· Afghanistan's archaeologists are scrambling to save a 5,000yearold city that sits atop a massive copper mine.
· This means several global entities, from governments to multinational corporations, are likely to want access to them for their own ends. When, not if, new sanctions are issued, intermediary actors and politically exposed persons (PEPs) are likely to be leveraged to engage with Taliban forces to access the resources.
· All this is justified commercially by the expectation that this mine will produce 450,000 tonnes of copper a year, making it one of the world's five biggest mines, as well as being a big gold ...
· Here's What A TalibanControlled Afghanistan May Mean For China ... including in copper mining in Logar province. But security and other issues have meant no mining has ever begun.
· One of the Asian powerhouse's mining giants, the Metallurgical Corporation of China (MCC), already has a 30year lease to mine copper in Afghanistan's barren Logar province.
· In this photograph taken on May 6, 2013, Afghan miners work at a gold mine on a mountainside near the village of Qara Zaghan in Baghlan province.
· The Taliban, on the heels of a steady, monthslong military blitz, retook control of Afghanistan last week, just four months after President Biden .
· Its major investments there, the Aynak copper mine and the Amu Darya energy projects, have been in stasis for many years. There have been numerous discussions about Afghanistan's involvement in the Belt and Road Initiative, including connections to the ChinaPakistan Economic Corridor, but Beijing's view has been that, in Afghanistan, stability has to precede serious new .
· Afghanistan is very rich with very special socalled rare earth minerals, like lithium and tantalum, which is used in medical appliances. Beryllium. All these metals are necessary for modern electronics and hightechnology products. Afghanistan also has very large iron and copper mines, which I will come to.
· Immediately after the New York Times published a report last week of the Pentagon's "discovery" of nearly 1 trillion worth of mineral reserves in Afghanistan, the backlash began. The ...
· Significance of Mineral Resources in Afghanistan. Afghanistan has abundant natural resources. This includes vast reserves of gold, platinum, silver, copper, iron, chromite, tantalum, lithium, uranium, and aluminum. In the north and south, there are several hydrocarbon sites. The country also has massive deposits of dimension stone.
· But I don't think that means peace and goodwill are going to settle over the country just like that. ... The Chinese have an interest in mining the Afghans' natural resources, such as copper.
· Archaeologists are in a race against time to salvage what they can from a recentlydiscovered ancient monastery in Afghanistan the site of a new copper mining venture.
· Just last year, Afghanistan's minister of mines was accused by American officials of accepting a 30 million bribe to award China the rights to develop its copper mine.
· Security concerns aside, Luft points out that it took years for Chile to build the rail and road infrastructure that gets its huge copper mines running, and before Afghanistan can become a serious ...