Helpful mineral resources - page 2. | Bitcointalksearch.org

dansus021

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Quote from: Godlovesyou on May 17, 2023, 03:08:30 AM

Africans are blessed with a lot of minerals that if this resources are gainfully used for benefit of their citizens, this God given resources would add colours to Africans. Countries in Africans like Nigeria, Serial Leone, Ghana, kenya, south Africa and lots more you will a lot of natural resources either misused or abandon by government and even if they see need to use them, is either abused or mismanaged. Petrol in Nigeria till today is been refined outside country and still import back to Nigeria on a high price, lots of minerals like coals, salt, kerosene, gas, petroleum and so on but no appropriate handling of this resources, so even the citizens can not benefit from it. If Africa can make use of their resources well, they will be more independent, free from indebtedness and indirect colonial system of other countries.

They should be free like you said a lot of minerals meaning your country could be independent. But the truth is the rich mineral countries will always in the end of the list just like my countries Indonesia also had lot of mineral including oil and gas also the biggest nickel in the world. But the raw material always goes outside and when it becomes a finished good it goes to indonesia back.

DubemIfedigbo001

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Africa can be great again. They just need to act smarter and wiser. The problem is the the leadership who does not make good use of the abundance resources that God has blessed the continent with.

the solution is simple:

leadership should be elected and not selected
positions of appointment should be given to the most qualified, and not the relatives of those in power
opportunities should be given to creativity and just Rigidity in processes
there should be reduction in the amount for useless tasking system that discourages entrepreneurs

Xampeuu

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even though it has abundant natural resources, but cannot process or use it properly, it will be in vain, or it could be worse if the government in power is not clean, then it will only become a source of personal wealth managed by other countries. therefore the level of education is very important to be able to utilize natural resources so that they can be useful for the prosperity of the community. the same is the case in my country with a corrupt government that makes people suffer, especially since foreigners control these natural resources with the permission of the government

Bitcoin_people

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Africa has a lot of natural resources, if the country's government can maintain those resources, then surely the countries can develop them. We have seen that in many countries, due to their natural resources, they have advanced economically by extracting the resources and maintaining them. Although Africa has a lot of natural resources, if they can exploit them, they can certainly grow economically. But despite having so much mineral resources in Africa, they cannot extract them for which African countries are yet to develop economically. So in the future, if Africa can extract their natural resources and export them to different countries, then maybe they will be able to move forward economically.

Raceonsucced

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Indeed, resources in Africa are indeed abundant and it would be a shame if they were not managed properly. But the problem, in my opinion, is that Africans lack knowledge and only focus on working to provide for their families. So they ignore education, even though education is very important. If they had knowledge, they would definitely be able to make excellent use of resources.

Smartvirus

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Quote from: Godlovesyou on May 17, 2023, 03:08:30 AM

Africans are blessed with a lot of minerals that if this resources are gainfully used for benefit of their citizens, this God given resources would add colours to Africans.

Perhaps these resources which is supposed to be a blessing has turned out to be a curse instead. It has turned the hearts of both leaders and citizens to an acquire when you’ve got the chance, creating an over dependency on a particular resource or discovers mineral and as such, competing with other parts of the world that sort ways to better the life’s of its citizens and there country goes in vain.

This ought not to be. Africa already have these resources, are well aware of its potential but still, greed don’t allow its leaders to give the nations a hearing. A heading that acknowledges that resources this finishes and it takes over a million years to form which would be far from when we are gone.
Hence, having other resources fullness is a necessity for growth.

DrBeer

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A couple more questions about the resources of African countries:
1. Who owns (ultimate beneficiaries of) extractive mines
2. What is the taxation of natural resource extraction? And how are these taxes distributed for the welfare of the population of these countries?
3. What percentage of state-owned companies or private LOCAL companies own natural resource extraction?
4. What is the value (selectively who has information about what) of extracted natural resources, and their real price on the world market ?
5. Are there such resources among the extracted resources, which, when processed, form a high added value?

slapper

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Quote from: dothebeats on July 27, 2023, 07:28:19 AM

Quote from: kryptqnick on July 27, 2023, 06:43:12 AM

Quote from: Godlovesyou on May 17, 2023, 03:08:30 AM

Africans are blessed with a lot of minerals that if this resources are gainfully used for benefit of their citizens, this God given resources would add colours to Africans. Countries in Africans like Nigeria, Serial Leone, Ghana, kenya, south Africa and lots more you will a lot of natural resources either misused or abandon by government and even if they see need to use them, is either abused or mismanaged. Petrol in Nigeria till today is been refined outside country and still import back to Nigeria on a high price, lots of minerals like coals, salt, kerosene, gas, petroleum and so on but no appropriate handling of this resources, so even the citizens can not benefit from it. If Africa can make use of their resources well, they will be more independent, free from indebtedness and indirect colonial system of other countries.

