Helpful mineral resources

[kryptqnick]

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]

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.

[Fortify]

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.

[slapper]

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.

[DrBeer]

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?

[Smartvirus]

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.

[Raceonsucced]

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.

[Bitcoin_people]

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.

[Xampeuu]

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

[DubemIfedigbo001]

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

[dansus021]

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.

[dothebeats]

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.

I couldn't agree more. Same goes for my country. Despite being rich of these resources we often export them to be used by other countries for their product and then will be imported back here and be sold with a high rate. Once you asked why it is expensive they will tell you that it is because of the rare products used to make it, then you'll realized the said products is locally found and there are a lot of them. Typical import and export system.

[Peanutswar]

I dont think that in the minerals that could help the Philippines might increase the price or it could help, most of the minerals here is the marbles, those are commonly used for the structures we are using, next is the under the cave stones you can find in the upper side or even the under of the caves but those are preserve by the government and few gold you can find here but those really destroy the beauty of the Philippines reason why most of the miners now prevented by the government.

[slapper]

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?

Multinational firms, governments, and often a mix of the two are common proprietors in Africa's extractive industries. However, because of complex subcontractor, intermediary, and third party networks, determining the final beneficiaries can be difficult

Royalties and corporate income taxes are common components of the taxation of the extraction of natural resources. Public services and infrastructure should theoretically be supported by these levies, but in practice, these monies may be misused or mismanaged

The ratio of state-owned to privately owned businesses varies widely, both between countries and commodities. It is rarely easy to assign a precise percentage because of the convoluted nature of the legal and financial systems involved

The worth of these materials is mostly established by global markets. The value upon extraction, however, is generally much lower than the final market price because of the value gained during processing and refining

After being refined, the value of some materials can soar. However, most African countries lack the infrastructure to fully process these resources, causing them to miss out on substantial economic prospects.

[fauzan Ichsan]

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.

I couldn't agree more. Same goes for my country. Despite being rich of these resources we often export them to be used by other countries for their product and then will be imported back here and be sold with a high rate. Once you asked why it is expensive they will tell you that it is because of the rare products used to make it, then you'll realized the said products is locally found and there are a lot of them. Typical import and export system.

this is where the role of human resources must be corrected, currently the government in my country has started to prohibit exports in the form of raw materials to other countries, but at least it is processed in my country that way besides increasing selling prices, it will also absorb labor and we can learn to process it ourselves, so that finally when the contract is over we can fully control natural wealth and process it ourselves to sell it in the form of finished goods. that way there will be many benefits for the country including the welfare of the people

[dothebeats]

I couldn't agree more. Same goes for my country. Despite being rich of these resources we often export them to be used by other countries for their product and then will be imported back here and be sold with a high rate. Once you asked why it is expensive they will tell you that it is because of the rare products used to make it, then you'll realized the said products is locally found and there are a lot of them. Typical import and export system.

this is where the role of human resources must be corrected, currently the government in my country has started to prohibit exports in the form of raw materials to other countries, but at least it is processed in my country that way besides increasing selling prices, it will also absorb labor and we can learn to process it ourselves, so that finally when the contract is over we can fully control natural wealth and process it ourselves to sell it in the form of finished goods. that way there will be many benefits for the country including the welfare of the people

I couldn't agree more. This kind of system that you stated is a good way to keep most of the resources in the country but also create opportunities to produce goods with fair rates locally. Moreover, it also opens ways and opportunities for work which essentially helps the economy of the country. It is a good way to preserve and give much value to local mineral resources.

[Cookdata]

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.

Corruption has eaten African countries deeply to the point the military is now doing coups up and down and that scares me, and as much as there is a high level of stealing and theft in democracy, I don't like to be ruled by a military government, this madness is already spread within West African countries; I believe in democracy because it has worked for the west if its properly manage here with everyone following the rule, it will prosper in the Africa horizon as well, we should encourage impunity and discourage dictatorship, I don't pray to wake up one day and see a gun pointed on my head for violation that the court can penalize me for, that's gonna be hell for everyone.

Furthermore, colonialism has been a form of a parasitic relationship between African countries and the West, they benefit more from Africa than the way they benefit from us but let us not lie to ourselves, we need allies and friends to stay ahead of others, any African country that thinks they will hate the west because of their greed is doing so to hurt its people, we need each other to survive the heat periods, we need the west for development because they are ahead of Africans by innovations and creativities, and in return, they also need the resources around us but then it has to be a mutual relationship instead of the usual over dependency on each other.

[khiholangkang]

I couldn't agree more. Same goes for my country. Despite being rich of these resources we often export them to be used by other countries for their product and then will be imported back here and be sold with a high rate. Once you asked why it is expensive they will tell you that it is because of the rare products used to make it, then you'll realized the said products is locally found and there are a lot of them. Typical import and export system.

this is where the role of human resources must be corrected, currently the government in my country has started to prohibit exports in the form of raw materials to other countries, but at least it is processed in my country that way besides increasing selling prices, it will also absorb labor and we can learn to process it ourselves, so that finally when the contract is over we can fully control natural wealth and process it ourselves to sell it in the form of finished goods. that way there will be many benefits for the country including the welfare of the people

I couldn't agree more. This kind of system that you stated is a good way to keep most of the resources in the country but also create opportunities to produce goods with fair rates locally. Moreover, it also opens ways and opportunities for work which essentially helps the economy of the country. It is a good way to preserve and give much value to local mineral resources.

That is the hope of everyone in the third state, including my country which still lacks human resources but has natural resources that are complex enough to support people's welfare, but with a lack of human resources to utilize natural resources is very difficult, they are forced to sell it to other countries to gain profits and meet the state budget. There are so many cases of the use of natural resources in my country that are binding with other countries which are utilized without giving my country great benefits.
For example in the case of nickel, the ban on nickel exports caused chaos with European countries because they used to buy raw nickel from my country, then when it stopped, the European Union reported to the WTO because my country no longer wanted to export raw goods because it wanted to produce it itself so that it would have more value. in selling out, but they seem to be tormented by this decision and my country is under threat.

[AnonBitCoiner]

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.

Without education a person is blind and one does not have any idea that how to handle these resources and how to provide these resources to every individual of country.

For managing such activities it is necessary that the leader of a country should be educated. Although some people are brilliant without education but brilliant individual with education is better than brilliant individual without education. Some countries does not have any technology to make actual use of resources and introduction of technologies are greatly related with educated people.

[South Park]

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

It is not really a conspiracy theory, it makes sense for countries to want to buy commodities for the cheapest price possible and through history we have seen whole countries being subjugated in order to fulfill this goal, so it would be silly to think that somehow this behavior stopped during the 20th century and beyond, it is just the methods used now are more subtle but it is still possible to achieve the same results, and when you add inept and corrupt politicians to the mix then it is easy to explain why the African continent despite its resources remains behind other continents.