Thursday, 25 September 2014

Mineral in Africa


Africa has been a heaven for mineral explorers for centuries. Many have made great fortunes from the minerals and metals extracted from this region. Many did it through exploitation and some through legal and respectable means.
This article has some info on how much of the mineral produce is in volume and how much they contribute to the global production of such minerals and metals.

Diamond has the largest share which stands at a whopping forty six percent of total global produce! Main countries which are contributors in this share are Botswana, Congo and Angola. Next comes the king of all, gold. It almost 21 percent of the whole world production and the quality is one of the finest. Major producers are South Africa, Ghana and Tanzania. Many other countries have good production but for the sake of brevity, few are mentioned.

These are few of the commodities which have been mentioned. We will shed more light on other sources as well. Unfortunately because of massive corruptions and cartels, low tax is paid which has made the African governments not as prosperous as they could have been.

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