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:
“No man, however benevolent, liberal, and wise, can use a large fortune so that it will do half as much good in the world as it would if it were divided into moderate sums and in the hands of workmen who had earned it by industry and frugality. The piling up of estates often does great and conspicuous good.... But no man does with accumulated wealth so much good as the same amount would do in many hands.”
—Rutherford Birchard Hayes (1822–1893)