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State of Mining in Africa 

In the spotlight

The State of Mining in Africa – In the spotlight report provides a snapshot view of several mining regions across Africa and reviews the critical elements for a successful mining operation

We are pleased to launch the second edition of the State of Mining in Africa – In the spotlight report. We have taken a snapshot view of several mining regions across Africa and review the critical elements for a successful mining operation. 

 

Key points

·         Exploration is down – Exploration spend across Africa is at an estimated $1.7Bn for 2014, however, the DRC continues to gain exploration spend ‘market share’

 

·         Less than 30 Mining projects across Africa – There are just under 30 new mines planned to come into full production between now and 2018 totalling $18Bn in investment

 

·         DRC & Zambia copper projects dominate by number at 9 – The DRC is developing more projects and taking much more investment spend going forward

 

·         It’s all about head grade as “high risk” doesn’t mean “no-go”: The DRC does, however, remain to be perceived as more difficult to do business with an ease of doing business rating of 184 compared to Zambia’s 111

 

·         Infrastructure build is on track, but still not meeting the demand of mineral projects on the continent.

 

 

State of Mining in Africa
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