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Economy, Mining

Belinga, Moanda, Port-Gentil, metric tons, Oil refineries

Mining has developed rapidly since Gabonís independence in 1960. Annual production of extremely high-grade manganese ore, from Moanda in the southeast, was 804,000 metric tons in 2000. The rich deposits of iron ore located at Mekambo and Belinga in the northeast have reserves estimated at more than 500 million metric tons. Exploitation of the iron ore has been hampered by the lack of transportation facilities, particularly railroads. Uranium production annually totaled about 710 metric tons in the early 1990s. Petroleum is extracted along the coast and offshore. Petroleum production, which stood at 56.8 million barrels annually in the late 1980s, was declining due to depletion of reserves until a major new field was tapped. Production increased to 125 million barrels in 1999. Oil refineries are located at Port-Gentil and Pointe Clairette. Production of petroleum products is about 491,000 metric tons per year. Some gold also is mined.



Article key phrases:

Belinga, Moanda, Port-Gentil, metric tons, Oil refineries, railroads, barrels, Exploitation, Annual production, northeast, coast, Mining, gold, year

 
 

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