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Countries: Albania |
Posted on Friday, February 26, 2010 - 12:30 PM
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Gripped in crisis
Albania had a traumatic event in June last year: national elections for parliament. The results are still being strongly disputed.
Albania's president has summoned the government and main opposition parties to talks on alleged electoral fraud, in a bid to end a seven-month political crisis. Bamir Topi said in a statement on February 4 he would hold preliminary meetings with party leaders "to prepare the terms of round-table negotiations."
Political parties had no immediate response. The main opposition Socialists have boycotted Parliament for months, blocking most legislative work, and have staged large protests.
They claim Prime Minister Sali Berisha's Democrats manipulated vote counting in the June 28 national elections and demand a recount, which the government has ruled out. The Democrats control 75 of parliament's 140 seats; the Socialists 65.
The new Eldorado
Large mineral reserves exist in Albania and Kosovo worth hundreds of billions of dollars. The most significant in Kosovo is coal deposits, which are the largest in Europe, as of gold, silver, arsenic, thallium, bismuth and iron, types of lead, zinc and other metals.
In Albania there are large deposits of chrome ore, bauxite, copper, nickel, quartz, magnesium, cobalt.
In the last two years huge explorations have taken place in Northern Albania, especially Tropoje and Kukes. According to Albanian Minerals & Bytyci SH P K Mining Company, there have been 100 new locations of chrome ore in Tropoje.
Recently huge deposits of chrome ore have been found in . Vlad, Pac, Zogaj, Kam, and Lugu i Zi.The body of this large chrome ore extends a hundred kilometres long from Lugu i Zi, Tropoje to Vlahen, Kukes and 50 miles wide from Zogaj to Tpla,Tropoje. Albanian Minerals and Bytyci SH P K has intensified exploration and started mining in Zogaj, Pac, and Vlad.
According to Italian and American engineers, working for Albanian Minerals and Bytyci Sh P K, this huge area from Tropoje to Kukes may have more than 500 million tons of chrome ore. New geological surveys and chemical results done by Albanian Minerals have shown an amazing amount of minerals in Northern Albania and Kosovo. There are also large amounts of magnesium and nickel.
The Albanian government has done an amazing job building roads where minerals are found. The value of already discovered minerals in Albania and Kosovo exceeds 100 billion dollars as a raw material. Albanian Minerals in New York has increased the work done in building infrastructure and amount of money invested and is planning to triple the amount of investments in the region.
They have created a partnership and joint venture with the world’s largest business to business marketing companies. The potential in minerals in Albania and Kosovo is more than anyone has ever imagined. This would create a powerful economic growth in Albania, Kosovo and the entire Balkans.
Note: To read more, click here
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