Projects Iron Bekisopa A key factor to its rapid growth is the backdrop against which it has launched. Financial institutions and infrastructures are under pressure both
QIT Madagascar Minerals (QMM) owns and operates a mineral sands mining project near Fort Dauphin on the south eastern tip of Madagascar. QMM is 80% owned by Rio Tinto and 20% owned by the Government of Madagascar. QMM plans to extract ilmenite and zircon from heavy mineral sands over an
Africa Mining IQ currently has 43 Madagascar mining projects on its database. Minerals for mining in Madagascar include 16 Gold, 5 Copper, 4 Nickel, 4 Uranium, 3 Coal, 2 Ilmenite, 2 Iron Ore, 2 Vanadium, 1 Chrome, 1 Diamond, 1 Graphite and 1 Industrial.
Madagascar has significant potential for further exploration and exploitation in the mining sector from western investors. Currently, three large operations export nickel, cobalt, ilmenite and chromium, and a number of other deposits have been explored and could be developed. These include ilmenite, coal, graphite, and iron ore deposits, among many others.
Madagascar has vast reserves of precious metals like nickel, titanium, cobalt, iron, and nickel. The use of these metals range from steel, batteries, paints, and toothpaste. A major mining company in Madagascar, Rio Tinto, has begun mining illemite, a mineral that contains many of these precious metals. Metals are mined all in the eastern
Former President Andry Rajoelina, Office of National Mines and Strategic Industries (OMNIS) , Ministry of Planning and decentralization, Chief of Boeny Region, The National Environment Office (ONE) , Economic Development Board of Madagascar (EDBM), Malagasy Environment Ministry, Mines and Hydrocarbons Ministry, Malagasy Mining Cadastre
This article was first published on Gold Investing News on February 14, 2011. Madagascar is an up and coming mining country, considered one of the best gold exploration targets in Africa.
The mining industry of Madagascar is on a small scale, centred mainly around remote locations with large mineral deposits. Mining potential is noted in industrial and metallic minerals, energy, precious and semi precious stones, as well as ornamental stone. The mining sector was neglected by the government for decades prior to the mid 2000s.