It is also the site of ancient Buddhist ruins. The ruins sit atop 450 million metric tonnes of copper ore. In 2007, the Afghan government signed a 30-year lease agreement to develop the Mess Aynak mining project with a consortium of state-owned Chinese mining companies including China Metallurgical Group Corporation (MCC) …
SHAST BANDARI: Chinese engineers and the Taliban government broke ground in Afghanistan on Wednesday on a project to mine the world's second-largest copper deposit after a 16-year delay caused ...
China's angling for high-value deposits has pushed some U.S. leaders to advocate mining as a way to reengage with Afghanistan and the Taliban, with the dual benefit of helping Afghans build ...
Chinese engineers and the Taliban government broke ground in Afghanistan on Wednesday on a project to mine the world's second-largest copper deposit after a 16-year delay caused by war.
Mes Aynak is a site 40 km southeast of Kabul, located in a barren region of Logar Province. The site contains the world's second largest copper deposit which looms as major revenue source for Afghanistan. The Aynak is …
The autocratic religious group is now "committed to safeguarding" China's Metallurgical Group's copper mine in Afghanistan.
The Largest Copper Mines in the World. Copper is one of the most-used metals in the world, for good reason. Global copper production has expanded with populations and economies, especially in China, which consumed 54% of the world's refined copper in 2020. Copper's demand comes from various industries, ranging from …
UNDERGROUND MINING Taliban presses China for Aynak copper mine progress. Afghanistan's Taliban-led government urged China to launch operations at the Aynak copper mine, the world's second-largest copper deposit, during a meeting with Beijing's special envoy on Monday.
The company and MCC took on a 30-year lease for the mine in 2008, which has an estimated reserve of 11.08 million tonnes of copper. Jiangxi Copper holds a 25 …
Kabul [Afghanistan], June 8 (ANI): A Chinese company has demanded the revision of the contract in the Aynak Logar copper mining project – at Mes Ayank a site situated 40 km southeast of Kabul in the barren region of Logar Province. The site contains the world's second-largest copper deposit. Bakhtar state news agency reported that […]
The Taliban say they have signed mining contracts worth billions of dollars in Afghanistan. They've been courting foreign investment since their takeover two years ago to revitalize the economy, pinning their hopes on the country's vast and untapped mineral resources. ... an expert in Afghanistan's mining sector. "The Taliban know ...
July 25, 2024. By RFE/RL's Radio Azadi. China Breaks Ground On Massive Afghan Copper Mine After 16 Years Of Delays. Taliban security personnel surround an excavator at …
A consortium of Metallurgical Corp of China (MCC), opens new tab and Jiangxi Copper, opens new tab took on a 30-year lease for the largest copper project in the country, Mes Aynak, in 2008.
China and the Taliban initiate a long-delayed copper mining project in Afghanistan, aiming to tap into the country's vast mineral wealth despite security challenges.
Text size. Chinese engineers and the Taliban government broke ground in Afghanistan on Wednesday on a project to mine the world's second-largest copper …
In 2007, Jiangxi Copper, then the biggest refined copper producer in China, partnered with Metallurgical Corporation of China (MCC), a subsidiary of state miner-trader Minmetals, signing a $2.83 billion deal with the Afghan government to mine the project for 30 years.
China's renewed interest in Afghanistan came after the fall of the United States-backed Afghan government. Independent Chinese investors were making inroads, albeit weak and flailing attempts ...
China starts work on Afghan copper mine long stalled by war. SHAST BANDARI: Chinese engineers and the Taliban government broke ground in …
KABUL: Chinese engineers and the Taliban government broke ground in Afghanistan on Wednesday on a project to mine the world's second-largest copper deposit after a 16-year delay caused by war.
Unconfirmed rumours allege that China, which has stakes in other major copper deposits, not only inside China, but around the world, such as the Las Bambas mine in Peru, the Chuquicamata mine in Chile, and the Tenke Fungurume mine in the Democratic Republic of Congo, has been mainly interested in occupying the site in Mes …
As US exits Afghanistan, China eyes $1 trillion in minerals. ... investors led by state-owned Metallurgical Corp. of China Ltd. won an almost $3 billion bid to mine copper at Mes Aynak, near Kabul
3 min read. Afghanistan's Taliban administration this week began construction of a road to the remote site of a huge copper mine that Metallurgical …
China's Jiangxi Copper Co Ltd said on Monday that it and the Metallurgical Corp of China (MCC) are monitoring the situation in Afghanistan and will push forward with the Mes Aynak copper mine when ...
Before Taleban: Former President Ashraf Ghani visiting China in October 2014. Photo c/o Khaama Press. Like a bolt out of the blue, Afghanistan's new mining minister Daud Shah Saba – a geologist and nominee of President Ashraf Ghani – has put the major Sino-Afghan project of economic cooperation into question. In an under …
Afghan children pose for photos at an internally displaced persons (IDPs) camp in Kabul, capital of Afghanistan, Nov. 20, 2021.Photo:Xinhua. A Chinese company's copper mine project in Afghanistan ...
By RFE/RL's Radio Azadi July 25, 2024. Chinese engineers and the Taliban government officially started work on a massive project in Afghanistan to mine the …
Talks are underway on the resumption of the Aynak Copper Mine in Afghanistan, the world's second-largest copper ore body, which had been put on hold due to multiple factors, including regional ...
Description of the conflict case. Located 40 km southeast of Kabul, in Logar Province, Mes Aynak is the world's second largest copper deposit discovered to this …
State-owned China Metallurgical Group Corporation (MCC) started construction on a 25km (15.5 mile) road to the Mes Aynak Copper Mine, one of the largest untouched copper deposits in central ...
A high-profile Chinese investment project in Mes Aynak has already been in limbo for 14 years. State-owned Metallurgical Group in 2007 won the bid to operate the largest Afghan copper mine project ...