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The second-largest mineral industry in the world is the mineral industry of Africa, which implies large quantities of resources due to Africa being the second largest continent, with 30.37 million square kilometres of land.With a population of 1.4 billion living there, mineral exploration and production constitute significant parts of their economies for many African countries and remain keys ...
Despite declining production, South Africa's gold exports were valued at US$3.8 billion in 2005. [24] As of end-2018, South Africa had a potential 6000 tonnes of reserves. [25] In July 2018, the Mineral Council of South Africa announced that 75% of mines in South Africa were now unprofitable due to the declining gold reserves. [26]
Africa has 30% of the remaining mineral resources in the world. 57% of Africa's export earnings comes from hydrocarbons. From 1980 to 2012, proven oil reserves in Africa grew by 150%. [4] Ore resources in Africa are abundant [citation needed] while other continents are beginning to face depletion of resources.
The Pan-African Resource Reporting Code (PARC) is a standardized framework for public reporting of African mineral and energy resources. [1] Developed under the auspices of the African Minerals Development Centre (AMDC), PARC aims to enhance transparency, consistency, and competence in the certification and reporting processes within the African mining sector.
This list of mines in Africa is subsidiary to the list of mines article and lists working, defunct and future mines on the continent and is organised by the primary country location. For practical purposes stone, marble and other quarries may be included in this list.
African Rainbow Minerals Limited is a mining company based in South Africa. ARM has interests in a wide range of mines, including platinum and platinum group metals (PGMs), iron , coal , copper , and gold . [ 2 ]
Copper is one of the world's most important industrial minerals, and Africa is an important world producer. While output is traditionally dominated by Zambia, South Africa and Katanga Province in the south of the Democratic Republic of the Congo, many African nations contribute to copper production, and many African nations have undeveloped ore resources.
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