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Natural Resources of CUBA

Postby jackjack on Fri Sep 26, 2008 12:23 am

The most important Cuban mineral economic resource is nickel. Cuba has the second largest nickel reserves in the world after Russia.

Sherritt International, a Canadian energy company, operates a large nickel mining facility in Moa, Cuba. Another leading mineral resource is cobalt, a byproduct of nickel mining operations. Cuba ranks as the fifth largest producer of refined cobalt in the world.

Recent oil exploration has revealed that the North Cuba Basin could produce approximately 4.6 billion barrels (730,000,000 m3) to 9.3 billion barrels (1.48×109 m3) of oil. As of 2006, Cuba has now started to test-drill these locations for possible exploitation.


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Natural Resources of CUBA

Postby traveller_cu on Wed May 19, 2010 8:38 am

Also there are rumors that we have some oil in our seas ... they´re exploring it now .. lets wait for it
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