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Anonymous 05/11/18 (Fri) 01:40:05 e6d233 No.1368228
>>1365910 (bread #1713)
>>1365936 (bread #1713)
No wonder the Cabal locked up North Korea since the Korean War - it has enormous mineral reserves, including gold.
North Korea may not have proved petroleum reserves, but it's estimated that the secluded belligerent nation sits on reserves of more than 200 mineralsaEUR"including rare earth mineralsaEUR"worth an estimated up to US$10 trillion. Of course, there are no official reports on how much North Korea's mineral wealth really is, but according to rough estimates from earlier this decade, Pyongyang's deposits of coal, iron ore, zinc, copper, graphite, gold, silver, magnesite, molybdenite, and many others, are worth between US$6 trillion and US$10 trillion, as per South Korean projections reported by Quartz.
http://www.mining.com/web/the-10-trillion-mineral-resources-north-korea-cant-tap/
South Korea has its own plans for the mineral resources. It sees them as a way to help pay for reunification (should it finally come to pass), which is expected to take decades and cost hundreds of billions or even trillions of dollars. (Germany knows a few things about that.) Overhauling the NorthaEUR(TM)s decrepit infrastructure, including the aging railway line, will be part of the enormous bill.
https://qz.com/1004330/north-korea-is-sitting-on-trillions-of-dollars-on-untapped-wealth-and-its-neighbors-want-a-piece-of-it/
North Korea, unbeknownst to many, possesses vast tracts of underexploited mineral resources: magnesite, coal, graphite, iron, tungsten, zinc, and more. Even though its mines reportedly operate at less than half their nineteen-eighties capacity, owing to energy and equipment shortages, the country still produces up to twelve tons of gold per year and possesses about two thousand tons of gold in reserves, worth about eight billion U.S. dollars.
https://www.newyorker.com/business/currency/gold-chains
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 SouthaEUR(TM)s 0.6 million. And North Korea's mineral wealth was estimated at $10 trillion (A-L-7.5 trillion) in 2012 by a South Korean research institute.
https://www.independent.co.uk/news/world/asia/north-korea-trillions-mineral-resources-nuclear-iron-ore-a7818651.html
Gold reserves, mined at only 30% of capacity, are found in nearly 80% of North Korea. It is estimated that North Korea has over 2,000 metric tons of reserves.
http://raregoldnuggets.com/?p=2150
In gold alone the nation is estimated to hold around 2,000 metric tonnes of reserves, which at a gold value of $1,200/ounce, would give a total worth of $84.6 billion.
https://en.wikipedia.org/wiki/Mining_in_North_Korea
Detailed report on NoKo mineral resources from 2011:
https://nautilus.org/napsnet/napsnet-special-reports/the-mining-industry-of-north-korea/
The initial assessment of the Jongju target indicates a total mineralisation potential of 6 billion tonnes with total 216.2 million tonnes rare-earth-oxides including light REEs such as lanthanum, cerium and praseodymium; mainly britholite and associated rare earth minerals. Approximately 2.66% of the 216.2 million tonnes consists of more valuable heavy rare-earth-elements. According Dr Louis Schurmann, Fellow of the Australasian Institute of Mining and Metallurgy and lead scientist on the project, the Jongju deposit is the world's largest known REE occurrence. The 216 million tonne Jongju deposit, theoretically worth trillions of dollars, would more than double the current global known resource of REE oxides which according to the US Geological Survey is pegged at 110 million tonnes.
The single largest gold vein ever found was found in North Korea before the war. It was estimated at 5-15 California goldrushes. [Comment to article]
http://www.mining.com/largest-known-rare-earth-deposit-discovered-in-north-korea-86139/
Per a Dec 2017 Executive Order, the US Government will issue a report on critical minerals, to include "options for accessing and developing critical minerals through investment and trade with our allies and partners;" will this include our new friend North Korea?
https://www.federalregister.gov/documents/2017/12/26/2017-27899/a-federal-strategy-to-ensure-secure-and-reliable-supplies-of-critical-minerals

No wonder Kim is smiling!