Thursday, 21 February 2013

Angola Mining Report Q2 2013

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Angola Mining Report Q2 2013
Feb 20th 2013, 00:00

Angola''s mining industry is set to reach US$2.4bn in 2017, growing at an average rate of 3.6% a year. Therate of growth will remain stable thereafter, with diamonds providing the main thrust for production growthover the medium term. New areas of mining, including iron ore, copper and phosphates, are also receivingincreasing international interest from investors and are expected to provide further momentum for Angola''smining sector over the long term. That said, we do not expect the mining sector to receive much attentionfrom the government as the country''s burgeoning oil sector attracts the lion''s share of investment. Therefore,problems relating to mining such as...

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