| Mining in the Republic of the Congo | |
|---|---|
.svg) Position of Republic of the Congo within Africa highlighted | |
| 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 |
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.
As of 2012:
- 32 prospecting licenses granted to 28 companies
- 42 exploration licenses granted to 26 companies
- 7 mining licenses granted to companies
- ^ "U.S. Geological Survey : 2010" (PDF). Minerals.usgs.gov. Retrieved 20 October 2013.
- ^ BP p.l.c; International Monetary Fund, 2011