What are the mineral resources of the Congo?
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M$2 Answers
The Congo has many mineral resources, which include industrially important minerals, energy resources, and jewelry-related resources. The list includes: "cobalt, copper, niobium, tantalum, petroleum, industrial and gem diamonds, gold, sliver, zinc, manganese, tin, uranium, coal". It also has non-mineral natural resources in the form of hydro-power and timber.
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M$
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M$
I'd have appreciated the chance to respond to your add-on question before getting a 2-star rating, especially considering that your original question did not request this information.
At any rate, according to http://www.state.gov/r/pa/ei/bgn/2823.htm#econ :
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Minerals account for the vast majority of the D.R.C.’s exports and represent the single largest source for foreign direct investment (FDI). Copper, cobalt, gold, coltan, tin, and zinc are the big metals being mined and produced in the D.R.C. The D.R.C.'s main copper and cobalt interests are dominated by Gecamines, the state-owned mining giant. Gecamines production has been severely affected by corruption, civil unrest, world market trends, and failure to reinvest. The diamond sector currently accounts for about 10% of the D.R.C.'s export revenue. This is from sales of both gem and industrial-grade diamond sales that were around $875 million in 2008 and were projected to approach an estimated $1 billion in 2009. Production by the D.R.C. parastatal, MIBA, has significantly declined from past decades; operations stopped during 2009 due to technical and financial difficulties. MIBA is currently working to restructure its operations and administration. All diamond production in the D.R.C. is currently artisanal.
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From the above we can see that the overall export value in 2008 was about $8.75 billion. Since it states that "minerals account for the vast majority of the D.R.C.’s exports" one can assume that the value of mineral exports in 2008 was somewhere between $5 billion and $8 billion. Diamonds, at ~$1 billion (2009, estimated) are the largest source of mineral export dollars.
Will you provide a break down of dollars export per mineral to get an idea of scope?
Should I award a five star and assume you will answer the followup question? I know your good for an excellent answer. I didn't understand why you didn't answer the follow up question. I apologize.
Your going to receive an rare tip from me for the misunderstanding.
I hope you realize the tip is equivalent to 10 questions on my part.
The problem was that I did not receive any email notification of your comment/follow-up question due to a Mahalo technical issue for about a day. I don't think it would have been appropriate to award a 5 star in expectation of a later comment with extra information if you thought the original answer was not everything you expected in response to your initial question.
What I would suggest in the future in such a situation is one of two things. (1) If the answer fully responds to your initial question, by all means, award 5 stars, and ask a new separate question for any more information you want on the subject. You can then add a comment on the initial question to point me to the new question. The advantage is that then there is a chance for more Rev Share for both of us from having more Q&A threads, and I get more points and default tips from answering more questions. (2) If my original answer is in your mind insufficiently responsive to the initial question, simply hold off on awarding best answer, and through a comment ask for more information. This is what I do when I get answers I feel are incomplete. Truly, if my answer is not worthy of at least 4 stars, I don't think it should get a Best Answer without asking for more details to make it more complete. This is even if there are no other answers.