Home arrow News arrow National arrow Gemstones of Rs. 500 mln extracted annually from Gilgit-Baltistan
 

Today is,

Tuesday, 31 March 2015

 

Home | About Us | News | User Login | Jobs | Employees | Contact Us | Tender Notices
Untitled Document
Main Menu
Home
News
Blog
Links
Search
Contacts
News Section
National
World
Sport
Business
Forex
Weather
Articles & Features
World News
UN deputy chief calls for hydro-diplomacy as world faces growing water shortages -
UNITED NATIONS, Mar 30 (APP): The international community must gear up for a new era of hydro-diplomacy as the threat of water scarcity risks plunging the world into a period of geopolitical tension and stunted development, U.N. Deputy Secretary-General Jan Eliasson told delegates gathered at the General Assembly Monday.


UNESCO launches social media campaign in Baghdad aimed at protecting cultural heritage -
UNITED NATIONS, Mar 30 (APP):  The head of the United Nations Educational, Scientific and Cultural Organization (UNESCO), Irina Bokova, Monday launched at Baghdad University #Unite4Heritage, a social media campaign to support Iraqi youth and to mobilize young people worldwide for the protection of cultural heritage.


UN dims lights to focus attention on climate change -
UNITED NATIONS, Mar 29 (APP): The United Nations went dark later Saturday evening as the Organization shuts off the lights at its iconic Headquarters complex in New York and other facilities around the world in observance of ‘Earth Hour,’ an annual global event raising awareness about the need to take action on climate change and promoting sustainable energy consumption.


Pakistan renew its commitment to UN peacekeeping at first-ever defence chiefs conference -
UNITED NATIONS, Mar 28 (APP): Pakistan has renewed its commitment to the “noble cause” of United Nations peacekeeping, the world body’s flagship activity that helps countries torn by conflict to create the conditions for lasting peace.


At UN, Pakistan urges action to end violence against religious, ethnic minorities in Mideast -
UNITED NATIONS, Mar 28 (APP):  Pakistan Friday called for U.N. Security Council action to end the religiously and ethnically-motivated violence sweeping the Middle East by promoting a global consensus for resolving the challenges confronting Iraq, Syria, Yemen and “most importantly” Palestine.


Sport News
Sindh, Army reach Netball final
ISLAMABAD March 30 (APP): Sindh and Army will face each other in the final of 14th National Women Netball Championship to be played here at Hamidi Hall on Tuesday.
 
Army, Air force qualify for National Basketball Championship'2015 Final
WAH CANTT, Mar 30 (APP): Army, Air force qualified for National Basketball Championship'2015 final beside beating their rivals in semi finals played here at POF Sports Complex on Monday.
 
Starc named as player of the ICC Cricket World Cup 2015
From Ehsan Qurshi
 
MELBOURNE, March 29 (APP): Australia fast bowler Mitchell Starc was Monday named as the player of the ICC Cricket World Cup 2015.
 
Border express sympathy for no International cricket in Pakistan

From Ehsan Qureshi

MELBOURNE, March 29 (APP): Former Australian skipper Alan Border has expressed his sympathy that international  cricket is not being staged in Pakistan.

 
Australia grabs 5th Cricket World Cup crown with an emphatic victory over New Zealand

From Ehsan Qureshi

MELBOURNE, March 29 (APP): Australia regained the Cricket World Cup crown on Sunday when they routed their Trans Transman neighbors New Zealand by seven wickets in the day/night final here at the Melbourne Cricket Ground for their overall fifth title.

 
Archive
Latest News
Efforts continued to evacuate all stranded Pakistani from Yemen: FO - Pakistan to play role in Yemen conflict to maintain peace: Khaqan - Karachi operation being carried out across the board: Saad - Pakistan willing to play role in resolving Yemen conflict: Marvi - Pre-scheduled Pak-Saudi joint exercise being carried out since March... - Minister distributes cheques among Christian families
Gemstones of Rs. 500 mln extracted annually from Gilgit-Baltistan PDF Print E-mail
HTML clipboard

ISLAMABAD, Feb 7 (APP): Around Rs. 500 million value of gemstones are extracted annually from Gilgit-Baltistan and efforts are underway to explore other precious minerals.It has been confirmed that nearly all valleys in Gilgit-Baltistan are shedding gold and base metals but the need is investment to explore them in order to change fate of the area. As per surveys conducted for gold and base metals carried by Pakistan Mineral Development Corporation (PMDC) and on the basis of Geo-chemical and hard rock samples, around 11 prospect areas confirmed gold value ranging from 0.10 to 24 Parts Per Million (PPM) in hard rock while 5 PPM gold is economical in the world, Tourism and Mineral Department official in GB told APP here Sunday.

The official said a total number of 3947 geo-chemical stream sediment samples were collected from less then one sqkm to 250 sqkm, covering 45,500 sqkm gold anomalies alone counted over 100, ranging in content from 5 PPM to 300 PPM. Around 500 samples were collected from hard rock including river floats and out crops.

A total of 50 samples pertaining to 10 areas conform gold values ranging from 0.10 ppm to 24.0 ppm according to laboratory reports, the official said and added the gold washers still recover gold from placer deposits of Gilgit-Baltistan.

The area is also rich with white colour Marble deposits of Shigar (Skardu), Nasirabad (Hunza) and Gupis (Ghizer) which are considered to be of international standard.

The other gemstones which are extracted from the area include Ruby, Emerald, Sapphire, Aquamarine, Tourmaline, Garnet, Fluorite, Pargasite, Spinal, Zircon, Topaz, Berylspar, Corundum, Marganite, Serpentine, Sulpher, Moonstone, Amethyst.

The official said local administration was taking a major policy initiative to expand mineral sector of Gilgit-Baltistan and also encouraging local as well foreign investment in the sector.

Accordingly, many exploration licenses and mining leases have been granted to national and foreign investors and more applications for licenses are under process.

 

 

Grievance Commissioner Wafaqi Mohtasib
Grievance Commissioner Wafaqi Mohtasib
Budget 2014-2015
Federal Budget
Highlights 2014-2015
Punjab Budget
Sindh Budget
KPK Budget
Balochistan Budget
A.J.K Budget
Gilgit Baltistan Budget
Elections 2013
Elections 2013 News
Code of Conduct
Code of Conduct
Manifestos of Parties
Manifestos of Political Parties
Economic Survey
Economic Survey 2013-2014
Presidential address to the joint sitting of parliament
Presidential address to the joint sitting of parliament
Profiles
Profile of the President
Profile of Prime Minister
Profiles of Chairman and deputy Chairman Senate
Profiles of Speakers and Deputy Speakers
Profile of Governors
Profiles of Chief Ministers
Profiles of Federal Ministers
Portfolios of Federal Ministers
Portfolios of Provincial Ministers
Parlimentary Proceedings
National Assembly
Senate
Latest News