My nephew sent this to me today, I thought it was interesting. :lol:

http://news.google.com/newspapers?id=hbVWAAAAIBAJ&sjid=gOkDAAAAIBAJ&pg=7276,235261&dq=somalia&hl=en

Industry sources say the deposits may exceed a quarter of the world's known reserves of 800,000 tons. Moreover, they said, the uranium lies close to the surface and can permit strip-mining techniques which is far less costly than deep-mining.

Somalia could be for uranium what Iraq is to oil.

In addition to uranium, international geologists have also discovered Yttrium, a rare and costly mineral which experts say can sell for six times as much as uranium per pound.

In the end, I think the world is keeping Somalia "untappable" because they don't trust skinnies not to sell uranium to any mofo with cash, Somalis probably wouldn't care about sanctions or the US and would probably sell it to Koreans and Iranians without a care in the world. :lol:

Damn, could you imagine if we started tapping this back in 1968, I'd probably be the son of a wealthy "Uranium Sheikh" today. :banana:

This is good news for Somalia though I doubt it will solve its issues. What it can do however is provide incentive for world powers to try and stabilize it so they can get to the resources.

on a side note: ever country in East Africa seems to be finding huge quantities of natural resources except Kenya :(.

Bad news


Knowing Africa; this will one day create conflicts

This is good news for Somalia though I doubt it will solve its issues. What it can do however is provide incentive for world powers to try and stabilize it so they can get to the resources.

on a side note: ever country in East Africa seems to be finding huge quantities of natural resources except Kenya :(.

The report is from 1968 and done by the UN geological survey, its well known for generations that Somalia is a hotspot for uranium; personally I thought the figure was 5 percent at best, I had no idea the country had this much uranium.

Also, I think uranium is actually a reason WHY the country is being destabilized by outsiders (Soviets, UN, Americans, many had a hand in Somalia's mess at certain points in time). Oil is desirable as is copper, but I think world powers came to a point where excess uranium is undesirable and should be kept quiet to prevent a mass rush to produce nuclear energy and weapons by certain regimes. The uranium in Somalia could be enough to trigger an energy (or weapons) boom the scale of the Gulf states in terms of oil in the 1950s.

Poor Kenya :hug: Natural beauty is the best resource :dunno:

Somalia having Uranium isn't a surprise, but that amount is verrrry surprising.
I wonder how much Yttrium there is.

Which region was this found in? Galmudug perhaps, where exploration is secretly going on.

Which region was this found in? Galmudug perhaps, where exploration is secretly going on.

The report is from 1968, its nothing relevant to today, but yes it is around the regions of Mudug and Galguduud.

Article mentioned it was part of a find including rare earth minerals. With prices today that could be a huge boost to their economy.

The report is from 1968, its nothing relevant to today, but yes it is around the regions of Mudug and Galguduud.

I know it has nothing to do with today. However, there are reports that Israeli company are in Galmudug exploring for Uranium.

Poor Kenya :hug: Natural beauty is the best resource :dunno:

Even miniature Uganda has struck oil, Kenyans must be getting pissed off by now:lol:

Now they have a reason to stop the war. Watch the Chinese or Americans finally put an end to this bullshyt to get their resources.

Article mentioned it was part of a find including rare earth minerals. With prices today that could be a huge boost to their economy.

Huge boost is an understatement. Uranium, pound for pound, is a thousand times more expensive/valuable than oil. If Somalia hosted as much uranium as the report stated on top of other minerals, it could rival the likes of Congo or Saudi Arabia in natural resource wealth.

Some geological surveys from the 1960s said a while back that Somali uranium alone could fuel American, Soviet, French, British, and Chinese nuclear reactors for a half-century at full power or meet Europe's nuclear energy needs for multiple centuries.

Sometrimes, I think, maybe the country has too much wealth of sinister value for the world to exploit at full speed.

Now they have a reason to stop the war. Watch the Chinese or Americans finally put an end to this bullshyt to get their resources.

The article is from 1968, I just posted it for amusement and historical reference. But, even a blind baby knows Somalia has massive uranium potential; the Iranians were even scolded for arming militant factions years ago in exchange for uranium rights.

I think, if you read my posts above, that perhaps Somalia's war is a result of its resources; no one wants that much uranium on the market to begin with perhaps; this stuff is not like oil or copper. Perhaps the world thinks Somalia having uranium export capability is too dangerous.

I always knew there is something fishy about somalia because The countries with most resources are the ones plagued by diseases and infinite wars. This is good news, and I hope they find oil as well, more oil as that would be the shortcut ticket out of this hellhole and in into the civilized world. :D

Next week:

Obama announces Somalia has Weapons of Mass Destruction. We must invade and save us and the world NOW!!

I always knew there is something fishy about somalia because The countries with most resources are the ones plagued by diseases and infinite wars. This is good news, and I hope they find oil as well, more oil as that would be the shortcut ticket out of this hellhole and in into the civilized world. :D
That and of course the gulf of Aden which is just as critical as the Suez. We recently found out that Afghanistan has a shit load of mineral resources,so many Americans and Westerners are now looking at the invasion in Afghanistan like WTF.

I think this is good I just hope when Greater Somalia resolves its issues and stabilizes ,it doesn't depend on being a resource based economy to moving forward.

This is good news for Somalia though I doubt it will solve its issues. What it can do however is provide incentive for world powers to try and stabilize it so they can get to the resources.

on a side note: ever country in East Africa seems to be finding huge quantities of natural resources except Kenya :(.

Kenya doesn't have huge quantities of natural resources?

Is Zebra a quantifiable resource :)

Somalia is a rich nation that is currently poor.

Welcome to the club :lol:

Moreso with Somalia than others.

Vast uranium, oil and gas on land and offshore, tin/iron/gems, longest seacoast with some of the richest fishing stocks in the world, a river valley that could make the country self-sufficient in food...the opportunities are amazing.

If Somalia was truly poor, it would not elicit so much attention from outsiders who would rather keep it at war than prosperous.

I always wonder how people destabilize countries :dunno: and end up messing it up for th rest...

It's better to make deals with the weak and divided than with the strong.

Moreso with Somalia than others.

Vast uranium, oil and gas on land and offshore, tin/iron/gems, longest seacoast with some of the richest fishing stocks in the world, a river valley that could make the country self-sufficient in food...the opportunities are amazing.

If Somalia was truly poor, it would not elicit so much attention from outsiders who would rather keep it at war than prosperous.

This is a problem in many countries in Africa that would rather keep the war going than bringing it to a complete stop, the problem is it isn't just outsiders it would be many citizens and nationals themselves,specifically warlords and members of militarist national parties who want to dominate and control a mineral resource found in specific region of the country.

I mean, is there always that one pissed off person willing to gain power and etc. to the detriment of his country :(

Is Zebra a quantifiable resource :)

zebra,..........rhinos fertile land, forests, all resourceful..

Which region was this found in? Galmudug perhaps, where exploration is secretly going on.

Yes, the central regions mainly. I'm pretty sure these guys will separate if they get confirmation on the quantities underground. :lol: