Aynak Copper Mine Ainak
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As part of its humanitarian assistance to the villagers around the Aynak Copper Mine site, MCC-JCL Aynak Minerals Company Ltd. (MJAM) distributed foodstuff that included flour and rice to 508 destitute households during a ceremony, a statement said on Saturday Oct 02,2021. Mohammad Agha District Governor Mawlawi Hezbullah expressed his gratitude for the generous donation of MJAM to the destitute people during this difficult time. He hoped for the smooth development of the Aynak Copper Project, assuring the Company about the local government’s firm support. Later on, Security Commander Mawlawi Fayaz also thanked MJAM for its continued support to residents of the Aynak mine surrounding villages. He highlighted the economic significance of the Aynak Copper Project for Afghanistan and pledged his strong support and assistance regarding the security of the project.Afterward, MJAM’s Chief Representative Sefatullah Rahimi expressed appreciation to the local government officials for their all-out support in providing security for the project and identifying underprivileged villagers for the donation. MJAM donated 508 bags of flour and 508 bags of rice to needy households He added that MJAM has always stood by the people of Afghanistan under challenging times and will maintain such humanitarian assistance in the future. He called on the local government officials to extend support regarding the security of the project and other relevant matters. He also stated that the Chinese government and MJAM had tried to support the people of Afghanistan in hard times, citing the first batch of Chinese government donated supplies that arrived in Kabul yesterday. In the end, Mawlawi Mohammad Raees thanked MJAM and those who facilitated the substantial donation on behalf of the assisted families. The ceremony ended with prayers for the prosperity of Afghanistan and the development of the Aynak Copper Project.
Afghanistan's plan to develop its estimated $1 trillion worth of mineral resources received a serious blow when China announced its desire to undo a multi-billion dollar agreement to help create a mining industry in the war-torn nation.
The deal, inked in 2007, was to send $3 billion of Chinese investment into the world's second largest copper deposit, the 5.5 million-tonne Mes Aynak near Kabul.
With little more than a year remaining until international forces exit Afghanistan, without firm Chinese support on the horizon, the government may now be forced to scale back plans for attracting mining companies to exploit its minerals reserves, including copper, gold, iron ore and rare earths.
Complex security obstacles aside, Afghanistan's timing may prove to be off. With China's economy – and the economies of other major developing nations – showing signs of slowing, weak commodities prices, and massive, industry-wide cost-cutting, Afghanistan may have missed its window to take part in the boom. (201300920)
"The Chinese were going to build the railway for the Aynak mine, and now the Chinese company don't want to build this railway, so the question is (how to find) another, alternative way to export iron," the official said. He added that other issues in the contract that had come up for review included a plan to built a steel plant. "Maybe within a month or two months we will restart the negotiations," he said.(20131029)
In November 2007, a 30-year lease was granted for the copper mine to the China Metallurgical Group (MCC) for US$3 billion, making it the biggest foreign investment and private business venture in Afghanistan’s history. Allegations have persisted that the then-minister of mines obstructed the contracting process and accepted a large bribe to eliminate the other companies involved in the bid.
The Afghan Mining Ministry estimates that the mine holds some six million tons of copper (5.52 million metric tons). The mine is expected to be worth tens of billions of dollars, and to generate jobs and economic activity for the country, but threatens the site's archaeological remains. The site is accessed via a 15 kilometers (9.3 mi) motorable track from the surfaced road between Kabul and Gardēz.The mining lease holders propose to build a railway to serve the copper mine. As of July 2012, MCC has not developed an environmental impact plan, and has remained secretive about feasibility studies, and the plan regarding the opening and closing of the mine, as well as any guarantees contained in the contract. International experts have warned that the project, and other similar projects in Afghanistan, could be threatened because MMC has not fulfilled promises made to the Afghan government, such as the lack of provision of proper housing for relocated villagers. Other investments that have yet to be fulfilled include a railway, a 400-megawatt power plant and a coal mine.A report by Global Witness, an independent advocacy group that focuses on natural resource exploitation, said there was a "major gap" between the government's promises of transparency and its follow-through.