March 2, 2008

Good news for Afghanistan's future

If they can kick the opium profiteering funding terrorism cycle. From Yahoo News/AFP:
Afghanistan sitting on a gold mine
Afghanistan is sitting on a wealth of mineral reserves -- perhaps the richest in the region -- that offer hope for a country mired in poverty after decades of war, the mining minister says.

Significant deposits of copper, iron, gold, oil and gas, and coal -- as well as precious gems such as emeralds and rubies -- are largely untapped and still being mapped, Mohammad Ibrahim Adel told AFP.

And they promise prosperity for one of the world's poorest countries, the minister said, dismissing concerns that a Taliban-led insurgency may thwart efforts to unearth this treasure.

Already in the pipeline is the exploitation of a massive copper deposit -- one of the biggest in the world -- about 30 kilometres (20 miles) east of Kabul.

"There has not been such a big project in the history of Afghanistan," Adel said.

A 30-year lease for the Aynak copper mine was in November offered to the China Metallurgical Group Corporation and the contract is being finalised.
And it gets better:
Studies of only 10 percent of the country have discovered abundant deposits of copper, iron, zinc, lead, gold, silver, gems, salt, marble and coal, the ministry says.

The USGS estimates there are about 700 billion cubic metres of gas and 300 million tonnes of oil across several northern provinces.

A Soviet survey estimated there are more than two billion tonnes of iron reserves, the ministry says.
I bet that once the Afghani people see that there is cash for them if they develop these resources and that it is the Taliban who wants to keep these resources for themselves, that the Taliban will find themselves less and less welcome. Couldn't happen to a nicer bunch of 9th century sons of pigs and apes... (who happen to worship a False Prophet by the way) Posted by DaveH at March 2, 2008 2:25 PM
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