Senegal, Mozambique, Niger and Botswana

Mining in Africa (04/14/2010)
“Some of the 'new' African mining countries want your attention.

In the next few weeks, you could go to Senegal, Mozambique, Niger and soon thereafter Botswana, countries that you probably don’t visit too often but definitely are worth looking at. Not only from a tourist point of view but certainly also because these countries are really making an effort to see their mineral resources developed by foreign companies and international investors who recognize the opportunities.

SENEGAL is a politically and socially stable country with a quite good economic climate. Since 2003, a modern mining legislation is in place with stimulative stipulations for foreign investment. The Birimian greenstone gold belt, which has made the bordering countries Mali and Guinea into the 'newer' gold countries, runs through Senegal but is underexplored there.

Although MOZAMBIQUE is not immediately known as a mining country, it is rich in mineral resources including gold, iron ores, bauxite, titanium, uranium, coal, industrial minerals and precious stones. In 2002, a new Mining Code was introduced to encourage national and foreign investment.

Over the last few years, NIGER has developed into a significant and the world's 4th largest producer of uranium. Niger also has gold.

I also mentioned BOTSWANA as one of the countries that would like to welcome you to a mining event. That will be in the last days of June. Mining always has been important in Botswana, in particular the diamonds sector, which now is still digesting the impact of the international crises. The worst however, is over and it is time to recuperate. In the meantime, other mining activities are developing well.”

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