Large mineral reserves exist in Albania and Kosovo worth hundreds of billions of dollars.
* Created by Sahit Muja <http://online.wsj.com/community/14fb545d-01ef-4def-b272-9be1e2c2dd6c> 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 The price of metals was up again , helped by the recent good news on US manufacturing and the US gross national product. March copper was up a cent to $3.09 per pound in New York trade, while three-month contracts for the metal added $29 to $6,820 per tonne on the London Metal Exchange. price of ferro chrome is up 10% this month. Among other base metals, zinc added about $15 to around $2,160 per tonne in London, while aluminium was up $35 to $2,120 per tonne, lead was $73 higher to $2,118 per tonne and tin and nickel each added $300 on the session, to $16,450 per tonne and $18,,300 per tonne respectively. Precious metals were higher in New York trade as April gold added $13 to $1,118 per troy ounce, March silver was up $8 cents to $16.74 per troy ounce, and April platinum gained $39.50 to $1,578.80 per troy ounce.Large mineral reserves exist in Albania and Kosovo worth hundreds of billions of dollars. The most significant in Kosovo is coal deposits largest in Europe, gold, silver, arsenic, thallium, bismuth and iron. types of Pb and Zn 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 Shpk engineer geologist , 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 kilometers long from Lugu i Zi, Tropoje to Vlahen, Kukes and 50 miles wide from Zogaj to Tpla,Tropoje. Albanian Minerals and Bytyci Shpk has intensified exploration and started mining in Zogaj, Pac, and Vlad. According to Italian and American engineers, working for Albanian Minerals and Bytyci Shpk this huge area from Tropoje to Kukes my 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. We have created a partnership and joint venture with the worlds 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. Albania's economic growth over the last four years has been higher than at any time in the last 100 years - with projected growth for 2010 the highest in the Europe - due to a series of government initiatives in recent years that have helped Albania to cope with the impact of the world recession. Albanian economy has been able to progress despite a number of significant shocks in the world's economy Albanian GDP growth has averaged 10% percent annually. Projected GDP growth for 2010 is the highest in the Europe and follows its peak growth rate in 2007-2008. The Albanian economy has done very well under Prime Minister Sali Berisha, and government policy has been key. These economic gains are a big part of the reason he win re-election in 2009. Billions of dollars are currently being invested in all sectors. Mr Berisha has doubled the budget, raised salaries, lifted Albanians from the poverty line and done an amazing job on the education system. Albanian tourism and investments is flourishing.Albania recently witnessed an impressive growth in tourism this year. The government of Albania announced that there was a 42 percent increase in the number of tourists visiting the country compared to last year. With new hotels, resorts, bars and restaurants, the Albanian private sector in tourism has been growing an average of 30 percent for five years. The Albanian economy had the best growth in Europe last year, and this trend is expected to continue this year as well. Foreign investments in Albania have increased 59 percent in 2009. The Albanian government under Prime Minister Berisha, has created an excellent environment to attract investors to Albania. Special emphasis was paid on constructions of roads and improving infrastructure. The efforts on improving the legal system to protect investors also proved significant. Also that many Western European companies have chosen to escape the high taxes in Europe by investing in Albania as the latter offers the best tax system in Europe with a 10 percent flat tax Albania is one of the wealthiest lands in natural resources per square mile in the world. With amazing mountains, beaches, lakes, rivers, forests, and rich soil. Underneath this land lies billions of prooven barrels of oil, natural gas, gold, platinum, copper, the largest chrome reserves in Europe, bauxite, nickel, cobalt, magnesium, ores, marbel, granite,coal and much more. Albania is rapidly building its infrastructure. Albania In the near future it will be the only country in the world to produce 100% of its energy from Hydropower, Windpower and Solar Power. Billions of dollars are being invested there presently. This almost free enviermently friendly energy will create opportunities to mine and process billions of tons of minerals. Albania was one of the countries in the Europe with economic growth and real estate appreciation in 2009 http://online.wsj.com/community/groups/economy-large-mineral-reserves-east-europe-795/topics/large-mineral-reserves-exist-albania
