Afghanistan treasure. Another Iraq? Will China reap the benefits? while the US

rare2findd

New member
fights the war by herself? NY Times Jun 13, 2010
U.S. Identifies Vast Riches of Minerals in Afghanistan

WASHINGTON — The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself, according to senior American government officials.
The previously unknown deposits — including huge veins of iron, copper, cobalt, gold and critical industrial metals like lithium — are so big and include so many minerals that are essential to modern industry that Afghanistan could eventually be transformed into one of the most important mining centers in the world, the United States officials believe.
An internal Pentagon memo, for example, states that Afghanistan could become the “Saudi Arabia of lithium,” a key raw material in the manufacture of batteries for laptops and Blackberry's.
The value of the newly discovered mineral deposits dwarfs the size of Afghanistan’s existing war-bedraggled economy, which is based largely on opium production and narcotics trafficking as well as aid from the United States and other industrialized countries. Afghanistan’s gross domestic product is only about $12 billion.

“This will become the backbone of the Afghan economy,” said Jalil Jumriany, an adviser to the Afghan minister of mines.
So far, the biggest mineral deposits discovered are of iron and copper, and the quantities are large enough to make Afghanistan a major world producer of both, United States officials said. Other finds include large deposits of niobium, a soft metal used in producing superconducting steel, rare earth elements and large gold deposits in Pashtun areas of southern Afghanistan.
Just this month, American geologists working with the Pentagon team have been conducting ground surveys on dry salt lakes in western Afghanistan where they believe there are large deposits of lithium. Pentagon officials said that their initial analysis at one location in Ghazni Province showed the potential for lithium deposits as large of those of Bolivia, which now has the world’s largest known lithium reserves.
The Pentagon task force has already started trying to help the Afghans set up a system to deal with mineral development. International accounting firms that have expertise in mining contracts have been hired to consult with the Afghan Ministry of Mines, and technical data is being prepared to turn over to multinational mining companies and other potential foreign investors. The Pentagon is helping Afghan officials arrange to start seeking bids on mineral rights by next fall, officials said.
For the geologists who are now scouring some of the most remote stretches of Afghanistan to complete the technical studies necessary before the international bidding process is begun, there is a growing sense that they are in the midst of one of the great discoveries of their careers.
“On the ground, it’s very, very, promising,” Mr. Medlin said. “Actually, it’s pretty amazing.”

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

oh well. Maybe IBM's troops to bring the troops home from Iraq will pan out, but it just may well be that the same troops will be re-deployed to Afghanistan.

The war will go on for a long long time.

But the Taliban will be waiting.

(cont'nued)

Instead of bringing peace, the newfound mineral wealth could lead the Taliban to battle even more fiercely to regain control of the country.
The corruption that is already rampant in the Karzai government could also be amplified by the new wealth, particularly if a handful of well-connected oligarchs, some with personal ties to the president, gain control of the resources. Just last year, Afghanistan’s minister of mines was accused by American officials of accepting a $30 million bribe to award China the rights to develop its copper mine. The minister has since been replaced.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
 
people still believe in the government?!! those faces you see on tv are puppets to back room deals trickled down from power blood lines that are not interested in making your life better. Its about stripping us of our freedoms so they can be less paranoid about losing power. They have been saying things are going to change for the better for 10 years and they have only gotten worse and fast! It doesn't take a genius to understand that only a world war or super natural disaster to restart all economy can fix the worldwide financial crisis. There's only so many ways to risk improving YOUR quality of life. Forget about all those numbers and faces you see on tv, only YOU can make YOU happy, not some power tripper that wants you to be overworked and underpaid with less freedoms than ever so they can indulge on getting richer while the poor get poorer.
 
Back
Top