To what extent Pakistan can start mining projects to contribute to economic development?
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Answer:
Mining is an important industry in Pakistan. Pakistan has deposits of several minerals including coal, copper, gold, chromite, mineral salt, bauxite and several other minerals. There are also a variety of precious and semi-precious minerals that are also mined. These include peridot, aquamarine, topaz, ruby, emerald, rare-earth minerals bastnaesite and xenotime, sphene, tourmaline, and many varieties and types of quartz .[1]
The Pakistan Mineral Development Corporation is the responsible authority for the support and development of the mining industry. The Gemstones Corporation of Pakistan looks after the interests of stake holders in gemstone mining and polishing as an official entity. Baluchistan has the most mineral deposits among the provinces of Pakistan, with Sindh rich in coal deposit and Khyber Pakhtoonkhwa rich in gems. Oil, gas and minerals used in nuclear energy purposes are mined by the federal government. The mining of other minerals is a provincial concern. Currently around 52 minerals are mined and processed in Pakistan.[2]
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