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2021
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Which of the five largest mining countries in Africa has more resources?
As we all know, Africa is a rich land of mineral resources. Its mineral reserves account for 2/3 of the world's total. It has more than half of the global reserves of gold, platinum, palladium, cobalt, diamonds, as well as a large amount of uranium, manganese and chromium, while oil accounts for 12% of the world's total. It can be said that Africa may be the last virgin land where global resources have not yet been carved up. At present, all major countries are stepping up their deployment.
As we all know, Africa is a rich land of mineral resources. Its mineral reserves account for 2/3 of the world's total. It has more than half of the global reserves of gold, platinum, palladium, cobalt, diamonds, as well as a large amount of uranium, manganese and chromium, while oil accounts for 12% of the world's total. It can be said that Africa may be the last virgin land where global resources have not yet been carved up. At present, all major countries are stepping up their deployment.

Africa is very rich in mineral resources and has good investment prospects in the long run. Its total value of resources accounts for 23% of the world's total, but its output value only accounts for 9% of the world's total. Therefore, Africa is the most potential region for the development of mineral resources in the world. Moreover, some minerals in Africa are extremely dominant in the world, of which platinum group accounts for 91% of global reserves, uranium accounts for 72%, diamond (diamond) accounts for 47%, and gold accounts for 18%. The largest destination of China's overseas mining investment is Africa. China's investment projects in Africa mainly include copper, aluminum, diamonds, gold, uranium, etc.
1) Congo (Kinshasa)
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Among the Chinese mining companies in the Congo (DRC), Zijin Mining has gained a lot, especially the Kamoa-Kakula copper mine, which has laid a solid resource foundation for Zijin Mining to become a global copper giant; -
In May 2016, Luoyang Molybdenum acquired a 56% stake in the Tenke copper and cobalt project in Congo (DRC) at a cost of US $2.65 billion and Freeport-McMoRan from Freeport Macmillan), thus becoming one of the world's most important copper producers and the world's second largest cobalt supplier. -
china nonferrous metals group has invested in the dizwa copper-cobalt mine project in the congo (kinshasa); -
In 2003, Huayou Cobalt built 37000 tons of pyrometallurgical copper smelting in Congo (DRC). Since 2006, Huayou Cobalt has set up raw material procurement outlets in DRC and acquired a number of cobalt and copper mining rights in 2008; -
Huagang Company has invested in copper and cobalt mines in Keluwezi City, Katanga Province, Congo. The ore type is mainly oxide ore, which is a world-class large copper and cobalt mine. -
Congo Met, a subsidiary of Cold Cobalt, purchases copper and cobalt ore from Congo Gold on a leased mine. -
Pengxin Resources acquired the Congo (DRC) HITUROU copper mine project in 2009 and established Congo (DRC) HITUROU Mining Co., Ltd. (ShituruMining Corporation, referred to as SMCO). The main business is to operate the exploration, development and development operations of copper and other minerals and copper smelting in the 4725 plot of the Hitulu deposit in Congo (DRC). -
COMIKA MINING SAS, a company invested by Wanbao Minerals in Congo, started construction of the Kamoya Copper-Cobalt Project in May 2015. The products of the project are copper sulfide cobalt concentrate and copper oxide cobalt concentrate.
Guinea is rich in natural resources and is known as a "geological miracle. Aluminum, iron ore reserves, high taste, including aluminum proven reserves ranked first in the world. In addition, there are diamonds, gold, copper, uranium, cobalt, lead, zinc and so on. In February 2020, the Ministry of Geology and Mines of Guinea and the National Bureau of Statistics jointly released the 2018 Guinea Mining Statistics Report. According to the report, Guinea's proven mineral reserves are as follows: 40 billion tons of bauxite, 19.9 billion tons of iron ore, 637 tons of gold, 40 million carats of diamonds, 185000 tons of nickel and 76000 tons of beryllium. Guinea also has abundant copper, cobalt, lead and zinc resources, but the actual reserves are not clear at present.
South Africa is rich in mineral resources and is one of the five largest mineral resource countries in the world. There are more than 70 kinds of minerals that have been proven and mined. The reserves of platinum group metals, fluorspar and chromium rank first in the world, gold, vanadium, manganese and zirconium rank second, titanium ranks fourth, phosphate ore, uranium, lead and antimony rank fifth, coal and zinc rank eighth, and copper ranks ninth. According to the statistics of South Africa's Ministry of Mines, the proven mineral reserves in 2011 were 6000 tons of gold (accounting for 11.8 of the world's total reserves, the same below), 63000 tons of platinum group metals (95.5), 0.15 billion tons of manganese (23.8), 3.64 million tons of vanadium (26%), 14 million tons of vermiculite, 3.1 billion tons of chromium (85%), 295000 tons of uranium (5.5), 30.156 billion tons of coal (3.5), titanium 71.3 million tons (10.3 per cent), zirconium 14 million tons (27 per cent), fluorspar 41 million tons (17.1 per cent), phosphate 1.5 billion tons (2.1 per cent), antimony 21000 tons (1.2 per cent), lead 300000 tons (2.1 per cent), zinc 14 million tons (3.3 per cent) and copper 11 million tons (1.6 per cent).
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