza and Kibali deposits will be an important driver of production growth, with the country s total output forecast to surpass -mnt by ----. ...The country s total output increased -- year-on-year (y-o-y) in Q---, according to Banque Centrale du Congo. Though traditionally among the smaller gold producers in Sub-Saharan Africa, a spate of new mining projects will see the country grow to be one of the region s largest producers by the end of our forecast period by the end of our forecast period in ----. We forecast output to grow by --.- a year over --------- to -mn tonnes (mnt). Despite our downbeat forecast on global gold production, we believe the Democratic Republic of Congo (DRC) will be a production bright spot in the coming years. We forecast DRC gold output growth to average --.- year-on-year (y-o-y) over ---------, with production increasing from -.-- million ounces (moz) in ---- to -.--moz in ----.

...BMI View: Central Africa is starting to leverage its considerable mineral wealth as mining activity expands across the region, in countries such as the DRC, Congo-Brazzaville and Cameroon. The region s considerable and largely untapped deposits and high grades are an attractive proposition for international mining group, particularly as other locations suffer falling grades and higher operating costs. ...

  
Source:
Document ID
2049-0283
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Central Africa Mining Report" Oct 31, 2015. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Central-Africa-Mining-Report-2026-1301>
  
APA:
Business Monitor International - Industry Reports. (2015). Central Africa Mining Report Oct 31, 2015. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Central-Africa-Mining-Report-2026-1301>
  
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