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Exciting news from Islamabad! Pakistan and Miracle Saltworks Collective Incorporation, a US company, have inked a deal to enhance the value of Himalayan Pink Salt and boost exports. Caretaker Prime Minister Anwaar-ul-Haq Kakar hailed this agreement as a game-changer for our economy, showcasing foreign investors' trust in our policies with a whopping $200 million investment. Highlighting the importance of maximizing our mining sector's potential, PM Kakar emphasized the government's efforts in simplifying procedures and providing support to investors through the Special Investment Facilitation Council. Caretaker Energy Minister Muhammad Ali outlined plans for a state-of-the-art plant to process pink salt for export, aiming to tap into Pakistan's abundant reserves. With ambitions to elevate minerals' contribution to our economy to five percent within five years, the focus extends to minerals like copper, gold, silver, and more, with untapped reserves awaiting exploration, including nickel, lithium, and cobalt. #PakistanEconomy #InvestmentOpportunity #MiningSector #EconomicGrowth #Pakistan #export #minerals #event #investors #project

Pakistan and Miracle Saltworks Collective Incorporation, an American company, signed a deal in Islamabad to enhance the value of Himalayan Pink Salt and boost its exports. Caretaker Prime Minister Anwaar-ul-Haq Kakar stated that the $200 million investment is a significant development for the country's economy, showcasing foreign investors' trust in Pakistan's economic policies. Emphasizing the importance of the mining sector, Kakar highlighted the government's efforts to simplify rules and procedures for investors. A Special Investment Facilitation Council has been established to assist investors. The government aims to support investors and increase the contribution of minerals to the economy, including pink salt and other reserves like copper, gold, silver, chromite, lead, zinc, graphite, nickel, lithium, and cobalt. #Pakistan #export #minerals #investment #project #sparkpakistan

The Pakistan Mineral Development Corporation (PMDC) has initiated the process of executing an agreement with an American company for the export of pink salt, marking a significant milestone in tapping into the country's mineral resources. The establishment of the Mines and Minerals Division at the federal level highlights the commitment to unlocking the potential of the mining sector . With a focus on aligning mineral policies and regulations across the nation, the division aims to rejuvenate the mineral industry. The Special Investment Facilitation Council (SIFC) plays a key role in facilitating both domestic and foreign investment in the mineral sector. The coordination between federal and provincial authorities is expected to streamline procedures and create an investment-friendly environment. This strategic initiative not only demonstrates Pakistan's commitment to harnessing its mineral wealth but also showcases its willingness to engage in international partnerships for mutual economic progress and development. #Pakistan #Pinksalt #Export #Import #Mineral #USA

Pakistan and an American company, Miracle Saltworks Collective Incorporation, signed a deal in Islamabad to add value to Himalayan Pink Salt and boost its exports. During the signing event, Caretaker Prime Minister Anwaar-ul-Haq Kakar said the agreement is a big deal for our country's economy. It shows that foreign investors trust our economic policies. They're investing $200 million in this project, which is great for our economy. Anwaar-ul-Haq Kakar also talked about how important it is to make the most of our mining sector to grow our economy. He mentioned that Pakistan has made it easier for investors by making rules clear and procedures simple. There's a Special Investment Facilitation Council set up to help investors. The Prime Minister assured that Pakistan is ready to support investors and make it easier for them to invest here. Caretaker Energy Minister Muhammad Ali mentioned that a modern plant will be built to crush and pack pink salt for export. Pakistan has a lot of pink salt reserves, but we're only using a small amount of them. Currently, minerals contribute very little to our economy, but the goal is to increase this contribution to five percent in the next five years. He also talked about other minerals like copper, gold, silver, chromite, lead, zinc, and graphite. Pakistan has more reserves like nickel, lithium, and cobalt that are yet to be explored. #Pakistan #export #minerals #event #investors #project

Phosphate is not the only mineral resource Saudi Arabia is eyeing to fuel its post-oil future. On January 10th the government revised its estimate of the value of its buried mineral wealth from $1.3trn to $2.5trn. This includes deposits of gold, copper and zinc.

🌟 Saudi's search for mineral resources other than black gold deepens🌟 Saudi Arabia is undergoing a transformation, shifting its focus from black gold to the rich mineral resources hidden beneath its sands. The kingdom's ambitious plans are not just about extracting minerals but about building a sustainable future powered by diverse resources. 🛢️ While oil has long been the cornerstone of Saudi Arabia's economy, the country is now venturing into the realm of minerals, example phosphate extraction for fertilizers about 1200 km north of Riyadh. With estimates of buried mineral wealth soaring to $2.5 trillion, Saudi Arabia can become a key player in the global mineral market. 💼 To attract investment and facilitate growth in the mineral sector, Saudi Arabia is rolling out investor-friendly policies. From establishing a dedicated Ministry of Mineral Resources to offering financial incentives and training programs, the kingdom is laying the groundwork for a thriving mineral industry. 🔧 Waiving import duties on machinery, reducing license fees, and revising labor codes are just some of the measures taken to encourage investment. But a dilemma will strike the investors that this relationship with Saudi Arabia will not going to be at all similar to the one they have with African nations. There has to be trickle down benefits to the Saudi economy not just drain of the Kingdom's resources. 📈 These developments will not only impact the commodity markets but will also position Saudi Arabia strategically in the global energy transition landscape. 🌐 As Saudi Arabia embarks on this mineral revolution, it opens up new opportunities for investors, businesses, and the global economy. #SaudiArabia #MineralRevolution #EconomicDiversification #Sustainability #InvestmentOpportunity https://lnkd.in/g_vgW-wz

