Mineral Wealth
Recent explorations in the Bismarck Sea seabed have yielded discoveries of mineral-rich beds of sulfides, copper, zinc, silver and gold. These findings are especially important because they lie in shallow, calm waters. Papua New Guinea owns the mining rights to these minerals under international law.
Read more about this topic: Bismarck Sea
Famous quotes containing the word wealth:
“That wealth and greatness are often regarded with the respect and admiration which are due only to wisdom and virtue; and that the contempt, of which vice and folly are the only proper objects, is often unjustly bestowed upon poverty and weakness, has been the complaint of moralists in all ages.”
—Adam Smith (1723–1790)