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:
“Ill fares the land, to hastening ills a prey,
Where wealth accumulates, and men decay:
Princes and lords may flourish, or may fade;
A breath can make them, as a breath has made;
But a bold peasantry, their country’s pride,
When once destroyed, can never be supplied.”
—Oliver Goldsmith (1730?–1774)