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The mining sector of Ivory Coast contributes to 13% of the country's exports annually and accounts for 5% of the GDP. [1] [2] The industry has historically centered on the extraction of gold. Although the subsoil of Ivory Coast contains many other minerals, none had been discovered in commercially exploitable amounts.
During the precolonial era, gold was extracted from small shafts dug into the earth or from river and stream beds and was traded at the coast or across the Sahara Desert. Efforts under the colonial administration to exploit gold deposits at Kokoumbo in the center of the country and at small mines in the southeast proved unprofitable. In 1984 the state-owned SODEMI and a French mining company formed the Ity Mining Company (Société Minières d'Ity—SMI) to exploit a deposit discovered thirty years earlier at Ity near Danané. Total investment in this period was estimated at CFA F1.2 billion. The gold ore was of medium quality, with a ratio of gold to ore in the range of 8.5 grams per ton. Extraction was to begin in 1987, with output anticipated at 700 kilograms of gold metal during the first two years of operation. Ity estimated an additional investment of CFA F2.3 billion to expand output to 700 kilograms of gold metal a year. SODEMI also located gold deposits in the region of Issia and in the Lobo River bed, with anticipated annual yields of 100 kilograms and 25 kilograms, respectively. [1] [3]
In the mid-1970s, low-grade deposits (less than 50 percent) of iron ore estimated at 585 million tons were assayed at Bangolo near the Liberian border. A consortium representing Japanese, French, British, American, Dutch, and Ivoirian interests was formed to exploit the deposits; however, depressed world prices for iron ore forced the participants to postpone the project indefinitely. [1]
Following World War II, diamond mining seemed promising, but by the mid-1980s expectations had waned. The Tortiya diamond mine, operating since 1948, peaked in 1972 when 260,000 carats (52 kg) were mined. In 1980, however, the mine was closed. The Bobi mine near Séguéla produced 270,000 carats (54 kg) per year until the late 1970s; it was closed in 1979. Remaining reserves for Tortiya were estimated at 450,000 carats (90 kg); for Bobi, 150,000 carats (30 kg). [1]
Between 1960 and 1966, manganese mines in the region of Grand-Lahou on the coast yielded 180,000 tons of ore per year. In 1970, after world market prices had dropped and production costs had risen, the mines were closed. There were additional unexploited manganese deposits near Odienné. Ivory Coast also had small deposits of colombo-tantalite, ilmenite, cobalt, copper, nickel, and bauxite. [1]
As part of the Ivorian government’s strategic action plan to diversify the country's economic output, mining activities over the last decade have been steadily increasing. In September 2021, a large oil deposit was discovered in the Ivory Coast. This was followed by two more discoveries in July 2022 and February 2024. These discoveries are leading the country to explore its potential as an oil and gas producer. The number of mining permits and projects has tripled since 2012, from nine to 28. Research permits have also increased from 120 to nearly 200 over the same period. Tax revenue from mining activity has increased 20 times since 2012, standing at 372 billion CFA francs ($620 million) in 2023. [4]
Ivory Coast's gold output hit a record high in 2023 at 51 metric tons, up 6% from 48 tons in 2022. It is expected to hit 56 metric tons in 2024. The expansion of gold exports has been driven by the discovery of new gold deposits and the opening of new mines. [5] In May 2024, the country's largest deposit of gold was discovered in the west, with the potential to be the third-largest gold deposit in West Africa. [4] The government aims to make mining the second largest driver of growth in the Ivorian economy, after agriculture, with a target of 8% of the GDP by 2030. [2]
Mining in Brazil is centered on the extraction of iron, copper, gold, aluminum, manganese, tin, niobium, and nickel. About gemstones, Brazil is the world's largest producer of amethyst, topaz, agate and is a big producer of tourmaline, emerald, aquamarine, garnet and opal.
Silver mining in Colorado has taken place since the 1860s. In the past, Colorado called itself the Silver State.
