Venezuela Confirms Coltan Deposits, $100 Billion in Gold Reserves

The Venezuelan government has confirmed the existence of “significant” coltan deposits south of the Orinoco River, as well as proven gold reserves valued at $100 billion.

By Latin American Herald Tribune

Basic Industries and Mining Minister Rodolfo Sanz told a press conference that only seven countries in the world have reserves of coltan – a valuable black mineral that combines niobite and tantalite and is used in cell phones and computer chips – in sufficient quantities for export.

Sanz said that “strategic mineral,” also known as “blue gold,” is an irreplaceable material in products such as cellular phones and electromagnetic instruments for aviation and other hi-tech industries.

“Without coltan, there are no cell phones,” the minister said in illustrating the importance of that mineral.

Reserves of coltan and other strategic minerals were located south of the Orinoco River – in eastern Venezuela – as part of an aerial survey carried out with Iranian cooperation.

Sanz did not reveal the quantity of the coltan reserves nor their precise location, but he said that diamond, phosphate, titanium and lead deposits also were found.

He also referred to gold resources and said Venezuela has the world’s largest reserves of that precious metal after South Africa. According to the minister, Venezuela’s potential reserves total some 15,500 tons and its certified reserves are valued at some $100 billion.

Separately, Science and Technology Minister Jesse Chacon, who accompanied Sanz at Friday’s press conference, confirmed that important deposits of kaolinite have been found and are being developed with assistance from Russia.

He also said Russia will offer Venezuela the technological assistance it needs for the treatment of recently discovered uranium deposits.

Chacon, who said uranium will be used for energy production “because oil will run out,” ruled out the possibility of using that mineral for military purposes.

The minister said the idea is to use the country’s natural resources and not sell them in their raw, unprocessed form, to international clients.

“We have all the right to use our uranium for the benefit of Venezuelans and not sell it at bottom-of-the-barrel prices to the French or Americans,” Chacon said.

The minister did not give a timeframe for the development of Venezuela’s nuclear sector nor an estimate of the size of the country’s available uranium reserves.

7 thoughts on “Venezuela Confirms Coltan Deposits, $100 Billion in Gold Reserves”

  1. NO “Secret” here about WHY the Real World’s Evilest Empire (USA) wants to Invade yet Another country for it’s resources.
    THIS is the WAY the “Corporate USA” became a Supposed Great American Empire…BY STEALING EVERYTHING FROM EVERYBODY???
    A Nation run by Psychopaths…controlled by FAKE JEWS and the Luciferian/Satanist VATICAN.

    1. It’s really the British Empire. The treaty that formally ended the Revolutionary War made the King of England the Arch-Treasure and Prince Elector of the United States of America. They Great Britton/the Crown control the money and banking plus the Body Politic by Treaty/Contract. Yes, by design the Holy Roman Empire is a benefactor of this Treaty as well.

  2. That’s right let ZioJooSA know what wonderful natural resources you got so they will be even more determined to steal all your resources once their REGIME CHANGE has been completed…they cant wait to get their corporations in there to rape your country …
    Such a despicable set of fakejoos running Murika the Deceiver.

      1. Thank you for this info. Would you be willing to explain a little more about this information as I find it interesting?

  3. Not an easy answer. It’s a teaching moment and hopefully a debriefing of ones self for what you thought you knew.
    First you have to buy into the fact we are an occupied people/nation. Deep state military and a government you didn’t know you have.
    You would have to read the UCC filings and codes and have a good comprehension of what you are reading.
    You would have to understand their meaning for creditors and debtors. We are and the land/world is owned by the debitos in the case. I believe that’s why such a large dollar amount is expressed in two amounts.

    This is pretty deep subject material unless you know the foundations that allow it and the claims. you could start with the claims in the Papal Bulls by Popes claiming to own everything and us.

    However, what may be easier to discuss with actual documents for proof of frauds and deceptions, would be to review the actual founding of America. the words of claims in the 1783 Definative Treaty of Peace andthe very 1st ACT of congress in 1789. This will explain to you what you and I were taught in school was all a lie. Again this can be proven in the government’s own words in their documents, not my words or opinion.

    Yes No they are easy reads.

    1. Hi, thanks for such a considered response.

      I am familiar with the UCC, Admiralty law, Trust vehicles etc. 4 years ago a Parliamentarian I met attempted to explain the OPPT and its operation. I must admit it took a great deal of time to understand even the most essential elements of its operation, and I would not admit to being proficient in this respect.

      It appears to me that its existence is, essentially, secret, and is certainly not common knowledge [nor is it on any law school curricula I am aware of in my home country].

      However, I do understand the concept of ‘enfranchisement’, and the ability to declare oneself as separate from the legal straw-man it purports to set-up via UCC filing [a form 103?].

      I understand that the Bull purports to establish a Trust vehicle to benefit humanity while holding title to our world as Trustee in perpetuity, however it would great to hear your views on this topic.

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