- Joined
- Apr 24, 2021
Opium? Really?
The country has a wide range of minerals, from rare-earth elements to abundant iron ore and copper deposits, lithium, gold, and more — prized possessions in any modern-day economy.
On October 5, the government awarded two major copper and gold exploration contracts to Centar Ltd, a company founded by Ian Hannam, a former chairman at JP Morgan. The firm claims investors from several nations, including the United States. The British company will be digging for gold in Badakhshan and copper in Sar-i-Pul, both provinces located in northern Afghanistan. The signing ceremony at the Afghan embassy in Washington, D.C. was attended by the ministers of finance and mining and petroleum.

Afghan Mineral Wealth: A Double-Edged Sword
Much of Afghanistan’s hope hangs on its natural resources, but only if they can be exploited in a way that benefits Afghans.
thediplomat.com