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Tag Archives: Mining

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Fortescue Opens Talks With Afghanistan on Nation’s Mining Riches

21st August, 2020 · admin · 10 Comments

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).

Posted in Economic News | Tags: Mining, Natural Resources |
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Death toll rises to 16 in Samangan coal mine blast

10th June, 2020 · admin

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

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Posted in Economic News | Tags: Coal Mining in Afghanistan, Mining, Samangan |
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Ghani Orders Termination of Gold, Copper Mining Contracts

1st December, 2019 · admin · 1 Comment

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

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Posted in Economic News | Tags: Ashraf Ghani, Mining, Natural Resources |
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British Mining Venture Signs Exploration Deal in Afghanistan

6th October, 2018 · admin

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

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Posted in Economic News | Tags: copper, Gold, Mining, Natural Resources |
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Afghan mining revenue increases in 2017

11th February, 2018 · admin · 2 Comments

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.

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Posted in Economic News | Tags: Mining |

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