Rwanda: Potential for Investment in Rwandan Mining Sector
Hosted by the Hon Stanislas Kamanzi, Minister of Natural
Resources, Rwanda
Mining On Top: Africa - London Summit
25-26 Jun 2013 | London
2. Overview
• Geologic context of Rwanda
• History of Mining in Rwanda
• Current status
• Reforms and major successes
• New discoveries
• Investment opportunities
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8. III. Current status
8
Year
Export
earnings
(Millions
of US$)
Exports in
Volume (Tons)
1999 6.9 943
2000 12.6 1,012
2001 42.6 2,102
2002 15.9 2,083
2003 11.1 2,599
2004 29.3 5,082
2005 37.3 6,465
2006 37.0 6,187
2007 70.6 8,283
2008 94.0 7,364
2009 54.6 7,960
2010 71.0 8,406
2011 158.0 9,697
2012 136.3 7588
0
2000
4000
6000
8000
10000
12000
1997 2002 2007 2012
EXPORTEDVOLUME(TONS)
Year
VOLUME OF EXPORTS, 1999 TO 2012
VOLUME ( TONS )
Linear (VOLUME ( TONS
))
0
50
100
150
200
1997 2002 2007 2012EXPORTEARNINGS(MILLIONS
OFUSD)
YEAR
EXPORT EARNINGS FROM 1999 TO
2012
VALUE ( MILLIONS OF
USD )
Linear (VALUE (
MILLIONS OF USD ))
9. 9
Government’s vision for the mining sector = To ensure the optimal and
sustainable utilization of its mineral resources
Targets:
EDPRS 1: Exports from USD 38 M in 2005 to USD 106 M in 2012 (target
surpassed);
EDPRS 2: Triple 2012 earnings by 2017, increase earnings from USD 136 USD to
reach USD 400 M.
10. V. Reforms and majors success
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11OTF-GoR Retreat Akagera—EAK—02-14-06
OTF Group Proprietary Information
1. Strengthen the enabling
legal, regulatory and institutional
environment
2. Develop targeted investment, fiscal and
macro-economic policies
3. Improve mining sector
knowledge, skills and use of best
practices
4. Raise productivity and establish new
mines
5. Diversify into new products and
increase value addition
Session 1: Mining Policy development – process, rationale and context
The mining policy task force agreed ten pillars as the basis for the mining policy
Objectives (Impact)Strategic Pillars (Outcomes)
Higher productivity (3 industrial mines by
2020)
Increased investment ($500 million by 2020)
More employment & higher paying jobs
(50,000 employees by 2015)
Increased exports ($240million per year by
2020)
Reduced imports ($10million per year fall in
construction material imports)
Increased tax revenue ($30million per year
by 2020)
Reduced environmental impact (no
artisanal treatment in rivers)
Greater macro-economic stability
11. In 2012:
Minerals contributed 47.5 % of principal export;
The sector directly employed at least 23,000 people
Currently there are 558 mining sites in the
country, operated by 231 mining companies and
cooperatives;
32 companies are dealing in mineral trading and
exporting;
Some figures
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