Albany, NY -- (SBWIRE) -- 04/06/2016 -- 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.

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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.

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.

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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.

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