Afghanistan Awards Two Major Gold Mines for Investment
According to Homayoun Afghan, the spokesperson for the ministry, an investment worth $350 million has been made in the gold mine located in Samti Takhar.
Afghanistan is considered one of the richest countries in valuable mineral resources, particularly gold. Most gold mines are in the provinces of Badakhshan, Takhar, Kunduz, Baghlan, and Faryab.
"The Samti Takhar gold mine in Chah Ab district, one of the largest mines in the country, was awarded last year to a Chinese company and its Afghan partners. This five-year contract covers an area of 12 kilometers, and drilling activities are currently underway,” said Homayoun Afghan.
The Chamber of Commerce and Investment emphasized the importance of gold and other precious stones mines in Afghanistan and stressed the need to establish gold processing factories within the country to increase domestic revenue.
"We believe that traders and countries interested in purchasing Afghan gold should obtain these resources directly from within the country. All mineral resources should be processed inside Afghanistan and then offered to global markets,” said Jan Aqa Nawid, the spokesperson for the chamber.
Economic experts consider investment in the mining sector, particularly gold, to be effective in economic growth and reducing unemployment.
"If domestic and foreign investors invest in Afghanistan's mining sector, they can help reduce unemployment and contribute to the country's economic growth,” said Zabihullah Aslami, an economic analyst.
According to information from the Economic Deputy Prime Minister's office, investments worth 415 billion afghani were made last year in the exploration, extraction, and processing of 21 major mines in Afghanistan, including gold mines.
Source: https://tolonews.com