Monday, July 30, 2007
Gold found in Al Anbar, red mercury in Maysan
(Voices of Iraq) - An economic expert said that the lack of interest by Iraqi government in exploration of other minerals other than oil refers to weak economic policies. Ali Al-Manii, from the Center of Economic Studies, added, reliance on oil and gas as basis of the natural wealth is not a correct perspective in economic terms, because the State must seek to adopt plans for exploration of other minerals in Iraq, especially in southern and central regions, and abandon the unilateral economic strategy."
He added, "Field economic studies showed that gold is found in Anbar province and red mercury, which is the most expensive among minerals, is found in south-eastern of Maysan province."
Al-Manii explained, "The western region of Iraq, being of vast desert nature, comprises ethylene phosphate and sulpfur, while copper is found in Karbala and Najaf." He continued, "The results of these studies require the provision of means of research and exploration of non-oil minerals, which are expected to be found in larger proportions than the rough estimates, for not conducting exploration and production for many years."
Al-Manii called relevant authorities and specialists to achieve strategic plans to prospect for minerals other than oil.
He added, "Field economic studies showed that gold is found in Anbar province and red mercury, which is the most expensive among minerals, is found in south-eastern of Maysan province."
Al-Manii explained, "The western region of Iraq, being of vast desert nature, comprises ethylene phosphate and sulpfur, while copper is found in Karbala and Najaf." He continued, "The results of these studies require the provision of means of research and exploration of non-oil minerals, which are expected to be found in larger proportions than the rough estimates, for not conducting exploration and production for many years."
Al-Manii called relevant authorities and specialists to achieve strategic plans to prospect for minerals other than oil.
Labels: Al Anbar, Ali Al-Manii, copper, gold, Karbala, Maysan, Najaf, red mercury, sulphur
