Afghanistan's Taliban signs mining contracts worth $6.5B

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Afghanistan's Taliban signs mining contracts worth $6.5B
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The seven contracts, which include the extraction and processing of iron ore, lead, zinc and gold in four provinces, are with locally based companies, many of whom have foreign partners in countries including China and Iran.

Mining will be conducted in four provinces: Herat, Ghor, Logar and Takhar. / Photo: AP Archive

The seven contracts signed on Thursday are with locally based companies, many of whom have foreign partners in countries including China and Iran. They include the extraction and processing of iron ore, lead, zinc and gold in four provinces: Herat, Ghor, Logar and Takhar. Any figures given for the deals could be misleading unless they lead to fully realised mining operations on the ground, which could take years, said Javed Noorani, an expert in Afghanistan's mining sector.

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