The discovery of a gold mine in Pakistan can change the economy!

The discovery of a gold mine in Pakistan can change the economy!

Photo: Collected

Online Desk, Morenewsbd
Online Desk, Morenewsbd

Published: 07:35 14 January 2025

Pakistan is currently in a severe financial crisis. A huge gold mine has been discovered in the country's Punjab province. Former Mines Minister Ibrahim Hassan Murad said on social media on Friday that there is a possibility of 2.8 million tons of gold reserves in this mine, spread over an area of ​​about 32 kilometers in the Punjab part of the Indus River basin.

According to Murad, the current market value of this amount of gold is about 8 thousand crore Pakistani rupees.

The Geological Survey of Pakistan (GSP) has said that it is possible to extract gold equivalent to 600 billion rupees from the bottom of the Indus River. The organization has reached this conclusion after testing samples collected from 127 places.

Former Mines Minister Murad said, "If the extraction of this valuable mineral starts, it will open a new horizon for Pakistan's economy. Starting from creating employment, it is a big opportunity for future generations."

Experts say that gold particles flowing from the Himalayas with the flow of the Indus River have accumulated on the riverbed for a long time, creating this deposit, which is known as 'placer deposition' in geological terms.

Incidentally, Murad said that there may be about 32.6 tons of gold in a 32-kilometer area of ​​Attock district.

However, in 2024, the Punjab government imposed a ban on gold extraction from the Indus River and issued Section 144 to stop illegal mining activities.

On November 29, 2024, the world's largest gold mine was discovered in China. There is a possibility of about 1,000 tons of gold there, the market value of which is estimated at $ 83 billion.

Analysts believe that the discovery of this new mine in Pakistan can not only change their economy, but also have a significant impact on the global mineral market.

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