Mining in South Africa was once the main driving force behind the history and development of Africa's most advanced and richest economy. Large-scale and profitable mining started with the discovery of a diamond on the banks of the Orange River in 1867 by Erasmus Jacobs and the subsequent discovery of the Kimberley pipes a few years later. Gold rushes to Pilgrim's Rest and Barberton were precursors to the biggest discovery of all, the Main Reef/Main Reef Leader on Gerhardus Oosthuizen's farm Langlaagte, Portion C, in 1886, which kicked off the Witwatersrand Gold Rush and the subsequent rapid development of the gold field there.
The Mining industry of Ghana accounts for 5% of the country's GDP and minerals make up 37% of total exports. Gold contributes over 90% of the total mineral exports. Thus, the main focus of Ghana's mining and minerals development industry remains focused on gold. Ghana is Africa's largest gold producer, producing 80.5 t in 2008. Ghana is also a major producer of bauxite, manganese and diamonds. Ghana has 20 large-scale mining companies producing gold, diamonds, bauxite and manganese; over 300 registered small scale mining groups; and 90 mine support service companies. Other mineral commodities produced in the country are natural gas, petroleum, salt, and silver.
Mining in Angola is an activity with great economic potential since the country has one of the largest and most diversified mining resources of Africa. Angola is the third largest producer of diamonds in Africa and has only explored 40% of the diamond-rich territory within the country, but has had difficulty in attracting foreign investment because of corruption, human rights violations, and diamond smuggling. Production rose by 30% in 2006 and Endiama, the national diamond company of Angola, expects production to increase by 8% in 2007 to 10,000,000 carats (2,000 kg) annually. The government is trying to attract foreign companies to the provinces of Bié, Malanje and Uíge. Angola has also historically been a major producer of iron ore.
Despite being a mineral rich country, Cameroon has only recently begun to investigate mining on an industrial scale. Strong metal and industrial mineral prices since 2003 have encouraged companies to develop mines here. The terrain mainly consists of granite-rich ground with areas of ultramafic rocks that are sources of cobalt and nickel. There are also deposits of bauxite, gold, iron ore, nepheline syenite, and rutile. Alluvial gold is mainly mined by artisanal miners.
The mineral industry is one of the main sectors of the Armenian economy and in 2017 accounted for 30.1% of its exports.
Mining has been conducted in Georgia for centuries. Today, Georgia's mineral industry produces manganese, copper and various types of quarried stone. Although the Georgian economy has experienced significant economic growth in recent years, growth in the mining and metallurgical sector has lagged behind that of the overall economy.
The mineral industry of Mozambique plays a significant role in the world's production of aluminium, beryllium, and tantalum. In 2006, Mozambique's share of the world's tantalum mine output amounted to 6%; beryllium, 5%; and aluminium, 2%. Other domestically significant mineral processing operations included cement and natural gas.
Gold Mining often plays a significant role in Burkina Faso’s economy. Burkina Faso has become Africa's 4th biggest producer of gold in 2012. Production of mineral commodities is limited to cement, dolomite, gold, granite, marble, phosphate rock, pumice, other volcanic materials, and salt.
The economy of Ivory Coast is stable and currently growing, in the aftermath of political instability in recent decades. The Ivory Coast's economy is largely market-based and depends heavily on the agricultural sector. Almost 70% of the Ivorian people are engaged in some form of agricultural activity. The economy grew 82% in the 1960s, reaching a peak growth of 360% in the 1970s, but this proved unsustainable and it shrank by 28% in the 1980s and a further 22% in the 1990s. This decline, coupled with high population growth, resulted in a steady fall in living standards. The gross national product per capita, now rising again, was about US$727 in 1996. It was substantially higher two decades before. Real GDP growth is expected to average 6.5% in 2024–25.
