Mining in the Republic of the Congo
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Oil and gas dominate the extraction industries of the Republic of the Congo (French: République du Congo), also referred to as Congo-Brazzaville. The petroleum industry accounted for 89% of the country’s exports in 2010.[1] Among African crude oil producers in 2010, The Congo ranked seventh.[2] Nearly all of the country's hydrocarbons were produced off-shore. The minerals sector is administered by the Department of Mines and Geology. Presently no major mining activities are underway, although there are some small-scale domestic operations. However, the country does have numerous large-scale undeveloped resources. The country has recently attracted a strong influx of international companies seeking to tap into the vast mineral wealth.
Mining in the Republic of the Congo | |
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Location | |
Country | Republic of the Congo |
Regulatory authority | |
Authority | Ministry of Mines and Geology |
Website | Congo Portal |
Production | |
Commodity | |
Value | ?? |
Employees | 60,000 |
Year | 2011 |
As of 2012:
- 32 prospecting licenses granted to 28 companies
- 42 exploration licenses granted to 26 companies
- 7 mining licenses granted to companies