{"id":543736,"date":"2010-04-26T14:35:00","date_gmt":"2010-04-26T18:35:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/15-resource-rich-countries-2010-4"},"modified":"2010-04-26T14:35:00","modified_gmt":"2010-04-26T18:35:00","slug":"forget-oil-15-countries-sitting-on-a-fortune-of-metals-and-minerals","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/543736","title":{"rendered":"Forget Oil: 15 Countries Sitting On A Fortune Of Metals And Minerals"},"content":{"rendered":"

\"south<\/p>\n

The most resource-rich country in the world is… probably Saudi Arabia.<\/p>\n

But oil isn’t the only valuable resource. A Citi report lists the richest countries in terms of metals and ore.<\/p>\n

Investors should look for countries where production is relatively low and the resource lifetime is long.<\/p>\n

Guinea — $222 billion in metal & ore reserves<\/h2>\n
\"Guinea<\/p>\n

Bauxite mine<\/p>\n<\/div>\n

Reserves composition (value):<\/strong><\/p>\n

100% Bauxite<\/p>\n

Years of production: <\/strong>444<\/p>\n

<\/p>\n

Indonesia — $227 billion in metal & ore reserves<\/h2>\n
\"Indonesia<\/p>\n

Port facilities at Indonesia’s Benete Bay copper mine <\/p>\n

Image: mining-technology.com<\/p>\n<\/div>\n

Reserves composition (value):<\/strong><\/p>\n

48% Copper
33% Gold
19% Nickel<\/p>\n

Years of production: <\/strong>27<\/p>\n

<\/p>\n

Mexico — $240 billion in metal & ore reserves<\/h2>\n
\"Mexico<\/p>\n

Mexico’s huge Cananea copper mine<\/p>\n<\/div>\n

Reserves composition (value):<\/strong><\/p>\n

56% Copper
15% Gold
10% Iron ore
10% Zinc<\/p>\n

Years of production:<\/strong> 62<\/p>\n

<\/p>\n

Kazakhstan — $292 billion in metal & ore reserves<\/h2>\n
\"Kazakhstan<\/p>\n

Kostanay region open-cast iron ore mine<\/p>\n<\/div>\n

Reserves composition (value):<\/strong><\/p>\n

64% Iron ore
22% Copper
10% Zinc
4% Bauxite<\/p>\n

Years of production: <\/strong>117<\/p>\n

<\/p>\n

India — $296 billion in metal & ore reserves<\/h2>\n
\"India<\/p>\n

Image: The Hindu<\/p>\n<\/div>\n

Reserves composition (value):<\/strong><\/p>\n

86% Iron ore
8% Bauxite
6% Zinc<\/p>\n

Years of production: <\/strong>164<\/p>\n

Photo: The Hindu<\/a><\/em><\/p>\n

<\/p>\n

Peru — $328 billion in metal & ore reserves<\/h2>\n
\"Peru<\/p>\n

Southern Peru Copper Corporation<\/p>\n<\/div>\n

Reserves composition (value):<\/strong><\/p>\n

68% Copper
11% Gold
10% Zinc<\/p>\n

Years of production: <\/strong>23<\/p>\n

<\/p>\n

Ukraine — $516 billion in metal & ore reserves<\/h2>\n
\"Ukraine<\/p>\n

Gleyevatskiy iron ore mine<\/p>\n<\/div>\n

Reserves composition (value):<\/strong><\/p>\n

99% Iron Ore
1% Potash<\/p>\n

Years of production:<\/strong> 161<\/p>\n

<\/p>\n

USA — $613 billion in metal & ore reserves<\/h2>\n
\"USA<\/p>\n

Bingham Canyon Open Pit Copper Mine in Utah<\/p>\n<\/div>\n

Reserves composition (value):<\/strong><\/p>\n

20% Copper
19% Iron Ore
12% Gold
5% Platinum (PGM)
4% Zinc
3% Potash<\/p>\n

Years of production:<\/strong> 44<\/p>\n

<\/p>\n

Chile — $661 billion in metal & ore reserves<\/h2>\n
\"Chile<\/p>\n

Chilean copper mine<\/p>\n

Image: duquesneminesupply.com<\/p>\n<\/div>\n

Reserves composition (value):<\/strong><\/p>\n

85% Copper
8% Gold<\/p>\n

Years of production: <\/strong>31<\/span><\/p>\n

<\/p>\n

China — $717 billion in metal & ore reserves<\/h2>\n
\"China<\/p>\n

Chinese execs of Australia’s Rio Tinto<\/p>\n<\/div>\n

Reserves composition (value):<\/strong><\/p>\n

57% Iron ore
15% Copper
8% Zinc
7% Gold<\/p>\n

Years of production: <\/strong>17<\/span><\/p>\n

<\/p>\n

Brazil — $726 billion in metal & ore reserves<\/h2>\n
\"Brazil<\/p>\n

Samarco Alegria Iron Ore Mine, Brazil<\/p>\n

Image: mining-technology.com<\/p>\n<\/div>\n

Reserves composition (value):<\/strong><\/p>\n

70% Iron ore
8% Bauxite
8% Nickel
7% Gold
7% Potash<\/p>\n

Years of production:<\/strong> 31 <\/span><\/p>\n

<\/p>\n

Canada — $1,000 billion in metal & ore reserves<\/h2>\n
\"Canada<\/p>\n

Potash feldspar in Canada<\/p>\n<\/div>\n

Reserves composition (value):<\/strong><\/p>\n

79% Potash
6% Iron ore
5% Nickel
3% Gold
3% Copper
1% Zinc
1% Platinum (PGM)<\/p>\n

Years of production:<\/strong> 56<\/p>\n

<\/p>\n

Australia — $1,588 billion in metal & ore reserves<\/h2>\n
\"Australia<\/p>\n

Western Australia iron ore mine<\/p>\n

Image: leighton.com.au<\/p>\n<\/div>\n

Reserves composition (value):<\/strong><\/p>\n

46% Iron ore
22% Nickel
12% Bauxite
9% Gold
5% Copper
1% Zinc<\/p>\n

Years of production:<\/strong> 43<\/p>\n

Photo: Leighton Holdings<\/a><\/em><\/p>\n

<\/p>\n

Russia — $1,636 billion in metal & ore reserves<\/h2>\n
\"Russia<\/p>\n

Image: France 24<\/p>\n<\/div>\n

Reserves composition (value):<\/strong><\/p>\n

49% Iron ore
20% Potash
14% Platinum (PGM)
8% Gold
5% Nickel
4% Copper<\/p>\n

Years of production: <\/strong>99<\/p>\n

Photo: France 24<\/a><\/em><\/p>\n

<\/p>\n

South Africa — $2,494 billion in metal & ore reserves<\/h2>\n
\"South<\/p>\n

Image: northam.co.za<\/p>\n<\/div>\n

Reserves composition (value):<\/strong><\/p>\n

91% Platinum (PGM)
6% Gold
2% Nickel
1% Iron ore<\/p>\n

Years of production: <\/strong>184<\/p>\n

<\/p>\n

Don’t miss…<\/h2>\n
\"Don't<\/div>\n

15 Drill-Crazy Countries That Are Running Out Of Oil ><\/a><\/h2>\n

Join the conversation about this story »<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The most resource-rich country in the world is… probably Saudi Arabia. But oil isn’t the only valuable resource. A Citi report lists the richest countries in terms of metals and ore. Investors should look for countries where production is relatively low and the resource lifetime is long. Guinea — $222 billion in metal & ore […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-543736","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/543736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=543736"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/543736\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=543736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=543736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=543736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}