AFRICA: About 80 per cent of the world’s coltan is in - TopicsExpress



          

AFRICA: About 80 per cent of the world’s coltan is in Africa? The real dirt is not outside, but inside, in our hearts. We can wash all stains with water. The only one we can’t remove is the grudge and the bad intentions sticking to our hearts. AFRICA IS THE WORLD’S RICHEST AND THE MOST NATURAL- RESOURCES. Africa is actually one the wealthiest continents in the world in terms of natural resources. Africa has a large quantity of natural resources including oil, diamonds, gold, iron, cobalt, uranium, copper, bauxite, silver, petroleum and cocoa beans, but also woods and tropical fruits. Much of its natural resources are undiscovered or barely harnessed. Having a low human density, for a long period of time Africa has been colonized by more dynamic groups, exploiting African resources. despite these abundance of natural resources, many Western nations like the United States, Canada, France and the United Kingdom as well as emerging economic powerhouses like China often exploit Africas natural resources today, causing most of the value and money from the natural resources to go to the West and East Asia rather than Africa, further causing the poverty in Africa. African oil takes growing importance, mainly after the 2003 oil crisis and recent oil reserves discoveries. Sudan and Nigeria are two of the main oil producers. China owns 40% of Sudans oil production. Oil is provided by both continental and offshore productions. Sudans oil exports in 2010 are estimated by the United States Department of State at $9 billion with United States dollars. AFRICA: About 80 per cent of the world’s coltan is in Africa? On April 11, 2009, NDP MP Paul Dewar’s plane touched down in what is sometimes referred to as the rape capital of the world: The Democratic Republic of the Congo. He was there to talk about a mining industry that has helped finance a vicious war that has left some seven million people dead since 1998. The voracious international appetite is centered on an obscure mineral, coltan, which many Canadians have never heard of and yet would not be able to live without. Coltan has become one of the world’s most sought-after materials because it is used to create tantalum, a key ingredient in electronic circuitry. The global tantalum capacitor market is worth about $2-billion (U.S.) annually. You’ll find them in computers, cell phones, home appliances and myriad other electronic goods. About 80 per cent of the world’s coltan is in Africa, and the vast majority of that store resides in war-torn Eastern Congo. With an estimated $25-trillion in potential value, Congo is, in terms of untapped mineral wealth, perhaps the richest country on Earth. A recent report by the UN has claimed that all the parties involved in the local civil war have been involved in the mining and sale of Coltan. One report suggested that the neighboring Rwandan army made US$250 million from selling Coltan in less than 18 months. Let go of your worries and be completely clear-hearted, like the face of a mirror that contains no images. If you want a clear mirror, behold yourself and see the shameless truth, which the mirror reflects. If metal can be polished to a mirror-like finish, what polishing might the mirror of the heart require? Between the mirror and the heart is this single difference: the heart conceals secrets, while the mirror does not.
Posted on: Tue, 28 Oct 2014 03:51:13 +0000

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