Balochistan is to dig out the underground minerals
Balochistan is considered to be the most resourceful country in terms of minerals. Some of them are explored but many are still underground. Such exploration can upgrade the destiny of not Balochistan but Pakistan. However, Chief Minister Jam Kamal Khan led a conference to check out the business of the Balochistan Mineral Exploration Company and the Balochistan Mineral Resources Company Limited.
It is good to know about the Minister that he is aware of the developed countries who have used improved formulas and technologies to dig out their minerals and to refine them for use and export. On the occasion, the Chief Minister passed orders to update the BMEC and BMRL terms and conditions to involve provisions that allow such companies to participate in mineral exploration and development projects independently.
The board of directors of the company needs more experts who can work out. Moreover, the provincial and federal governments have reached an accord in this regard. The corporation would receive Rs. 3.2 billion in the first two years. Balochistan’s government has allocated Rs. 1.44 crores for the current fiscal year.
The project requires an amount as it is estimated that the cost of installing digital weighing equipment at various sites is Rs. 70 million, while the cost of computerizing the royalty collection system is Rs. 150 million. Moreover, capital is further allocated for different development programs. For instances Rs. 500 million will be spent on a mineral complex, Rs. 10 million will be spent on a Dukki mining resource, and Rs. 300 million will be spent on a federal government metal park.
May this project be accomplished within time without any resistance.
