North Korea could be sitting on trillions in untapped mineral resources

[dufus]

North Korea could be sitting on trillions in untapped mineral resources

North Korea is far richer in minerals than its southern counterpart

Mining currently only makes up 14 per cent of North Korea's economy – but the dictatorship may in fact be sitting on vast reserves of mineral wealth.

International sanctions imposed on the hermit kingdom in response to its nuclear tests should, in theory, be crippling its trade in minerals.

A March 2016 UN resolution banned the export of gold, vanadium, titanium, and rare earth metals from North Korea.

Another resolution in November capped production of coal and banned shipments of nickel, copper, zinc and silver.

But a UN report published at the start of the year found that North Korea was covertly exporting banned minerals and finding new ways to evade sanctions.

 

North Korea's economy is roughly forty times smaller than that of the South, according to estimates by The Economist published last year.

The North is however far richer in minerals. In 2014 it produced 3.4 million tonnes of iron-ore to the South’s 0.6 million.

And North Korea's mineral wealth was estimated at $10 trillion (£7.5 trillion) in 2012 by a South Korean research institute.

 

The mountainous country has sizeable deposits of more than 200 different underground minerals, according to a recent report by Lloyd Vasey, founder of the Center for Strategic and International Studies think tank.

These include coal, iron ore, magnesite, gold ore, zinc ore, copper ore, limestone, molybdenite, graphite and tungsten, all with potential for the development of large-scale mines.

The country's magnesite reserves are the second largest in the world after China, and its tungsten deposits the planet's sixth largest, according to the report.

South Korea’s state-run Korea Development Institute last September described mineral trade between North Korea and China as a “cash cow” for Pyongyang.

The institute said that mineral trade accounted for 54 per cent of the North’s total trade volume to China in the first half of 2016.

Its reserves have up until now remained underdeveloped, with the average operational rate of mine facilities below 30 percent.

This is in part due to antiquated infrastructure, with just 3 per cent of roads paved, and in part due to the fact that private mining remains illegal.

https://www.independent.co.uk/news/world/asia/north-korea-trillions-mineral-resources-nuclear-iron-ore-a7818651.html

https://www.cia.gov/library/publications/the-world-factbook/fields/2111.html

[dMog]

I would say no.....if this was true Kim would be dead and China would have been in there taking it all a long time ago

Not to meantion that the DMZ would not somehow magically make that trillions of ,$$_ sunenly stop and make it so that none of what this article is about not also be in South Korea

[pc71520]

Meanwhile...

 

[virge]

Time to bomb North Korea and take their toys away.

[truemate]

that joker Kim is mental disorder

[pc71520]

 

[dufus]

look  like enjoying gift

[Sylence]

On 7/6/2017 at 0:32 PM, virge said:

Time to bomb North Korea and take their toys away.

 

In your dreams body, when U.S tests ICBM nobody objects, yeah I'm talking about the terrorists who invented ISIS. 

now when North Korea tests ICBM to defend themselves, it's wrong? 

[steven36]

 

Quote

 

U.S. Shoots Down Target in THAAD Anti-Missile Test

 

                   

The simulation was the first of its kind to successfully hit an intermediate-range ballistic missile.

 

The U.S. military conducted a successful test of its Terminal High Altitude Area Defense (THAAD) missile system on Tuesday by shooting down a simulated intermediate-range ballistic missile over the Pacific Ocean. The test signals an improvement in the defense system, which before Tuesday had only intercepted shorter-range missiles. While the simulation was planned for months, it comes amid a growing international threat from North Korea, which tested its first intercontinental ballistic missile (ICBM) on July 4.

 

On Tuesday, the U.S. Missile Defense Agency released a statement claiming that the latest test “bolsters the country’s defensive capability against developing missile threats in North Korea and other countries around the globe.” North Korea is widely believed to be developing an ICBM capable of reaching the U.S. mainland. Experts say the nation’s latest tests puts Alaska within striking distance, but is not yet capable of reaching the lower 48 states.

