{Rwanda forecasts a 7.7 percent decline in export earnings from the mining industry this year as a retreat in commodity prices counters higher shipment volumes, State Minister for Mines Evode Imena said.}<\/p>\n
Export earnings may \u201cdrop to $208.7 million this year compared to $226.2 million generated the year earlier,\u201d Imena said in an interview yesterday in the capital, Kigali.<\/p>\n
The East African nation\u2019s export volumes are forecast to rally to 18.6 million kilograms (41 million pounds) this year from 9.6 million kilograms in 2013, he said.<\/p>\n
Rwanda is one of the world\u2019s biggest producers of tantalum, a metal used in mobile phones and video-game consoles, accounting for about 15 percent of global production in 2011, according to the U.S. Geological Survey. It also produces cassiterite, a tin ore, which is exported to Malaysia, Switzerland, Singapore and Austria.<\/p>\n
The country shipped 8 million kilograms of minerals from January through September this year compared with 7 million kilograms shipped the year earlier, Imena said.<\/p>\n
While Rwanda only produces conflict-free minerals, clients have been reluctant to buy its output because of perceptions that this isn\u2019t the case, Imena said.<\/p>\n
For more than a decade, armed groups and some members of the army in neighboring Democratic Republic of Congo have funded their rebellions and enriched themselves through mineral sales. Rwanda is a primary transit point for tin, tantalum and tungsten smuggled from North Kivu and South Kivu in Congo, U.K.-based advocacy group Global Witness said in 2013.<\/p>\n
{Bloomberg}<\/p>\n","protected":false},"excerpt":{"rendered":"
{Rwanda forecasts a 7.7 percent decline in export earnings from the mining industry this year as a retreat in commodity prices counters higher shipment volumes, State Minister for Mines Evode Imena said.} Export earnings may \u201cdrop to $208.7 million this year compared to $226.2 million generated the year earlier,\u201d Imena said in an interview yesterday […]<\/p>\n","protected":false},"author":3,"featured_media":2000055086,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[75],"byline":[170],"hashtag":[],"class_list":["post-17467","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-homenews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":{"id":2000055086,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton17467.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton17467.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton17467.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton17467.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton17467.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton17467.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/17467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=17467"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/17467\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000055086"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=17467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=17467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=17467"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=17467"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=17467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}