Mineral industry of Africa in 2005 from 16.1% in 2004. In 2005, the principal mineral targets in Africa were copper, diamond, gold, and platinum group metals (PGM). African countries that experienced the highest levels of exploration activity in 2005 were, in descending order based on the number of exploration sites as compiled by the USGS, South Africa, Burkina Faso, Ghana, and Zambia, but activity took place in a number of other countries. Gold accounted for approximately 51% of reported African exploration projects, diamond accounted for about 14%, copper and PGM each accounted for about 11%, and nickel accounted for 5%. Early stage projects accounted
Mineral industry of Africa to China, and 1% of African gas goes to Asia. North African preferentially exporting its oil to western countries was EU 64%; US 18%; all others 18%. Mineral industry of Africa The mineral industry of Africa is the largest mineral industries in the world. Africa is the second largest continent, with 30 million km² of land, which implies large quantities of resources. For many African countries, mineral exploration and production constitute significant parts of their economies and remain keys to economic growth. Africa is richly endowed with mineral reserves and ranks first or second in quantity of world reserves of