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25 Eligible Companies Recognized To Invest In 2 Gold’s, 2 Copper Mines

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Saturday, April 21, 2012
Kabul (BNA) Out of 41 companies showed interest to invest in the gold and copper mines, 25 foreign companies have met the criteria.
Meantime, the minister for Mines Wahidullah Shahrani said that showing interest by so many companies reflects foreign firms interests in investing and developing economy in Afghanistan, saying the process would led to extraction of mineral in the country. 
The minister added that in line with five-year plan of the ministry, bidding for investment was held in London last year and 41 companies from US, India, Canada, UAE and many more countries expressed interest in investing in mines and out of these, 25 companies have met the criteria to invest in the envoys of these firms would visit these mines sits next month and would present their proposals. 
Minister Shahrani also said that gold mine in a territory of 1000 square kilometers 50 away of Faizabad the capital of Badakhshan, another mine is gold and copper mine in Zarkashan of Ghazni, another mine is the Balkhab copper mine in Saripul and Shida copper mine in Herat province. 
Feasibility survey had been conducted in 1960 and 1972 by Russian, German and American experts. 
The extraction of the minerals would begin after inking agreements with the winner companies.

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