Award of Shaida Copper Mineral Occurrence Exploration License

firoz_admin
Wed, Sep 25 2019 8:46 AM
zzz

H.E Nargis Nehan, acting minister of Mines and Petroleum and H.E Dr. Mohammad Humayon Qayoumi senior advisor to the president in infrastructure matters and acting Minister of Finance visited Herat province to award exploration license of Shaida Copper mineral occurrence.

Ministry of Mines and Petroleum held a ceremony in Herat provincial hall and awarded the exploration license. The ceremony was participated by H.E. the governor of Herat, representatives of Heart people, provincial council members, directors of MoMP, and MoF, Herat local directors, businessmen and tribal leaders of Herat province.

The license, after being signed and the exploration programs of the bidder are assessed, and finally approval by HEC, avails the contractor a three-year exploration opportunity of the mine. As per preliminary assessments, Shaida Copper mineral occurrence is categorized as large scale mining. The mineral occurrence is located in Herat province [Guzara and Adraskan district].

Exploration operation is a crucial prerequisite to extraction, without which, the extraction phase cannot begin. Therefore, the foregoing contractor shall legally initiate operations in this phase after receiving the license. The project cost is estimated to be around 21.3 million USD, which shall be invested by the Silk Road Mining and Development Co. The contractor is obliged to spend around 1 million USD for capacity building, and about 200 thousand USD for carrying out regional social services.

It is worth to be mentioned that in accordance with the executive plan, locals should constitute 95% of the project implementation workforce. This is a promising opportunity to creating hundreds of direct and indirect employment opportunities for the Afghan citizens.

Latest news

Thu, Feb 20 2020 11:42 AM
Background image

38 small and large mining, 147 construction material projects have been sent to bid

Kabul, Afghanistan: Ministry of Mines and Petroleum have prioritized 38 small and large mineral mining and 147 construction projects in the fiscal year 1398. The projects have been. . .

Wed, Feb 19 2020 12:12 PM
Background image

Acting Minister of Mines and Petroleum Met with the World Bank Representatives

Acting Minister of the Ministry of Mines and Petroleum Enayatullah Momand, held a meeting with representatives of the World Bank on the Afghanistan Gas Development Project, funded by. . .

Tue, Feb 04 2020 1:39 PM
Background image

MoMP awarded 10 Small-Scale Mining project licenses to the domestic companies

Ministry of Mines and Petroleum awarded 10 Small-Scale Mining projects licenses according to the provisions of the mining law to the domestic companies during a ceremony at MoMP’s. . .

BACK TO NEWS