China has begun large-scale mining operations on its side of the disputed border with India in the Himalayas, where a huge trove of gold, silver and other precious minerals – valued at nearly US$60 billion by Chinese state geologists – has been found.
Although mining has been going on in the world’s highest mountain range for thousands of years, the challenge of accessing the remote terrain and concerns about environmental damage had until now limited the extent of the activities.
The unprecedented scale of the new mines follows years of heavy investment by the Chinese government in roads and other infrastructure in the area. People familiar with the project say the mines are part of an ambitious plan by Beijing to reclaim South Tibet, a sizeable chunk of disputed territory currently under Indian control. Continue Reading →