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Before the civil
war, about 10 percent of the countrys
export earnings came from mineral commodities.
Munyanganizi Bikoro, the Minister of Water
and Mining, is eager to raise investor awareness
of the sectors prospects and diversify
its activities. The government is putting
an emphasis on the processing of mineral
resources using the latest techniques for
geological exploration. The target is to
export finished minerals within a few years.
An investor-friendly mining code is being
drawn up and a new mining authority, Rwanda
Mining Associates (RMA), has been established,
through which the industry will be able
to access markets and loans to buy equipment.
As the Managing
Director of the South African backed Metal
Processing Association company, which operates
a cassiterite processing facility and a
tin smelter at Ginesnyi, close to the border
with the Democratic Republic of Congo, Bruce
Stride says that research and development
and geological survey could uncover vastly
different results from what is currently
known. Rwanda still has a lot to discover
in terms of mining, he adds.
The minister
believes that, with sufficient investment,
mining could become the leading export sector
and Rwanda a regional hub. Our policy
is to maximize value addition by creating
an industry that can transform these minerals
before they are exported, concludes
Dr. Bikoro.
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