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Afghan mineral wealth may be greater: $3 trillion - ASHARQ AL-AWSAT English Archive
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KABUL, Afghanistan (AP) – An Afghan mining official says the untapped minerals in the war-torn country are worth at least $3 trillion, triple a U.S. estimate.

Minister of Mines Wahidullah Shahrani said Thursday he’s going to Britian next week to discuss how to attract foreign investors to mine one of the world’s largest iron ore deposits in Bamiyan province. The relatively safe area is in the heart of the war-torn nation.

The U.S. Department of Defense earlier said Afghanistan’s reserves of iron, copper, cobalt, gold and other prized minerals could be worth $1 trillion. Shahrani says that’s conservative.

The ministry has been working with international partners to assess Afghanistan’s mineral reserves and improve the expertise of Afghan geologists.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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