Guinea. Economic analysis

Guinea is one of the countries possessing considerable mineral resources. Its depths hide sizeable deposits of iron and bauxite ores, gold and diamonds, as well as smaller layers of limestone, construction sand, shingle, gravel and fire clays. Also noticed were occurrences of chromites, rare earths, uranium, copper, silver, talc, manganese, beryllium, platinum, feldspar, nickel, graphite and kaolin. Oil is possible in the shelf region.

Below you will find brief information on mineral resources that are making up Guinea's real raw material base, as of January 1st, 2001.

¹	Mineral	Reserves			Recovery	Extraction, year 2000
		Unit of measure	Total	Known
1.	Diamonds	mln carats	40	1,2	0,2 carats/m3	0,45
2.	Gold	tons	190	100	primary deposits- 2,26 grams/ton; placers- 1,5 grams/m3	16
3.	Bauxites	mln tons	20900	7400	52%	0,550
4.	Iron ores	mln tons	4460	2100	57%	-
5.	Chrome ores	mln tons	1,5	-	22%	-
6.	Titanium-zirconium (ores summed)	thousand tons	78,9	52,5	-	no info
7.	Carbonate resources	mln tons	5,1	4,2	-	no info
8.	Fire clays	mln tons	69,4	-	-	no info
9.	Construction sand	mln m3	6,1	0,5	-	no info
10.	Shingle and gravel	thousand m3	-	230	-	no info

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