1. OPPORTUNITIES IN JAMAICA’S MINING/MINERALS SECTOR
O. Rainford, Ph.D.,
Northern Caribbean University, Mandeville
January 15, 2019

2. CORE PRODUCTIVE SECTORS GLOBALLY
i. Agriculture
ii. Mining
iii. Manufacturing
iv. Services
January 15, 2019
O. Rainford, Ph.D., Northern Caribbean University, Mandeville

3. STRUCTURE OF JAMAICA’S MINING INDUSTRY
i. Bauxite and Alumina Sector
Foreign / GOJ dominated.
ii. Metallic Minerals
No active mines. Significant amount of foreign-directed exploration in progress – Au, Cu, Ag.
iii. Industrial Minerals
Non-fuel , non-metallic minerals. Primarily locally owned.
January 15, 2019
O. Rainford, Ph.D., Northern Caribbean University, Mandeville

4. MINERAL RESOURCES AND RESERVES
Bauxite
1.4 billion metric tonnes
(Reserve)
Clay
Over 160 million metric tonnes
(Estimated Reserve)
Gypsum (including 90%, 80%, 70% gypsum and anhydrite)
29.0 million metric tonnes
(Total Reserve)
Black Sand (including sand, iron and titanium oxide)
19.0 million metric tonnes
(Estimated Deposits)
Aggregate (skid-resistant)
2.5 Billion metric tonnes
(Known Reserve)
Alluvial sand and gravel
Over 95 million metric tonnes
Dimension Stone
Over 300 million metric tonnes
Limestone (calcareaous/dolomitic)
Over 2.7 billion metric tonnes
Limestone (whiting grade)
11.15 billion metric tonnes
Limestone (chemical, industrial, metallurgical grade)
57.5 billion metric tonnes
Silica Sand
30 million metric tonnes

5. O. Rainford, Ph.D., Northern Caribbean University, Mandeville
January 15, 2019
O. Rainford, Ph.D., Northern Caribbean University, Mandeville

6. O. Rainford, Ph.D., Northern Caribbean University, Mandeville
January 15, 2019
O. Rainford, Ph.D., Northern Caribbean University, Mandeville

7. O. Rainford, Ph.D., Northern Caribbean University, Mandeville
January 15, 2019
O. Rainford, Ph.D., Northern Caribbean University, Mandeville

8. O. Rainford, Ph.D., Northern Caribbean University, Mandeville
January 15, 2019
O. Rainford, Ph.D., Northern Caribbean University, Mandeville

9. CHARACTERISTICS OF JAMAICA’S MINING INDUSTRY
i. Capital intensive
ii. High financial risk
iii. Long lead time for returns on investment
iv. Heavily dependent on the performance of other sectors
v. Export dependent
vi. Location specific (mining)
vii. Very visible / Environmentally impacting
viii. Occupationally hazardous
January 15, 2019
O. Rainford, Ph.D., Northern Caribbean University, Mandeville

10. O. Rainford, Ph.D., Northern Caribbean University, Mandeville
January 15, 2019
O. Rainford, Ph.D., Northern Caribbean University, Mandeville

11. O. Rainford, Ph.D., Northern Caribbean University, Mandeville
January 15, 2019
O. Rainford, Ph.D., Northern Caribbean University, Mandeville

12. O. Rainford, Ph.D., Northern Caribbean University, Mandeville
January 15, 2019
O. Rainford, Ph.D., Northern Caribbean University, Mandeville

13. O. Rainford, Ph.D., Northern Caribbean University, Mandeville
January 15, 2019
O. Rainford, Ph.D., Northern Caribbean University, Mandeville

14. O. Rainford, Ph.D., Northern Caribbean University, Mandeville
January 15, 2019
O. Rainford, Ph.D., Northern Caribbean University, Mandeville

15. O. Rainford, Ph.D., Northern Caribbean University, Mandeville
OPPORTUNITIES
1. Mineral and Value-added Products Exportation
2. Mineral Exploration
3. Manufacturing of Value Added Products (Grout, Thin-set, Industrial Limes, Construction Blocks, etc.)
4. Quarrying (limestone, sand, SRA, clay, etc.)
5. Service provider (Haulage, Energy, Spares, etc.)
6. Financing
7. Analytical / Laboratory Services
Drilling and Blasting
9. Contract Mining / Land Rehabilitation
January 15, 2019
O. Rainford, Ph.D., Northern Caribbean University, Mandeville

16. O. Rainford, Ph.D., Northern Caribbean University, Mandeville
THE VALUE OF LIMESTONE
1. Widely used in various segments of industry. 2. Its value increases the more it is processed. i. Processed to 50 microns and finer it attracts prices above US$23/tonne. ii. Processed to 0.7 microns (pharmaceutical grade) it may attract prices over US$325/tonne. 3. Excellent qualities and huge quantities available.
January 15, 2019
O. Rainford, Ph.D., Northern Caribbean University, Mandeville

17. O. Rainford, Ph.D., Northern Caribbean University, Mandeville
THANK YOU.
January 15, 2019
O. Rainford, Ph.D., Northern Caribbean University, Mandeville