MAURITANIDES 2012 - 2nd Mauritanian Mining & Oil and Gas Conference & Exhibition (MAURITANIDES 2012)
Venue: Palais des CongrÃ¨s
|Event Date/Time: Nov 08, 2012||End Date/Time: Nov 11, 2012|
|Abstract Submission Date: Sep 14, 2012|
|Paper Submission Date: Sep 14, 2012|
â€¢ The event will feature three days of plenary sessions, technical workshops, exhibitions, as well as visits to Mauritanian mining and petroleum sites. It will gather international investors, mining and petroleum experts, managers of financial institutions, Mauritanian decision makers, development partners and donors, as well as other key actors and partners in the mining and petroleum industries.
â€¢ MAURITANIDES 2012 will act as a platform to exchange experiences, debate and establish business partnerships and cooperation, which will lead to conclusions and recommendations for an improved development of the countryâ€™s sub-soil wealth and its sustainable development.
â€¢ MAURITANIDES is an established event inaugurated in 2010 by His Excellency Mr. Mohamed Ould Abdel Aziz, President, Islamic Republic of Mauritania. It featured more than 600 delegates and 50 exhibitors, emanating from over 30 countries including all of the major players in Mauritaniaâ€™s mining industry
â€¢ In his welcome speech, His Excellency Mr. Mohamed Ould Abdel Aziz, President, Islamic Republic of Mauritania remarked â€œthe constant influx into the country of mining investors was measured by the presence of them today in Nouakchott and demonstrates the actual intense activity in geological prospection which comprises of over 50 mining companies (of which are included large multinationals) who operating on 170 mining permitsâ€
â€¢New for 2012!: MAURITANIDES 2012 will include a promotion for Mauritaniaâ€™s hugely promising oil and gas sector
Mauritania: A rapidly developing mining and petroleum destination
â€¢ The mining sector, Mauritaniaâ€™s engine for economic growth: The mining sector with the extractive industries contributes 24% of total GDP (2010) and represents more than half of the countryâ€™s export income.
â€¢ Mauritania a global leader in iron ore production: Mauritania is the second largest exporter of iron ore in Africa, the SociÃ©tÃ© Nationale Industrielle et MiniÃ¨re de Mauritanie (SNIM) produces approximately 11 MT of iron ore per annum, with production targeted to expand to 18 MT in 2014 and 25 MT in 2018. The programme of modernisation pertaining to the Guelb II has already reached over 1 billion US dollars, this includes: the extension of the existing mine, the construction of an iron ore enrichment plant with a capacity of 4MTper annum, as well as the new mineral port in Nouadhibou, all of this will contribute to increasing and improving iron ore production and export. SNIM also achieved ISO 14001 certification in Spring 2011 for its environmental management system.
Mauritaniaâ€™s mining sector has benefited greatly from diversifying its mineral production. An iron ore producer for nearly half a century, Mauritania has seen over the last few years the development of new resources through exploration, exploitation and extractions of other minerals substances such: gold, diamonds, cobalt, phosphates, salt, gypsum, zinc, lead, copper and uranium. New mines have comes onto line including:
1.The Guelb Moghrein deposit produced almost 37,000 tonnes of copper in concentrate and 81,766 ounces of gold in 2010. Copper output is anticipated to rise to about 50,000 tonnes by 2012..
2.The Tasiast Gold Mine, is one of the largest mining projects in Africa, proven and probable mineral reserves are 7.6 million ounces, measured and indicated mineral resources are 9.1 million ounces, and inferred mineral resources are 4.6 million ounces. An investment of $3 billion US dollars is predicted over the next three years
3.The phosphate projects of Bofal and Loubeira are being developed. Initial production is predicted to be 1 million tonnes per annum and the company exploiting the resource are planning to build a plant for the treatment of phosphoric acid which should be operational by 2015.
4.New deposits of iron ore are showing excellent results notably Lebtheinia with a deposit approximately of 2,742 Mt and also the promising iron ore projects at Tamagot, Legleitat, Tiferchai and Kaouat.
5.The results of drilling for uranium at Bir En Nar are also very encouraging
6.The production of high quality quartz (Oum Agneina Nouadhibou), with approximately 300â€‰000 tonnes per annum is set to start production from now until 2014.
Mauritaniaâ€™s oil and gas resources, huge potential and largely unexplored
â€¢ The Chinguetti oil field, lying at a depth of 800 metres, was discovered in 2001. According to Chinguetti's operator, production is estimated at 8,000 barrels of oil a day.
â€¢ The Banda Field is estimated to contain approximately 1.2 tcf of natural gas with an oil deposit.
â€¢ The Tiof field is estimated to hold 120 million barrels of oil with associated gas. It was discovered in 2003.
â€¢ The Tevet Field is currently at evaluation stage. The gas deposit at Pelican in the Southern Part of Block 7 is also at evaluation stage. In 2010, from drilling â€œCormoranâ€ found evidence of the existence of gas outside previously defined limits.
â€¢ In the Onshore the drilling of â€œTanit-1â€ effected by TOTAL in 2010, showed extremely promising results and reflected the potential of the hydrocarbons in the Taoudenni Basin.
â€¢ There is without any doubt numerous discoveries to be made offshore Mauritania. The eight blocks covered by exploration, encompass the majority of the offshore zones of the country. There has been very little exploration so far in the onshore areas of Mauritania.