MINING, MINERALS & HYDROCARBONS
Visionaries and developers agree that the long-term outlook for the metals and mining sector investment remains strong. Part of this confidence stems from the lack of enthusiasm demonstrated by many public investors near the beginning of 2015; better buying opportunities tend to be found when prices are low.
Somalia was a producer of small quantities of gypsum, salt, and sepiolite (meerschaum). Recent discoveries and artisanal mining of gemstones included amethyst, aquamarine, emerald, garnet, opal, ruby, and sapphire. Hydrocarbons – A compound of hydrogen and carbon, such as any of those which are the chief components of petroleum and natural gas identified in this region.