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Reko Diq, a small town in Chagai District, Balochistan, in the view of development expert Syed Fazl-e-Haider, contains under its sands some The copper-gold deposits at there binare optionen mit maximalem gewinnering believed to be even bigger than those of Sarcheshmeh in Iran and Escondida in Chile.
But the Reko Diq copper and gold mine contracts awarded to foreign investors have come under threat in recent months as the provincial government has threatened to cancel the mining rights awarded to a consortium led by the Canadian mining giant Barrick Gold Corporation and the Chilean mining company Binare optionen mit maximalem gewinnering. The Thar coal field containing billion tons of good quality lignite, can be used for power generation and gasification.
The Duddar lead-zinc deposits in Balochistan being developed by Pakistan Mineral Development Corporation PMDC have come into production to producetons of zinc concentrates and 33, tons of lead concentrates for export. Two visionary leaders of Pakistan, Zulfiqar Ali Bhutto and Benazir Bhutto had deep-rooted interest and plans for the development of the natural resources of Pakistan.
Unfortunately, it could not be fully implemented at the provincial level owing to a host of reasons like delays in setting up the Mineral Investment Facilitation Authority and the ever-changing political situation.
In the recent past, exploration by government agencies as well as by multinational and international mining companies presents ample evidence of the occurrences of sizeable minerals deposits which could be developed and utilized using an appropriate institutional and regulatory framework which the National Mineral Policy of clearly provides.
Currently about 52 minerals binare optionen mit maximalem gewinnering under exploitation although on small scale. The major production is of coal, rock salt and other industrial and construction minerals. The current contribution of mineral sector to the GDB is about 0.
Mining for these minerals and inviting corporations and companies, both national and international to develop these resources, will certainly be a welcome step in paving the way for generating revenue that can be invested in healthcare and education or used in any other way, beneficial for the well-being of the people of Pakistan.
Pakistan has accepted Chinese assistance to conduct a comprehensive scientific geological survey of Pakistan, which will be helpful in exploring oil, gas and mineral reserves. As a developing country and with a growing population, one of the most important resources of Pakistan after its mineral wealth is its human binare optionen mit maximalem gewinnering. Exploration, mining and utilisation of these abundant minerals may require a huge amount of captial but human labour is paramount for these three stage so carrying out these tasks would also contribute in increasing employment for the people of the areas where they are being conducted thus reducing a percent of unemployment rate.
The stumbling blocks that lay as the constraints with the mineral sector and are expected of the Government to remove are financial restraints, lack of technical knowledge, institutional mismanagement, lack of experts and low priority given to mineral extraction. The financial difficulties can be solved by handing over exploration and extraction projects to foreign companies or by negotiating joint ventures between them and local companies.
Institutional mismanagement can be avoided by ensuring the appointment of deft and adroit officers with the appropriate knowledge and experience on merit, who should be checked to insure that the set goals are being met in one of the many organizations formed for propounding facile solutions for the advancement of the mineral sector such as ; 1.
Geological Survey of Pakistan — Founded in the year for the investigation and mapping of mineral deposits. Pakistan Mineral Development Corporation —Established in the year for the exploration and marketing of all minerals.
Resource Development Corporation —Organized also in to investigate and develop copper mines at Saindak. While experts of this field can be hired to aid the work of the aforementioned organizations. With such a capacity for growth in this sector, Pakistan can undoubtedly use it for the betterment of the economy and development of the country itself. It is of time, that the Government not only realizes the potential in and resources of Balochistan and other provinces but also steps forward to utilize and develop them for the existence of these resources are equal to none if not developed but if they are, they will be the key to a new era in the history of Pakistan.
Talking to media after giving away the licenses for oil and gas exploration in Punjab, Sindh and Balochistan, Qamar said that licenses would be given to 37 new blocks. The covenants have been signed by the company owners and Secretary Petroleum.
The Balochistan government has chalked out a comprehensive plan to secure its financial resources by making investments in major oil, gas and mineral exploration companies operating in the province.
Official sources said here on Friday said that Chief Minister Nawab Muhammad Aslam Khan Raisani has taken all his cabinet colleagues on board and necessary directives had been issued to finance and binare optionen mit maximalem gewinnering departments for suggesting legislation in order to ensure safe utilisation of such assets. Binare optionen mit maximalem gewinnering Balochistan government would make binare optionen mit maximalem gewinnering use of its financial resources, which it was going to receive as arrears out of the Gas Development Surcharge and the allocations from the 6th NFC Award.
The chief minister has desired that after ear marking necessary funds for development and non-development expenditures efforts would also be made to apportion a sizeable amount of money to buy major shares in PPL, OGDCL, Gwadar Port and Gwadar Free Trade Zone. The government has already constituted a board of governors to oversee binare optionen mit maximalem gewinnering project, headed by Dr Samar Mubarak Mand, the renowned nuclear scientist, as its chairman.
The Balochistan government has decided to take over the Reko-Dig Copper and Gold project and cancel the agreement with the TCC on the grounds that the TCCP violated the provision of clause 14 1 of joint venture agreement by transferring its share to other companies at the exploration stage and without the consent of the second party, the government of Balochistan.
The government from the outset was insisting to set up a refinery plant in Balochistan but the company was reluctant to do that and the CEO of the company had confirmed the same in a meeting with Board of Investment in Sept The TCCP was required to establish a mining academy for imparting training in the mining field to produce skilled human resource but the company was not willing to make investment for such academy.
This arrangement by the company was not acceptable to the government for it will not be having any approach and access to the produce of refinery plant proposed to be established outside Pakistan. The Mines and Mineral Development Department Balochistan having sufficient technical staff would indigenously run the project, sources said.
With the addition of oil production from Rajian-5 the total field production has jumped to 2, barrels oil per day from 1, barrels, says a press release issued here on Monday. The higher reservoir pressure and good production data revealed this is an un-drained lobe having higher API of 28 degrees as compared to Binare optionen mit maximalem gewinnering of other wells in Khewara Formation. Rajian-5 was spudded on December 13,and was drilled down to 3, metres in Khewra Formation of Cambrian age in six months.
Consequent to new 3D seismic interpretation, professionals from Exploration Prospect Generation and Reservoir Management Departments finalized the location binare optionen mit maximalem gewinnering Rajian Structure to test the northeast ward extension of the structure and to enhance the oil production from this field.
Four potential reservoirs including Khewra, Jutana, Torbra and Sakesaer were identified, keeping in view the good reservoir quality of Khewra, well was directly completed in Khewra Formation. After completion, well-flowed 1, barrels of oil and 1. The results of Rajian-5 will definitely upgrade the estimated reserves and producing life of the Rajian Field. Additional development wells will be drilled in future to enhance the production and drain this additional potential of Rajian Oilfield.
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