Madagascar has a lot of potential for investors interested in Mining in Madagascar. In fact, Madagascar is known for its production of good quality chemical and metallurgical grade chromite, high-grade crystalline flake graphite, mica and semi-precious stones.
The possibilities for mining in Madagascar are vast, as the country has the world's largest reserves of sapphires and is also the world's 10th largest producer of chromite. In addition, Madagascar has deposits containing gold, nickel, cobalt, heavy mineral sands, bauxite, coal and petroleum products.
To enable easy site navigation for its subscribers, Africa Mining IQ categorises its listed projects in terms of their lifecycle status, which comprises grassroots, pre-feasibility, feasibility, bankable, active, operational and dormant.
Africa Mining IQ’s most recent information on Mining in Madagascar shows developments in the country’s 98 km² Ambodilafa Project. It is located 160 km southwest of Madagascar’s capital Antananarivo, stretching 17 km in length and 5 km across the Vohipaha ultramafic complex. The extent of the mafic-ultramafic body ranges towards the north of the prospect, while most of the north western portion appears to be a well-developed lobe.
In 2009, results from 4 000 samples indicated coincident base metal anomalies with previously found ultramafic lithologies (pyroxenite and peridotite). The indicated base metal is primarily nickel, copper and chrome. There are prospective targets for nickel drilling towards the northwest area to a maximum depth of 500 m.
Madagascar’s National Office for the Environment has issued an Environmental Permit to drill at the Ambodilafa project. Progress on these developments, as well as key contact details, are regularly updated on the Africa Mining IQ intelligence portal. Companies subscribing to Africa Mining IQ’s e-mail alerts will be among the first to know about new developments concerning mining in Madagascar when they are announced.