I'm all for the development and prosperity of African countries, but it's not an easy road. First, there's corruption and violence, both of which need to significantly be tuned down for progress. Then there's the impact of colonialism which you've mentioned, and it's unfortunately hard to escape it because economic dependency is still strong. Finally, the world is starting to move away from the exploitation of natural resources toward more sustainable activities because of climate change, so I think that it's not a good time to start working on building economies around minerals and stuff.

I agree with your points specifically the colonialism. Even in the mindset of the people, it is relatively hard to take away from. Perhaps it truly has to do with our dependency on the countries that once colonized us. Even in my country now, despite stating that we are free from colonization from any country it is evident that US have a great grasp on us and our governmental decisions. I'm sure the decisions for our mineral resources (which is rich in our country) is also dependent on what the US and China thinks of it.

That's tough, but a proper diagnosis is the first step to recovery, right? It's fantastic to see someone who understands our continent's serious challenges. Why not change things? Instead than relying on the past, let's go forward. The US, China, and other powerful nations are not slave masters. Instead, we may leverage their relationships. Climate change is forcing us to reassess resource consumption, but we shouldn't give up our abundant physical wealth. Instead, we can demonstrate that Mother Nature can be exploited sustainably to produce money.

Fortify

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Quote from: Godlovesyou on May 17, 2023, 03:08:30 AM

Africans are blessed with a lot of minerals that if this resources are gainfully used for benefit of their citizens, this God given resources would add colours to Africans. Countries in Africans like Nigeria, Serial Leone, Ghana, kenya, south Africa and lots more you will a lot of natural resources either misused or abandon by government and even if they see need to use them, is either abused or mismanaged. Petrol in Nigeria till today is been refined outside country and still import back to Nigeria on a high price, lots of minerals like coals, salt, kerosene, gas, petroleum and so on but no appropriate handling of this resources, so even the citizens can not benefit from it. If Africa can make use of their resources well, they will be more independent, free from indebtedness and indirect colonial system of other countries.

The trouble with Africa is that corruption has been deeply ingrained for many centuries and now the leaders are currently composed of those who could play the dirtiest game. Naturally corruption filters downwards as well and like a disease it spreads through the whole ecosystem. It takes strong institutions and judiciary, which take decades and centuries to build, to create any independent thought or opposition. Unfortunately at the moment any potential wealth will be squeezed into the hands of the few.

dothebeats

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Quote from: kryptqnick on July 27, 2023, 06:43:12 AM

Quote from: Godlovesyou on May 17, 2023, 03:08:30 AM

Africans are blessed with a lot of minerals that if this resources are gainfully used for benefit of their citizens, this God given resources would add colours to Africans. Countries in Africans like Nigeria, Serial Leone, Ghana, kenya, south Africa and lots more you will a lot of natural resources either misused or abandon by government and even if they see need to use them, is either abused or mismanaged. Petrol in Nigeria till today is been refined outside country and still import back to Nigeria on a high price, lots of minerals like coals, salt, kerosene, gas, petroleum and so on but no appropriate handling of this resources, so even the citizens can not benefit from it. If Africa can make use of their resources well, they will be more independent, free from indebtedness and indirect colonial system of other countries.

I'm all for the development and prosperity of African countries, but it's not an easy road. First, there's corruption and violence, both of which need to significantly be tuned down for progress. Then there's the impact of colonialism which you've mentioned, and it's unfortunately hard to escape it because economic dependency is still strong. Finally, the world is starting to move away from the exploitation of natural resources toward more sustainable activities because of climate change, so I think that it's not a good time to start working on building economies around minerals and stuff.

