Bloomberg: Fortescue Metals Group Ltd. has held talks with Afghanistan’s President Ashraf Ghani on potential mining sector opportunities in the nation, which has struggled to accelerate development of an estimated $1 trillion worth of minerals deposits. Click here to read more (external link).
1TV: Death toll has risen to 16 following Tuesday’s explosion at a coal mine in Afghanistan’s northern Samangan province, local officials said. Six others have been wounded in the explosion which happened in Dara-i-Suf Bala district. Dead bodies of eight miners were recovered from the blast site, but eight others were still trapped. Click here
Tolo News: President Ashraf Ghani ordered the termination of two major mining contracts – for Balkhab copper deposit in Sar-e-Pul province and for a gold deposit in Badakshan — during a High Economic Council meeting last week. The order was confirmed by Abdul Qadir Mutfi, a spokesman for the Ministry of Mines and Petroleum. Finance Ministry spokesman
Associated Press: A company founded by a London-based banker signed agreements Friday with the government of Afghanistan to explore for gold and copper in the north of the country. Centar Ltd. said it hopes to begin exploration in two sites next year and would within a year become one of the largest private-sector employers in the
KABUL, Feb. 11 (Xinhua) — The Afghanistan Ministry of Mines and Petroleum has reported increase in its annual revenue, saying its revenue from 271 million afghani (some 3.9 million U.S. dollars) in 2016 jumped to 7 billion afghani (some 102.2 million U.S. dollars) in 2017, said a statement of the ministry released here on Sunday.