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We have to look beyond the obvious , beyond the political figs and their internal and external warfare because the intent of the other countries is deeper than what illusionary maya they create politically. Russia America and China will play political games in the country and support the weaker of the leaders and make them fight to get what they want. If u see or read any world bank reports u will find that they support the most assinine of the leaders in all regions of the world and nearly always and give suggestions to ruin the country and wreck the economy and put it in deep debt so that other elites in the country follow these reports and help it go bust. Any leader standing their ground is victimized and nearly always eliminated or exterminated.
Lets take some facts :
What does venenzeula have that others want ? Venezeula is a major exporter of the following (info collected off the web and woven together)
- GOLD
Venenzeula possibly the planets second largest gold reserves. Exploitable from southeast total estimated to be abt 10000 TONS. In 2003 production totaled 20 million grams (or 20 tons), including 6 million grams attributed to unofficial mining activities, marking a sharp increase from 1999, when only 5.9 million grams were produced. In the Orinoco Arc and other areas Venezuela has the 2nd highest gold reserves in the world. As a part of the 2016 settlement of a dispute over withdrawal of a gold concession to Gold Reserve, a Canadian mining company the government entered into a joint venture to exploit the Brisas and Las Cristinas goldmines. In 2016 protests were underway with respect to the gold mining joint venture with Gold Reserve.
- DIAMONDS
Diamonds were first discovered in Venezuela in 1902, but production mostly stayed inconsistent and sporadic until 1943. After the discovery of the 155-carat “Libertador” diamond in the Gran Sabana region in 1942 (to be processed into four faceted diamonds by Harry Winston two years later), a diamond rush followed and additional diamondiferous areas were discovered and exploited throughout the country. Diamond production in Venezuela has been fraught with controversy. In 2008, Venezuela, a Kimberley Process member, suspended itself from the KP for two years. Before that, a group of seven NGOs called for Venezuela’s immediate expulsion from the KPCS due to “serious non-compliance” with the anti-conflict diamond scheme from 2004 to 2008. During the meeting, KP chairman Rahul Khullar declared that Venezuela has undertaken to refrain from the export of rough diamonds for two years. Starting 2006, Venezuela has been part of KP’s artisanal and alluvial working group. There are no KP figures for exports and imports of rough diamonds from 2010 to 2014, and the last figures, from 2009, indicate production of 7,730 carats at a value of $725,808.06
- COAL
Venezuela is the third largest producer of coal after Brazil and Colombia. 5.8 million short tons produced in 2002, 9.3 million tons in 2000. Exported to Eastern USA, Europe etc. Reserves for coal abt 10.2 billion tons of which approx 528 million short tons are RECOVERABLE BITUMINOUS COAL. Coal fields are on border with Columbia and some on Western Zulia state. Other known reserves include natural bitumen (42 billion tons), Eco-socialist protests resulted in cancellation of a 30-year 60,000 acre coal lease in the Perija mountain range to Sinohydro in 2015 .
Refer :
- September 4, 2015). "Maduro Derails Plan for New Carbon Mines".
- April 11, 2016. "Venezuelan Social Movements Rally Against Open-Pit Mining in the Orinoco Arc"
- URANIUM
Venezuela has for years known of its uranium deposits but has not studied them extensively and is not a uranium producer yet. The new research indicates the OPEC nation has large deposits in its mineral-rich Bolivar and Tachira states which is badly needed by the Americas, Russia Europe China and Terrorist states . Iran is helping the country look for uranium incidentally among other metals and this is a huge concern for America, Russia, Europe, Asia and China.
- IRON ORE
In 2003 Venezuela’s estimated reserves of iron ore totaled 14.6 million tons. Proven reserves total 4.1 billion tons, of which 1.7 billion tons are high-grade. Production has been increasing and totaled a record 19.2 million tons in 2003, two-thirds of which were exported. Iron-ore reserves are concentrated in the southeast.
- OIL and BITUMEN (For america the oil is available at a short distance as compared to MEA and for Russia the bitumen may also be important)
The country has the second-largest oil reserves in the in the world, and also depends on the production of oil for its revenues. The country's oil reserves are greater than those of the United States, Canada and Mexico combined.
