Africa - exporter of raw materials
Africa has many raw materials such as metals, minerals, gas, oil and agricultural products
(PresseBox) - The list of African raw materials is long. Whether diamonds, gold, platinum, uranium, chrome and manganese ore or even potash, many things can be found in Africa. Since the end of the 19th century, mining and agricultural production have been expanded in almost all regions of the continent. About one third of the world s mineral resources are found in Africa s soil. Yet there are still countries that have been little explored, such as Guinea in West Africa. This is where Golden Rim Resources advanced Kada gold project is located. It covers an area of around 200 square kilometers. The initial inferred mineral resource is 25.5 million tons grading 1.1 grams of gold per ton of rock, or 930,000 ounces of gold. Golden Rim Resources is pursuing another gold project in Burkino Faso, also in West Africa. The company also has two other projects in Chile (copper, silver, zinc and lead).
Another, but also very important raw material, potash, is found in Millennial Potash s Banio Potash project - https://www.commodity-tv.com/play/millennial-potash-new-company-with-potash-project-in-gabon-africa/ ?- in Gabon. Significant potash deposits have already been identified in the area, which covers more than 1,200 square kilometers. Gabon scores with a good infrastructure. Potash is a fertilizer in demand, because the growth of the world s population calls for high-quality food. And geopolitical risks, such as the current Russia-Ukraine war and the resulting sanctions, are jeopardizing the adequate supply of fertilizer. Demand for potash is therefore high and is driving up prices. Investors should therefore not lose sight of the potash market and Millennial Potash as well as gold companies that are active in Africa such as Golden Rim Resources - https://www.commodity-tv.com/play/golden-rim-resources-well-funded-for-exploration-in-2023-following-recent-financing/ .
Latest company information and press releases from Millennial Potash (https://www.resource-capital.ch/de/unternehmen/millennial-potash-corp/ )
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Datum: 21.02.2023 - 02:14 Uhr
Sprache: Deutsch
News-ID 677611
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