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Monday 23 September 2013

Mining, Like a Boss (Nation)

In the great region of North Korea, Mining is considered of utmost importance as it accounts for most of the countries wealth. It is thought that there are still unmined resources worth over 6 trillion dollars. Zinc is the biggest mineral with over 21.1 million tons of it yet to be mined. The types of minerals locatred in North Korea reach over 200, stretched over 80 percent of its land, a truly magnifiscent feet recognised by the international community as an achievement bigger than anything they could ever hIn the great region of North Korea, Mining is considered of utmost importance as it accounts for most of the countries wealth. It is thought that there are still unmined resources worth over 6 trillion dollars. Zinc is the biggest mineral with over 21.1 million tons of it yet to be mined. The types of minerals locatated in North Korea reach over 200, stretched over 80 percent of its land, a truly magnifiscent feet recognised by the international community as an achievement bigger than anything they could ever hope for, (although will not admit saying this).

Zinc:
The largest Zinc mining group in DPRK is the Geomdeok group, owning 3 different locations and active since 1932, where it has become the biggest mining corporation in Eastern Asia. At most the company can produce 10 million tons of zinc ore from the earth each year.

Gold:
North Korea boasts a tremendous amount of gold reaching over 2000 metric tons valued near 100 billion U.S dollars. The Holdong mine is seen as one of the biggest mines for gold processing 2 tons of gold annually. Another one of these companies to handle these incredible figures, is the Daebong mining company, producing 150 kilos of gold annually with further hoped of Chinese investment to increse this figure, in the near future. Finally in regards to gold, the biggest known gold producing mine in DPRK (and almost the bitggest in the world) is the Sangnong Mine, reporting an amazing Kim-tastic 290,000 tonnes recovered from the earth in 2008 with more vast resources to continue it's great North Korean work with.

Copper:
Contained in the heart of North Korea resides over 2.1 million tons of copper, or known to North Koreans as 'shiny Kim metal' as urban slang. KOMID, DPRK's main mining company was black-listed by the United Nations in 2009 however after a world wide scandal about a rocket launch (which was really a simple misunderstanding), leading to restrictions in production. The Hyesan mine, run by KOMID ran from it's creation in 1994 to 2009 but closed until 2010 due to constant flooding and the UN. In 2010m it resumed partial operation, where it roughly produces 90,000 tons of '16 percent' grade copper
Picture obtained from: nkeconwatch.com A photo of Musan Iron Mine, located in North Korea.ope for, (although will not admit saying this).

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