Angola Mining Report - Q4 2014

Business Monitor International
August 20, 2014
57 Pages - SKU: BMI5315600
Countries covered: Angola

Angola Mining Report - Q4 2014

Angola's mining industry is set to reach USD7.5bn in 2018, growing at an average rate of 5.3% 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 poor infrastructure and stringent bureaucracy are unlikely to beresolved in the near term.

Prospecting To Begin In Kwanza Sul

In 2013, Angola-based diamond miner Sociedade Mineira de Catoca (SMC) was awarded the rights tocarry out prospecting for diamonds in the province of Kwanza Sul. The announcement followed thecompletion of surveying work by SMC in the mining zones of Gango and Quitúbia, both of whichencompass a concession area of 3,000km sq. The project will be the first diamond mining enterprise inKwanza Sul province and is the culmination of ongoing attempts to launch exploration projects at Gangoand Quitúbia since 2001. This and other projects will ensure that diamonds dominate Angola's miningsector for the foreseeable future.

More Diamond Mining reports by Business Monitor International

Mining Report - Zimbabwe Q4 2014 by Business Monitor International
Mining Report - Zimbabwe Q4 2014BMI View: Zimbabwe will achieve solid mining sector growth over our forecast period to 2018. Platinumproduction will be the main ...
Namibia Mining Report - Q4 2014 by Business Monitor International
Namibia Mining Report - Q4 2014BMI View: While Namibia holds substantial diamond and uranium reserves among other minerals, thegovernment's potential to enforce policy to ...
Mining : Botswana Mining Report Q3 2014 by Business Monitor International
Mining : Botswana Mining Report Q3 2014Botswana hosts one of the best regulated and strongest performing mining sectors in Africa, with diamondsthe main commodity. Botswana's ...
Russia Mining Report Q2 2014 by Business Monitor International
Russia Mining Report Q2 2014BMI View: Despite boasting rich mineral deposits, a mining boom is unlikely to catch up with Russiaanytime soon. A growing number ...
See all reports like this >>

More Angola Diamond Mining reports

Production and Investment Forecasts of Angola's Mining Industry by Frost & Sullivan
This research service is an analysis of production and investment patterns in Angola's mining industry with the objectives of providing up-to-date market information on production ...
See all reports like this >>



    Report with 3 quarterly updates  USD 1,295  
    Report with 3 quarterly updates
3 User License
  USD 1,945  
    Report with 3 quarterly updates
5 User License
  USD 2,500  
    Report with 3 quarterly updates
Departmental/Site License
  USD 2,995  
    Global Site License Fulfilled by Publisher  USD 6,995  
US: 800.298.5699
Int'l: +1.240.747.3093

Share this report

    Other tasks

    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!