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Up to $20 trillion in mineral and oil assets

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Author Topic: Up to $20 trillion in mineral and oil assets  (Read 40 times)
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Newtown-Fella
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« on: March 28, 2011, 04:05:17 pm »

now sit back and await the bitching from all the NIMBY's and Greenies complain about the prospect of mining all this


Up to $20 trillion in mineral and oil assets


Solid Energy is talking up the value of the country's mineral and oil assets.

According to its financial review report, the state-owned enterprise estimates the value of the in-ground resources at between 10 and 20 trillion dollars.

It says those resources include oil, gas, methane hydrates, coal and lignite, iron sands, and other minerals.
Solid Energy believes most of the deposits are located outside of protected conservation land

http://nz.news.yahoo.com/a/-/top-stories/9087549/up-to-20-trillion-in-mineral-and-oil-assets/
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