New Market Study Published: Angola Mining Report Q3 2012
We forecast that Angola's Mining industry will grow by 3.1% year-on-year (y-o-y) in 2012 in real terms. Growth is expected to remain stable thereafter with diamonds providing the main thrust for production growth over the medium term. However, we note increasing interest in new areas of mining including iron ore and phospahtes. Real growth in mining is forecast to average 3.98% y-o-y during the five years to 2016.
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