Geology of Mauritania ore. A Neoproterozoic carbonate unit, part of a synformal nappe overturned in the Paleozoic, now forms a major copper deposit 250 kilometers northeast of Nouakchott in the Mauritanides Belt. The one kilometer, 250 meter wide deposit spans the West and East Moghrein Guelb hills. Forty meters below the deposit is a secondary deposit of cuprite, azurite, malachite and tenorite, with an additional 2.25% copper, some gold and sulfide mineralization including cubanite, chalcopyrite, pyrrohitite and aresnopyrite. In the 2000s, mining at the site had mostly ceased except for gold mining in the tailings pile. Gypsum is extracted from the N'Drahamcha quarry,
Precious metal coinage. Other precious metals include the platinum group metals: ruthenium, rhodium, palladium, osmium, iridium, and platinum, of which platinum is the most widely traded. The demand for precious metals is driven not only by their practical use but also by their role as investments and a store of value. Historically, precious metals have commanded much higher prices than common industrial metals. A metal is deemed to be "precious" if it is rare. The discovery of new sources of ore or improvements in mining or refining processes may cause the value of a precious metal to diminish. The status of a