With 77,800,000,000 barrels (1.237×1010 m3) of proven oil reserves in 2004, Venezuela has the largest proven oil reserves in South America and the sixth largest in the world—more than Canada, Mexico, and the United States combined. Venezuela’s 2002 production of 2,800,000 barrels per day (450,000 m3/d) (bbl/d) of crude was a drop of 8.3 percent over 2001 and the country’s lowest production figure since 1994. In 2003, a year in which production was halted for a couple of months by a general strike and further disrupted by the firing of nearly half of the state oil company’s work force, Venezuela's total oil production was an estimated 2,600,000 bbl/d (410,000 m3/d). In 2004 oil production totaled about 3,000,000 bbl/d (480,000 m3/d), according to the government’s estimate. Prior to President Chávez's December 1998 election, Venezuela regularly exceeded its Organization of the Petroleum Exporting Countries (OPEC)-agreed oil production targets. Hugo Chávez maintained a policy of strict adherence to OPEC quotas and played a leading role in shifting OPEC from a volume-oriented strategy to one of controlling prices. With planned investments of US$26 billion in oil and natural gas exploration and production between 2004 and 2009, Venezuelan Petroleum expects oil production to reach 5,000,000 bbl/d (790,000 m3/d) by 2009)
Meanwhile bitumen, naturally-occurring solid forms of petroleum, is a critical component in the construction of roads, with 70% of the world’s bitumen being used as the binding component in asphalt concrete. Venezuela, Canada and the former Soviet states dominate the world bitumen trade, with almost 90% of bitumen reserves between them. Venezuela is estimated to have 236 billion barrels of the substance, equivalent to around 42 billion tonnes, and a number of geographical features mean the country’s reserves are a more attractive investment than similar deposits in other countries. Venezuela’s warm climate means deposits can have temperatures of up to 50 deg C, compared to just 20 deg C in similar deposits in countries such as Canada, reducing the amount of energy required by miners to alter the oil to a temperature at which it can flow. Most of Venezuela’s deposits are located in the Orinoco Petroleum Belt, which has access to the Caribbean Sea, making exporting bitumen easier.
- NATURAL GAS
Aside from the production and exportation of crude oils, Venezuela also produces natural gas which in this case makes up the economy of the Venezuela economy. It also has the eighth largest reserves of natural gas accounting for 2.7% of the global supply.The natural gas is being exported to the countries with the unavailability to produce natural gas. These gas are been used for cooking, transportation and lots more. Aside from the United States, Venezuela is the second largest gas producer in the world with about 195 trillion cubic feet (TCF).While consumption varies from 1.1 to 1.2 trillion TCF, the company with the highest production of gas in Venezuela is (PdVSA) this is a company with the highest production and distribution in the whole of Venezuela. Diamonds, on the other hand, was first discovered in Venezuela in the year 1902, although the production of diamonds was limited until the year 1913.
- HYDROCARBONS
- BAUXITE
(In 2003 estimated reserves of bauxite totaled 5.2 million tons which is a huge amt). Most of the industry needs aluminium. Venezuela Bauxite" is a occurrence deposit site in Venezuela Territory, Venezuela. It is a deposit, not considered to be of world-class significance. Aluminum deposits are documented at "Venezuela Bauxite." Aluminum is present at a grade sufficient to have a strong effect on the economics of an excavation project. It may even be viable as the only commodity mined. At the time this deposit was surveyed, ore mineralization was documenting in and outcrop, shallow pits, or isolated drill hole. Aside from routine maintenance, there has been no production and little or no activity since discovery. This also means that details including grade, tonnage, and extent of mineralization are to be verified but there is some data available that indicated that DEPOSITS OCCUR ON PLATEAUS ABOUT 940M ALTITUDE. TOTAL RESERVES ARE ESTIMATED AT 103 MILLION TONS WITH AN AVERAGE COMPOSITION: 60% AL2O3, 1% SIO2, 12% FE2O3, AND 27% LOSS ON IGNITION.
The Los Pijiguaos bauxite mine in the western part of the State of Bolivar, Venezuela, represents the only currently exploited bauxite deposit in the country.
Since mining commenced in 1987, total crude bauxite production has amounted to more than 43 million tonnes (Mt), with a present annual production close to 5 Mt. Proven and probable reserves are around 570 Mt, at an economic cut-off grade of about 44 wt.% alumina (Al2O3) and a total silica (SiO2) content of less than 20 wt.%.The orebody has an irregular, dismembered geometry as a result of strong and prolonged fluvial erosion during and after uplift of the region. The isolated minable blocks are located on plateau remnants separated by deep valleys. As a result, only half of the entire lease area is accessible for mining.Los Pijiguaos represents a typical laterite bauxite deposit that formed on a flat topped plateau from weathering of the underlying mid-Proterozoic Rapakivi-type Parguaza granite. The complete laterite profile is characterized by a vertical zonation comprising a concretionary zone (the bauxite horizon), and a mottled zone (the saprolite horizon) on granitic bed rock. The economic bauxite zone attains an average thickness of 7.6 m. On a mine scale, best ore grades and greatest thickness of the ore horizon are at topographic highs. Laterally, grade distribution is also not isotropic but follows distinct WNW–SSE trends. The spatial control on the mineralization is a result of the westerly inclination of the planation surface and the formation of major NW-striking fault systems in the region.Gibbsite is the most abundant mineral in the economic-grade bauxite horizon. The occurrence of minor nordstrandite is also restricted to that zone. Kaolinite is not present in the bauxite zone, but in the lower saprolite zone kaolinite can be more than 5 wt.%. An inverse correlation exists between gibbsite and quartz. Abundance ratios for the two minerals decrease from around 45 in the bauxite horizon to around 2 in the lower saprolite zone. Hematite is commonly more abundant than goethite. In the bauxite horizon, however, the goethite/hematite ratio is greater than 1. Anatase occurs as an accessory phase mainly in the bauxite horizon.Mass balance considerations demonstrate that bauxitization resulted in progressive desilication, hydration, and Al2O3 and Fe2O3 concentration in the residual weathering blanket. Silica as well as alkali and alkaline earth metals were almost completely leached. Mass and volume losses in the order of 61% and 77%, respectively, attest to severe mineralogical, textural, and chemical changes.From an economic point of view, the Los Pijiguaos bauxite represents a high-quality almost pure gibbsitic ore that allows processing to alumina by the low-temperature Bayer process around 140 °C. In terms of material consumption, 2.3 tonnes of dry bauxite are used for every tonne of alumina produced. The accompanying mass of red mud amounts to 550 kg per tonne alumina. The relatively high abundance of hematite in the bauxite has a positive effect on the red mud settling rate and, thus, favors a high extraction yield of the alumina plant.Los Pijiguaos is based on a huge reserve that will provide bauxite for more than 100 years at the current rate of mining. The entire region may contain as much as 6 billion tonnes of probable bauxite resources.