I agree with your points specifically the colonialism. Even in the mindset of the people, it is relatively hard to take away from. Perhaps it truly has to do with our dependency on the countries that once colonized us. Even in my country now, despite stating that we are free from colonization from any country it is evident that US have a great grasp on us and our governmental decisions. I'm sure the decisions for our mineral resources (which is rich in our country) is also dependent on what the US and China thinks of it.

kryptqnick

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Quote from: Godlovesyou on May 17, 2023, 03:08:30 AM

Africans are blessed with a lot of minerals that if this resources are gainfully used for benefit of their citizens, this God given resources would add colours to Africans. Countries in Africans like Nigeria, Serial Leone, Ghana, kenya, south Africa and lots more you will a lot of natural resources either misused or abandon by government and even if they see need to use them, is either abused or mismanaged. Petrol in Nigeria till today is been refined outside country and still import back to Nigeria on a high price, lots of minerals like coals, salt, kerosene, gas, petroleum and so on but no appropriate handling of this resources, so even the citizens can not benefit from it. If Africa can make use of their resources well, they will be more independent, free from indebtedness and indirect colonial system of other countries.

I'm all for the development and prosperity of African countries, but it's not an easy road. First, there's corruption and violence, both of which need to significantly be tuned down for progress. Then there's the impact of colonialism which you've mentioned, and it's unfortunately hard to escape it because economic dependency is still strong. Finally, the world is starting to move away from the exploitation of natural resources toward more sustainable activities because of climate change, so I think that it's not a good time to start working on building economies around minerals and stuff.

dothebeats

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Quote from: icalical on July 25, 2023, 09:13:06 PM

It is the same with what happened in my country, we have gold, uranium, natural gas, and many other minerals on our soil, but it has been ignored and missmanaged for a long time. But I think it's getting better the, the government started to know how make a good use of it, the problem now is that it only benefit the oligarch, not the whole people.

This is the unfortunate reality. A lot of country are rich with mineral resources, but are not being managed correctly but their governments. The opportunities and help these minerals have are left dormant as majority of the people only sees these minerals as another source of income, nothing more and nothing less. However, it is good to know that there is at least some good progress regarding this.

Darker45

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Simply said, this is it. Although in reality this may not be as simple as this. It's probably a bit complicated really. But the fact remains that Africans are mostly exploited by foreign companies and more powerful countries for centuries already. Sadly, many leaders in the continent are all too willing to be complicit in the subjugation of the African people for their own personal benefit.

I risk sounding like a believer of conspiracy theories, but I kind of agree that there is this ulterior desire to keep the African people from becoming truly independent and empowered because that would then deprive the external powers of control over vast amount of resources. For what then is the ultimate reason that for centuries the African continent remains poor despite having "40 percent of the world's gold," "90 percent of its chromium and platinum," "largest reserves of cobalt, diamonds, platinum and uranium," "65 per cent of the world's arable land," and "ten percent of the planet's internal renewable fresh water source"?^[1]

[1] https://www.unep.org/regions/africa/our-work-africa

zaim7413

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The land of Africa is known for its abundant resources, Africa should be an advanced and more developed region with the resources that God has given them. It needs competent handling from the government to empower the resources they have, at least they have to process these resources so that they are more independent and able to overcome financial problems in terms of debt.

African governments must learn from Switzerland in terms of managing resources that can boost their economies. Switzerland is known as one of the best chocolate-producing European countries in the world, the climate in Switzerland is not suitable for growing cacao trees, even so they managed to find a way to produce quality chocolate. Switzerland can take advantage of resources from other countries to produce a quality product, while Africa is blessed with various kinds of resources, but people still cannot enjoy the natural wealth produced in their homeland.

icalical

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It is the same with what happened in my country, we have gold, uranium, natural gas, and many other minerals on our soil, but it has been ignored and missmanaged for a long time. But I think it's getting better the, the government started to know how make a good use of it, the problem now is that it only benefit the oligarch, not the whole people.

South Park

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Quote from: o48o on July 14, 2023, 07:06:50 PM

Quote from: Godlovesyou on May 17, 2023, 03:08:30 AM

Africans are blessed with a lot of minerals that if this resources are gainfully used for benefit of their citizens, this God given resources would add colours to Africans. Countries in Africans like Nigeria, Serial Leone, Ghana, kenya, south Africa and lots more you will a lot of natural resources either misused or abandon by government and even if they see need to use them, is either abused or mismanaged. Petrol in Nigeria till today is been refined outside country and still import back to Nigeria on a high price, lots of minerals like coals, salt, kerosene, gas, petroleum and so on but no appropriate handling of this resources, so even the citizens can not benefit from it. If Africa can make use of their resources well, they will be more independent, free from indebtedness and indirect colonial system of other countries.

