Mineral industry of Africa 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 bauxite, cobalt, industrial diamond, phosphate rock, platinum-group metals (PGM), vermiculite, and zirconium. Gold mining is Africa's main mining resource. The Central African Mining and Exploration Company (CAMEC),
Frederick S. Pardee 2013, he received an honorary doctorate from the university. A year later, in 2014, he donated US$4 more million. Additionally, he has donated to the African Leadership Academy in Johannesburg, South Africa, where the Frederick S. Pardee Library for the Future of Africa was named in his honor in 2009. Frederick S. Pardee Frederick S. Pardee (born 1932) is an American economist, real estate investor and philanthropist from Los Angeles, California. An alumnus of Boston University, Fred Pardee has now become one of the largest donors to the University. He was a researcher at the RAND Corporation from 1957 to