- GEMS
Rough gemstones of various kinds (general), rough stones, agate, jade and jade simulants, opals, amethysts, pearls, citrine, topaz, aquamarine, rubies, emeralds, Lapi Lazuli among others.
- RARE EARTH METALS LIKE COLTAN, TANTALUM AND THE DRUG ANGLE ETC
Coltan, sometimes called “blue gold,” has been confirmed in the Amazon region of Venezuela near the border to Brazil and Guyana, of an estimated $100 billion worth. Coltan is the source for tantalum which sometimes is priced higher than gold.Tantalum is a metal used in capacitors that store energy in modern electronics like smart phones and tablets. Tantalum capacitors are also essential in powering modern military weaponry because the metal resists corrosion and can withstand the extreme temperatures generated by the new military applications. Without it, weapons systems would overheat. The US relies on tantalum to build the basic circuitry in guidance control systems in smart bombs, the on-board navigational systems in drones, anti-tank systems, robots and most weapons systems. The metal is vital to US defense. Yet, it has no domestic mines to mine coltan. According to the US Geological Survey most of world tantalum from coltan today comes from Rwanda and Congo in Africa followed by Brazil, Nigeria and China. In terms of tantalum reserves, Australia is world largest and its major tantalum-coltan mine, the Bald Hill lithium-tantalum mine in Western Australia, opened in 2018 with its total output pledged to a Hong Kong company.
Consumer-driven demand for everyday electronics may be supporting criminal gangs and organized crime in an illicit market for valuable minerals in South America. In Colombia, for example, police recently confiscated 83 tons of coltan and other minerals from an operation reportedly run by smugglers who, according to U.S. law enforcement officials, also supply cocaine to Mexico’s powerful Sinaloa drug cartel.Illegal coltan mining thrives on both sides of the Venezuela-Colombia border, in areas where armed paramilitaries and drug traffickers for years have had a strong presence. Paramilitary armies traffic illegally mined coltan ore over supply lines to smelters and refiners that sell tantalum to the world’s warmongers, who then build more weaponry to further wage illegal wars.
Much of coltan territory in Venezuela hugs the border with Colombia — an area of inaccessible jungle and meandering rivers and streams — where armed paramilitaries and drug smugglers for years have been recognized as powerful forces. Cross-border violence is on the rise in the area, turning the zone into a flashpoint in an increasingly tense relationship between the anti-American Chávez and the pro-U.S. government of Colombia.This is why American national security experts have noted the proliferation of black-market coltan, while Chávez plans the future coltan trade with the help of Iran.China, which uses most of the world’s coltan supply, recently pledged mining-industry support to Chávez and to Brazil, one of the biggest exporters of processed coltan.
https://publicintegrity.org/accountability/venezuela-emerges-as-new-source-of-conflict-minerals/
- OTHER WEALTH
It has hydroelectric power, biodiversity, perfumes, cocoa, orchids, fruits and vegetable exports etc. Is a typical eden of the south americas which could have boosted its tourism industry.
Govt controls most of this. So the foreigners need to wreck the Govt first to get to this wealth for free and that is their plan. The leadership in Venenzeula was foolish to declare their natural resources openly instead of taking advantage of these to leverage their power.
Now the wolves are at the door and they are playing one leader against the other and in the end will kill or destabilize both like they did in Iran, Bosnia & Herzegovnia, Turkey, East Europe, Egypt, Libya etc Venezeula is bartering for much needed medical supplies in desperation with gold, diamonds and coltan the rare metal used to make mobile phones as an economic crisis leaves the govt without enough cash to pay it's bills. This attracts more opportune robbers.
Some interesting insights are available on http://www.williamengdahl.com/englishNEO13Mar2019.php
Its the citizens of the country who have to get together to preserve their wealth otherwise like Africa they will merrily get looted and by the time they realize it, it will be just too late. Any thoughts from the gurus of craxme are welcome.
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Pedro_P
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Interesting but, if you want to know the truth and reality of what happens in Venezuela, you have to see and read what the Venezuelans themselves say. |
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