BMI View: Central Africa is starting to leverage its considerable mineral wealth as mining activity expands across the region, in countries such as the DRC, Congo-Brazzaville and Cameroon. The region's considerable and largely untapped deposits and high grades are an attractive proposition for international mining group, particularly as other locations suffer falling grades and higher operating costs. We see significant potential for growth in the extraction of copper, gold, iron ore and other minerals, however, political risks and a lack of adequate infrastructure continue to present considerable challenges to operators in the region.
|Striking While The Iron (Or Copper) Is Hot|
|DRC - Gold & Copper Output|
|e/f= BMI estimate/forecast. Source: BMI Calculation, USGS|
A New Stage For Metals Production
As is the case throughout much of Sub-Saharan Africa, much of the mining sector in Central Africa is at an embryonic stage of development. We highlight the region's fledgling iron ore sector which is concentrated in the Democratic Republic of the Congo (DRC), Congo-Brazzaville and Cameroon. The high-quality grades and considerable reserves of these countries provide an advantage to miners willing to overlook the sizeable political risks and infrastructure constraints of these countries, particularly given the current low-price environment for iron ore and other commodities. While much of the early investment into these markets has come from Western investors, many of these hailing from Australia, the UK and North America, there is growing interest from Asian companies, including those from China and South Korea, as they look to secure long-term access to iron ore supplies.
Besides iron ore, we note significant development in the gold and copper mining sub-sectors, both of which centre predominantly on the DRC. Again, the growth of these industries will depend on the ability of miners to overcome considerable infrastructure constraints as well as high levels of...
The Central Africa Mining Report has been researched at source and features BMI Research's mining and commodity forecasts for metals, minerals and gems, covering all major indicators including reserves, production, exports and values. The report also analyses trends and prospects, national and multinational companies and changes in the regulatory environment.
BMI's Central Africa Mining Report provides industry strategists, service companies, company analysts and consultants, government departments, trade associations and regulatory bodies with BMI's independent forecasts and competitive intelligence on the mining industry in Cameroon, Congo, Congo, Dem. Rep..
- Use BMI's independent industry forecasts on Cameroon, Congo, Congo, Dem. Rep. to test other views - a key input for successful budgeting and planning in this mining market.
- Target business opportunities and risks in Cameroon, Congo, Congo, Dem. Rep.'s mining sector through our reviews of latest mining industry trends, regulatory changes and major deals, projects and investments in Cameroon, Congo, Congo, Dem. Rep..
- Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity), Key Projects Tables and Competitive Landscape Tables.
BMI Industry View
Summary of BMI’s key forecasts and industry analysis, covering mining reserves, supply, demand and prices, plus analysis of landmark company developments and key changes in the regulatory environment.
Industry SWOT analysis
Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the mining sector and within the broader political, economic and business environment.
BMI Industry Forecasts
Historic data series (2009-2013) and forecasts to end-2019 for key industry and economic indicators, supported by explicit assumptions, plus analysis of key risks to the main forecasts. Indicators include:
- Mining industry: Industry size (USDmn), real growth (%), % of GDP, employment (‘000), workforce as % of total workforce, average wage (USD).
- Output: Production volumes (‘000 tonnes, carats etc.) for all major metals, minerals, ores and gems mined in each state, including bauxite, copper, gold, coal, lead, silver, tin, titanium, uranium, zinc etc.
- Exports: Value of exports (USDmn) for all major metals, minerals, ores and gems mined in each state.
- Commodity markets: Global demand, supply, stocks and benchmark prices (USD) for aluminium, copper, lead, nickel, tin, zinc, gold and steel.
BMI’s Mining Risk Reward Index
BMI’s Risk Reward Indices provide investors (mining companies and support service providers) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide indices of highest to lowest appeal to investors, with each position explained.
Competitive Landscape Tables & Analysis
Comparative company analyses and tables detailing USD sales, % share of total sales, number of employees, year established, market cap/NAV, ownership structure, production and % market share.
Details and analysis of all current and planned developments (new ventures, capacity expansion and other investments) across the sector broken down by metal/ore.
Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.
The Mining reports are based on an extensive network of primary sources, such as multilateral organisations (UN, WB, IMF), national chambers of commerce and industry, national statistical offices, government ministries and central banks, and multinational companies.
*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.