 

Tuesday’s test was carried out in Kodiak, Alaska, and shot down a ballistic missile target from an aircraft flying north of Hawaii. The simulation adds to a perfect track record of THAAD missile launches since the U.S. resumed testing in 2005. Thus far, THAAD has proven more successful than the nation’s Ground-based Midcourse Defense (GMD) system, which is designed to target an ICBM. Even after a successful test launch in May, the GMD system has only achieved a 55 percent success rate. While the Pentagon previously reported that the system has a “limited capability to defend the U.S. homeland,” they have since claimed that the U.S. is capable of defending itself against a small number of ICBMs.

 

Unlike the GMD system, the THAAD system is designed to counter short, medium, and intermediate range missile threats. In June, the U.S. Missile Defense Agency announced plans to deliver an additional 52 THAAD interceptors to the U.S. Army between October 2017 and September 2018. The nation has also deployed the system in South Korea and Guam—areas that both contain U.S. military bases. The deployment of THAAD in South Korea has sparked criticism from nations like Russia and China, who accuse the U.S. of attempting to expand its military authority in Asia. North Korea has also called for an end to the program, which it considers a threat to regional stability.

 

In May, South Korea’s president, Moon Jae In, ordered an investigation into the nation’s THAAD system, placing the project on shaky ground. Moon has previously advocated for more diplomatic relations with North Korea that include increased dialogue. By July, however, Moon told former President Obama that North Korea was approaching its “last opportunity” to engage in peaceful negotiations. The day after North Korea launched an ICBM, the U.S. and South Korea responded with a joint missile drill.

 

Despite North Korea’s growing threat to international safety, Russia and China have continually advocated for a mutual exchange in which North Korea, South Korea, and the U.S. each agree to suspend their testing. Thus far, the U.S. has expressed little interest in this strategy, instead relying on China, North Korea’s only major ally, to convince the nation to renounce its nuclear and missile programs. While China has indicated a willingness to negotiate with North Korea, the nation has become increasingly frustrated by mounting pressure from the U.S. At a Tuesday news briefing, the nation’s foreign ministry spokesman, Shuang Geng, argued that “China is not to be blamed for the current escalation of tension, nor does China hold the key to resolve the issue.” Curbing the North Korean threat was impossible, he added, when “China is striving to put out the fire, while the others are fueling the flame.”

 

 

https://www.theatlantic.com/news/archive/2017/07/us-conducts-successful-thaad-missile-test/533310/

 

[Sylence]

 

 

THAAD comparing to S-300/S-400/Bavar 373 is weak. those systems are fire and forget, THAAD isn't and it's only anti-missile, not anti air defense which covers all aerial targets. those systems I mentioned are killers of F-22, F-35 and other modern murican UAVs,Fighters

[steven36]

Report: Iran accuses Russia of giving Israel codes for Syrian air defenses

http://www.jpost.com/Arab-Israeli-Conflict/Report-Iran-accuses-Russia-of-giving-Israel-codes-for-Syrian-air-defenses-484777

 

[Sylence]

18 hours ago, steven36 said:

Report: Iran accuses Russia of giving Israel codes for Syrian air defenses

http://www.jpost.com/Arab-Israeli-Conflict/Report-Iran-accuses-Russia-of-giving-Israel-codes-for-Syrian-air-defenses-484777

 

 

lol ive seen that fake news months ago. you're just an old try hard searching on the net trying to find something to post here lmao nice source btw, zionist terrorists

[steven36]

2 hours ago, saeed_dc said:

 

lol ive seen that fake news months ago. you're just an old try hard searching on the net trying to find something to post here lmao nice source btw, zionist terrorists

I t would be different if only they said it  but this was not the only site .. Al-Jarida said it too  this from another Iranian .

