Because prospecting budgets and money is usually set aside ten years before something is actually developed so it's not like they just decided to go in now,most mines dont become one untill 10 or 20 years of exploration is done.
Hati relief envisaged 1 day before quake
- Thread starter darkbeaver
- Start date
Because prospecting budgets and money is usually set aside ten years before something is actually developed so it's not like they just decided to go in now,most mines dont become one untill 10 or 20 years of exploration is done.
Why would a supposedly dirt poor country sell or give away its mineral rights. It is not that there resources are hard to find, and they sure could use the rewards from these resources themselves. I can understand them leasing oil tracts because of the cost of doing it yourself, but mining is much cheaper to do.
The guys doing the prospecting rarely turn it into a mine,they travel all over the world doing this,if it looks good it go's up for sale,the propertys change hands many times before becoming a mine,i dont think haiti has many people who do this so it gets farmed out,they get royaltys on anything mined.
It is usually part of the condition of loans from the IMF (or anybody with money to loan) where the money is used to help the people live easier lives. The banks don't place a value on the quality of life, their books show people only as an asset worth so much $$$.
The security they demand for any loan are the natural resourses, not to be held onto developed at a speed that was denied prior to the change in ownership. When it is developed the people get 3% of the net profits and the companies reap the 97% when those figures should be reversed. The way to develop it is to have open bidded contracts where the contractor recoops his investment plus 5%. Today it is investment plus 75% of everything that investment produces for the life of the product that was built. The People should have the profits belong to them after the original contract has been fulfilled by both parties.
thanks for the link ironsides The price of gold is going to the moon so I guess if you got some you're going to be rich.
I pulled this a couple of paragraphs down
"UHmm. And I guess you've talked about the fact that these companies obviously, they look for what they call a "secure business climate." For presumably a low regulatory environment."
Us Canadians like cheap resources that are easy to steal from the natives. And we always crow about how good it is for them. We are soooo nice it makes me want to puke.
The thing about the oil is controlling the supply. What's done is maximizing the social and economic impact of supply by strictly controlling the supply, distribution and developement. I wouldn't worry about running out of oil.
"That means the land on the surface will have to sustain them, A little food and a quart of rum/ day for the unemployed." That's why I used especially, because there has never been a need for the poverty in Hati (nor anywhere else) except by that same control mechanism I mentioned, it's always been their needs and not that of Hatians that have priority. There will be no benevolent social development in Hati for the same reason there has never been any. And it has absolutly nothing to do with the people who if left to their own designs could and would build a beautiful inspiring nation. We in the west believe we have been helping to correct life in the third world when nothing could be further from the truth.
If you had a gun to your head you would and so would I. How big a gun is a carrier? Seriously ironsides every time one of those things moves the third world trembles.
The bottom line will be their collective debt to the world after the rebuild is complete. If their is no debt and all land and resourse belong to the people again then the world did help, if the debt is bigger then that just means what little land that was left that was not controlled by the Bankers will be controlled by the Bankers. Developed or not the locals will see nothing but crumbs from theit own table. Who saves people from the rescuers?
No doubt. Maybe Kreskin could add microwaving a wet chunk of basalt to his act?
Seems most countries are canceling Haiti's debt which should help a little. There debts have been canceled many times before though, and there lies the problem.
Example: ( What do you do with people who chose to live in a active caldera?)
Example: ( What do you do with people who chose to live in a active caldera?)
They are big aren't they. Normally we do not keep a carrier in the Caribbean.
Haiti has nothing that the U.S. would want or need, just a large poor population that need caring for.
Bull****,it may be Canadian companies but thats because we have the expertise to prospect these claims,you seem to forget it's the investors who own these companies,not just Canadians,people who are willing to take a gamble as the govt's in places like haiti dont have the coin to do so.They in turn get mega royalties and jobs,something they cant seem to get rolling.
So i'll call total bs on this and you only have to look at who's putting up the money in Canada's Nunavut to stake these mines and it sure as hell isnt the natives,they actually welcome it so maybe get your facts straight.
The mines in Canada's north are all developed and staked by investors from all over the world,it's up to the Nunavut govt. to say what they have to do before they get a licence and it means hiring from the local communities which might have 100 very low paying jobs for every 5000 residents.Every single mine I have worked developing up there is Canadian owned but staked by mostly American investors and wouldnt happen without that money.
Rio Tinto owns Diavek and thats just one big mine,Agnico eagle owns meadowbank and allthough Canadian it's investors money that makes it happen.
Theres a reason any core samples HAVE to stay on site at least ten years,thats so investors dont get milked in another bre-x.It takes minimum ten years for a mine to even become a mine from the time the first hole is drilled so any cheap attempt to make this look like something it's not can be easily refutted by anyone who has done this kind of work.
Rio Tinto owns Diavek and thats just one big mine,Agnico eagle owns meadowbank and allthough Canadian it's investors money that makes it happen.
Theres a reason any core samples HAVE to stay on site at least ten years,thats so investors dont get milked in another bre-x.It takes minimum ten years for a mine to even become a mine from the time the first hole is drilled so any cheap attempt to make this look like something it's not can be easily refutted by anyone who has done this kind of work.
Study finds Haiti aid largely went to US groups
PORT-AU-PRINCE, Haiti — A new report on American aid to Haiti in the wake of that country’s devastating earthquake finds much of the money went to U.S.-based companies and organizations.
The Center for Economic and Policy Research analyzed the $1.15 billion pledged after the January 2010 quake and found that the “vast majority” of the money it could follow went straight to U.S. companies or organizations, more than half in the Washington area alone.
Just 1 percent went directly to Haitian companies.
PORT-AU-PRINCE, Haiti — A new report on American aid to Haiti in the wake of that country’s devastating earthquake finds much of the money went to U.S.-based companies and organizations.
The Center for Economic and Policy Research analyzed the $1.15 billion pledged after the January 2010 quake and found that the “vast majority” of the money it could follow went straight to U.S. companies or organizations, more than half in the Washington area alone.
Just 1 percent went directly to Haitian companies.