BF2S Forums 1T$ of natural resources found in Afghanistan!

Cybargs wrote:

globefish23 wrote:

But yeah, global corporations are not known as Good Samaritans, and are generally more interested in their profit.

They're not here to run a charity. And I doubt any heavy mining in Afghanistan would happen any time soon... Expat engies don't exactly like getting shot at while working.

nlsme1 wrote:

mcminty wrote:

Cybargs wrote:

They're not here to run a charity. And I doubt any heavy mining in Afghanistan would happen any time soon... Expat engies don't exactly like getting shot at while working.

It's not even that. No mining company in its right mind would undertake that level of capital investment - in the mining sites themselves, but also rail, ports and processing facilities - when the country is an active warzone.

China seems to have no problem. http://www.mcclatchydc.com/2009/03/08/6 … could.html

mcminty wrote:

The thing about Chinese firms is that major ones, in industries related to national interest, are usually (at least partially) state owned. And, as the article says:

But it'll be some years before state-owned China Metallurgical Construction Corp

State owned firms don't have the burden of having to maximize shareholder wealth, thus they are free to pursue projects that wouldn't even be considered by more risk adverse firms. The Chinese government would be able to pump as much money into the project as they need..

JohnG@lt wrote:

-Sh1fty- wrote:

JohnG@lt wrote:

$1T ain't shit. If every single ounce of ore was extracted today, sold and the proceeds handed out evenly to all Afghani's... it would come out to a whopping $33,000 each.

$33,000 is a lot of money for them.

Cool, now divide it by 50, as that's how long it would take to strip the country.

burnzz wrote:

http://img69.imageshack.us/img69/6531/m … elarge.jpg

caption; "A bleak Ghazni Province seems to offer little, but a Pentagon study says it may have among the world’s largest deposits of lithium. "

http://www.nytimes.com/2010/06/14/world … terstitial

CameronPoe wrote:

Why were the US Geological Survey checking out Afghanistan?

-Sh1fty- wrote:

I think the country is more screwed than ever now.

mcminty wrote:

The thing about Chinese firms is that major ones, in industries related to national interest, are usually (at least partially) state owned. And, as the article says:

But it'll be some years before state-owned China Metallurgical Construction Corp

State owned firms don't have the burden of having to maximize shareholder wealth, thus they are free to pursue projects that wouldn't even be considered by more risk adverse firms. The Chinese government would be able to pump as much money into the project as they need..


Also, as I said about the infrastructure:

Moreover, China must deliver the infrastructure projects that helped it snag the deal over six rivals, including Phelps Dodge Corp., which was acquired by Phoenix-based Freeport-McMoRan Copper & Gold Inc. in 2007.

These include an onsite copper smelter, a $500 million generating station to power the project and augment Kabul's electricity supply, a coal mine to fuel the power station, a groundwater system, roads, new homes, hospitals and schools for mine workers and their families, and a railway line from the country's northern border with Uzbekistan to its southeastern border with Pakistan.

The world’s last standing superpower is focused on military security while it's biggest competitor concentrates on reaping the rewards of commerce.

U.S. troops set up bases last month along a dirt track that a Chinese contractor is paving to gain access to the Aynak copper reserves. Some of the US troops made camp outside a new modern compound constructed for the Chinese road crews who are about to return from their winter break. American military forces also have expanded their presence in neighboring Logar province, where the Aynak copper deposit is.

ATG wrote:

mcminty wrote:

The thing about Chinese firms is that major ones, in industries related to national interest, are usually (at least partially) state owned. And, as the article says:

But it'll be some years before state-owned China Metallurgical Construction Corp

State owned firms don't have the burden of having to maximize shareholder wealth, thus they are free to pursue projects that wouldn't even be considered by more risk adverse firms. The Chinese government would be able to pump as much money into the project as they need..


Also, as I said about the infrastructure:

Moreover, China must deliver the infrastructure projects that helped it snag the deal over six rivals, including Phelps Dodge Corp., which was acquired by Phoenix-based Freeport-McMoRan Copper & Gold Inc. in 2007.

These include an onsite copper smelter, a $500 million generating station to power the project and augment Kabul's electricity supply, a coal mine to fuel the power station, a groundwater system, roads, new homes, hospitals and schools for mine workers and their families, and a railway line from the country's northern border with Uzbekistan to its southeastern border with Pakistan.

The Chinese bid was ONE BILLION dollars more than the second bid.

The world’s last standing superpower is focused on military security while it's biggest competitor concentrates on reaping the rewards of commerce.

U.S. troops set up bases last month along a dirt track that a Chinese contractor is paving to gain access to the Aynak copper reserves. Some of the US troops made camp outside a new modern compound constructed for the Chinese road crews who are about to return from their winter break. American military forces also have expanded their presence in neighboring Logar province, where the Aynak copper deposit is.

Why the fuck are our troops providing security for Chinese miners?

Last edited by Mekstizzle (2010-06-15 06:11:53)