The collapse of the central Government and the Somali Republic in 1991 led to ambiguity over mineral rights.[1] The governing authority of Somaliland, formerly part of the Republic, granted East African Mining Corp. Ltd. exclusive rights to explore all mineral deposits in Somaliland.[1] The company planned to start producing gemstones and marble in the Berbera area in mid-2006.[1]
In June 2006, Range Resources Ltd. of Australia announced that its agreement with the governing authority of Puntland (which is located in northern Somalia) that gave the company a majority interest in the rights to all mineral and mineral fuel exploration in Puntland was supported by the TFG.[1] The agreement was previously declared to be invalid on the grounds that only the national Government had the authority to negotiate mineral rights.[1] Range planned to farm out or form joint-venture agreements for some properties.[1]
As of 2006, mineral production and trade data continued to be unavailable because of the lack of a functioning central Government since 1991 and the conflict that pervaded most of the country.[1] The war forced the closure of Somalia’s cement plant and oil refinery.[1] The Indian Ocean tsunami of December 26, 2004, disrupted salt production in Hurdiye in late 2004 and early 2005; it is unclear to what extent output has recovered.[1]
Gemstone and salt producers appear to be artisanal and small-scale in nature.[1] The cement plant and refinery were operated by parastatal companies prior to their closure.[1]
mineral, industry, somalia, mineral, industry, somalia, produces, small, quantities, gemstones, salt, country, also, deposits, feldspar, gypsum, iron, copper, gold, kaolin, limestone, natural, quartz, silica, sand, tantalum, uranium, mineral, industry, makes, . The mineral industry of Somalia produces small quantities of gemstones and salt 1 The country also has deposits of feldspar gypsum iron ore copper gold kaolin limestone natural gas quartz silica sand tantalum tin and uranium 1 The mineral industry makes a small contribution to Somalia s exports and economy in general 1 The collapse of the central Government and the Somali Republic in 1991 led to ambiguity over mineral rights 1 The governing authority of Somaliland formerly part of the Republic granted East African Mining Corp Ltd exclusive rights to explore all mineral deposits in Somaliland 1 The company planned to start producing gemstones and marble in the Berbera area in mid 2006 1 In June 2006 Range Resources Ltd of Australia announced that its agreement with the governing authority of Puntland which is located in northern Somalia that gave the company a majority interest in the rights to all mineral and mineral fuel exploration in Puntland was supported by the TFG 1 The agreement was previously declared to be invalid on the grounds that only the national Government had the authority to negotiate mineral rights 1 Range planned to farm out or form joint venture agreements for some properties 1 As of 2006 mineral production and trade data continued to be unavailable because of the lack of a functioning central Government since 1991 and the conflict that pervaded most of the country 1 The war forced the closure of Somalia s cement plant and oil refinery 1 The Indian Ocean tsunami of December 26 2004 disrupted salt production in Hurdiye in late 2004 and early 2005 it is unclear to what extent output has recovered 1 Gemstone and salt producers appear to be artisanal and small scale in nature 1 The cement plant and refinery were operated by parastatal companies prior to their closure 1 References edit a b c d e f g h i j k l m n Thomas R Yager The Mineral Industry of Somalia 2006 Minerals Yearbook U S Geological Survey August 2007 This article incorporates text from this U S government source which is in the public domain See also editOil exploration in Puntland Retrieved from https en wikipedia org w index php title Mineral industry of Somalia amp oldid 1108904110, wikipedia, wiki, book, books, library,