 

Quote

 

Kia Ahmad Marzbanzad, An Iranian

Answered 10w ago

Israel has carried out numerous air strikes inside Syria. Syria is using Russian S-300 air defense system, but may times, the system failed to work against Israeli aircrafts, something both Iran and Syria found suspicious. According to a local Kuwaiti newspaper, Al-Jarida, this is because Russia gave the IFF codes of the system to Israel, so the system identified Israeli aircrafts as friendly and didn’t shoot at them. According to the same source, Iran sent a team to Syria in order to change the IFF codes without Russia’s knowledge, the system finally worked and launched missiles at Israeli aircrafts.

 

https://www.quora.com/What-are-exactly-the-codes-that-Iran-accused-Russia-of-giving-to-Israel#!n=12

Thing  is if they shoot 8 missiles  chances  are one will  get by a 373  anyway ..Israel have been known too have nuclear bombs since the 1960s but they try hide the fact they do. Unlike North Korea and Iran  they dont brag about what they have too try too scare people ..  They dont talk about it much,, from what i seen of them they are all action and want listen too no one if they get angry. 

 

But in the end if you two countries  start Nuking each other  you all will die from the gases off the bombs if not a direct hit.. so no good will come out of it. Ether  a nation builds Nukes for a scare tactic, or they have a death wish against themselves and if you push the button and the world is going too rain hell fire down on you.

 

[Sylence]

31 minutes ago, steven36 said:

I t would be different if only they said it  but this was not the only site .. Al-Jarida said it too  this from another Iranian .

 

https://www.quora.com/What-are-exactly-the-codes-that-Iran-accused-Russia-of-giving-to-Israel#!n=12

Thing  is if they shoot 8 missiles  chances  are one will  get by a 373  anyway ..Israel have been known too have nuclear bombs since the 1960s but they try hide the fact they do. Unlike North Korea and Iran  they dont brag about what they have too try too scare people ..  They dont talk about it much,, from what i seen of them they are all action and want listen too no one if they get angry. 

 

But in the end if you two countries  start Nuking each other  you all will die from the gases off the bombs if not a direct hit.. so no good will come out of it. Ether  a nation builds Nukes for a scare tactic, or they have a death wish against themselves and if you push the button and the world is going too rain hell fire down on you.

 

 

no only me, on you and everybody you love too. all of us.

[steven36]

7 minutes ago, saeed_dc said:

 

no only me, on you and everybody you love too. all of us.

It's not in no super powers countries interest for countries too use Nukes so stop trying too make like it is. The world already seen what they can do and this why they was only used once and Harry S. Truman  signed a bill  saying USA military cant use them without a direct order from the President of the United States. If Truman would of  gave Douglas MacArthur the A Bombs he wanted he would of wiped out Korea in the 1st war. The same person who ordered the only nuke used in War ..Saved the rest of the world from them. 

[VIKTOR PAVEL]

i am not participate in debate - just precision:

 

http://www.jpost.com/Arab-Israeli-Conflict/Report-Iran-accuses-Russia-of-giving-Israel-codes-for-Syrian-air-defenses-484777

 

Iran not Arab - iranians is persians muslims but not Arab

some arab not muslim (like Copts) and some muslims not arab (like muslim russia/china/malaisya and sure for Iran..................................................................................)

 

[Sylence]

1 minute ago, steven36 said:

It's not in no super powers countries interest for countries too use Nukes so stop trying too make like it is. The world already seen what they can do and this why they was only used once and Harry S. Truman  signed a bill  saying USA military cant use them without a direct order from the President of the United States. If Truman would gave Douglas MacArthur the A Bombs he wanted he would wiped out Korea in the 1st war. The same person who ordered the only nuke used in War ..Saved the rest of the world from them. 

 

U.S is not the only country having nukes. if that clown in the white house do any mistake it will have consequences and he knows it very well. why do you think in the operation eagle claw the U.S president cancelled a second operation? 

 

about zionists. if they lunch any such missiles, their whole fake country will be flat to the ground level before that missile reaches its target.