Venezuela is also insanely rich country in resources, but like in many countries of africa, corruption renders them useless. This is why i often wonder why many crypto currency enthusiasts are so much against regulations and transparency like KYC. As such measures are the part of weeding corruption and draining the swamp. No one just doesn't seem to like when it happens to them personally.-

I believe that countries in africa will eventually stabilize. It will be a long road, but after they do they just might become a superpower with all those resources.

This is going to be difficult, not only because of what I have already explained above but also because Africa as a continent has huge potential, however if that potential was realized then suddenly all of those resources which are sold for cheap will instead remain at Africa, then they will be transformed into technology and sold at many times above their value, while at the same time many companies and jobs will move there, increasing the pressure for manufacturing countries even further, something they obviously do not want.

o48o

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Quote from: Godlovesyou on May 17, 2023, 03:08:30 AM

Africans are blessed with a lot of minerals that if this resources are gainfully used for benefit of their citizens, this God given resources would add colours to Africans. Countries in Africans like Nigeria, Serial Leone, Ghana, kenya, south Africa and lots more you will a lot of natural resources either misused or abandon by government and even if they see need to use them, is either abused or mismanaged. Petrol in Nigeria till today is been refined outside country and still import back to Nigeria on a high price, lots of minerals like coals, salt, kerosene, gas, petroleum and so on but no appropriate handling of this resources, so even the citizens can not benefit from it. If Africa can make use of their resources well, they will be more independent, free from indebtedness and indirect colonial system of other countries.

Venezuela is also insanely rich country in resources, but like in many countries of africa, corruption renders them useless. This is why i often wonder why many crypto currency enthusiasts are so much against regulations and transparency like KYC. As such measures are the part of weeding corruption and draining the swamp. No one just doesn't seem to like when it happens to them personally.-

I believe that countries in africa will eventually stabilize. It will be a long road, but after they do they just might become a superpower with all those resources.

Bushdark

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Quote from: flyingcarpet on July 02, 2023, 10:11:47 AM

Quote from: Gozie51 on July 02, 2023, 09:45:12 AM

Africa countries have the challenge of leadership not that they don't have what it takes but selfish interest which is why they run under the developed countries. The human and material resources for Africa to develop itself are there but they fail to harmonize what they have. Take Nigeria for example, all states of the country has natural resources in commercial deposit but only leadership is the challenge. Nigeria is suppose to be the commercial base of Africa with her population but no directional leadership for the continent, which is the bane for the continent.

Some countries need to act freely on many issues in order to use their resources. We call the countries that can make this move in the world already strong countries. Therefore, it is education that needs to be corrected from the very beginning. If this is fixed, the problems we mentioned will be fixed as well.

Even if you have done everything, the concept of leader you mentioned is a must for a country. That's when they can harmonize what they have with each other. But often things turn upside down and come to selfish interests. That's why good things don't happen.

The problem of the world is nit even about natural resources or the way we can use it. Just like we are seeing in Ukraine, the we that is going on that had claim a lot of lives and properties. If things are done appropriately the world population is not going to suffer like we are seeing now that there are different countries that are still experiencing war that seem not to end. The war we are seeing in different regions are affecting our natural results and plants too from growing and giving us enough oxygen as usual. Corruption is something we can nit even stop because it is in every corners of the earth and we all had been living by it.

hannahB4

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God has blessed us in Nigeria with so many mineral resources and for the refinery, there is one private one being constructed in Nigeria just hoped when all is done there won't be anything like fuel scarcity and the price will be fair for all consumers in the country

MFahad

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Quote from: South Park on July 02, 2023, 08:00:41 PM

One of the main problems in almost any developing country is corruption, the resources which are buried on the African continent are huge and should be more than enough to propel them to achieve a massive amount of development, however the politicians at the top instead of using those resources to improve their country steal most of them and become incredibly rich, then they get replaced by another corrupt politician and the same process starts all over again.

In some countries the government do not provide resources to its citizens but they utilize these resources for their own benefit which is not a good thing. There should be proper usage of such resources because if citizen will wealthy then country will be prosperous otherwise country will always borrows money from others countries and citizen will face the same problems always.

Actually country is facing troubles because government from start is involved in corruption and it will takes long time because no one will want to reduces their satisfaction and return the borrowed money. All resources which are present in country are the right of citizen so these resources should be used for the purpose of making a stable country not for government to get all the income from these resources to satisfy only their lives but it is for the satisfaction of citizens.

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