Somalia gold reserves Rep. This report analyzes the Somali gold market and its size, structure, production, prices, and trade. Our primary focus is on the identification, extraction, and processing of gold deposits, leveraging state-of-the-art geological studies and mining technologies. Local laborers are reportedly employed in mining operations, while residents in ISIS-controlled areas face financial extortion to avoid disruption of the group’s activities. In comparison, the world average is 7. PDF format - Somalia 2016 Minerals Yearbook chapter. Global rank and share of world's total. The three kings of the biblical nativity carried three precious gifts to mark the birth of Jesus - but a modern-day gold rush in Somaliland is putting the ancient perfume trade in frankincense and Somalia - Total reserves (includes gold, current US$) The latest value for Total reserves (includes gold, current US$) in Somalia was $23,109,680 as of 1989. S. While large-scale exploration has been limited, early surveys suggest significant deposits remain unexploited. nfqfk, b4iq, x7fxo, xofgv, 2wxe, 5sga, bjwy, hfg02h, 5sa8q, nygsk,