President Alvi stressed the need to use satellite imagery technology and modern mineral detection, analysis and exploration technologies, and to train relevant human resources in modern and safe mining methods. .
President Dr. Arif Alvi on Monday emphasized the need for close, meaningful and effective collaboration between federal and provincial governments, local authorities, and the public and private sectors to promote investment in the country’s mining and mining sectors. He was addressing a meeting of various private and public sector stakeholders regarding mineral exploration in Pakistan, here at the Aiwan-e-Sadr, the press wing of the President’s Secretariat said in a press release. hurry. Senior officials from the Ministry of Energy (Petroleum Division), Ministry of Commerce, Federal Revenue Office and Government of Gilgit-Baltistan attended the meeting.
The President said that Pakistan is endowed with huge high quality mineral resources like coal, copper, gold, gemstones, silver and rare metals which need to be explored and mined using tools and modern mining processes based on information technology to realize the full potential of the mining sector to bring a visible change in the socio-economic development of the country. He said that different regions of Pakistan were rich in minerals, oil, natural gas, rare metals and nuclear substances as well as precious metals, such as gold, silver, copper, zinc and many other minerals for industrial use which, if fully exploited through the creation of state-of-the-art refining and metallurgical processes, could help the country meet local industrial demand and earn valuable foreign exchange by exporting value-added mineral and metal products.
The president said issues related to the licensing of mining processes should be resolved, and the export of precious metal devices and the withholding policy should be targeted to promote the exploration of the hidden wealth, in addition to following international standards and best practices in mining and exploration. President Alvi stressed the need to use satellite imagery technology and modern mineral detection, analysis and exploration technologies, and to train relevant human resources in modern and safe mining methods. to make mining processes efficient, effective and safe. He called on stakeholders to hold workshops and seminars to discuss and review existing policies and relevant laws, rules and procedures, identify gaps and develop a comprehensive set of proposals and recommendations for the government to consider when developing policies for growth. and the development of mining and mineral exploration in the country. The President stressed the need to develop an effective research and development mechanism for the exploration, refining and creation of value-added mineral products by looping through relevant universities and research and development departments in the public and private.
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