KABUL (PAN): Nearly 200 international firms have shown their interest to invest in Afghanistan's mines, especially in the Hajigak iron ore deposit, said the mines minister on Wednesday.
Speaking to reporters here, Wahidullah Shahrani announced to tender the Afghan-Tajik oil block in early 2011 and the smaller Kashquri oil block and Shiberghan gas block in September.
PUL-I-ALAM (PAN): 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 project.
In the history of Afghanistan’s 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.
KABUL (PAN): The Afghanistan National Front (ANF) on Wednesday said though the participation of high government officials’ kin in the bidding process was unlawful, yet most mining contracts were awarded to relatives of President Hamid Karzai and his aides.
ANF spokesman Faizullah Zaki told a press conference in Kabul that under Afghanistan’s mines and hydrocarbon laws, relatives of high government officials could not take part in the bidding process for government contracts.
KABUL (PAN): The United States would invest $297 million in Afghanistan to establish coal energy producing plants and iron-sulphur separation laboratories, besides developing a gas field, the mines minister said on Monday.
SAR-I-PUL (PAN): A Chinese firm on Sunday launched exploration work on an oil and gas field at the Amu River’s basin in northern Sar-i-Pul province in presence of high-ranking Afghan officials.
Chinese state-owned China National Petroleum Corporation (CNPC) last year won a bid to develop the oil blocks.
First-Vice President Marshal Mohammad Qasim Fahim, ministers of interior, finance and mines, governors of Sar-i-Pul, Jawzjan and Faryab provinces and Chinese ambassador to Kabul attended the ceremony.
KABUL (PAN): Endorsing a deal with China on developing a small oil and gas field in northern Afghanistan, the Cabinet on Tuesday agreed to the creation of a joint working committee to explore energy deposits at the Amu River basin.
Last year, state-run China National Petroleum Corporation (CNPC) won the first oil deal in Afghanistan after signing a contract with the government to develop the oil-field in Sar-i-Pul province.
KABUL (PAN): Minister of Mines Wahidullah Shahrani on Tuesday alleged some neighbouring countries were threatening mega mine projects in order to impede Afghanistan’s economic revival.
"History shows that the enemies of Afghanistan have always tried to block fruitful projects and economic development of the country," Shahrani told a news conference in Kabul.
KABUL (PAN): A Canadian firm would ascertain the level of oil reserves in areas between the Aqina dry port and Andkhoi district in northern Faryab province over the next three months, officials said on Tuesday.An agreement to the effect was inked between Minister of Mines Waheedullah Shahrani and John, the head of a Canadian oil exploration company, known as Terasize Limited, in the capital Kabul.Under the $6.5 million project, the Canadian firm will search fuel reserves in a 236 square kilometres area in a region believed
KABUL (PAN): Minister of Mines Wahidullah Shahrani on Tuesday alleged some neighbouring countries were threatening mega mine projects in order to impede Afghanistan’s economic revival.
"History shows that the enemies of Afghanistan have always tried to block fruitful projects and economic development of the country," Shahrani told a news conference in Kabul.
