Thursday, November 24, 2005

US Copper Giant to Invest in Kosovo

Pristina, Kosovo (ANTARA News) - The world`s biggest copper producer, Phelps Dodge, has won a license to dig in Kosovo, the first such project in the UN-run Serbian province, the UN Mission (UNMIK) said Thursday.

Phelps was granted the exploration license for northeastern Kosovo by the Independent Commission for Mines and Minerals (ICMM), which is jointly run by international and local officials in the southern Serbian province.

Kosovo has been administered by the United Nations since the end of 1998-99 war between Serbian troops and ethnic Albanian guerillas seeking independence of Kosovo.

Until now, no companies have mined for copper in Kosovo, but authorities have issued about 60 licenses since April, and the province is believed to contain a minimum of 13.5 billion euros (16 billion dollars) worth of minerals and metals, including copper, zinc and lead.

Phelps Dodge and its two divisions, Phelps Dodge Mining and Phelps Dodge Industries employ more than 15,500 people worldwide, said it was "prepared to directly invest some 500 million euros in Kosovo, should the deposit reveal itself substantial enough to warrant a mega-mine."

UNMIK noted that "the exploration license specifies that work must be started within 90 days."

ICMM official Alexander Valenta called the contract a "major development and the first of its kind in Kosovo.

"For years, we have suspected that the region was rich in copper resources," Valenta said.

He added that several other major mining firms "have expressed definite interest in Kosovo`s copper and other resources and more interest is expected over coming months."

Still technically part of Serbia, Kosovo has been administered by the United Nations since a NATO bombing campaign ended a Serbian crackdown on separatists in 1999.

The UNMIK announcement came three days after UN special envoy Martti Ahtisari, charged with leading negotiations on the status of Kosovo, launched initial talks and shuttle diplomacy between Belgrade and Pristina, AFP reported.(*)


Visit Prishtina said...

I keep asking myself: could it be that Serbia wants to have Kosova under its feet purely for its vast mineral wealth?

Just a though!

Kosovar2006 said...
This comment has been removed by a blog administrator.
Kosovar2006 said...

Very True indeed.

Lets hope the money and investment by these companies goes back to the Kosovar economy and people a not just a benefit to these big companies

the-ilirian said...

Of course Serbia doesn't want Kosova for the's their spiritual heartland remember...and we've all seen how religious and spiritual they are. "thou shalt not kill" and all of that stuff. Yeah right. Oh and those priest we all saw on TV blessing the Serb soldiers as they went off to rape slaughter and pilage probably weren't real priest either. Pfffh...give me a break will ya.
tung tung

I love peace said...

Sure this is one of reasons.
You know what? Serbia’s Government doesn't care about the Serbians in Kosova, they care about Kosova’s territory and this was reason why they always tried to destabilize north of Mitrovica and also this was the only reason why they tried to make decentralization based on ethnical terms so in this way they could divide easy Mitrovica from the Kosova’s map and that’s just because for its vast mineral wealth.
Anyway this won’t be the last try from Serbian’s leaders for fulfilling their plan. We will see another try when the negotiations will start and for my meaning next request will be the Bosnia’s plan or any special autonomy for Serbs on that part, so in this way they will have again under control the North Mitrovica.
However something that Kosovars need to be careful is to don’t act under provocations. When I say this I refer the provocations like in March or like in Shterpce with destruction of the martyr’s monolith or when in the same place where is founded one bomb. That’s because Serbians will try to give us another shoot by repeating another March and if this happened the international community will lose trust on us and then they will try to find any solution by saying that Serbians in Kosova are not safe. And of course this solution will result with something that we don’t want to happen.

the-ilirian said...

There are too many foreign intelligence services currently operating in Kosova to put the responsibility totally on the Albanian indigenous majority of Kosova. Albanians have & are already doing very well in respect of holding back on retaliatory actions over these last six years, a record in any region of the world where an inter-ethnic war was fought I'd say. By now the entire world knows what we want, what we deserve and what we are prepared to do if we are duped once again. Yes, that's right..."the shit will really hit the fan this time” and again, the world knows this. That’s why I don't really see anything but independence for Kosova coming out of these negotiations which should really not be going on at all in my opinion…why negotiate for something that is yours and has always been so. Of course unfortunately there will be Over The Top conditions imposed on Kosova and its majority indigenous population in favour of the aggressor but I I’d like to mention an old saying…and the old saying goes..."every dog has his day." and the Serbs day will come sooner or later, in fact I don't think that day is far off, so let’s not get too carried away with the scare mongering boys and girls. Oh…and before I go, speaking of things that aren’t that far off, I just can’t wait till Montenegro secedes from Serbia as well….woooooweeee!…what a day that’ll be…I tell you, I’ll be celebrating on that day also.

tung tung

armera said...

