Gabon Industry Articles & Analysis

Chapter | Industry & Mining from The Report: Gabon 2016

The mining sector has traditionally been a major currency earner for Gabon. The country is the world’s fourth-largest producer of manganese, and is thought to have more than 2bn tonnes of iron ore, over 40 tonnes of proven gold reserves, and a range of other base and rare-earth minerals, including lead, zinc, copper, diamonds, niobium and titanium. The mining sector’s contribution to GDP is...

An oil-rich equatorial country in West Africa, Gabon’s abundant natural resources have given it one of the highest per capita incomes on the continent, though lower oil revenues has seen growth contract in recent years.

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L’heure est au progrès pour le secteur minier gabonais, avec le développement de nouveaux projets qui s’inscrivent dans le cadre d’une stratégie gouvernementale visant à attirer les investissements étrangers et à contrer le ralentissement enregistré l’année dernière.

 

As part of the government’s plans to promote value addition under the Industrial Gabon pillar of the Emerging Gabon Strategic Plan, the processing of minerals has seen some key developments. President Ali Bongo Ondimba announced a decision in mid-2016 to ban raw material exports by 2020, suggesting that even minerals would have to undergo some...

 

The markets of West Africa import 1.9m tonnes of palm oil every year, used mainly for cooking, according to a March 2016 report from Lagos-based newspaper Mail&Guardian Africa. The commodity currently fetches around $686 per tonne, and in recent years the price has been relatively stable. Given the substantial demand, Gabon is...

 

What changes are planned for the mining code?

Launched in 2010, the Emerging Gabon Strategic Plan (Plan Stratégique Gabon Emergent, PSGE) aims to reduce Gabon’s reliance on oil production by 2025 through the development of three sectoral-focused pillars: Green Gabon, which targets timber, agriculture and ecotourism; Industrial Gabon, which emphasises value addition through local processing of raw materials; and Gabon...

 

What is the current state of the manganese industry in Gabon, and what are its prospects?