Press release
Diamond Mining In The Democratic Republic Of The Congo To 2020
Description
Synopsis
Timetric's 'Diamond Mining in the Democratic Republic of the Congo to 2020' report comprehensively covers DRC's reserves of diamond by region and county, the historic and forecast data on rough diamond production and rough diamond exports.
The report also includes factors affecting demand for diamonds, profiles of major diamond producing companies in the country and information on the active and exploration diamond projects.
The Fiscal Regime section provides information about the countrys regulatory authority, laws, licenses and other fiscal regime information such as taxes, rates and other charges applicable to the mining of the commodity in the country.
It is an essential tool for companies active in DRC's mining and for new competitors considering entering the industry.
Summary
The Democratic Republic of the Congo (DRC) has deposits of diamond, coal, gold, copper, cobalt, zinc, uranium, tin, silver, manganese, tungsten and cadmium. Mining plays an important role in the Congolese economy; it contributed around 21% to the countrys gross domestic product (GDP) in 2014.
The Democratic Republic of the Congo had the worlds second-largest diamond reserves at the end of 2014, with 150 million carats (Mct), or 20.5% of global reserves. Significant diamond reserves are found primarily in the Kasai Occidental and Kasai Oriental provinces.
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Scope
The report contains an overview of the Democratic Republic of the Congo's diamond mining industry together with the key factors affecting the industry and demand for the commodity.
It also provides information about DRC's diamond reserves, historic and forecast data on rough diamond production and rough diamond exports, the competitive landscape and active and exploration diamond projects.
Reasons To Buy
Gain an understanding of the diamond mining industry in DRC, diamond reserves, historic and forecast data on rough diamond production and exports, demand drivers, active and exploration diamond projects, the competitive landscape and the country's fiscal regime.
Key Highlights
The country was the worlds main producer and exporter of rough diamonds, producing 15.7Mct of rough diamond in 2014, down by 0.2% over 2013 due to a decrease in production from artisanal mining operations.
Democratic Republic of the Congo had the worlds second-largest diamond reserves as of January 2015, at 150Mct, or 20.5% of the global total. Substantial diamond reserves are located in Kasai Occidental and Kasai Oriental, most being alluvial and kimberlitic deposit types.
The diamond mining industry is governed by the Ministry of Mines. The Mining Code: Law No 007/2002 regulates the minerals sector.
Table of Contents
1 Executive Summary
2 Diamond Mining in the Democratic Republic of the Congo Reserves, Production and Trade
2.1 Reserves by Geographic Region and Country
2.2 Historic and Forecast Production
2.3 Active Mines
2.4 Exploration Projects
2.5 Rough Diamond Exports
2.6 Factors Affecting Demand for Diamonds
2.6.1 Demand from end-use and export market
3 Rough Diamond Producers in the Democratic Republic of the Congo
3.1 Mwana Africa Plc
4 Fiscal Regime
4.1 The Congolese Mining Industry Governing Bodies
4.1.1 The Ministry of Mines
4.1.2 Mining Registry
4.1.3 Centre for Expertise, Evaluation and Mineral Substances Certification Precious and Semi-Precious (CEEC)
4.2 The Congolese Mining Industry Governing Laws
4.2.1 Mining Code: Law No 007/2002
4.3 The Congolese Mining Industry Mining Licenses
4.3.1 Exploration license
4.3.2 Exploitation license
4.4 The Congolese Mining Industry Mining Rights and Obligations
4.4.1 Rights
4.4.2 Obligations
4.5 The Congolese Mining Industry Key Fiscal Terms
4.5.1 Royalty
4.5.2 Corporate income tax
4.5.3 Property tax
4.5.4 Depreciation
4.5.5 Loss carry forward
4.5.6 Exceptional tax on expatriates salaries
4.5.7 Turnover tax
4.5.8 Surface area tax
4.6 The Congolese Mining Industry Future Development
5 Appendix
5.1 Abbreviations
5.2 Bibliography
5.3 Secondary Research
5.4 Primary Research
5.5 Contact Timetric
5.6 About Timetric
5.7 Timetrics Services
5.8 Disclaimer
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