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MCC spurns reports about Aynak project heading for failure

Officials of the Metallurgical Group Corporation (MCC) have rejected reports about the Mes Aynak project headed for failure and assured that the company would never abandon the project. The project was running at a tepid pace due to poor security

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Chinese firm asking for amendments to the Aynak Copper contract

The Chinese consortium that won one of Afghanistan’s largest natural resources concession, the Aynak Copper Mine, has claimed that the development commitments from their side were “conditional”. As per the contract, the China Metallurgical Group Corporation (MCC) is bound to

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Chinese workers in Mes Aynak have warned to quit working on the site

Workers of the Metallurgical Corporation of China (MCC) have warned of quitting working on the Mes Aynak copper mine in central Logar province if their security was not strengthened. The six years old Mes Aynak project is running at a

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Afghanistan Starting Crude Exports This Year

China’s largest oil company is due to start commercial production of crude oil in Afghanistan shortly, heralding a resource boom that could transform the country’s economy over the next decade, the country’s mining minister said. Extraction of metals and oil

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AFGHANISTAN MOVES TO SALVAGE ANCIENT BUDDHIST CITY MES AYNAK — AND ITS ECONOMY

MES AYNAK, Afghanistan — It had the potential to be another Afghanistan Buddha disaster, recalling the Taliban’s destruction of two ancient statues that had stood for centuries in this country’s west: A buried Buddhist city lost to time was about

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Delays at Chinese-Run Afghan Mines Raise Security Fears

Source: Wall Street Journal By Maria Abi-Habib, Yaroslav Trofimov and Ziaulhaq Sultani BAMIYAN, Afghanistan—Foreign investment in Afghanistan’s mining sector was meant to bring peace and prosperity. But here in Bamiyan province, it has so far put locals out of jobs

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Copper extraction in Sar-e-Pul to begin soon

Mines Ministry officials said the bidding process for copper extraction in Balkhab district of Sar-e-Pul province is completed and the winning extraction company is to be announced soon. The extraction work is expected to start next year. According to the

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Railroads-a must for Afghanistan mining

Researchers working for the U.S. military have drafted an 80-page report concluding that Afghanistan’s lack of railroad may be an obstacle to transforming its USD 1 trillion in mineral deposits into an economic engine. Afghanistan must develop a railway network

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