Current Plans And Activities By South Africa To Assess Marine Minerals Potential: An Update

- Organization:
- International Marine Minerals Society
- Pages:
- 2
- File Size:
- 75 KB
- Publication Date:
- Jan 1, 1986
Abstract
The Republic of South Africa ranks among the world leaders in both reserves and production of numerous land-based mineral commodities. Over the last three decades, however, South Africa has also identified several commodities that may exist in commercial quantities in the marine environment. The major targets include 1) placer diamonds; 2) titanium- and zirconium-rich beach sands; 3) sedimentary and concretionary phosphorite and glauconite deposits; 4) manganese nodules; and 5) hydrocarbons. South Africa ranks second in world reserves of diamonds and has potentially enormous sea resources. Diamonds are currently recovered on the Atlantic side from ancient beach gravels in the Northwest Cape Province and from the seabed south of the Orange River to Lamberts Bay. Approximately 100,000 carats (or just 1% of South Africa's total annual production) are produced each year from offshore operations. DeBeers is investing approximately $5 million per year on sea prospecting activities and currently operates three vessels in offshore recovery operations. Diamonds recovered at sea will remain a small percentage of total production because of huge land-based reserves that are mined at a fraction of the cost of seabed operations.
Citation
APA:
(1986) Current Plans And Activities By South Africa To Assess Marine Minerals Potential: An UpdateMLA: Current Plans And Activities By South Africa To Assess Marine Minerals Potential: An Update. International Marine Minerals Society, 1986.