China invaded Philippine Mining smuggled 3 Million Metric Tons of Gold to China –TAX FREE

China invaded and occupied Mischief Reef 75 Miles from Palawan

China's mining occupation of the Philippines

While China's brazen occupation of the Philippines' Scarborough Shoal, located just 125 nautical miles from Masinloc, Zambales, has captured all the national and international attention, little has been mentioned about China's occupation of the Philippine mining industry, an entirely different issue from the Filipino Chinese ("Chinoys") domination of the Philippine economy.

For example, one of China's vast army of mining companies operating almost under the radar in the Philippines is located near the Scarborough Shoal in the coastal town of Masinloc where China's Wei-Wei Group has set up a US$100 million nickel processing plant. In nearby Botolan, Zambales, China's Jiangxi Rare Earth and Rare Metals Tungsten Group Company Limited operates a US$150 million nickel exploration and cobalt processing project.

As the Asia Sentinel reported on November 12, 2012 ("China's Filipino Gold Rush"), "With an estimated US$1 trillion in untapped mineral resources in the Philippines, according to the Mines and Geosciences Bureau, Chinese mining companies, many of them operating illegally, have been exporting gold, nickel and other precious minerals out through the island country's porous coastal ports, where there are no customs officials and plenty of bribable officials to turn their eyes the other way."

China's Filipino Gold Rush

With its occupation of the Scarborough Shoal (what China calls "Huanyin Island"), smuggling precious metals from the Philippines to a China base will be even more convenient especially after it is transformed into a four story fortress, as China did with the Philippines' Mischief Reef, located just 75 miles from Palawan, which China occupied in 1996.

The Asia Sentinel's investigation reported that "as of now, of the gold registered as leaving the Philippines, only 3 percent of the exports are registered with customs officials… The other 97 percent arrives in Hong Kong without being taxed by the government in Manila, resulting in a massive tax loss."

While that 97% of the gold is leaving the Philippines illegally, it is somehow legally entering Hong Kong as HK trade statistics showed that "gold consignments imported from Philippines into Hong Kong had been declared," the Sentinel added.

In April of 2011, Pacific Strategies and Assessments (PSA), a company supplying foreign embassies and corporations in Manila with intelligence and business climate reports, released a study titled "Exploitive Chinese Mining in the Philippines" which reported that the incursion of Chinese mining firms into the Philippines has had a disastrous effect on the Philippine environment.

"While few are surprised over the assertiveness and penetration of Chinese mining investors, there is substantial evidence of unaccountability, misconduct and corruption in many Chinese mining deals," the PSA reported.

These firms do not "deliver correct compensation for environmental damage and value of minerals extracted from devastated mining areas….Chinese mining companies have a reputation for poor adherence to environment standards, especially with regard to small-scale mining projects," the report added.

China's mine safety record is the worst in the world. More than 2,600 Chinese miners died in mining accidents last year. While China accounts for 40% of the world's global coal output, it accounts for 80% of mining deaths in the world.

In 2008, the Philippine Department of Environment and Natural Resources admitted that at least 3 million metric tons of various mineral ores were brought into China that were untaxed in the Philippines.

The Chinese mining companies' occupation of the Philippines began in earnest during the administration of Pres. Gloria Macapagal-Arroyo when 26 Chinese corporations registered in the Philippines to mine for gold, iron ore, nickel, copper, manganese, lead, zinc, chromate and cobalt. They operate in 16 provinces in the Philippines: Cagayan, Benguet, Zambales, Camarines Norte, Camarines Sur, Palawan, Leyte, Eastern Samar, Bohol, Cebu, Misamis Oriental, Davao Oriental, Surigao del Norte, Sultan Kudarat, Zamboanga del Norte and Zamboanga del Sur. (http://is.gd/zmu1BB)

Inquirer Global Nation 

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N-Korea Successful Space rocket launched, 2nd debris Spash down East Philippines at 10 AM

South Koreans watch a television report on North Korea's rocket launch at Seoul railway station in Seoul December 12, 2012. North Korea successfully launched a rocket on Wednesday, boosting the credentials of its new leader and stepping up the threat the isolated and impoverished state poses to its opponents. The rocket, which North Korea says was designed to put a weather satellite into orbit, has been labelled by the United States, South Korea and Japan as a test of technology that could one day deliver a nuclear warhead capable of hitting targets as far as the continental the United States.

