Hi Taboon.
Rear Earths, Gold, Uranium for sure. Also Five different types of iron ore types in the main pit areas. Detrital iron ore at Metzimevin as well as High Grade DSO and Itabirite. Diamonds are also found in the Eastern and Southern region where SDL has its tenements.
I have this morning read a report, stating that bringing a prospect into production has been estimated at 1-5,000-10,000, furthermore, following a promising discovery, it can take 10 years to get to the production stage of staring a new mine.
There is also talk of developing at least one large hydropower project (Chollet Dam) in the Republic of Congo to provide electricity to the several iron ore mining projects in the border area between **on, Cameroon and The Republic of Congo. If it goes through, the deal would remove burden from host countries which generally do not have the financial capacity to cover large infrastructure investment. This would circumvent one of the major weaknesses of The Congo Basin countries for the development of mining operations.
Something else from the report for you. Volcanogenic sequences), especially iron province located on the border between Cameroon, **on and The Republic of Congo Mobile belts, where the earth's crust shrinks under the influence of compression forces, represent the great majority of existing mineralization in the region. A huge variety of mineral resources is associated with these geological entities, Copper, Cobalt, Manganese, Uranium, Gold, Plumb-Zinc and Diamonds.
Five mineral provinces stand out in the region, two in the Democratic Republic of Congo, one in Central-North Cameroon with Bauxite, the iron ore province on the border of Congo Republic, Cameroon and **on and the Nickel and Cobalt province of Cameroon.
Iron Ore can be found in large deposits in the frontier between Cameroon, **on and The Republic of Congo. Cameroon also has Cobalt and Nickel deposits in the South East.
The subregion of The Congo Basin is home to a vast wealth of diverse mineral resources. These resources are either valuable metals (Copper, Cobalt, Tin, Uranium, Iron, Titanium, Coltan, Niobium, Manganese, and Gold).
Most important resources, mineral wealth is associated with layers of Phosphate Chloride of iron and Gold deposits associated with green rock belts.
Just for your eyes only Taboon, seeing you asked.
Regards
Westcott.
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