RMB announces Rwf2 billion revenues shared to communities amid the mining week
Rwanda Mines, Petroleium and gas board have shared some of the sector’s contribution to the communities living around mining sites with the common aim of transforming people’s social economic development.
According to the board, the scheme is similar to the Rwanda Development Board’s (RDB) tourism revenue-sharing, all driven by the government of Rwanda for focusing on positive impact to Rwandans.
So far eight districts have benefited from the scheme and about two billions francs have spent in different developments including Water supply infrastructures to 59,545 households in Gatsibo, Kamonyi and Rutsiro districts, construction of improved progressive terraces on 424Ha in Burera and Rulindo, construction of IDP model village for 16 families in Kayonza and provision of iron sheets to 862 affected by disasters in Ngororero.
The scheme also constructed electricity lineage in Kamonyi, health post in Burera, protection against illegal miners in Mukura-Gishwati park and rehabilitation of marram road in Muhanga districts.
Notably, today on 4th December, Rwanda kicks off “Mining Week 2023″ of which the opening ceremony is taking place at Kigali Convention Centre. With the theme ” Embracing technology, investment and responsible in mining”, the week is expected to enable networking, knowledge sharing, and exploring the latest innovations in the mining industry.
Rwanda actually takes 10 percent of the mining revenues which is given to the Local Administrative Entities Development Agency (LODA) to arrange the sharing procedures.
For stretching efforts in the mining sector, on November 28, Rwanda Mines, Petroleium and Gas Board(RMB) and Trinity Metals Group, lauched a lithium exploration project worth Rwf3 billion for extraction of the rolling hills of Musha sector in Rwamagana district.
Rwanda also exhibited the Gasabo Gold Refinery (GGR) that refines gold and add value on its price at the global market. The refinery has the capacity of producing 40 tonnes of refined gold per day.
THE RWANDASUN
