The 'Precious Metals Mining in Botswana to 2020 – a Focus on the Diamond Industry' report comprehensively covers the country’s historical and forecast data on diamond production, reserves and exports to 2020. The report also includes drivers and restraints affecting the industry, profiles of major diamond mining companies, and information on the major active projects and regulations governing the industry.
Summary
The country’s rough diamond production is expected to reach 25.3 million carats by 2014 and 32.2 million carats in 2020. In 2009, the county’s diamond industry declined sharply due to the global economic crisis, emphasizing the country’s reliance on export demand, leading to a fall in rough diamond production. Botswana’s rough diamonds are mostly exported to the US, Europe and Japan. These three destinations made up 84.7% of the country’s total exports in 2012.
Scope
The report contains an overview of Botswana's diamond mining industry together with the key growth factors and restraints affecting the industry. It also provides information about reserves, production, trade, competitive landscape, major active projects and the country's mining fiscal regime.
Reasons to Buy
Gain an understanding of Botswana's diamond mining industry, the relevant drivers and restraining factors, reserves, historical and forecast production, trade and the fiscal regime.
Key Highlights
• Botswana is the world’s largest producer of diamonds by value, with diamonds accounting for 81% of total minerals contribution to country’s GDP and 98% of mineral revenue payable to the government in 2013. • The country’s rough diamond production is estimated to reach 25.3 million carats by 2014 and 32.2 million carats in 2020. • The relocation of the Diamond Trading Company (DTC) from London to Botswana in 2013 is an important step towards improvements in economic growth, job opportunities and investment. • Botswana’s mining industry is governed by the Ministry of Mineral, Energy and Water Resources (MMEWR) and sub-departments such as the Department of Geological Survey (DGS), the Department of Water Affairs (DWA) and the Department of Mines (DoM).
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