05-12-2009, 01:40 AM
<b>Pakistan among gold producing countries </b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->ISLAMABAD: By producing 7.746 tonnes of gold during the last five years â 2004 to 2008 â Pakistan has joined the ranks of gold producing countries.
A senior official of the Ministry of Petroleum and Natural Resources told APP, âPresently copper, gold, silver and magnetite are being produced from the Saindak Copper-Gold Project in Balochistanâs Chaghi district.â
According to the data available with the Saindak Metal Limited â during the last five years â Pakistan has produced 86,013 tonnes of copper, 7.746 tonne gold and 11.046 tonne silver, besides the production of 14,482 tonnes of magnetite concentrate (iron), bringing in a total of $633.573 million.
The minerals produced from the Saindak Copper-Gold Project were being internationally marketed by the lessee M/s MRDL, as the project was producing blister copper with contained minerals.
<b>The MRDL lacked refinery facilities to separate the gold from the silver, which resulted in their being exported to other countries. </b>The iron concentrate was being sold to Pakistan Steel Mills, the official said. app<!--QuoteEnd--><!--QuoteEEnd-->
Damn, Indian Tejabies must be making gold out of rakh(as ore is refered) from Pakistan. <!--emo&
--><img src='style_emoticons/<#EMO_DIR#>/biggrin.gif' border='0' style='vertical-align:middle' alt='biggrin.gif' /><!--endemo-->
A senior official of the Ministry of Petroleum and Natural Resources told APP, âPresently copper, gold, silver and magnetite are being produced from the Saindak Copper-Gold Project in Balochistanâs Chaghi district.â
According to the data available with the Saindak Metal Limited â during the last five years â Pakistan has produced 86,013 tonnes of copper, 7.746 tonne gold and 11.046 tonne silver, besides the production of 14,482 tonnes of magnetite concentrate (iron), bringing in a total of $633.573 million.
The minerals produced from the Saindak Copper-Gold Project were being internationally marketed by the lessee M/s MRDL, as the project was producing blister copper with contained minerals.
<b>The MRDL lacked refinery facilities to separate the gold from the silver, which resulted in their being exported to other countries. </b>The iron concentrate was being sold to Pakistan Steel Mills, the official said. app<!--QuoteEnd--><!--QuoteEEnd-->
Damn, Indian Tejabies must be making gold out of rakh(as ore is refered) from Pakistan. <!--emo&
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