United Nations: There’s Much Gold in Greece but It Doesn’t Take Advantage of It

    Taking into account a United Nations report, one can realize why many countries all over the world are trying so hard to take control over Greece. The report was published in French Le Figaro newspaper and made clear that Greece, apart from the hydrocarbon, has a great deal of important mineral wealth.

    “According to surveys and dug outs held in several areas of Greece, the country is upon a plate having decades of extremely rare minerals which can be applied in industry, aeronautical engineering etc., and all of them in great quantity,” continues the UN report.

    It is also mentioned that Greece is a unique source of huntite in the world. Huntite is a carbonate mineral and is used mostly in industry in a natural mixture of hydromagnesite as a flame retardant. The heat of a fire will cause huntite to decompose releasing carbon dioxide into the flames. This contributes in slowing down the spread of the fire.

    Le Figaro editor comments that this is “Greece’s ace up its sleeve” and that it should take advantage of huntite, lignite and other minerals to exit its financial crisis. The French paper adds that the country’s globally significant minerals may have been the key factor for this “competition” among mighty states- they are making efforts to exploit the country’s wealth in the future.

    Furthermore, the UN stresses the fact that Greece has many other minerals, of which they have never taken advantage including clay, limestone, shale and gypsum.


    1. It’s ‘ace up its sleeve,’ not ‘ace upon its sleeve,’ you knuckleheads. And lignite is a dirty-burning soft coal that throws a lot of particulate matter into the atmosphere.