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More than 350 occurrences were discovered throughout Gabon, mostly in Archean terrains. The mining of placers has been carried out from the 1930s to date mainly with artisanal methods. Primary gold- the main deposit is that of Bakoudou, located south-east of Gabon and exploited by Morocco’s Managem. Production started in 2012 with a first
Gabon was the richest of the former French Equatorial African colonies in known mineral deposits. In addition to oil, which accounted for 80% of the country's exports in 2004, Gabon is a world leader in manganese. Potash, uranium, niobium, iron ore, lead, zinc, diamonds, marble, and phosphate have also been discovered, and several deposits are being exploited commercially.
However, part of the gold prospected in Gabon is exported to France and the State would receive a stamping tax from local jewelers and fees related to the establishment of certificates of origin for quantities intended for export . In 2015, gold mining in Gabon generated 29.49 billion F CFA of turnover. Gabon produced 250 kg of gold in 2017.
Mining sector, strong growth potential. The mining sector in Gabon is mainly focused on the exploitation of manganese. It represents approximately 6% of the country’s GDP and exports. In addition to manganese and gold, iron ore, of which Gabon has abundant reserves, is one of the country’s strategic natural resources.
Nouvelle Gabon Mining (NGM) is a Gabonese company involved in the Manganese Ore mining. It operates a manganese deposit in the region of Franceville / Haut-Ogooué, Republic of Gabon. The company is owned by international investors and the Gabonese state.
Mar 24, 2015· Gabon Gold mining in Gabon is claiming its place in the sun, next to the oil and gas industry with the help of Gabon’s state-owned mining company Société Equatoriale des Mines (SEM), also known as Gabon Mining, who is in the process of developing four gold deposits in the country.The Camp 6 gold project located in the Bélinga area in north-east Gabon
Since July 2019, mining law in Gabon has been regulated by a 2019 Mining Code enacted by Law No. 37/2018, replacing the former 2015 Mining Code. This law provides for the legal, institutional, technical, economic, customs and tax regimes of the Gabonese mining sector. This 2019 Code is aimed at, notably:
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While oil has been the driving engine behind Gabon’s economy since independence, the country’s other underground resources have in many ways been equally prominent. The mining sector has traditionally been a major currency earner for Gabon. The country is the world’s fourth-largest producer of manganese, with reserves of 150m tonnes and production of 1.8m tonnes
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