(by MM Khumalo, Feb. 23, 2016) Swaziland’s natural resources include coal, asbestos, diamond and gold deposits, talc and quarry stones.
The Ministry of Natural Resources pegs Swaziland’s coal reserves at 159 million tons. Gold will be the second mineral to be legally excavated in the country.
A diamond mine in the Dvokolwako area of central Swaziland was closed in the 1990s. Subsequent talk of the mine’s reopening has not led to renewed diamond production.
Iron ore mining in Swaziland is of great significance as it led to the development of the country’s modern industrial phase that included the development of a rail and road infrastructure.
The country looks forward to the commissioning of the gold mine at Lufafa and the multiple benefits to accrue for the country, as mentioned by the His Majesty King Mswati III.
Lufafa has Swaziland’s richest gold deposits, estimated at 1 652 700 tons. The Ministry of Natural Resources estimates that nationwide Swaziland has gold deposits of 2 146 231 tons.
“The gold deposits of Swaziland occur in the Barberton Greenstone Belt; a region that lies on the north-western part of the country stretching from about Motshane to Horo. Interestingly, the gold occurrences are all found on the western side of the iron formations,” a natural resources report said on Swaziland’s mineral reserves.