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The mining industry of Madagascar is mostly on a small scale, centred mainly around remote locations with large mineral deposits. [1] Mining potential is noted in industrial and metallic minerals, energy, precious and semi-precious stones, as well as ornamental stone. [2] The mining sector was neglected by the government for decades prior to ...
Ambatovy accounts for 32% of Madagascar’s foreign exchange earnings. [9] In 2022 the company paid 44 million US$ (198 Billion ariary) in mining taxes & fees to the Malagasy government. Furthermore US$340 million were spent with local purchases. [10] 40,000 tonnes of nickel and 3600 tons of cobalt were produced during the same year.
The Molo mine is one of the largest graphite mines in Madagascar. [1] The mine is located in Atsimo-Andrefana, near the town of Fotadrevo. [1] The deposit was discovered in 2011, following explorations of the nearby Green Giant mine. [2] The mine has reserves amounting to 120 million tonnes of ore grading 8% graphite metal. [1]
Mandena mine (also Mandena operation, Mandena concession, or the QMM mine) is an ilmenite mine operated by Rio Tinto subsidiary QIT Madagascar Minerals (QMM). It is located near Taolagnaro, Fort Dauphin , Anosy region, Madagascar .
The Ampasindava mine is the site for a possible rare earths mine in Madagascar. [1] The concession is located in the municipality of Mangaoka, Diana Region in northern Madagascar on the eastern side of the Ampasindava Peninsula. [1] The deposit has reserves amounting to 130 million tonnes of ore grading 0.08% RE. [1]
Red Island Minerals Ltd (RIM) is a Perth Western Australia-based coal development company operating in Madagascar.The company is wholly owned by PTT Asia Pacific Mining Pty Ltd, [1] a subsidiary of PTT Public Company Limited, a state-owned Thai company.
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The Green Giant mine [1] is one of the largest vanadium mines in Madagascar. [2] The mine is located in Betioky Sud in Atsimo-Atsinanana. [2] The mine has reserves amounting to 59.2 million tonnes of ore grading 0.68% vanadium. [2]