Officials of the Ministry of Mines and Petroleum say that the government's share of mining contracts is between 13 and 53 percent, depending on the type of mines and minerals.
The government's share of mining contracts is between 13 and 53 percent depending on its nature
5 Nov 2024 - 9:42
Officials of the Ministry of Mines and Petroleum say that the government's share of mining contracts is between 13 and 53 percent, depending on the type of mines and minerals.
Afghan Voice Agency (AVA) - Kabul: The Ministry of Mines and Petroleum says that the Islamic Emirate's share of mines assigned to domestic and foreign companies ranges from 13% to 56%.
Homayoun Afghan, the spokesman of the ministry, has emphasized that all mines in Afghanistan have been handed over based on free competition between companies, and full transparency has been included in this process.
The spokesperson of the Ministry of Mines and Petroleum added: "The percentage of the Islamic Emirate's share depends on the nature of the mines and minerals. For example, the Islamic Emirate's share is 13% in iron mines, 19.5 to 20% in copper, 20 to 50% in lead and zinc, and 56% in gold mines.
At the same time, Sakhi Ahmad Peyman, the first deputy of the Chamber of Industries and Mines, said: "Every large mine that is extracted, a part of its income should be allocated to infrastructure projects in order to create economic movement. "Currently, some projects, such as ring roads, are financed through mineral resources."
It is worth mentioning that after the establishment of the Islamic Emirate, various mining contracts were signed with domestic and foreign companies. It has also been said that illegal mining has been prevented in the last three years.
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