MINING Madagascarwants pieceof the pie

 

The Islandhas significant unexplored potential. Faced withaccelerated soil operation, the state tries toimplementa reformto derivegreater profits.

NEWS

February 4 th, 2015

Gold, ruby, sapphire andUranium;Madagascaris atreasure islandforminers.Yetlast year, then Minister of Mines saidMadagascar has a "sickindustry."The2008 financial crisis coupled with the political morassof2009-2014,slowedexplorationof the subsoiland caused the collapse of a number ofpermits issued.


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