Rwanda presents untapped investment opportunities

The Mining sector in Rwanda has untapped potential that presents lucrative investment opportunities in the entire value chain from exploration to value addition.

EXPLORATION OPPORTUNITIES:

•        The Government of Rwanda has invested in exploration works in Prospective Target Areas to generate good primary geology data to be used by mineral exploration companies.

•        Intensive, up to date and detailed mineral exploration can be carried out in the recently identified Prospective Target Areas (PTAs) to delineate and quantify their mineral resources.

MINING:

•        The mining law grants the right to exploit three categories of mines: artisanal, small scale, and largescale mines to any person or company with proven technical expertise and financial capacity to develop and run a mining project.

VALUE ADDITION:

•        Rwanda’s mineral ores produced in the country are exported as 100% raw mineral concentrates, not as metals.

•        The establishment of processing plants to smelt cassiterite into tin, refining wolframite into tungsten, tantalite into tantalum, gemstones cutting and polishing.

INDUSTRIAL MINING:

•        Currently, Rwanda’s mining sector is mostly artisanal;

•        Modern technology is needed to upgrade the sector to a semi- mechanized and later at industrial level to increase production, which is low compared to the proven potential.

•        Mining equipment including drillers, bulldozers, gravity table shakers are needed to upgrade the sector.

GEMSTONES:

•        The exploration and exploitation of gemstones is still at a low level in Rwanda.

•        The country possesses a variety of gemstones including: beryl (Aquamarine), Amblygonite, Corundum (Ruby and sapphire), Tourmalines and different types of Quartz.

•        There are opportunities to set up businesses cutting and polishing gemstones.

INDUSTRIAL MINERALS:

•        Rwanda possesses a variety of minerals such as good quality silica sands, kaolin, granite, vermiculite, diatomite, clays, limestone, talcum, gypsum and pozzolana.

•        However, exploitation and processing of industrial minerals to meet the demand for construction materials is still low especially production of tiles, slabs sculptures, paints, bricks and concrete aggregates.

PROVISION OF MINING EQUIPMENT:

Mining equipment and services are required both in the country and the region. There is a gap in companies trading in or offering mining related services.

TRADE IN MINERAL SUBSTANCES:

•        Trade in mineral substances is carried out by holders of mining and mineral trading licenses and owners of smelting        companies.

•        Trading in minerals, including cassiterite, wolframite and niobium – tantalite, must contain at least 30% value added.

 

CONTACT:

Joseph BUTERA

Mineral Economy and Investment Specialist

Joseph.butera@rmb.gov.rw

+250 7 8484 1419