Masthead graphic based on a painting by Gudrun Thriemer.

Friday, March 21, 2008

Tibet mineral deposits worth billions, OhMy News, February 26, 2007.

[This article from the South Korean exemplar of citizen journalism was published about a year ago. Many in BC and Ontario suspected secrecy when the Geological Survey conducted province-wide investigations into uranium in their back yards. Whatever the case, none of it is secret any more, and this article sheds uncommon light on events in Tibet this last week. -jlt]


But a new development presents both a much bigger opportunity and a much bigger danger to Tibet. The Chinese government has just announced the conclusion of a seven-year, US$44 million geological study on Tibet. The region, one of poorest in China, has nothing less than $128 billion dollars worth of minerals lying under its unexplored soil.

The mineral reserves include approximately 40 million tons of copper, 40 million tons of lead and zinc, and over a billion tons of iron ore. There's also a possibility of finding other kinds of minerals in the area. "We'll speed up the surveying process to more accurately locate these minerals," the geologist Zhang Hongtao, head of the 1,000-scientist team that conducted the works, said to the national newspaper China Daily. And as if that's not enough, there are still 2.6 million square kilometers to be explored.

Read the whole article=>

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