I love peace,

As far as I know Serbs control north part of the city, and Zvecan where mineral processing facilities are located. Entrances to the mine are under Albanian control, and so is the land where the minerals are.

Considering that Zvecan is polluted and those facilities date from the old communist era I think they can have them. I would much rather trade that in for Presheve, Bunanovc and Kumanove.

As you can see there are plenty of big players interested on investing in Kosove. We can build new (hopefully envoirment friendly) processing plants that are more efficient and will bring more money to our economy.

One other solution would be to transport the ore to the port of Durres and let Chinese take care of it. I would rather have less money and keep my country clean.

In my personal opinion the real wealth of Kosova is on its youth. We have the youngest population in Europe.

oskar said...

Mining pretty few people and since most of the inputs are imported, it will likely have few ripple effects in the economy. Maybe some tax revenue for the government, but that typically leads to increased corruption. So, it's anyones guess if if mining will have a positive or negative effect on Kosovo's economy.

I don't think Serbia is interested in Kosovo because of the mines. Not recognizing that it's a historical issue as well as an issue of Serb minorities is simply stupid, so please stop!

armera said...


If we were to apply the same logic here, I mean the logic of historical claim, we can claim most of the Serbia today. In fact the oldest churches in Kosova predate Slavic migration as buildings yet they are Serbian orthodox churches today.

Let us be realistic for a moment here. Serbs will have advanced rights that are in line with EU in Kosove (International Community will make sure of that even if we don't want to grant them those rights). I also think that whatever Serbs get in Kosove, Albanins in Serbia should get as well. Or is that too much to ask? After all they are indigenous to the region, being Ilyrians.

Anonymous said...

So I guess when the muslims become the majority of the population in the U.K, The Netherlands, and Belgium and they want to carve off pieces of territory for their savage culture then it will have to be given to them as well. Long live white christian Europe! They come to our countries and out breed us to use democracy as a weapon against us.

Anonymous said...

It`s Kosovo, not Kosova

J.P. Maher Ph. D. Professor Emeritus of Linguistics Northeastern Ilinois University Chicago

To the Editors of City.Net

‘’Kosovo’’ is a Serbian place name, more fully ‘’kosovo polje’’, meaning ‘field (or plain) of blackbirds’. ‘’Kosovo polje’’ lies just outside the city of Prishtina.

Ornithology lesson:

Among North Americans, Australians, and South Africans, only ornithologists can identify the species in question. Kosovo’s ‘’black bird’’ is no crow, nor raven, no starling nor grackle, but ‘’turdus merula’’, European cousin of the North American rusty-bellied thrush (‘’turdus migratorius’’), which Yanks call the ‘’robin’’.

In Britain and Ireland ‘’robin’’ is the name of another species, ‘’erithacus rubecula’’. (The ‘’four and twenty blackbirds baked in a pie, of the English rhyme, were of the species’’merula’’, in Serbian called ‘’kos’’. From this term ‘’kosovo’’ is derived possessive adjective. Like America’s harbinger of spring, the black bird called ‘’kos’’ in Serbian language sings sweetly in the springtime and early summer.

For North Americans the feel of the Serbian place name ‘’Kosovo’’ can only be from a translation, Field of Robins’’.

Albanians have borrowed the word from the Serbs, whose once overwhelming majority was driven down, especially since the Congress of Berlin, by savage aggression from Albanians incited then and in WW I by Austria-Hungary and Germany, in World War II by Musolini’s puppet Albanians, and after WW II by the discriminatory ethnic cleansing of the Stalinist dictator Josip Broz.

Native Indian place names in America have no meaning in English:
Eg. ‘’Michigan’’ means nothing in English. In Ojibwa ‘’Mishshikamaa’’ means ‘it is a big lake’.

Just so the place names of Ireland have transparent meaning in Gaelic but are meaningless tags in the colonialist English, eg. ‘’Dublin’’ is Gaelic ‘’dubh lin’’ ‘black pool’, and ‘’Kildare’’ is ‘’cildara’’ ‘church of the oak’.

Just so the name of the Serbian province of Kosovo are clear Serbian formations, but have no meaning in the Albanian language.

Proof of the Serbian origin of the name and the loanword status of the immigrant Albanian term is that the word ‘’Kosovo’’ has a clear etymology to anyone who knows a Slavic language, while Albanian ’’Kosova’’ is an opaque, meaningless place name in the Albanian language.

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