Afghanistan cancels contract to US gold, copper miner
#0183;#32;Mining in Afghanistan. (Image courtesy of CENTAR Limited). The Balkhab copper project, on the other hand, is an earlystage exploration project covering a 500squarekilometre area.
#0183;#32;Mining in Afghanistan. (Image courtesy of CENTAR Limited). The Balkhab copper project, on the other hand, is an earlystage exploration project covering a 500squarekilometre area.
PULIALAM (): An official of China''s Metallurgical Group Corporation (MCC) said on Saturday said around 360 million had been invested in the Ainak copper mine so far and the company would never abandon the the history of Afghanistans mining sector, the largest contract for the development of the Ainak Mine in central Logar province was inked with the MCC on May 25, 2008.
#0183;#32;China and Afghanistan remain deadlocked over a stalled 3 billion copper mine five months after Beijing demanded royalties be slashed by almost a
The Balkhab Copper Mine is located in the SarePul and Balkh Provinces in north central Afghanistan, approximately 130 km southwest of MazariSharif, the capital of Balkh province. There is evidence of mineral extraction activities at Balkhab going back almost 3,000 years, likely to have been continuous mining of copper via surface and underground workings.
The copper project in Balkhab district in Sare Pul is an early stage exploration project covering 500 square km, with development due to begin in early 2019, Centar said.
Copper Mining in Afghanistan. The Afghan economy, including its industrial sector, continued to be dominated by agriculture in 2006. Until that time, the mineral resources of Afghanistan were relatively underexplored from a global perspective.
#0183;#32;Aynak is a large undeveloped copper resource, located about 40 km southeast of Kabul in Afghanistans Logar province. After a competitive bidding process, the government of Afghanistan in 2007 awarded a 30year lease to the Metallurgical Corporation of China (MCC, which then created the Afghan entity named MJAM) to explore the resource and submit a
Mes Aynak, also called Mis Ainak or MiseAinak, is a site 40 km southeast of Kabul, Afghanistan, located in a barren region of Logar Province. Mes Aynak contains Afghanistan''s largest copper deposit, as well as the remains of an ancient settlement with over 400 Buddha statues, stupas and a 40 ha monastery complex. Archaeologists are only beginning to find remnants of an older 5,000yearold Bronze Age
#0183;#32;It stipulates that copper production will commence in the fifth year of the 30year lease, with the extracting, smelting, and processing of the raw copper to take place in Afghanistan.
#0183;#32;But its not Taliban fighters camped in nearby mountains who are threatening to destroy some 400 Buddhist treasures and a monastery complex dating back several thousand years that lie at the site of Mes Aynak. Instead it is a gigantic mining operation. A Chinese firm with a contract to dig up valuable copper ore that lies beneath the site is waging a battle against Afghan and foreign
Mining in Afghanistan. (Image courtesy of CENTAR Limited). The Balkhab copper project, on the other hand, is an earlystage exploration project covering a 500squarekilometre area.
Vancouver, BC Granite Creek Copper Ltd. (TSXV: GCX | US OTC: GCXXF) (Granite Creek or the Company) and Copper North Mining Corp. (TSXV: COL) (Copper North) are pleased to announce that, further to their news release dated August 31, 2020, Granite Creek has completed its acquisition of Copper North. The transaction combines Copper Norths PEAstage Carmacks CopperGold
Tag quot;Afghanistan Copperquot; Back to homepage. Afghan government signs 86 mining contracts with private companies. Wadsam August 2, 2016 The Afghan Ministry of Mines and Petroleum has signed 86 mining contracts with different private sector companies during the past four months. Addressing a press conference on Tuesday in Kabul,
Afghanistan has some ambitious plans to develop its undoubted mineral potential which could see a 200,000 t/y copper mine producing within about another three years and first iron ore from a massive deposit (which His Excellency Widull Shrani, the Minister of Mines, describes as the worlds largest) within five years.
The Shaida Copper Mine is situated in the western region of Afghanistan in the Adraskan District of the Herat province, 65 km SouthWest of the city of Herat and 50 km SSW of Gozareh. It is anticipated that Gozareh will act as the logistics city for Herat Province.
The excavation of three mines has been awarded to three joint venture partnerships between Afghanforeign companies, the Ministry of Mines said Monday.
Afghanistan has a massivedeposit of copper. If this natural resource is properly utilised the country could become a major hub of copper export in the world. The Ministry of Mines and Department of Geological survey say as many as 242 sites of copper mines have been identified in Afghanistan out of which the Aynak, Balkhab, Shaida and Zarkashan are the bigger ones.
An interesting NBC article from 2009 discussing Chinas involvement in Afghanistan, and the Aynak copper mine in particular.. In addition to setting up the copper production infrastructure, which includes a smelter, power generation station, coal mine and groundwater system, the Chinese joint venture is also building roads, Afghanistans first national railway, new homes for villagers who