Iron – The Telegraph India reported that Afisco, the SAIL-led consortium that plans to mine iron ore at Hajigak in Afghanistan, is “on the verge of signing an agreement” to start the project, said C.S.Verma, chairman of the state-run steel behemoth.
INN Senior Editor Andrew Topf spoke with Atiq Sediqi, senior advisor with the Afghanistan Ministry of Mines, at the recent PDAC conference. Sediqi touched on a number of aspects of mining and mineral exploration in Afghanistan, providing a summary of its geological potential and an update on the security situation.
Oil – A brief overview of oil price developments, supply and demand and significant market movers.
Rare Earth – Investors are keenly anticipating the announcement that Japan will begin importing rare earths from India and see the move as a potential game changer for the REE market.
Copper – Afghanistan’s political future remains uncertain, but there is no doubt about its copper wealth. The Afghan government is eager to learn from the best practices of major mining groups, but competition to tap into the country’s copper riches is heating up among miners both large and small.
Iron – Mining Weekly reported Kilo Goldmines (TSXV:KLG) is the preferred bidder for an iron ore mine in Afghanistan.
Iron – IBTimes reported the consortium of seven Indian companies that won mining rights to develop an Afghan iron ore deposit has requested government help.
Gold – IBTimes reported that Afghanistan is issuing tenders on gold properties in an effort to reduce dependence on international aid.
Gold – Bloomberg reported that Afghanistan is inviting bids to explore several mineral properties in the company.
Iron – Mining Weekly reported a consortium of Indian companies is looking for $600-million in government funding.
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