Tuesday, November 11, 2014
Afghan Mineral Wealth Awaits
Afghanistan has an immense reservoir of mineral wealth that remains untapped. Afghanistan's economic future can certainly change if security is established, infrastructure improved (electricity, roads, and railroads), and minerals extracted for export. However the infrastructure cannot be improved to a sufficient degree until security is established. And there is the rub. There is little confidence that the Afghan National Security Forces can establish security to the degree necessary for infrastructure improvement. The two biggest mineral development projects - the Hajigak Iron Ore Mine in Wardak province and the Mes Aynak Copper Mine in Logar province are on hold until security is sufficient. Read more in "War, uncertainty keep Afghanistan from unlocking vast mineral wealth", Business Vancouver, November 10, 2014.