New mining decree boosts mineral exports

Rwanda’s mining industry registered impressive growth in the first quarter of 2011 with revenues tripling to US$35.5m compared to the same period last year, occasioned by increased mining activities across the country.The Minister of Forestry and Mines, Christophe Bazivamo, said in an interview yesterday, that increased production of Rwanda’s major mineral exports, which include castellite, tangsten and coltan, indicated that the country was on course to achieve its annual target revenues of US$100 million.