The New Mineral Meca

By Charles Kubach, Mine-Engineer.Com
June 14,2010

Recently a team of geologists in Afghanistan discovered a wealth of minerals hidden in the mountains of this country. Findings include a world class deposit of Lithium (a major component in new batteries), potential commercial deposits of copper, iron, cobalt, gold, and a few other minerals. In a country so lacking viable industry to provide jobs for the people, and thereby enhance their standard of living, this new found mineral wealth could be the beginning of a revitalized country dependent upon no one but themselves.

These deposits need to be drilled to define exactly how much of the minerals are present, and that will cost millions of dollars, but mining companies eager to help Afghanistan develop their mineral industry could easily provide this. Mining is a source of very good, high paying jobs and would benefit the citizens of Afghanistan tremendously, if these resources are properly managed. Before a company will commit a few billion dollars to developing any deposit, they need some assurance of political stability, since mining is risky enough without the fear of nationalization, rampant governmental corruption, and the threat of war, be it tribal or otherwise.

The potential benefits are tremendous for the Afghan people, but the Afghan government needs to look at other mineral rich nations and model their mineral management program after some of the more successful. By squandering this opportunity by allowing a few politically connected cronies to control this wealth will do little good for the vast unemployed population. They also need to realize that in order for a company to put large amounts of capital into developing these properties, the companies expect to make a profit by selling the minerals. The government can benefit by incoming revenues, the people will have a new source of good jobs to improve their standard of living, and life in Afghanistan can be good, if this is handled properly.

This could be a new beginning for the Afghan people, and I hope they do not squander it, for opportunities like this are very few and very far in between. Welcome to the Big League of Mining, Afghanistan.

"The Sign of an intelligent person is not the realization of all they know,
but rather the realization of all they do not know."
Charles Kubach 1979

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