Modern technology essential to Pakistan's potential in mining sector: President

President Arvi emphasized the need to use satellite imaging technology and the latest mineral detection, analysis and exploration techniques and to train relevant personnel in modern and safe mining methods.

President Arif Alvi on Monday called for close, meaningful and effective cooperation between federal and state governments, local governments, public and private sectors to boost investment in the country’s mining and minerals sector. claimed. He was speaking at a meeting of various private and public sector stakeholders related to mineral exploration in Pakistan here in Aiwan-e-Sadr, Presidential Secretariat Press Wing said in a press release. Senior officials from the Ministry of Energy (oil sector), the Ministry of Commerce, the Federal Revenue Service and the Government of Gilgit-Baltistan attended the meeting.

The President said Pakistan is endowed with vast amounts of high quality mineral resources such as coal, copper, gold, gems, silver and rare metals. The potential of the mining sector to bring tangible changes to the country’s socio-economic development. He said that various regions of Pakistan have minerals, petroleum, natural gas, rare metals, nuclear materials, precious metals such as gold, silver, copper, zinc, and industrial said to be rich in many minerals of The art of refining and metallurgical process technology helps the country meet the local demands of industry, and exporting value-added mineral and metal products earns valuable foreign currency.

The President needs to resolve issues related to the licensing of mining processes, and the export of precious metal equipment and withholding tax policies should encourage exploration of hidden wealth in addition to complying with international standards and mining best practices. I said we should aim to exploration. In order to make the mining process efficient, effective and safe, President Arvi said it is necessary to use satellite imaging technology and the latest mineral detection, analysis and exploration techniques, and to train relevant personnel in modern and safe mining methods. emphasized gender. He conducts workshops and seminars for stakeholders to discuss and review existing policies and related laws, regulations and procedures, identify loopholes and take them into account when governments devise policies for growth. called for the development of comprehensive proposals and recommendations to Development of domestic mining and mineral exploration. The President stressed the need to cooperate with relevant universities and public and private R&D departments to develop effective R&D mechanisms for the exploration, refining and creation of value-added mineral products.