Tajikistan has rich deposits of gold, silver, and antimony. The largest silver deposits are in Sughd Province, where Tajikistan's largest gold mining operation is also located. Russia's Norilsk nickel company has explored a large new silver deposit at Bolshoy Kanimansur. More than 400 mineral deposits of some 70 different minerals have been discovered in Tajikistan, including strontium, tungsten, molybdenum, bismuth, salt, lead, zinc, fluorspar, and mercury. These minerals have been found suitable for mining. Uranium, an important mineral in the Soviet era, remains in some quantity but is no longer being extracted. The Tajikistan Aluminium Company (TALCO), an aluminium smelter, is the country's only large-scale production enterprise in the mining sector. Tajikistan hosts the annual Mining World Tajikistan, an international exhibition on mining in Dushanbe.
The Central African Republic's mineral resource endowment includes copper, diamond, gold, graphite, ilmenite, iron ore, kaolin, kyanite, lignite, limestone, manganese, monazite, quartz, rutile, salt, tin, and uranium. Of these commodities, only diamond and gold were produced in 2006 - subsistence farming was the mainstay of the economy.
Africa has a large quantity of natural resources, including diamonds, sugar, salt, gold, iron, cobalt, uranium, copper, bauxite, silver, petroleum, natural gas and cocoa beans, but also tropical timber and tropical fruit.
Mauritania's mineral sector was dominated by iron ore mining and beneficiation. Other mineral commodities produced in the country included cement, copper, gold, gypsum, petroleum, salt, and steel. The 'Ministère des Mines et de l’Industrie' was the Government agency responsible for enacting the Mining Code and for the coordination of all activities in the mining sector. The 'Direction des Mines et de la Géologie' was the entity responsible for promoting the mineral sector and for providing geologic and mining information to potential investors; the 'Direction des Hydrocarbures' was in charge of the development of the petroleum sector; and the 'Office Mauritanien des Recherches Géologiques' was the Government entity responsible for evaluating areas of mineral potential for exploration. The 'Société Nationale Industrielle et Minière (SNIM)' was responsible for iron ore production and benefciation.
Natural resources are abundant in Kosovo. Kosovo is mainly rich in lignite and mineral resources such as: coal, zinc, lead, silver and chromium, but also with productive agricultural land. Kosovo is also rich in forests, rivers, mountains and soil; Kosovo is especially rich in coal, being aligned among European countries as the third with the largest coal reserves. Kosovo possesses around 14,700 billion tons of lignite in reserves, which aligns Kosovo as the country with the fifth largest lignite reserves in the world.
Mining in North Korea is important to the country's economy. North Korea is naturally abundant in metals such as magnesite, zinc, tungsten, and iron; with magnesite resources of 6 billion tonnes, particularly in the North and South Hamgyong Provinces, as well as the Chagang Province. However, often these cannot be mined due to the acute shortage of electricity in the country, as well as the lack of proper tools to mine these materials and an antiquated industrial base. Coal, iron ore, limestone, and magnesite deposits are larger than other mineral commodities. Mining joint ventures have occurred with other countries include China, Canada, Egypt, and South Korea.
The mining industry of Guinea was developed during colonial rule. The minerals extracted consisted of iron, gold, diamond, and bauxite. Guinea ranks first in the world in bauxite reserves and 6th in the extraction of high-grade bauxite, the aluminium ore. The mining industry and exports of mining products accounted for 17% of Guinea's gross domestic product (GDP) in 2010. Mining accounts for over 50% of its exports. The country accounts for 94% of Africa's mining production of bauxite. The large mineral reserve, which has mostly remained untapped, is of immense interest for international firms.
The mining industry of Liberia has witnessed a revival after the civil war which ended in 2003. Gold, diamonds, and iron ore form the core minerals of the mining sector with a new Mineral Development Policy and Mining Code being put in place to attract foreign investments. In 2013, the mineral sector accounted for 11% of GDP in the country and the World Bank projected a further increase in the sector by 2017.
The mining industry of Morocco is important to the national economy. Morocco is the world's largest producer of phosphate, and contains about 75% of the world's estimated reserves. Mining contributed up to 35% of exports and 5% of GDP in 2011. Foreign investors have found the investment climate, the infrastructure, fiscal situation, and political stability very favorable to continue business in the country in this sector.
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