Topic: Afgan mineral deposits estimated at usd3 trilion....all I can say is wow!!!
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KABUL, Afghanistan — Afghanistan's untapped mineral wealth is worth at least $3 trillion – triple a U.S. estimate, according to the government's top mining official, who is going to Britain next week to attract investors to mine one of the world's largest iron ore deposits in the war-torn nation.
Geologists have known for decades that Afghanistan has vast deposits of iron, copper, cobalt, gold and other prized minerals minerals, but a U.S. Department of Defense briefing this week put a startling, nearly $1 trillion price tag on the reserves. Minister of Mines Wahidullah Shahrani said Thursday that he's seen geological assessments and industry estimates that the minerals are worth at least $3 trillion.
"Afghanistan has huge untapped natural energy and mineral resources which have enormous potential for our economic development," Shahrani said. "Ensuring that this is done in the most transparent and efficient way while delivering the greatest value to the country is a priority of the government."