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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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China illuminating their presence in Afghanistan more than before

  China’s inactivity in Afghanistan is becoming to an end and is more moving towards becoming Afghanistan’s most important mediator and investor, as the United States is getting ready to withdraw its troops from Afghanistan. Beijing maintained a “spectator” status

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Regional intelligence interrupting mining services in Afghanistan

Mining Ministry Waheedullah Shahrani said that insecurity in Afghanistan is lessening foreign companies’ interest in investing in the mineral sector of Afghanistan. Afghanistan’s mineral sector is considered one of the main sources of income for the country post-2014; however, officials

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UNESCO calls for the preservation of the historic sites in Logar

UNESCO expressed its deep concern with regard to the destruction of historic sites in Afghanistan. UNISCO officials declared that the historic sites discovered in Mis Ainak of Logar have been destroyed and continue to be destroyed, as the extraction of

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Copper extraction from Ainak mine to start next year

The process of digging historic relics at eight sites around the world’s largest copper mine in central Logar province is nearing completion and extraction work would be launched next year, a minister said on Monday. Discovered in 1974, the Ainak

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Indian, Canadian firms to invest $ 14.6b in Hajigak iron mine

An Indian consortium and a Canadian firm would jointly invest $14.6 billion (729.4 billion afs) in developing the Hajigak iron mine, an official said on Saturday. The mine in central Bamyan province, which is estimated to hold 1.8 billion tonnes

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