Birthplace Of Bling: 10 Most Mineral-Rich African Countries
When it comes to the stuff bling is made of, Africa is enormously bountiful. Its mineral deposits make it one of the richest natural resource-laden places on Earth and everyone wants some. The following are the most mineral-rich countries in Africa.
Botswana – Diamonds
Botswana is home to 35 percent of Africa’s diamonds, and is the world’s top producer by value. Other minerals include copper, gold, nickel and soda ash.
Democratic Republic of Congo – Diamonds, Copper
DRC has an estimated $24 trillion in untapped raw mineral ore, plus it’s one of the top diamond producers (34 percent) and copper (13 percent) in Africa.
South Africa – Diamonds, Gold, Aluminum, Copper, Platinum, Coal
South Africa became the largest economy on the continent thanks to diamonds and gold, but discovery of many other minerals allowed it to diversify. SA is the world’s No. 1 producer of chrome, manganese, platinum, vanadium, and vermiculite, and the second-largest producer of ilmenite, palladium, rutile, and zirconium.
Tanzania – Gold
Though it is the fourth-largest gold producer in Africa, Tanzania earns just under 3% of GDP from mining. It also has iron ore, nickel, copper, cobalt, silver, and diamond.
Namibia – Uranium
Home to 46% of Africa’s uranium, Namibia earns a quarter of its revenue from it. Naturally radioactive, uranium is used to generate electricity in nuclear power plants.
Mozambique – Aluminum
Mozambique is a major aluminum producer with 32 percent of Africa’s supply. Mining is expected to expand by more than 10% as coal and gas become more accessible.
Zambia – Copper
Zambia has up to 77% of Africa’s copper supply, creating jobs for its citizens while contributing to the GDP.
Guinea – Bauxite (for aluminum)
Guinea is responsible for more than 95% of Africa’s bauxite production. Ghana has the rest. An aluminum ore, bauxite is crucial for aluminum production.
Niger – Uranium
With 44% of Africa’s uranium supply, Niger is one of the top African producers. Minerals account for 40% of Niger’s exports, including cement, coal, goal, gypsum, limestone, salt, silver, and tin.
Ghana – Gold
Ghana is Africa’s No. 2 gold producer after South Africa, with 15% of the supply. Minerals are 37% of Ghana’s exports, and gold contributes more than 90% of that. Ghana also has bauxite, manganese, and diamonds.
Sources: BusinessInsider.com.au, Telegraph.co.uk, MiningWeekly.com, TheEastAfrican.co.ke
This AFKInsider article was first published Aug 11, 2014.
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