[steven36]

13 minutes ago, saeed_dc said:

 

U.S is not the only country having nukes. if that clown in the white house do any mistake it will have consequences and he knows it very well. why do you think in the operation eagle claw the U.S president cancelled a second operation? 

 

about zionists. if they lunch any such missiles, their whole fake country will be flat to the ground level before that missile reaches its target.

No one said they was, this was before the rest of the of the world got them.. But you're missing the point  many countries have had them  for many years and never used them on each other and certain countries  keep running  there mouth about using them  to try scare the rest of the world. If you are going too do something do it dont threaten people with it.  That's not  a good war plain too to run you're mouth and let the rest of the world build defenses too blow you off the map and that's what's happening building bombs in countries have started back too a all time high. Before they was trying to cut back on building them. It's not good.  

[Sylence]

24 minutes ago, steven36 said:

No one said they was, this was before the rest of the of the world got them.. But you're missing the point  many countries have had them  for many years and never used them on each other and certain countries  keep running  there mouth about using them  to try scare the rest of the world. If you are going too do something do it dont threaten people with it.  That's not  a good war plain too to run you're mouth and let the rest of the world build defenses too blow you off the map and that's what's happening building bombs in countries have started back too a all time high. Before they was trying to cut back on building them. It's not good.  

 

yeah many countries like U.S and U.K boasting about them but they are fools thinking they are the only ones having them.

[steven36]

50 minutes ago, saeed_dc said:

 

yeah many countries like U.S and U.K boasting about them but they are fools thinking they are the only ones having them.

Not really that's all in you're mind and not a fact  if the USA thought this  they most likely would of used them again by now. The thing is countries can build nukes and not say a word and  other countries will know .. It's just like NK  every since after the War the USA has been watching them even some of my family was over there watching them for 2 years.  If you just want them for defense for peace you stay quiet and no one will bother you , but if you want too start  a war you threaten people with them.

 

You take India and Pakistan they have nukes pointing at each other and a war could break out anytime there is hardly anything in the News about it they live in fear of Nukes everyday but they dont be on the News threatening  each other with it.

 

 

I think a lot of times people gets the free press  and the internet mixed up with reality  and what the Government thinks and don't  think because even the American people don't  even know nothing unless the Government wants them too know and most of it is  classified and only they know.  And some sites are fake news sites , some are mixed  with some true stories and  fake news , also there are some news sites that are known too be factual .

 

The press is not the Government  there there job is to try too keep the Government in line by posting what they know . When they work for Governments  or have  a agenda and start posting fake crap they serve no real purpose but being a puppet for some country or some group of politicians , there nothing but entertainment for  people with the same agenda.

[Sylence]

10 hours ago, steven36 said:

Not really that's all in you're mind and not a fact  if the USA thought this  they most likely would of used them again by now. The thing is countries can build nukes and not say a word and  other countries will know .. It's just like NK  every since after the War the USA has been watching them even some of my family was over there watching them for 2 years.  If you just want them for defense for peace you stay quiet and no one will bother you , but if you want too start  a war you threaten people with them.

 

You take India and Pakistan they have nukes pointing at each other and a war could break out anytime there is hardly anything in the News about it they live in fear of Nukes everyday but they dont be on the News threatening  each other with it.

 

 

I think a lot of times people gets the free press  and the internet mixed up with reality  and what the Government thinks and don't  think because even the American people don't  even know nothing unless the Government wants them too know and most of it is  classified and only they know.  And some sites are fake news sites , some are mixed  with some true stories and  fake news , also there are some news sites that are known too be factual .

 

The press is not the Government  there there job is to try too keep the Government in line by posting what they know . When they work for Governments  or have  a agenda and start posting fake crap they serve no real purpose but being a puppet for some country or some group of politicians , there nothing but entertainment for  people with the same agenda.

 

nope you're wrong. that's all in your mind and wtf is that hokey game lol

[rasbridge]

Why have they not contracted with China to help them access those resources?