Gold washing at AnosivolaPlacer mining in Madagascar
The mining industry of Madagascar is mostly on a small scale, centred mainly around remote locations with large mineral deposits.[1] Mining potential is noted in industrial and metallic minerals, energy, precious and semi-precious stones, as well as ornamental stone.[2] The mining sector was neglected by the government for decades prior to the mid-2000s.[3] In 2013, the mining industry, a main source of foreign investment, was struggling due to "low metals prices and distrustful companies", attributed to a 2009 coup.[4]
^Europa Publications 2003, p. 638.
^"Mining: Madagascar, land of hidden treasures". Economic Development Board of Madagascar.
^International Monetary Fund 2007, p. 92.
^Iloniaina, Alain; Lough, Richard (2 December 2013). "Analysis: Madagascar faces struggle to restore mining industry". Reuters. Retrieved 24 May 2015.
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