{"id":25120,"date":"2016-05-05T10:51:13","date_gmt":"2016-05-05T10:51:13","guid":{"rendered":"https:\/\/new.igihe.com\/price-volatility-leaves-rwanda-s-mining-sector-in\/"},"modified":"2016-05-14T06:20:12","modified_gmt":"2016-05-14T06:20:12","slug":"price-volatility-leaves-rwanda-s-mining-sector-in","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/price-volatility-leaves-rwanda-s-mining-sector-in\/","title":{"rendered":"Price volatility leaves Rwanda\u2019s mining sector in shadows"},"content":{"rendered":"<p>{The Ministry of Natural Resources (MINIRENA) and Rwanda Mining Association have revealed that mineral price volatility on international markets since 2013 has undermined the extraction of minerals in the country. } <\/p>\n<p>The minister of state in charge of mining at MINIRENA, Imena Evode noted that  mineral exports earned Rwanda  more than USD 226 million in 2013, USD 206 million in 2014 and  USD 150 million in 2015.<\/p>\n<p>During the general meeting of Rwanda Mining Association held early this week, the minister attributed the decline  of Rwanda\u2019s earnings to price volatility at international market. <\/p>\n<p>The president of Rwanda Mining Association, Jean Malic Kalima said that the drop of mineral prices  saw almost 200 miners suspending  their activities and  financial institutions continue to decline extending loan facilities  though talks are ongoing.<\/p>\n<p>Rwanda targets to increase revenues from the mining sector  to  USD 400 million by 2017.<\/p>\n<figure class=\"spip-document spip-document-12116 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/imena.jpg\" alt=\"The minister of state in charge of mining at MINIRENA, Imena Evode\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>{The Ministry of Natural Resources (MINIRENA) and Rwanda Mining Association have revealed that mineral price volatility on international markets since 2013 has undermined the extraction of minerals in the country. } The minister of state in charge of mining at MINIRENA, Imena Evode noted that mineral exports earned Rwanda more than USD 226 million in [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[75],"byline":[160],"hashtag":[],"class_list":["post-25120","post","type-post","status-publish","format-standard","hentry","category-news","tag-homenews","byline-theophile-niyitegeka"],"bylines":[{"id":160,"name":"Th\u00e9ophile Niyitegeka","slug":"theophile-niyitegeka","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":3}],"contributors":[{"id":160,"name":"Th\u00e9ophile Niyitegeka","slug":"theophile-niyitegeka","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":3}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/25120","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=25120"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/25120\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=25120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=25120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=25120"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=25120"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=25120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}