Accumulating vast amounts of gold was a characteristic of several historical leaders throughout different periods and regions. While it is impossible to determine the exact amounts of gold they amassed with any true accuracy, here are a few notable historical figures known for their accumulation of wealth, including gold: 1. King Croesus of Lydia […]
Tag: Africa
Ethiopia Holds Exceptionally Rich Gold Reserves
As the legends go, Ethiopia was the origin of the gold treasures of the legendary Queen of Sheba. Ancient Ethiopia or Abyssinia exported gold to Egyptian empires, and today its gold goes to the biggest gold markets in the world. There’s no question that Ethiopia has been the source of gold and precious metals for […]
A Historical Look at Gold Mining in Tanzania
From the pre-colonial era until today, gold mining has been a vital industry for Tanzania. It has a major influence on its cultural and economic environment. Today Tanzania is producing 45 tons of gold per year on average. It’s Africa’s 8th largest gold producer, and its mining industry contributes to more than 50% of its […]
Gold in Mali | One of Africa’s Most Mineral Richest Countries
The attention of gold miners is turning towards Mali. This African country is fast becoming one of the major gold producers in the world. It’s already the third-largest gold producer in Africa, only preceded by Ghana and South Africa. In the past decade or so, Mali has increased gold production. New gold discoveries, extraction, and […]
Gold Mining in Uganda
Countries across the globe have benefitted from this wide spread of mineral resources, often in places that have very limited diversity from an economic standpoint. Mining can be an option for people who don’t have a lot of options. One such place is Uganda. This country is blessed with the gold deposits, whose availability has […]
Guinea Gold Mining – Rich Potential in this West African Country
Tucked away to the west of the African continent is Guinea. Previously known as French Guinea, the coastal country primarily has an agriculture-based economy. However, mining forms a considerable part of the overall economy as well. The country is rich in mineral reserves. It is currently the second largest producer of Bauxite and has vast […]
Mining Sudan – Some of the Richest Gold Reserves Remain Intact
Not only is Africa the cradle of humankind, it is also one of the most resource-rich continents on our planet. Taking pride of place as the largest African country in terms of geographical area is the Sudan, located right at the crossroads between the Middle East and the Horn of Africa. Its large landmass spans […]
The Spectacularly Rich Gold Deposits of Ghana
For some time, Ghana has been considered to be one of the world’s most plentiful regions for gold discovery. Located in West Africa, Ghana is the second largest gold producer on the African continent, and only South Africa stands ahead of them when it comes to gold production. Ghana actually has a lengthy history in […]
Alluvial and Hard Rock Gold Mining in Madagascar
Madagascar is just one of many countries around the world where men and women are making a living by sifting gold from gravels. In a county with severe poverty, gold provides opportunity and hope for many who have limited resources to make money any other way. Gold is one of several natural resources that have […]
9 African Countries with the Richest Gold Mines
Having a rich natural resource such as gold can truly change the livelihood of people. Africa has not been an exception. A number of countries have this precious resource. Some countries have been mining gold for centuries, while others are just beginning to mine for this precious metal. For this writing, we will the major […]