Burundi+Minerals

China Unlikely To Start Mineral Investments In Burundi In The Next Five Years
China is unlikely to start mineral investments in Burundi in the next five years. Australian company Argosy Minerals owns 100% of the Musongati Nickel Project in Burundi through its subsidiary, Andover Resources NL and has negotiated a comprehensive Mining Convention with the Burundian government. Burundi is also a landlocked country, is one of the poorest in Africa, and instability factors hinder potential foreign investment.
 * Executive Summary: **

According to IHS Global Insight, Burundi has substantial nickel reserves and that deposits of vanadium and uranium are being surveyed however there is no further open source information available. Burundi is one the world's poorest countries; it is landlocked, has a poor legal system, a lack of economic freedom, a lack of access to education, proliferation of AIDS/HIV and having just come from a civil war in the mid 1990s. Australian company Argosy Minerals owns 100% of the Musongati Nickel Project in Burundi through its subsidiary, Andover Resources NL. Andover Resources has negotiated a comprehensive Mining Convention with the Burundian government. Overall, these factors hinder China's investment in the mineral sector of Burundi.
 * Discussion: **

** Analytic Confidence: **
Analytic confidence is medium. Source reliability ranges from medium to high. There is no conflict between sources. The analyst had low expertise on the subject, worked alone while also collaborating with a group, and did not use a structured analytic method. The subject is moderately complex and the deadline was moderately easy to meet.


 * Analyst: ** James Gibson