{"id":48002,"date":"2023-05-04T11:51:41","date_gmt":"2023-05-04T11:51:41","guid":{"rendered":"https:\/\/new.igihe.com\/rwanda-generates-over-rwf247-billion-from-mineral-exports-in-first-quarter-of\/"},"modified":"2023-05-09T08:57:20","modified_gmt":"2023-05-09T08:57:20","slug":"rwanda-generates-over-rwf247-billion-from-mineral-exports-in-first-quarter-of","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/rwanda-generates-over-rwf247-billion-from-mineral-exports-in-first-quarter-of\/","title":{"rendered":"Rwanda generates over Rwf247 billion from minerals in first quarter of 2023"},"content":{"rendered":"<p>The figures released on Wednesday 3rd May 2023 show that the minerals were traded between January and March 2023. <\/p>\n<p>The RMB report shows that the minerals that contributed the most to the revenue were cassiterite, coltan, wolfram, gold, and other minerals. <\/p>\n<p>In January, cassiterite production was 316,093 kilograms worth US$ 5,436,480, and this increased to 363,701 kilograms worth US$ 5,903,483 in March. Coltan also demonstrated a substantial increase in export revenues, reaching 213,065 kilograms worth US$ 11,415,082 in March, up from 124,514 kilograms worth US$ 5,911,646 in January.<\/p>\n<p>Wolfram, which is also known as tungsten, generated 129,407 kilograms worth US$  1,723,665 in January and increased to 231,844 kilograms worth US$ 3,261,757 in March. <\/p>\n<p>Besides, gold generated the highest revenue, with 1,465 kilograms worth US$  90,519,870 in March, compared to 870 kilograms worth USD 53,234,196.20 in January. Other minerals also contributed to the revenue, with 827,041 kilograms worth USD 2,211,749 in March.<\/p>\n<p>The report shows that from January to March 2023, Rwanda exported a total of 5,925,199 kilograms of minerals, with a total value of US$ 247,480,699.40. <\/p>\n<p>The revenues generated from the export of minerals are expected to contribute significantly to the country&#8217;s economic development. <\/p>\n<figure class=\"spip-document spip-document-47632 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/gold-beac9.jpg\" alt=\"The RMB report shows that gold is among minerals that contributed the most to the revenue. \" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>{Rwanda Mines, Petroleum and Gas Board (RMB) has revealed that the country generated US$247,480,699.40$ (over Rwf247 billion) from exported minerals in the first three months of 2023.}<\/p>\n","protected":false},"author":62,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[72,75],"byline":[170],"hashtag":[],"class_list":["post-48002","post","type-post","status-publish","format-standard","hentry","category-economy","tag-featured-news-home","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":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/48002","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\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=48002"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/48002\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=48002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=48002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=48002"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=48002"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=48002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}