The Ministry of Mining and Oil Industry of "Taliban" signed agreements on the development of seven fields totaling more than $6.5 billion.
Acting Minister of Oil and Mining Shahabuddin Delawar, speaking to the press, said that there is full transparency in mining contracts and that illegal mining and smuggling have been prevented, reports TOLOnews.
The gold mine in Takhar province will be acquired by China-Afghanistan Company and Zarawar Afghanistan Private Company, which will invest $310 million in the project.
The development of the Mes Aynak mine in Logar province will be handled by the private company Turia, which will invest $411 million in the project.
Afghan Invest and Turkish Epcol have received a contract for lead mining in the Tulak region of the Gor province. These companies are expected to invest $537 million in the mine.
The site of the Ghoryan iron mine in Herat province has been transferred to the development of Watan Darakhshan, which plans to invest $2.8 billion.
Saheel Middle East Mining & Logistics Company in cooperation with Afghan Dara-e-Noor and Turkish Epcol has received a contract for the development of the second section of Ghoryan. The investment will amount to $874 million.
The third section of the iron mine was given to the Afghan company Shams and British GBM and AD Resources, which will invest $572 million in the project.
The contract for the development of the fourth Ghoryan section was awarded to the Bakhtar Steel Company and its Iranian partners Ahya Sepahan and Persian. They intend to invest $1.17 billion in the project.
The total value of minerals in Afghanistan is estimated at $1 trillion.