World Gold Production Since the beginning of the 19th century, the existence of new mines in the world production has changed a lot for economic and political reasons. Around 1800 gold production was up to 20 tons, in the middle of the 19th century it was 490-500 tons. In 1890 it was 490-500 tons and then before the First World War it was II. After World War I, it was 700 tons II to 1000 tons. However, in 1945, gold production had a large gap. At present, the world production is about 2500 tons. The distribution of production has changed significantly for more than a hundred years. The role of Europeans does not matter here. For example, France produces only 1.4 tons of gold per year. On the other hand, there is the Republic of South Africa. Thanks to the Witwatersrand mine, it plays an important role, supplying more than half of the world's production. The most important country in this respect is Russia, which has become a major producer since 1930. The Americas have long been a major producer. South America's actions of the 18th century, the third and fourth producers, Canada and the United States, which have no more than 4% of world gold production. After the discoveries in 1850 and 1886, Australia was one of the most important countries. Today, it can only o...

Chinese miner MMG Ltd will invest $700 million to double production at Botswana's Khoemacau #copper mine as part of a growth strategy to secure the critical metal, an official said on Wednesday. MMG announced in March that it had completed a deal to buy Canada-based Cuprous Capital, the parent company of the copper mine which lies in the Kalahari Copper Belt. Amid a surge in demand for the #metal required for the green energy transition, Khoemacau has embarked on an expansion which will see the mine's copper output more than double to 130,000 metric tons from 60,000, said Khoemacau managing director Johan Ferreira at a mining conference, while silver output will rise to 5 million ounces a year from 1.6 million. "Our new owners are committed to the expansion project... with first concentrate expected from the last quarter of 2027," Ferreira said. The expansion will also see the number of workers rise to 2,800 from 1,700. The Kalahari Copper Belt, which extends for nearly 1,000 km from northeast #Botswana to western #Namibia, is one of the world's emerging but mostly under-explored copper-silver regions. Analysts say the emerging copper belt, buoyed by rising international copper prices, could help Botswana diversify beyond #diamond mining, which contributes more than 70% of its #export revenue. https://lnkd.in/eqxWpGzT Botswana🇧🇼 and Namibia🇳🇦 are #AfCFTA member countries #Minerals #Mining #Exports #Markets #Trade #FX #GDP #Growth #Economy #TradeInAfrica #Energy #GlobalTrade #WorldEconomy #TradeUnderAfCFTA #EnergyTransition #AIMC

Chinese miner MMG Ltd will invest $700 million to double production at Botswana's Khoemacau #copper mine as part of a growth strategy to secure the critical metal, an official said on Wednesday. MMG announced in March that it had completed a deal to buy Canada-based Cuprous Capital, the parent company of the copper mine which lies in the Kalahari Copper Belt. Amid a surge in demand for the #metal required for the green energy transition, Khoemacau has embarked on an expansion which will see the mine's copper output more than double to 130,000 metric tons from 60,000, said Khoemacau managing director Johan Ferreira at a mining conference, while silver output will rise to 5 million ounces a year from 1.6 million. "Our new owners are committed to the expansion project... with first concentrate expected from the last quarter of 2027," Ferreira said. The expansion will also see the number of workers rise to 2,800 from 1,700. The Kalahari Copper Belt, which extends for nearly 1,000 km from northeast #Botswana to western #Namibia, is one of the world's emerging but mostly under-explored copper-silver regions. Analysts say the emerging copper belt, buoyed by rising international copper prices, could help Botswana diversify beyond #diamond mining, which contributes more than 70% of its #export revenue. https://lnkd.in/eqxWpGzT Botswana🇧🇼 and Namibia🇳🇦 are #AfCFTA member countries #Minerals #Mining #Exports #Markets #Trade #FX #GDP #Growth #Economy #TradeInAfrica #Energy #GlobalTrade #WorldEconomy #TradeUnderAfCFTA #EnergyTransition

High Court Ruling: A Game Changer for Chrome Exports. In a landmark ruling by High Court Justice Paul Siyabona Musithu, chrome ore concentrates and ferrochrome alloy have been classified as mineral-bearing products, exempt from mining royalties. This means that chrome producers in Zimbabwe will no longer be burdened by royalties on their exported products, making Zimbabwe’s chrome concentrate highly competitive in the global market. This ruling is a huge boost for the industry, reducing export costs and driving further demand. Now is the time to invest. At MST Minerals, we believe that securing Zimbabwe’s chrome concentrate supply chain requires investors and traders to address the current bottleneck of limited wash plant capacity by investing in the development of new chrome wash plants. MST Minerals specializes in chrome claim identification and wash plant setup, with options for JV partnerships with Zimbabwe’s Chromefield owners, providing you with access to this booming sector. With Zimbabwe's chrome industry now more attractive than ever, we offer the expertise to help you capitalize on these opportunities. Contact us today to explore investment opportunities. Email: info@mstminerals.com Website: www.mstminerals.com Phone: +263 775580389 #Zimbabwe #Chrome #MiningInvestment #Minerals #SteelProduction #ZimEconomy #GlobalTrade #AfricaRising #Ferrochrome #MSTMinerals #InvestInZimbabwe #ChromeConcentrate #AlluvialChrome #ChromeWashplants