Economic future of Afghanistan grounded in Copper
News Release
Source: British Geological Survey (BGS)
February 21, 2007
A British Geological Survey (BGS) project funded by
the UK Department for International Development (DFID)
addresses the need to alleviate poverty in Afghanistan
by encouraging inward investment, commercial and
infrastructure development and provides an alternative
source of income to poppy cultivation.
Afghanistan is well endowed with mineral resources
such as copper, gold, iron ore and gemstones. During
the late 1970's and 1980's, Russian geologists carried
out wide ranging exploration surveys for metals. One
of the most advanced of these prospects, the Aynak
Copper Deposit, located 35 km south of Kabul, consists
of 240 Mt grading 2.3% Copper. This copper was formed
within marbles and schists deposited some 500 million
years ago.
Anthony Benham, project geologist at BGS explained:
"BGS geologists have been assisting the Afghanistan
Geological Survey (AGS) over the past two years with
scanning, digitising and re-interpreting data from the
Aynak Copper Deposit. My colleagues and I have created
a detailed three-dimensional model of the deposit. We
also helped in carefully archiving and cataloguing all
geological information and with rebuilding the AGS
library, museum and laboratories. Teaching English to
AGS geologists, developing computing capacity and
updating their geological knowledge have formed a
vital part of this project."
Assistance from the World Bank and BGS enabled the
Ministry of Mines in Afghanistan to prepare a new
Mining Law in 2005. This law will enable it to
effectively and efficiently manage an emerging mining
industry. The development of a minerals industry in
Afghanistan has a potential value of at least 300
million dollars a year.
In late 2006 tenders were invited for the Aynak
Copper Deposit. Currently expressions of interest have
been received from mining companies based in
Australia, India, Canada, Kazakhstan, China, USA and
Russia. Central to this tendering process is the
availability of the original Russian data now
translated into English and available in digital
format.
Much more detailed work remains to be carried out,
and multi-million dollar investment will be needed
before a mine can be brought into production, but the
BGS work forms the essential basis for these future
developments. Indeed BGS works world-wide in aiding
developing countries to rebuild their geological
infrastructure.
The BGS will be attending The Prospectors and
Developers Association of Canada (PDAC) Conference in
Toronto from 4 to 7 March 2007 and will be showcasing
their work in Afghanistan on Stand No. 1130.
-Ends-
Issued by the British Geological Survey Press
Office.
Dr. Marie Cowan, tel: +44 (0)28 9038 8462; mob: +44
(0)781 4212644; e-mail mtc@bgs.ac.uk |