Title: Djibouti: Mining, Minerals and Fuel Resources
Headings: Djibouti: Mining, Minerals and Fuel Resources
Djibouti: Mining, Minerals and Fuel Resources
Topics Covered
Welcome to Djibouti
Overview of Resources
Industrial Minerals
Metals
Investment
Sources
G.P. Thomas
Citations
Tell Us What You Think

Content: Stratex International plc in collaboration with Thani Ashanti Alliance Ltd. decided to carry out gold exploration activities at the Afar project in Djibouti and eastern Ethiopia in 2010. Six exploration licenses were owned by Stratex as part of the Afar project. The map of Djibouti. Image Credit: CIA Factbook
Investment
An American salt miner intending to carry out a $70 million worth salt mining project in Djibouti claimed that the country is abundantly rich in salt as it has 50 square miles of salt which is a boon to Djibouti’s mining industry. According to experts, Djibouti is a small country with big dreams that have bright prospects in the coming years. In 2008, the country was filled with foreign investments that included gold miners from India, French bankers and Saudi Arabia oil engineers. Djibouti’s port has also attracted huge investments from Dubai. Recent mining reports talk about the mining activities carried out by an international coalition of sailors and divers for a period of 12 days. These mining activities demonstrate the usage of magnetized cables, underwater drones, sonar and helicopter-towed acoustic devices to foresee Iran’s interference in oil exports.