North Korea's new leader burnishes credentials with rocket

(Reuters) - North Korea successfully launched a rocket on Wednesday, boosting the credentials of its new leader and stepping up the threat the isolated and impoverished state poses to its opponents.

The rocket, which North Korea says was designed to put a weather satellite into orbit, has been labeled by the United States, South Korea and Japan as a test of technology that could one day deliver a nuclear warhead capable of hitting targets as far as the continental the United States.

"The satellite has entered the planned orbit," North Korea's state news agency KCNA said.

North Korea followed what it said was a similar successful launch in 2009 with a nuclear test that prompted the United Nations Security Council to stiffen sanctions against Pyongyang that it originally imposed in 2006 after the North's first nuclear test.

The state is banned from developing nuclear and missile-related technology under U.N. resolutions, although Kim Jong-un, the youthful head of state who took power a year ago, is believed to have continued the state's "military first" programs put into place by his deceased father Kim Jong-il.

After Wednesday's launch, which saw the second stage of the rocket splash down in seas off the Philippines as planned, Japan's U.N. envoy called for a Security Council meeting. However, diplomats say further tough sanctions are unlikely to be agreed at the body as China, the North's only major ally, will oppose them.

The rocket was launched just before 10 a.m. Korea time (9 p.m. ET on Tuesday), according to defense officials in South Korea and Japan, and easily surpassed a failed April launch that flew for less than two minutes.

There was no independent confirmation it had put a satellite into orbit.

Japan's likely next prime minister, Shinzo Abe, who is leading in opinion polls ahead of an election on December 16 and who made his name as a North Korea hawk, called on the United Nations to adopt a resolution "strongly criticizing" Pyongyang.

There was no immediate official reaction from Washington, South Korea's major military backer, or from China.

China had expressed "deep concern" over the launch which was announced a day after a visit by a top politburo member to Pyongyang when he met Kim Jong-un.

On Wednesday, China's state news agency Xinhua said North Korea had the "right to conduct peaceful exploration of outer space."

But it added: "Pyongyang should also abide by relevant U.N. Security Council resolutions, including Resolution 1874, which demands (North Korea) not to conduct 'any launch using ballistic missile technology' and urges it to 'suspend all activities related to its ballistic missile program.'"

U.S. Representative Ileana Ros-Lehtinen, a Florida Republican who heads the House of Representatives Foreign Affairs Committee, quickly condemned the launch and called for tougher sanctions.

"It is clear that Pyongyang is moving ever closer towards its ultimate goal of producing a nuclear ballistic missile in order to threaten not only our allies in the Asia-Pacific region but the U.S. as well," she said.

A senior adviser to South Korea's president said last week it was unlikely that there would be a meaningful set of sanctions agreed at the United Nations but that Seoul would expect its allies to tighten sanctions unilaterally.

A YEAR ON FOR THE THIRD KIM

Kim Jong-un, believed to be 29 years old, took office after his father died on December 17 last year and experts believe that Wednesday's launch was intended to commemorate the first anniversary of the death.

The April launch was timed for the centennial of the birth of Kim Il Sung, the founder of North Korea and the grandfather of its current ruler.

"This is a considerable boost in establishing the rule of Kim Jong-un," said Cho Min, an expert at the Korea Institute of National Unification.

There have been few indications the secretive and impoverished state, where the United Nations estimates a third of the population is malnourished, has made any advances in opening up economically over the past year.

North Korea remains reliant on minerals exports to China and remittances from tens of thousands of its people working on labor projects overseas.

The 22 million populations often need handouts from defectors who have escaped to South Korea in order to afford basic medicines.

Given the puny size of its economy - per capita income is less than $2,000 a year - one of the few ways that North Korea can attract world attention is by emphasizing its military threat.

Pyongyang wants the United States to resume aid and to recognize it diplomatically, although the April launch skippered a planned food deal.

It is believed to be some years away from developing a functioning nuclear warhead and to have enough plutonium for around half a dozen nuclear bombs, according to nuclear experts.

The North has also been enriching uranium which would give it a second path to nuclear weapons as it sits on vast natural uranium reserves.

It says that its development is part of a civil nuclear program, but has also boasted of it being a "nuclear weapons power".

(Additional reporting by Jumin Park and Yoo Choonsik in SEOUL; Writing by David Chance; Editing by Raju Gopalakrishnan) (http://is.gd/DuHCJ5)

Reuters 

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