Which African country has the most precious minerals?

South Africa is the African country with the most precious minerals, boasting an impressive $124.96 billion worth of mineral production in 2022. This is largely due to its rich reserves of gold, manganese, platinum, and other precious metals. In fact, South Africa holds over 90% of the world's platinum group metals (PGMs) reserves and is the world's largest producer of platinum and chromium.

Other top mineral-producing countries in Africa include:

- Nigeria: Known for its oil, iron ore, and columbite reserves, with a mineral production value of $52.69 billion.

- Algeria: Rich in hydrocarbons, with a mineral production value of $38.70 billion.

- Angola: A significant producer of diamonds, gold, and oil, with a mineral production value of $32.04 billion.

- Democratic Republic of Congo: Home to vast reserves of cobalt, copper, and diamonds, producing around 70% of the world's cobalt.

These countries are driving economic growth and highlighting Africa's potential as a major global resource provider.

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