The State of Goa is endowed with Mineral Resources. Iron ore, Manganese ore, Bauxite are minerals of economic importance. Besides there are minor minerals like Basalt, Laterite stones and rubbles, River sand, Murrum etc., which are in great demand as construction material. This industry is labour intensive and provides work to large number of people.
Mining in Goa today is synonymous with iron ore mining. Iron ore mining in Goa is completely in the private sector. The Iron ore deposits are distributed over the Northern, Southern and Central Blocks of Goa. The Northern Block deposits are richer both in terms of quality and quantity of the ore, as compared to the Southern and Central Blocks
The Bauxite Mines are situated in South Goa over an area of 1263.678 HA. with estimated reserves of 70 million tons. These are metallurgical grade bauxite which can also be used for various applications such as cement, alumina chemicals, etc. The mines are situated also in the close proximity of two major ports, viz. Marmugoa Port and Betul Port.
It has the following Minor Minerals reserves Basalt,Laterite, River sand, Laterite-Rubble, Laterite-boulders, Pebble, Murrum and Lime Shell. The Major Minerals reserves are Bauxite, Iron ore, Manganese ore etc.