Q:

What are the natural resources of Colombia?

A:

Quick Answer

Colombia has major deposits of a number of metals and minerals, such as gold, silver, nickel, iron ore, platinum and emeralds. The country also has large oil, natural gas and coal deposits.

  Know More

Full Answer

Colombia is a longtime producer and exporter of oil and gas, and it is one of the most significant producers to not join OPEC. Oil production is largely controlled by the state-owned company Ecopetrol, but foreign companies have rights to some fields. Natural gas is produced for domestic use only.

Colombia also has the largest coal reserves of the Latin American countries. Most of the supply is high-quality bituminous coal. One of the largest open-pit coal mines in the world is located in Cerrejon.

Colombia is the world's largest individual producer of emeralds. Mining had previously only been done by the government, but as of 2014 has shifted to the hands of private companies.

Mining of nickel is conducted by the state-owned company Cerro Matoso, but other types of precious metals and iron are mined by private interests, and the use of mercury in their extraction methods has caused significant pollution problems.

The majority of the country's power generation is hydroelectric. Potential for further generation exists, but is problematic as the best locations have already been dammed.

Learn more about South America

Related Questions

  • Q:

    What are the natural resources of England?

    A:

    England's vast geological natural resources include coal, petroleum, natural gas, iron ore, lead, zinc, gold, tin, limestone, salt, clay, chalk, gypsum, potash, silica sand and slate. Agricultural resources in England include sheep, wheat, barley and arable land.

    Full Answer >
    Filed Under:
  • Q:

    What are Paraguay's natural resources?

    A:

    Paraguay's natural resources include timber, iron ore, manganese, limestone and fresh water. It may also have one of the largest titanium deposits in the world. Additionally, due to its abundant natural waterways, Paraguay is a significant producer of hydropower.

    Full Answer >
    Filed Under:
  • Q:

    What natural resources does Nigeria have?

    A:

    Nigeria's vast supply of natural resources includes gold, lead, zinc, limestone, oil, gas, salt, cassiterite, clay, dolomite, marble, tantalite, bentonite, gypsum, kaolin, magnesite, silica, iron ore, lignite, phosphate, columbite, wolfram, coal and manganese. Additional resources are diatomite, hydrocarbons, bitumen, feldspar, syenite, marcasite, amethyst, aquamarine, asbestos, graphite, mica, rock crystal, ruby, sapphire, serpentinite, tantalum, topaz, tourmaline, copper, pyrochlore, baryte and bismuth.

    Full Answer >
    Filed Under:
  • Q:

    What are Pakistan's natural resources?

    A:

    Pakistan's natural resources range from natural gas reserves, vast land, coal, petroleum, copper, salt and iron ore among others. It has the second largest salt mines in the world, as well as world’s fifth largest gold mines. It is one of the largest producers of wheat in the world and is the seventh country in the world with nuclear power.

    Full Answer >
    Filed Under:

Explore