The Deputy Director General of Geology and Mines Dr Michael Biryabarema has said Rwanda is the leading country in the region in its implementation of Mineral traceability and Mineral tagging system.
Biryabarema was addressing a conference in Kigali held to discuss an oversight of the Easter African Community project on the framework to develop extractive and Mineral processing industries in EAC partner states.
Hon. Bazivamo Christophe of the East African Legislative Assembly (EALA) slamed those who accuse Rwanda of embezzling Minerals in neighboring countries noting that Rwanda possess several minerals and has a high Mining potential which can contribute to the social economic development of the country.
He said that Members of EALA at the meeting would be able to witness what Rwanda has achieved and how they can use Rwanda’s example to improve Mining sector in their respective countries
Mahmoud Salem of Rwanda Mining Investment Forum commended the significant progress in Rwanda’s Mining sector noting that other regional countries should learn from its success.
He added that the forum brought together investors from China, Egypt, USA, South Africa, Austria, Russia and Canada.
Currently Rwanda has 130 Mining companies and cooperatives operating on 500 Mining sites countrywide.
However, Dr Michael said there is possibility of getting additional Mineral potential on Rwandan territory.
By 2012, Rwanda is spending € 2 Million for Mineral exploration and this shows the commitment to improve the sector.
Rwanda has recorded steady increase of mineral production during last year where about US$ 164 Million was generated.
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