Cape Verde, a small island nation off the coast of West Africa, is widely known for its pristine beaches, vibrant culture, and stunning landscapes. However, in recent years, this archipelago has started to emerge as a player in a different arena, notably, the mining industry. With the discovery of various mineral resources and an increasing interest from foreign investors, Cape Verde’s mining sector is slowly gaining momentum.
Opportunities in the Mining Sector
Although Cape Verde does not have a long history in mining like some of its neighbouring African countries, recent geological surveys have revealed the presence of several valuable minerals. These include basalt, limestone, and volcanic ash, which are crucial for construction and infrastructure development. With urbanisation growing both locally and in nearby countries, there is an increasing demand for these materials.
In addition to basic building materials, there is growing speculation about the potential presence of metals and rare minerals that are yet to be explored. International mining companies are showing interest in conducting further studies to determine the viability of these resources. If proven substantial, this could bring in considerable investment and economic growth for the nation.
This is a list of the mineral resources of Cape Verde:
- Salt.
- Basalt.
- Limestone.
- Kaolin.
- Gypsum.
- Clay.
To learn more about the mining industry of Cape Verde, read this article.
