The Emergence of Eritrea as a Mining State: A Mixture of Rewards and Challenges
By Kalekristos Zerisenay
Nov 27, 2007, 5:00pm

For the last few years, several mining companies have been involved in mineral exploration in Eritrea. The companies proved the existence of huge mineral deposits especially around Bisha and Asmara. Indeed, the Bisha Gold Mine Project is heading towards production possibly in 2009.

The emergence of Eritrea as a mining state has both rewards and challenges. It has rewards in the sense that mining would enable us to lessen our dependence on remittances and agriculture for foreign exchange and create a more diversified economy. But this is not a phenomenon that we can take for granted. Unless handled wisely, and its contribution is kept balanced in comparison with other sectors in the national economy, mining could slow down our economy. In many cases Third World countries have developed a tendency towards almost total dependence on mineral exports, and this is an experience that we should not follow.

If mining projects are managed properly and resources are allocated fairly, there is no doubt that mining would impact Eritrean economy positively. Our country will earn hundreds of millions of dollars from exports and create employment opportunities. Equally important, the growth of this industry would enhance Eritrea’s political and diplomatic leverage in international relations. Yet, mineral exports, should by no means be substitutes for agriculture, manufacture and other sectors.

Despite its limited role in earning foreign exchange, agriculture continues to dominate Eritrea’s economy and the life of the majority of its population. As such, any attempt that undermines the importance of agriculture will only endanger the life of Eritreans and the country’s economy. This does not mean, however, that the proportion of the population that is involved in agriculture should continue to be as big as it is today. Rather, as minerals are finite resources, the transformation of farmers into mine workers would not guarantee sustainable development.

The challenges that come with mining are: environmental degradation, the tendency to heavily rely on mineral exports, and displacement of communities from their villages and farms.

Mining is environmentally unfriendly. After a large scale mining, landscape devastation is a typical occurrence that stays on for years. The land and rivers around and beyond the mining area get polluted due to acidic elements leaking from mining activities and the life of millions of people is endangered. In many developing countries, the companies that have enriched themselves through this destruction are not held accountable for mitigating it. To minimize this problem, the government of Eritrea needs to introduce strict laws that prohibit careless mining activity and should also require mining companies to pay the expenses for water treatment and other safety measures.

Another challenge, which is mostly self-created, is developing dependence on mineral exports and undermining the role of the other sectors in the economy. Studies show that some countries depend on mineral exports to earn foreign exchanges and leave other sectors weak. This tendency, which economists call “the Dutch Disease”, is the hardest to avoid.

Solving the problems of farming and herding communities that are displaced from their lands due to mining is also a social problem that requires solution. In many parts of Africa, the fate of these communities is often overlooked, as there is no preferential treatment that directly or indirectly compensates their loss of land.

Nevertheless, Eritrea can avoid the above-mentioned challenging problems. Being a new state with the opportunity to learn from the experience of mineral rich developing countries, and its commitment to achieve growth and development through hard work, the government of Eritrea should use the country’s mineral wealth to create another wealth through investment on human capital, agriculture, manufacture and services so that we can build strong, healthy and diversified economy and achieve sustainable development that guarantees the safety of communities and the environment.

Likewise, most Eritreans want to see their country exporting value added finished and semi-finished products rather than raw materials. Unless Eritrea succeeded to add values on its minerals, impacts of the mining sector in the economy will be minimal, as the price of raw materials in international markets is steadily decreasing and the mining sector is becoming more capital-intensive and no longer generator of jobs. Currently, mining employs only 0.09 percent of the global work force and this number is in rapid decline.



© Copyright 2001 - 2003 Shaebia.org

 

 

The content below this line is advertisement generated automatically and ertra.com doesn't control or endorse the content in anyway.