Govt to spend Rs8.6mn on mines/ores exploration

[SHAMK9]

LAHORE: Punjab government will spend Rs8.6 million on minerals and ores exploration across the province during current fiscal year.

"Pakistan has large scale mines and ores but due to lack of modern technology this hidden potential remained untapped over the years," official sources told APP on Monday.

The government had undertaken ten projects related to minerals and ore sector but there was little development in this regard. However, during current fiscal sources the government intends to establish mining estate in Dera Ghazi Khan, Mianwali, Chakwal and Khushab while spade work at iron mines in Chiniot was underway.

According to experts, there are large iron deposits in these areas. The government is carrying out a study to assess coal reserves in Potohar region. According to an estimate vast reserves of coal are present in the area and the government would start two mega projects to produce power from coal, said the sources.

Copyright APP (Associated Press of Pakistan), 2012
http://www.brecorder.com/pakistan/business-a-economy/76820-govt-to-spend-rs86mn-on-minesores-exploration.html

 

[Edevelop]

LAHORE: Punjab government will spend Rs8.6 million on minerals and ores exploration across the province during current fiscal year.

"Pakistan has large scale mines and ores but due to lack of modern technology this hidden potential remained untapped over the years," official sources told APP on Monday.

The government had undertaken ten projects related to minerals and ore sector but there was little development in this regard. However, during current fiscal sources the government intends to establish mining estate in Dera Ghazi Khan, Mianwali, Chakwal and Khushab while spade work at iron mines in Chiniot was underway.

According to experts, there are large iron deposits in these areas. The government is carrying out a study to assess coal reserves in Potohar region. According to an estimate vast reserves of coal are present in the area and the government would start two mega projects to produce power from coal, said the sources.

Copyright APP (Associated Press of Pakistan), 2012
Govt to spend Rs8.6mn on mines/ores exploration

umm not sure about this... Using Coal to produce power, would mean a dirty environment. I heard that the countries who are using this method, see an increase of health problems in people. Just alone in the U.S, 20,000 people die/year.

The whole world is moving towards renewable energy. I think Pakistan should start looking at Solar and Wind. The potential in our part of the world is absolutely phenomenal.