Mineral Resources in South Africa

South Africa has a relatively high degree of economic openness and good infrastructure. The industrial system is the most complete in Africa, and its per capita living standard is among the best in Africa. South Africa is rich in mineral resources and is one of the five largest mineral countries in the world. Mining is the mainstay of the South African economy, and deep mining technology is among the highest in the world.

South Africa is famous for its rich mineral resources. There are more than 70 kinds of minerals with proven reserves and mining. The reserves of gold, platinum group metals, manganese, vanadium, chromium and aluminosilicate rank first in the world; among which gold reserves accounts for 60% of the world; Vermiculite, zirconium, titanium, fluorite ranks second in the world; Phosphate, ranks fourth; Uranium, lead ranks fifth; Coal, zinc ranks eighth; Iron ranks ninth; Copper ranks fourteenth; Diamond, asbestos, vanadium, mica are also extremely rich. The production of gold, diamonds, vanadium, manganese, chromium, antimony, uranium, asbestos are among the highest in the world. Rich resources, cheap labor, and advanced management make South Africa the most developed country in Africa today. Mining, manufacturing, construction and energy are the four major sectors of South Africa's industry. Exports of mineral products account for about 50% export revenue, about 12% of the country's labor force is engaged in mining. proven reserves: 36,000 tons of gold (40.1% of the world's total reserves, the same below), 70,000 tons of platinum group metals (87.7%), 4 billion tons of manganese (83%), 12 million tons of vanadium (32%), 80 million tons of vermiculite (40%), 5.5 billion tons of chromium (81%), 341,000 tons of uranium (7.2%), and 27.81 billion tons of coal (6.1%) ), iron ore 1.5 billion tons (0.9%), titanium 244 million tons (16.9%), zirconium 14 million tons (19.4%), fluorspar 80 million tons (16.7%), phosphate 2.5 billion tons (5.0%) , 200,000 tons (4.7%) lead, 3 million tons (2.0%), zinc 15 million tons (3.3%), and copper 13 million tons (1.4%).